1618 Investment Funds - Short Term Dollar - USD
LU0041782110
1618 Investment Funds - Short Term Dollar - USD/ LU0041782110 /
NAV5/31/2024 |
Chg.+0.2900 |
Type of yield |
Investment Focus |
Investment company |
245.8900USD |
+0.12% |
reinvestment |
Bonds
Worldwide
|
Lemanik AM ▶ |
Investment strategy
The objective of the sub-fund is to achieve capital growth and generate income by investing primarily in fixed income and money instruments for which the remaining period to maturity does not exceed 2 years for each investment. As a minimum, two thirds of its assets will be denominated in US dollars.
The sub-fund invests primarily in bonds, funds, ETFs, money market instruments and derivatives. Two thirds of its assets will be invested in instruments with a minimum rating of “Investment Grade”. One third of its assets may be invested in instruments of any currency and without restriction in terms of the issuer’s rating. Derivatives are used for the purposes of good management of the portfolio as well as for hedging purposes. The investment currencies are not necessarily identical to the sub-fund’s benchmark currency. The resulting foreign exchange exposure is not systematically hedged, but will be managed actively by the Fund Manager. The sub-fund is actively managed in an environment of rigorous risk control.
Investment goal
The objective of the sub-fund is to achieve capital growth and generate income by investing primarily in fixed income and money instruments for which the remaining period to maturity does not exceed 2 years for each investment. As a minimum, two thirds of its assets will be denominated in US dollars.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
- |
Business year start: |
10/1 |
Last Distribution: |
- |
Depository bank: |
Banque de Luxembourg |
Fund domicile: |
Luxembourg |
Distribution permission: |
Switzerland, Luxembourg |
Fund manager: |
KPMG Audit |
Fund volume: |
33.04 mill.
USD
|
Launch date: |
2/24/1993 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.50% |
Max. Administration Fee: |
0.30% |
Minimum investment: |
0.00 USD |
Deposit fees: |
- |
Redemption charge: |
0.50% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Lemanik AM |
Address: |
106, route d'Arlon, 8210, Mamer |
Country: |
Luxembourg |
Internet: |
www.lemanikgroup.com
|