GIS Euro Bond 1-3 Years EX
LU0396183898
GIS Euro Bond 1-3 Years EX/ LU0396183898 /
NAV2024-09-23 |
Chg.+0.2360 |
Type of yield |
Investment Focus |
Investment company |
123.8350EUR |
+0.19% |
reinvestment |
Bonds
Euroland
|
Generali Inv. (LU) ▶ |
Investment strategy
The objective of the Fund is to outperform its Benchmark investing in quality debt securities denominated in Euro resulting in a weighted average portfolio maturity ranging from 1 to 3 years.
The Fund shall invest at least 70% of its net assets in debt securities denominated in Euro with Investment Grade Credit Rating. Investment Grade Credit Rating is credit rating from AAA to BBB- for Standard & Poors or from Aaa to Baa3 for Moody's or from AAA to BBB- for Fitch or an equivalent credit rating by a recognised credit rating agency or an equivalent credit rating as deemed by the Investment Manager. The Fund shall invest at least 60% of its net assets in government bonds. The Fund may invest up to 30% of its net assets in money market instruments and bank deposits. It may also hold to 40% of its net assets in government agencies, local authorities, supranational, corporate bonds and asset- backed securities having Investment Grade Credit Rating, denominated in Euro. A maximum of 25% of the total assets of the Fund may be invested in convertible bonds. The Fund may hold equities following the conversion up to 5% of its net asset.
Investment goal
The objective of the Fund is to outperform its Benchmark investing in quality debt securities denominated in Euro resulting in a weighted average portfolio maturity ranging from 1 to 3 years.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Euroland |
Branch: |
Bonds: Focus Public Sector |
Benchmark: |
J.P. Morgan EMU 1-3 Years Index |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
BNP Paribas S.A. |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Mauro Valle |
Fund volume: |
1.08 bill.
EUR
|
Launch date: |
2009-03-09 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.70% |
Minimum investment: |
500.00 EUR |
Deposit fees: |
- |
Redemption charge: |
3.00% |
Key Investor Information: |
Download (Print version) |
Countries
Italy |
|
53.17% |
Spain |
|
25.36% |
Supranational |
|
7.51% |
Greece |
|
5.76% |
Cash |
|
4.09% |
Germany |
|
2.77% |
Portugal |
|
0.94% |
France |
|
0.21% |
Austria |
|
0.19% |