Stabilised (product provider) — approved wrapper
Stabilised GCC USD Fixed Income
Units in an approved product wrapper holding GCC USD fixed income. Approval status: Approved by Product Governance Committee to 2027-03-31.
Data as at 2026-08-05 01:40 UTC · Simulated provider and custodian feeds
Simulated data. Product terms, prices, balances and settlement references are placeholders pending provider, custodian and legal confirmation.
Eligible
- Mandate permits fixed income
- Sanctions screening clear as at data date
Terms and economics
- Legal wrapper
- Fund or note wrapper placeholder
- Nature of investor interest
- Units in an approved product wrapper holding GCC USD fixed income
- Economic exposure
- USD-denominated GCC sovereign and quasi-sovereign credit
- Target return / yield
- Yield placeholder — indicative 5.4% gross, not guaranteed
- Tenor
- Rolling; weighted average duration 4.2 years
- Liquidity
- Weekly dealing, T+2 settlement
- Dealing cycle
- Weekly, Wednesday 12:00 GST cut-off
- Distribution policy
- Quarterly income distribution in USD or approved stablecoin
- Fees
- Provider fee placeholder 0.65% p.a.; platform fee 0.10%
- Minimum
- USD 500,000
- Settlement assets
- USDC, USDT, HKD stablecoin / stablepoint
- FX / conversion route
- HKD stablepoint → USDC conversion leg where HKD funding is used.
- Capacity
- USD 25,000,000 remaining
- Quote validity
- Dealing-day priced — no intraday quote
Risk panel
A 150bp parallel rate rise implies an indicative -6.3% price impact before carry.
- Market48 / 100
Rate duration and spread risk.
- Liquidity44 / 100
Weekly dealing cycle; gating possible.
- Credit58 / 100
Issuer and country credit concentration.
- Operational32 / 100
Conditional DvP — sequential confirmation required.
- Concentration52 / 100
Regional GCC concentration by design.
Lifecycle event calendar
| Date | Type | Detail | Status |
|---|---|---|---|
| 2026-08-06 | Distribution | Quarterly income distribution — USD 214,880 across three accounts. Election required: USD or USDC. | Action required |
| 2026-08-05 | Redemption | ORD-2026-0442 redemption pending CIO approval before Wednesday dealing cut-off. | Action required |
| 2026-07-31 | Distribution | Q2 income distribution confirmed and reconciled — USD 198,410. | Confirmed |
Custody, register and valuation
- Custody model
- Custodian-held units; stablecoin leg in segregated wallet
- Register of record
- Fund administrator register of record
- Chain / network
- Ethereum for payment leg; delivery off-chain to custody
- Valuation source
- Fund administrator NAV (simulated)
- Valuation as at
- 2026-08-04 16:00 UTC
Eligibility and restrictions
- Eligible investor classes
- Professional Investors and institutional accounts
- Jurisdictions
- Hong Kong, UAE, Singapore — sanctions screening mandatory
- Sanctions screening on issuer and country
- Country limit 25% per sovereign
Approved documents
Only the latest approved version may be used with clients.
- Offering memorandum (placeholder)v3.0 · 2026-07-21
- Term sheetv3.0 · 2026-07-21
- Risk disclosurev2.0 · 2026-07-21
- Subscription agreementv2.2 · 2026-06-09