Menu ANOMUIA Angel Oak Multi-Strategy Income UCITS Fund USD Prospectus Fact Sheet Fund Alert TOTAL ASSETS $874.5 M As of 9/30/21 OVERVIEW The Fund seeks the best risk-adjusted opportunities in fixed income that offer the potential for both stable income and price appreciation. The team employs a top-down approach to identify relative value opportunities within the structured credit markets and a bottom-up credit selection process to select individual issues. The managers will invest opportunistically across a wide range of credits and issuer types based on relative value within fixed income. Specifically, the Fund targets opportunities in: Agency and Non-Agency Residential Mortgage-Backed Securities (RMBS) Commercial Mortgage-Backed Securities (CMBS) Collateralized Loan Obligations (CLOs) Asset-Backed Securities (ABS) Currently, the Fund has a bias towards credit and low duration assets to manage interest rate risk. This bias is not set for the long term and may change over time as the managers’ view on the global economy, interest rates and capital market conditions change. The team does not manage the portfolio’s asset allocation to resemble the Fund’s benchmark in a relative sense, but instead positions the portfolio with a focus on absolute return. Objective The investment objective of the Angel Oak Multi-Strategy Income UCITS Fund is to generate income while maintaining an overriding focus on capital preservation. PERFORMANCE TOTAL RETURNS Monthly Quarterly ANNUAL RETURNS ANOMUIA Bloomberg U.S. Aggregate Bond Index 2020 2019 2018 2017 2016 -5.0% -2.5% 0.0% 2.5% 5.0% 7.5% 10.0% Performance data quoted represents past performance. Past performance is no guarantee of future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than what is stated. Performance shown is for the Institutional Class Accumulating (ANOMUIA) and assumes reinvestments of capital gains and dividends. The monthly return and annual return performance figures quoted above represent the performance of the MontLake Angel Oak Multi-Strategy Income UCITS Fund USD Institutional Class Accumulating (ANOMUIA) since inception on 12/4/15. These performance figures refer to the past and past performance is not a reliable guide to future performance. GROWTH OF $10,000 SINCE INCEPTION As of 9/30/21 ANOMUIA Bloomberg U.S. Aggregate Bond Index Jan2016 Jul2016 Jan2017 Jul2017 Jan2018 Jul2018 Jan2019 Jul2019 Jan2020 Jul2020 Jan2021 Jul2021 $10,000 $11,000 $12,000 $13,000 $9,000 This chart illustrates the performance of a hypothetical $10,000 investment made in the MontLake Angel Oak Multi-Strategy Income UCITS Fund USD Institutional Class Accumulating (ANOMUIA) since inception on 12/4/15. It assumes reinvestment of capital gains and dividends. This chart is not intended to imply any future performance. These performance figures refer to the past and past performance is not a reliable guide to future performance. FUND STATISTICS As of 9/30/21 ANOMUIA Index Standard Deviation (%) 4.2 4.1 Sharpe Ratio 1.1 0.9 Correlation to Index 0.1 1.0 ANOMUIA Index % Positive Months 91.3 60.9 % Negative Months 8.7 39.1 PORTFOLIO SECTOR BREAKDOWN As of 9/30/21 Non-Agency RMBS Non-Agency CMBS Agency MBS CLO ABS Corporates Other Cash and Equivalents Other includes investments in collateralized debt obligations. The portfolio is actively managed. Holdings and weightings are subject to change daily and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities mentioned. Fund composition is based on net assets. Please scroll down to see important information about the Fund. CREDIT TYPE As of 9/30/21 Credit Type 0% 20% 40% 60% 80% 1… Mortgage Credit Corporate Credit Cash + Other FUND CHARACTERISTICS As of 9/30/21 Fund Assets (All Classes) $874.5 Million Strategy Assets $7.7 Billion Number of Securities 909 Effective Duration 2.3 Average Price (Portfolio) $92.1 Average Price (Legacy RMBS) $79.0 Floating Rate (%) 63.8 FUND INFORMATION As of 9/30/21 Ticker ANOMUIA CUSIP G6222S175 Management Fee 0.89% Total Expense Ratio Cap 1.05% MANAGEMENT TEAM Sreeni Prabhu Managing Partner, Co-CEO & Group Chief Investment Officer Sam Dunlap Chief Investment Officer, Public Strategies Berkin Kologlu Senior Portfolio Manager Clayton Triick, CFA® Senior Portfolio Manager RECENT INSIGHTS 11 - 10 - 2021 Multi-Strategy Income UCITS Fund Commentary Read commentary DOCUMENTS Fund Marketing Materials Fund Legal Materials Applications and Forms Multi-Strategy Income UCITS Fund Fact Sheet Multi-Strategy Income UCITS Fund Historical Allocation Returns in Periods of Rising Rates LEARN MORE Get More Insights From Angel Oak Capital Sign up STAY CONNECTED Follow Us On Our Social Media Accounts ©2021 Angel Oak Capital Advisors, LLC. Glossary Privacy Policy CA Privacy Policy Terms Of Use Social Media Disclosure Contact Us SHAREHOLDER SERVICES: 855-751-4324 Past performance is not a reliable indicator of future results, the value of investments and the income from them may fall as well as rise. The Angel Oak Multi-Strategy Income UCITS Fund (the “Fund”) may use higher leverage and financial derivative instruments as part of the investment process. The distribution of this report does not constitute an offer or solicitation. This document and the information contained in it are not directed at individuals in jurisdictions in which the Fund is not registered for marketing and sale or in which the marketing and distribution of the Fund is otherwise prohibited. Any investment in the Fund should be based on the full details contained in the Fund’s Supplement Prospectus and Key Investor Information Documents which together with the MontLake UCITS Platform ICAV Prospectus may be downloaded from the MontLake ICAV website. Information given in this document has been obtained from, or based upon, sources believed by us to be reliable and accurate although neither the Manager nor Angel Oak Capital Advisors, LLC accepts liability for the accuracy of the contents. Angel Oak Capital Advisors, LLC is authorized and regulated by the U.S. Securities and Exchange Commission. The Manager does not offer investment advice or make recommendations regarding investments. The Manager of the Fund is Waystone Fund Management (IE) Limited (the “Manager”), a company regulated by the Central Bank of Ireland. The MontLake UCITS Platform ICAV (the “ICAV”) is registered and regulated as an open-ended Irish collective asset management vehicle with segregated liability between sub-Funds formed in Ireland under the Irish Collective Asset-management Vehicles Act 2015 and authorised by the Central Bank as a UCITS pursuant to the UCITS Regulations. This notice shall not be construed as an offer of sale in the Fund. This notice shall not be construed as an offer of sale in any other fund managed or advised by Angel Oak Capital Advisors, LLC. The state of origin of the Fund is the Republic of Ireland. The Representative in Switzerland Waystone Fund Services (Switzerland) SA, Avenue Villamont 17, 1005 Lausanne, Switzerland, whilst the Paying Agent is NPB Neue Privat Bank AG, Limmatquai1/am Bellevue, P.O. Box, CH -8024 Zurich. In respect of the units distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the Swiss representative. The basic documents of the Fund as well as the annual and, if applicable, semi-annual report may be obtained free of charge at the registered office of the Swiss Representative. Past performance may not be a reliable guide to future performance. Income may fluctuate in accordance with market conditions and taxation arrangements. It is not possible to invest directly in an index. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Changes in exchange rates may have an adverse effect on the value price or income of the product. Investment products: Not FDIC Insured May Lose Value Not Bank Guaranteed By continuing on this site or clicking Yes to Accept, you agree to our use of cookies and other technologies to process your personal data to personalize your experience and for other purposes. Yes