Regan Total Return Income UCITS ETF Acc

Issuer: HANetf

Asset Class: Alternative

TER: 86bps

Trading Currency: USD

Pays Income: False

Listing Date: 02 Jul 2025

Ticker: RMBS

ISIN: IE000TD32PU3

This actively managed fund is designed to deliver a positive total return across diverse market conditions, focusing on both income generation and capital appreciation. The core of its strategy is a flexible long/short approach that spans both credit and equity markets, allowing the portfolio managers to capitalize on opportunities in rising markets while also protecting capital during downturns. By not being tied to a specific benchmark, it has the freedom to seek out the most compelling risk-adjusted returns. The investment aims to provide a defensive profile with lower volatility and a reduced correlation to mainstream asset classes, positioning it as a potential diversifier within a traditional portfolio.

The strategy is executed by a specialist manager with deep expertise in structured and corporate credit, particularly within the U.S. residential mortgage market. The investment process is driven by fundamental, bottom-up security selection, which involves identifying individual securities that appear mispriced or undervalued by the broader market. This value-driven approach enables the fund to construct a diversified portfolio of 50 to 75 positions, dynamically adjusting its net exposure to reflect the managers' market outlook. This ability to take both long positions in attractive assets and short positions in overvalued ones is fundamental to its all-weather objective of preserving capital and generating consistent returns.

Ultimately, this investment may appeal to those seeking an alternative to conventional equity and bond allocations. It is structured to provide a potentially uncorrelated stream of returns, with an emphasis on capital preservation. As an accumulating share class, all income and gains generated by the portfolio are automatically reinvested, which is ideal for investors focused on long-term capital compounding without the need for regular income distributions. It offers a sophisticated, actively managed solution for enhancing portfolio diversification and navigating market uncertainty.