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VT Protean Capital ELDeR Fund

A structured product fund designed for Investec

This website is for financial advisers only

We’ve partnered with our preferred Investment Manager, Protean Capital LLP, to launch a structured product fund into the UK retail market. The VT Protean Capital ELDeR Fund has been specifically developed for investors who want to benefit from the defined returns of structured products within a unitised, open-ended UCITS format.

The fund objective is to generate income, with the potential for capital growth over the long term. The fund achieves this by investing primarily in financial derivative instruments, government bonds, debt instruments and structured products issued by global financial institutions.

The fund’s A Share Class was launched in 2017 for institutional clients, and now has a 3-year track record. The fund’s new I Share Class was launched in March 2020 and is available to UK retail clients. The fund is eligible for investment on any platform. 

Find out more

How your clients can benefit

  • Consistent income

    The VT Protean Capital ELDeR Fund has been designed to generate a consistent income while maintaining a low to medium risk profile for clients in a broad range of market conditions.

  • Actively risk managed

    The Fund is actively managed with a focus on risk management using a diversified and defensive fund holding strategy.

  • Availability and flexibility

    The VT Protean Capital ELDeR Fund has been developed for investors who want to benefit from the positives of structured products but within a unitised open ended format.

How you can benefit

  • Access to recognised expertise

    The fund is managed by a team at Protean Capital that have been responsible for developing and trading the UK's first autocall as well as the UK’s first structured product UCITS fund which was recognised with a PAM award for innovation. With more than 40 years' combined experience in financial markets the fund benefits from this deep expertise to achieve its goals of low risk and consistent returns.

  • Diversify your clients' portfolios

    The VT Protean Capital ELDeR Fund's risk-based approach means that it has had a lower correlation to equity markets than other structured product funds currently in the UK market, enabling you to more effectively diversify your clients' portfolios.

  • Adviser exclusivity

    The fund has been specifically designed for Investec and is one of the few funds that is a recommended holding in all portfolios across Investec Wealth & Investment. As the distributor of the fund, Investec promotes the fund exclusively to financial advisers only.

Useful downloads

VT Protean Capital ELDeR Fund I Share Class Factsheet October 2020
VT Protean Capital ELDeR Fund - Sales Aid 2020
Protean Capital

Historic monthly factsheets

2020

2020

VT Protean Capital ELDeR Fund I Share Class Factsheet - May 2020
VT Protean Capital ELDeR Fund I Share Class Factsheet - June 2020
VT Protean Capital ELDeR Fund I Share Class Factsheet - July 2020
VT Protean Capital ELDeR Fund I Share Class Factsheet - August 2020
VT Protean Capital ELDeR Fund I Share Class Factsheet - September 2020

Get in touch

You can send us a message, or request a call from your local business development director. Whatever support you need we’re here to help.

Over the 3 years since inception, the VT Protean Capital ELDeR Fund has outperformed the FTSE 100 Total Return index, with half of the risk:

13.47%

Amount the VT Protean Capital ELDeR Fund has outperformed the FTSE 100 Total Return index

15.53%

Average 30 day volatility of the FTSE 100 Total Return index

5.98%

Average 30 day volatility of the VT Protean Capital ELDeR Fund

 

While the FTSE 100 Total Return index fell by 8.67% during this period, the ELDeR Fund's risk based approach has delivered a positive return of 4.8% despite the recent challenging market conditions. This has been evidenced during the COVID-19 crisis where the Fund has featured the lowest drawdown of any structured product fund currently available in the UK market.

The Fund has provided an average 12-month yield of 3.94% even in the backdrop of a reduced dividend and equity income environment.

Source: Bloomberg, as at 28/08/2020.
Volatility is a standard indicator of risk which measures how much an asset has fluctuated over a specific period. The Fund’s A Share Class was launched in 2017 and is only available to institutional clients. The Fund’s new I Share Class was launched in March 2020 and is available to UK retail clients. 

Past performance is not a reliable indicator of future performance.

Key Information

Fund AUM

£75.35m as at 28 August 2020

Currency

GBP

Investment Manager

Protean Capital LLP

Administrator

Valu-Trac Investment Management Limited

Fund Launch Date

August 2017 (A Share Class)
March 2020 (I Share Class)

Domicile

United Kingdom

Investment Structure

 

UCITS authorised
UK OEIC

Income Dates

31 August, 30 November, 28 February, 31 May

Risks The Fund will place capital at risk. 

A full list of the risks of investing in this Fund are listed in the Prospectus

Fund AUM

£75.35m as at 28 August 2020

Currency

GBP

Investment Manager

Protean Capital LLP

Administrator

Valu-Trac Investment Management Limited

Fund Launch Date

August 2017 (A Share Class)
March 2020 (I Share Class)

Domicile

United Kingdom

Investment Structure

 

UCITS authorised
UK OEIC

Income Dates

31 August, 30 November, 28 February, 31 May

Risks The Fund will place capital at risk. 

A full list of the risks of investing in this Fund are listed in the Prospectus

Fund Charges

Annual Management Charge

0.80% p.a.

Ongoing Charges Figure

0.91% p.a.

Annual Management Charge

0.80% p.a.

Ongoing Charges Figure

0.91% p.a.

*All information correct as of 30 June 2020. 

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Investec have an approach that clients like. They’re very slick at what they do.

Adviser, South West

We keep earning our stripes

Best Structured Products Provider 2010-2019

Best Structured Products Provider 2010-2020 (11 years in a row)

Best Structured Products Service 2020

Best Structured Products Service 2020

Best Distributor, UK and Ireland (5 years in a row)

Best Distributor, UK and Ireland (5 years in a row)

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Contact us today to discuss the VT Protean Capital ELDeR Fund.