Total returns on £1,000
Objective
The sub-fund’s assets shall be invested at 70% or more in FOCUS Investments, i.e. bonds or similar securities, whose rating is Investment Grade as by Moody’s or S&P or an equivalent rating denominated in Euro or another freely transferable currency, issued by sovereign or corporate issuers established in any OECD country.
The sub-fund may effect the following WIDE Investment: a) invest up to 25% of the net assets of the sub-fund in convertible bonds or bonds with warrants issued by corporate issuers, established in any country and denominated in Euro or another freely transferable currency; b) invest up to 20% of the net assets of the sub-fund in units or shares of open-ended investment funds or in ETF. At least two thirds of the net assets of the sub-fund shall, at all times, be denominated in Euro (which term does not include investments hedged into EUR).
Profile
| Fund type | SICAV |
|---|---|
| Investment style (bonds) | Credit Quality: High Interest-Rate Sensitivity: Ltd |
| Income treatment | Accumulation |
| Morningstar category | Europe Bond |
| IMA sector | |
| Launch date | 09/08/2010 |
| Price currency | EUR |
| Domicile | Luxembourg |
| ISIN | LU0519144652 |
| Manager & start date |
Investment
| Pricing frequency | Daily |
|---|---|
| Fund size | 7.06m GBPAs of Apr 30 2013 |
| Share class size | 762.77k GBPAs of Apr 30 2012 |
| Net expense ratio | 1.12% |
| Initial charge | 3.00% |
| Annual charge | 0.75% |
| Exit charge | 0.00% |
| Min. initial investment | -- |
| Min. additional investment | -- |
| Min. regular investment | -- |
| UK ISA | -- |
| Available for sale | Italy, Luxembourg |
Diversification
Asset type
Cash | 55.77% |
|---|---|
Bond | 42.36% |
Non-UK stock | 1.87% |
Other | 0.00% |
UK stock | 0.00% |
Top 5 sectors
Cash & Equivalents | 79.52% |
|---|---|
Government | 33.75% |
Government Related | 8.61% |
Top 5 Regions
Regional weighting data is unavailable.
Top 5 holdings
| Company | 1 year change | Portfolio weight | Short allocation | Long allocation |
|---|---|---|---|---|
| Euro Inv Bk 2.125% | -- | 26.02% | ||
| Dax Index Future Jun13 | -- | 23.75% | ||
| Germany (Federal Republic Of) 4.25% | -- | 19.83% | ||
| September 13 Puts On Spx @ 1450 | -- | -17.68% | ||
| US Treasury Note 2% | -- | 13.91% |