Characteristics & Basic Data
Broad diversified and active managed portfolio of selected government bonds, bank bonds and corporate bonds with special focus on return and solvency of the issuers. Depending on the market assessment the investment will be focussing on the short or long run.
ISIN (Reinvesting) | LU0213942468 | Dividend payment | April |
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ISIN (Distributing) | LU0213942112 | Valuation | Every Wednesday |
Currency | EUR | Order Deadline | Every Tuesday 4 p.m. CET |
Minimum Investment | no minimum investment | Front load | 1.50 % |
Minimum Increase | no minimum denomination | Management Fee up to *) | 0,84% p.a. |
First registered on | Mar 18, 2005 | Performance Fee | Yes, see KID |
Fiscal year | Jan 01 – Dec 31 | Recommended holding Period | 4 years |
Redemption | Every Tuesday | Risk Class | 1234567 |
ISIN (Reinvesting) | LU0213942468 |
---|---|
ISIN (Distributing) | LU0213942112 |
Currency | EUR |
Minimum Investment | no minimum investment |
Minimum Increase | no minimum denomination |
First registered on | Mar 18, 2005 |
Fiscal year | Jan 01 – Dec 31 |
Redemption | Every Tuesday |
Dividend payment | April |
Valuation | Every Wednesday |
Order Deadline | Every Tuesday 4 p.m. CET |
Front load | 1.50 % |
Management Fee up to *) | 0,84% p.a. |
Performance Fee | Yes, see KID |
Recommended holding Period | 4 years |
Risk Class | 1234567 |
*) Information according to compulsory publication; KID=Key Information Document
Follow the link to download the current information document as a PDF.
Fact SheetPerformance and key data as per Mar 3, 2021
Fund price | 140.85 |
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Fund price (distributing) | 99.65 |
Monthly performance | -0.22 % |
YTD performance | -0.13 % |
Return 1 year | -1.71 % |
Return 3 year | -0.12 % |
Return 5 year | +2.27 % |
Average return per year (5 years) | +0.45 % |
Return since inception | +40.85 % |
Modified duration | 1.81 % |
Yield at market value | 0.33 |
Average maturity | 2.36 |
Performance of the last 5 years
02/2020 - 02/2021 | -1.93 % |
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02/2019 - 02/2020 | +2.35 % |
02/2018 - 02/2019 | -0.62 % |
02/2017 - 02/2018 | +0.04 % |
02/2016 - 02/2017 | +2.89 % |
Asset Allocation
Largest Positions
REPUBLIC OF POLAND 3% 15.01.2024 | 5.36 % |
VODAFONE GROUP PLC 1,75% 25.08.2023 | 5.12 % |
ING BANK NV 4,5% 21.02.2022 | 5.12 % |
BAT INTL FINANCE PLC 3,625% 09.11.2021 | 5.01 % |
NATWEST GROUP PLC 2% 08.03.2023 CALL. | 4.98 % |
BP CAPITAL MARKETS PLC 1,373% 03.03.2022 | 4.55 % |
US TREASURY N/B 2,625% 15.02.2029 | 4.46 % |
REPUBLIC OF AUSTRIA 1,2% 20.10.2025 | 4.41 % |
The Cost-Average-Effect
You buy more shares when fund prices fall and less when the prices rise.
This results in a more favorable average price in a long term.