NAV7/17/2024 Chg.+0.1100 Type of yield Investment Focus Investment company
41.1500EUR +0.27% reinvestment Bonds Euroland IQAM Invest 

Investment strategy

The fund’s aim is a long-term outperformance of the market of euro denominated government bonds.To achieve this aim, the fund primarily invests in bonds issued by countries of the eurozone. Investments denominated in foreign currencies are not permissible. Bonds are selected predominantly on the basis of a quantitative approach. A quantitative approach is defined as the inference of conclusions regarding equity, bond or stock exchange trends from market data (economic figures, equity key figures, political factors, etc.) using mathematical functions. The average rating of the bonds in the fund is required of a minimum of BBB-. The duration (unit measuring the risk of price changes caused by interest rate fluctuations) ranges between 0 and 10 years. It is principally true that the higher the duration, the higher the risk of price fluctuations caused by changes in interest rates. Derivatives are used both for hedging purposes and as part of the investment strategy.
 

Investment goal

The fund’s aim is a long-term outperformance of the market of euro denominated government bonds.To achieve this aim, the fund primarily invests in bonds issued by countries of the eurozone. Investments denominated in foreign currencies are not permissible. Bonds are selected predominantly on the basis of a quantitative approach. A quantitative approach is defined as the inference of conclusions regarding equity, bond or stock exchange trends from market data (economic figures, equity key figures, political factors, etc.) using mathematical functions. The average rating of the bonds in the fund is required of a minimum of BBB-.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Euroland
Branch: Government Bonds
Benchmark: ICE BofA Euro Government Index
Business year start: 8/1
Last Distribution: 11/15/2021
Depository bank: State Street Bank International GmbH Filiale Wien
Fund domicile: Austria
Distribution permission: Austria, Germany
Fund manager: Thomas Haindl
Fund volume: 52.25 mill.  EUR
Launch date: 10/5/1998
Investment focus: -

Conditions

Issue surcharge: 2.50%
Max. Administration Fee: 0.15%
Minimum investment: 0.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: IQAM Invest
Address: Franz-Josef-Straße 22, 5020, Salzburg
Country: Austria
Internet: www.iqam.com
 

Assets

Bonds
 
98.94%
Cash
 
1.06%

Countries

Italy
 
18.42%
Spain
 
15.77%
France
 
14.45%
Germany
 
11.04%
Belgium
 
8.85%
Austria
 
7.07%
Supranational
 
4.92%
Portugal
 
2.93%
Slovenia
 
2.50%
Romania
 
1.66%
Lithuania
 
1.64%
Bulgaria
 
1.34%
Ireland
 
1.27%
Netherlands
 
1.23%
Estonia
 
1.12%
Others
 
5.79%

Currencies

Euro
 
98.94%
Others
 
1.06%