Nav series is rebased to 100
Description
The Fund aims to achieve a gradual and steady growth of invested capital with a time horizon of at least 3 years. Its main focus is based on theEuropean corporate bonds sector with particular bias on financialCompanies: Banks and Insurances. The Fund aims to exploit value selecting the best issuances from each Issuer keeping into account expected return and volatility deriving from risk profile. A number of factors are taken into account to assess prospective risks (Capital solidity,market positioning, product mix and ALM profile. Currency and duration risks can be hedged (totally or partially) according to market conditions.The Sub-fund combines senior and subordinated bond instruments in one flexible solution.
Features
Product info
| Inception date |
29th June 2012 |
| Product type |
Bonds, UCITS V |
| Focus Geo/Sector |
European bonds |
| Investment approach |
Discretionary |
| Hedging |
Derivatives |
| Nav frequency |
Daily |
| Risk profile (from 0 to 7) |
2 |
| Currency |
Euro |
| Domicile |
Luxembourg |
| Depositary Bank |
RBC Investor Services |
| Paying Agent |
BNP Paribas |
| Auditor |
Ernst&Young |
Investment limits
| Cash, governative and corporate bonds: |
max 100% |
| Equity and convertible bonds: |
max 20% |
| Bank Deposits: |
max 20% |
| ETF and Funds: |
max 10% |
| Bonds not investment grade: |
max 100% |
| Coco bonds: |
max 20% |
| Credit derivatives: |
None |
Fees
| Management and distribution fees: |
|
| Share A - Retail |
1.25% |
| Share B - Institutional |
0.70% |
| Performance fees: |
20% with absolute high watermark |
| Up front fees: |
up to 3% |
Minimum investment
| Share A - Retail |
None |
| Share B - Institutional |
Euro 250,000 |
Shares - ISIN
| Share A - Retail |
LU1377525735 |
| Share B - Institutional |
LU1377525818 |
Bloomberg ticker
Dealers
Platforms
Our funds are available on the following platforms:
Collocatori
Contatti utili
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There is no guarantee of obtaining equal returns for the future.
Returns are gross of tax charges and net of management charges.
Prior to accession it is recommended that you carefully read the Key Investor Information (KIID) and the Prospectus available on the SGR's website, as well as from distributors.
The latest annual or semi-annual report available is recommended.
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