Long/Short, Relative Value & Event Driven

Saba Capital Investment Trusts UCITS ETF

Saba Capital Management

ISIN IE0008RSSHT4

AUM
£39.2mAs of 16 Sept 2026
OCF / TER
1.5%
Inception Date
3 Mar 2026
Domicile
Ireland
Base Currency
GBP
Instrument Type
ETF

Fund Overview

Investment Objective

The investment objective is to achieve capital appreciation.

AltETF Comments

Active listed closed-end fund strategy focused on UK investment trusts. The portfolio targets trusts trading at discounts to their underlying NAV and seeks to benefit from discount narrowing, asset re-rating and shareholder engagement-driven corporate actions. Returns are driven mainly by discount capture and underlying multi-asset exposure across equities, credit, real assets and alternatives, while liquidity, activism and derivative-overlay risks remain material.

Fees & Share Class

Fees and share-class details
Ongoing Charges1.5%
Share Class CurrencyGBP
Income TreatmentAccumulating
Currency HedgingUnhedged
Other Available Share Classes—
Registrations for Public DistributionAT, DE, DK, FI, FR, GB, IE, IT, LU, NL, NO, SE
UK Reporting Fund StatusYes

Management & Structure

Management and structure details
Legal IssuerHANetf II ICAV
Asset ManagerSaba Capital Management
Fund Manager or TeamPaul Kazarian
AdministratorU.S. Bank Global Fund Services
Custodian or DepositaryU.S. Bank Depositary Services
DomicileIreland
Legal StructureICAV
Instrument TypeETF
Management ApproachActive
Implementation MethodPhysical with permitted swap use
SFDR ClassificationArticle 6

Performance & Statistics

MTD
-3.8%
as of 16 Sept 2026
YTD
8.9%
as of 16 Sept 2026
1Y
—
3Y Annualised
—
5Y Annualised
—

Monthly Returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDecYear Return
2026———3.1%4.1%-0.6%2.3%1.7%————11.0%

As of 31 Aug 2026