NAV13/06/2024 Var.+2228.1719 Type of yield Focus sugli investimenti Società d'investimento
225,079.8438USD +1.00% reinvestment Bonds Worldwide H2O AM 

Investment strategy

The objective of the unit is to outperform its benchmark index, the daily capitalised €STR, by 2.10% per year, over a minimum recommended investment period of 5 years, after deduction of management fees. The €STR (Euro Short-Term Rate) corresponds to the interbank market benchmark rate in the eurozone. It is calculated by the European Central Bank. For indicative purposes only, the Fund"s performance may be compared ex-post to that of the JP Morgan Government Bond Index Broad. The JP Morgan Government Bond Index Broad is made up of global government bonds whose minimum rating is BBB- (Standard & Poor"s) and Baa3 (Moody"s). It includes the coupons. The investment policy of the UCITS (undertaking for collective investment in transferable securities) is based on a highly dynamic management style that seeks to generate performance on the international interest rate and currency markets. The management team strives for a global portfolio allocation and then picks the securities making up the portfolio. To do this, it determines its strategy based on its macroeconomic expectations, its capital flow analysis and its assessment of financial asset prices. The manager"s investments are in keeping with a modified duration range of 0 to 10. The modified duration range indicates the variation in a bond"s price when interest rates change by 1%. The UCITS" portfolio may be exposed to any currency and to all types of bonds issued by sovereign governments or private issuers. They may include the full range of financial ratings and be of any nationality, be it a developed country or emerging market, and may include securitisation instruments. The UCITS makes use of derivatives and temporary purchases and sales of securities to achieve its investment policy.
 

Investment goal

The objective of the unit is to outperform its benchmark index, the daily capitalised €STR, by 2.10% per year, over a minimum recommended investment period of 5 years, after deduction of management fees. The €STR (Euro Short-Term Rate) corresponds to the interbank market benchmark rate in the eurozone. It is calculated by the European Central Bank. For indicative purposes only, the Fund"s performance may be compared ex-post to that of the JP Morgan Government Bond Index Broad. The JP Morgan Government Bond Index Broad is made up of global government bonds whose minimum rating is BBB- (Standard & Poor"s) and Baa3 (Moody"s). It includes the coupons.
 

Dati master

Type of yield: reinvestment
Fondi Categoria: Bonds
Region: Worldwide
Settore: Bonds: Mixed
Benchmark: Euro Short Term Rate
Business year start: 01/01
Ultima distribuzione: -
Banca depositaria: CACEIS BANK
Domicilio del fondo: France
Permesso di distribuzione: Austria, Germany, Switzerland
Gestore del fondo: -
Volume del fondo: 1.33 bill.  EUR
Data di lancio: 05/10/2020
Investment focus: -

Condizioni

Sovrapprezzo emissione: 1.00%
Tassa amministrativa massima: 0.70%
Investimento minimo: 100,000.00 USD
Deposit fees: -
Redemption charge: 0.00%
Prospetto semplificato: -
 

Società d'investimento

Funds company: H2O AM
Indirizzo: 33 Cavendish Square, 6th Floor, W1G 0PW, London
Paese: United Kingdom
Internet: www.h2o-am.com
 

Attività

Bonds
 
89.50%
Cash
 
9.90%
Mutual Funds
 
0.60%

Paesi

Global
 
90.10%
Altri
 
9.90%