Funds and prices
Overview
The actively managed fund invests in global corporate bonds mainly from the investment grade universe.
Careful security and sector selection and active duration management.
Investment target is to achieve as high a return as possible in line with the development of the global corporate bond market.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
The exchange rate risk between USD and CHF is largely hedged.
Benefits
Clients profit from the return potential of corporate bonds, which is higher than that of government bonds.
Active portfolio management ensures that particular attention is paid to the prevailing economic situation, sector selection and issuers' credit ratings.
Risk is kept in check via meticulous company analysis and broad diversification of the portfolio.
The fund is particularly appropriate for clients with a medium-term investment horizon who are willing to take on more risk than for investments in government bonds in order to benefit from potentially attractive returns.
Risks
Features
| Product category |
Bond
Corporates |
| Product domicile |
Luxembourg
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| Portfolio management |
蜜豆视频 Asset Management (UK) Ltd., London
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| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
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| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
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| Representative for products established under foreign law |
蜜豆视频 Fund Management (Switzerland) AG
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| Day of inception |
December 3, 2009
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| Currency of account |
CHF
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| Close of financial year |
May 31
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| Issue / redemption |
daily
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| Distribution |
Reinvestment
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| Maturity |
Open end
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| Management fee |
0.00% p.a.
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| Total expense ratio (TER) |
0.02% p.a.
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| Minimum investment |
n.a.
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| Reference Index / Benchmark |
Bloomberg Global Aggregate - Corporates (hedged CHF)
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
4588373
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| ISIN |
LU0390864410
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| Bloomberg Ticker |
蜜豆视频GCCI LX
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| Telekurs Id |
n.a.
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Performance and Prices
Percentage growth
as of April 3, 2024| CHF(%) | EUR(%) | USD(%) | |
| YTD | -1.09 | -6.20 | -8.10 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 5.10 | 11.62 | 15.53 |
| 3Y | |||
| 5Y | -2.59 | 11.22 | 7.19 |
| ø p.a.5Y | -0.52 | 2.15 | 1.40 |
Current data
| Net asset value | 03.04.2024 | CHF 137.09 |
| High - last 12 months | 27.12.2023 | CHF 139.14 |
| Low - last 12 months | 19.10.2023 | CHF 127.20 |
| Assets of the unit class in mn | 03.04.2024 | CHF 94.39 |
| Total product assets in mn | 03.04.2024 | CHF 500.69 |
| Average remaining maturity | 29.02.2024 | 9.06 years |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
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| Bank of America Corp | 2.59 |
| Morgan Stanley | 1.41 |
| JPMorgan Chase & Co | 1.37 |
| AT&T Inc | 1.16 |
| Goldman Sachs Group Inc/The | 1.10 |
| Intesa Sanpaolo SpA | 1.08 |
| Concentrix Corp | 0.95 |
| Societe Generale SA | 0.94 |
| Tapestry Inc | 0.94 |
| Pfizer Investment Enterprises Pte Ltd | 0.91 |
Fees
Distributions
Authorisations
Literature
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Document type
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Document Language
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| Prospectus |
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| Key Information Document |
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| Past performance |
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| Previous performance scenario |
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| Statutes / Management regulations |
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| ESG Disclosure |
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| Swiss Climate Scores Report |
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Document type
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Document Language
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| Annual report |
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| Semi-annual report |
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