IQAM Strategic Commodity Fund RVA/  AT0000A04UM0  /

Fonds
NAV4/23/2024 Chg.-1.1200 Type of yield Investment Focus Investment company
74.4400EUR -1.48% Full reinvestment Alternative Investments Worldwide IQAM Invest 

Investment strategy

The fund’s aim is to participate in the performance of the commodities asset class. This aim is currently being pursued with the help of swaps (derivatives facilitating the swapping of income payments between two parties) on the Rogers International Commodity Index (RICI) and the Spängler IQAM Invest Commodity Index. Equal weighting between the two indices is preferred. The two indices comprise a wide range of commodity sectors. Up to 80 per cent of the fund assets are invested in euro-denominated government bonds, money market instruments and covered bonds as collateral for the derivatives. The minimum rating of the bonds is A. No less than 80 per cent of the investment has to be of a higher rating. Other derivatives are currently used exclusively to hedge exchange rate risks arising from foreign currencies.
 

Investment goal

The fund’s aim is to participate in the performance of the commodities asset class. This aim is currently being pursued with the help of swaps (derivatives facilitating the swapping of income payments between two parties) on the Rogers International Commodity Index (RICI) and the Spängler IQAM Invest Commodity Index. Equal weighting between the two indices is preferred. The two indices comprise a wide range of commodity sectors.
 

Master data

Type of yield: Full reinvestment
Funds Category: Alternative Investments
Region: Worldwide
Branch: AI Commodities
Benchmark: -
Business year start: 2/29
Last Distribution: 6/2/2014
Depository bank: State Street Bank International GmbH Filiale Wien
Fund domicile: Austria
Distribution permission: Austria, Germany
Fund manager: Mag. Thomas Kaiser, CFA
Fund volume: 49.9 mill.  EUR
Launch date: 5/9/2007
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 0.16%
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

Commodities
 
100.00%

Countries

Global
 
100.00%