CLO

CLO Sub-Fund, a sub-fund of Himalaya SICAV p.l.c. is licensed by the Malta Financial Services Authority as a Professional Investor Fund which is available to Qualifying Investors. PIFs are non-retail collective investment schemes, therefore, the protection normally arising as a result of the imposition of the MFSA's investment and borrowing restrictions and other requirements for retail collective investment schemes do not apply. Investors in PIFs are not protected by any statutory compensation arrangements in the event of the fund's failure.
The Investment Objective of the Sub-Fund is to achieve long-term capital growth over the medium to long term (5 to 7 years).
There is no guarantee that the investment objective of the Sub-Fund will be achieved and investment results may vary substantially over time.

The Sub-Fund will generally invest in Collateralized Loan Obligations (CLO) and similar instruments either directly or indirectly through collective investment schemes and structured products. In addition, the Sub-Fund may also invest in a wide range of instruments including but not limited to listed fixed income securities, other regulated collective investment schemes and financial derivatives instruments such as options, futures and forwards. It is anticipated that Sub-Fund will not be biased in terms of country, industry, market capitalization. The Sub-Fund may also retain amounts in cash or cash equivalents, pending reinvestment, if this is considered appropriate to the objective of maximising absolute returns.

Uninvested cash which has not been placed as margin may, subject to investment restrictions, be held on deposit in a bank account in the name of the Sub-Fund. When appropriate the Sub-Fund may also employ leverage through borrowing. The Sub-Fund shall not make any investments within the real estate or private equity sectors



Details

Name of Sub-Fund

CLO

Base Currency

USD

Isin

MT7000005864

Initial Offering Period

From the 28th February, 2014 until the Closing Date.

Closing Date

31.03.2014

Initial Offering Price

USD 100.000

Number Of Investor Shares On Offer

100,000,000 Investor Shares

Investment Management Fee

2% per annum, calculated on the NAV on each Valuation Day and will be payable quarterly in arrears.

Performance Fee

20% of the net trading gain calculated on the NAV on each Valuation Day. The Performance Fee is calc

Minimum Initial Subscription

USD 75,000 or its equivalent in any other currency.

Minimum Additional Ubscription

USD 10,000 or its equivalent in any other currency.

Minimum Holding

USD 75,000 or its equivalent in any other currency.

Minimum Redemption

USD 10,000 or its equivalent in any other currency.

Subscription Notice Period

10am CET, 5 Business Days prior to the relevant Subscription Day

Redemption Notice Period

10am CET, 5 Business Days prior to the relevant Redemption Day

Directory

Directors Of The Company

Mr. Nicholas Calamatta
Mr. Enzo L. Filippini
Mr. Eros Lombardo

Registered Office

Himalaya SICAV p.l.c.
Third Floor, Valletta Buildings, South Street,
Valletta, Malta

Investment Manager

Gamma Capital Markets Limited
First Floor, Valletta Buildings, South Street,
Valletta, Malta

Sub Investment Manager

FF Invest SA
Via Nassa 5
6900 Lugano, Switzerland

Administrator

Calamatta Cuschieri Fund Services Limited
Third Floor, Valletta Buildings, South Street,
Valletta, Malta

Executive Broker

Banca Zarattini & Co SA
Via Pretorio 1, 6900 Lugano
Switzerland

Auditors

Deloitte Audit Limited
Deloitte Place
Mriehel Bypass
Mriehel BKR 3000, Malta

Legal Advisors Malta

Ganado Advocates
171, Old Bakery Street,
Valletta, VLT 1455, Malta