Funds and prices
Overview
The fund's investments are broadly diversified within CHF bonds that predominantly have investment-grade ratings.
Active duration management takes advantage of fluctuating interest rates.
The average duration stands at around 2.5 years.
The investment objective is to generate an attractive return in line with the market.
Benefits
Clients benefit from a broadly diversified CHF bond portfolio offering attractive return potential.
The fund combines active duration and yield-curve management with sector and security selection.
The portfolio is subject to strict risk management processes.
The return potential is higher than that of a money market fund, but the risk is lower than for long-term bond funds.
Risks
All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.
Features
| Product category |
Bond
Aggregate |
| Product domicile |
Switzerland
|
| Portfolio management |
蜜豆视频 Asset Management Switzerland AG, Zurich
|
| Fund management |
蜜豆视频 Fund Management (Switzerland) AG
|
| Custodian bank |
蜜豆视频 Switzerland AG, Zurich
|
| Day of inception |
August 24, 2010
|
| Currency of account |
CHF
|
| Close of financial year |
October 31
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Flat fee |
0.00%
|
| Total expense ratio (TER) |
0.02% p.a.
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
SBI® Foreign AAA-BBB 1-5 Jahre (TR)
|
| Cut-Off Time |
15:00h (CET)
|
| Securities no. |
11602907
|
| ISIN |
CH0116029072
|
| Bloomberg Ticker |
蜜豆视频BMTC SW
|
| Telekurs Id |
IVFBMTX
|
Performance and Prices
Percentage growth
as of April 3, 2024
Cumulative
| CHF(%) | EUR(%) | USD(%) | |
| YTD | 0.83 | -4.37 | -6.31 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 7.67 | 14.35 | 18.35 |
| 3Y | |||
| 5Y | 2.82 | 17.40 | 13.15 |
| ø p.a.5Y | 0.56 | 3.26 | 2.50 |
Current data
| Net asset value | 03.04.2024 | CHF 98.01 |
| High - last 12 months | 27.03.2024 | CHF 98.08 |
| Low - last 12 months | 12.04.2023 | CHF 92.36 |
| Assets of the unit class in mn | 03.04.2024 | CHF 64.72 |
| Total product assets in mn | 03.04.2024 | CHF 71.51 |
| Average remaining maturity | 29.02.2024 | 3.12 years |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
|
| Canadian Imperial Bank of Commerce | 4.20 |
| Muenchener Hypothekenbank eG | 2.78 |
| Athene Global Funding | 2.71 |
| Commerzbank AG | 2.09 |
| Santander UK PLC | 2.06 |
| Cellnex Telecom SA | 2.06 |
| Bank of Nova Scotia/The | 2.04 |
| Credit Agricole SA | 2.01 |
| Corp Andina de Fomento | 2.00 |
| Societe Generale SA | 1.99 |
Fees
Portfolio management fees
0.0000%
Admin/Custodian fees
0.0000%
Distributions
No distributions. Continuous reinvestment of income.
Authorisations
Literature
Brochures
Agreement / Prospectus
|
Document type
|
Document Language
|
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| Prospectus |
|
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| Past performance |
|
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| Previous performance scenario |
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| Swiss Climate Scores Report |
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| ASIP ESG Report |
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Annual and semi-annual report (accounting on October 31)
|
Document type
|
Document Language
|
|
| Annual report |
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