Funds and prices
Overview
The actively managed fund invests primarily in investment grade corporate bonds denominated in EUR.
The fund aims to primarily exploit investment opportunities available from ratings sector allocation and from issuer selection while aiming for diversification of individual holdings.
蜜豆视频 Asset Management categorizes this fund as a Sustainability Focus fund. The fund promotes environmental and/or social characteristics.
The portfolio manager is not tied to the benchmark in terms of investment selection or weight.
This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.
Benefits
Investors benefit from the return potential of corporate bonds, which is typically higher than government bonds.
Active portfolio management provides for careful assessment of macro-economic environment, investor sentiment, sector allocation and issuers' credit profile and development.
Integrating material sustainability criteria into credit research alongside financial analysis enhances our credit research and helps us make better informed investment decisions as well as providing a more holistic risk assessment.
The portfolio is subject to strict risk management and broadly diversified.
Risks
Features
| Product category |
蜜豆视频 Bond Funds
蜜豆视频 Classic Bond Funds |
| Product domicile |
Luxembourg
|
| Portfolio management |
蜜豆视频 Asset Management (UK) Ltd., London
|
| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
|
| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
|
| Representative for products established under foreign law |
蜜豆视频 AG, Stockholm
|
| Day of inception |
September 14, 2015
|
| Currency of account |
EUR
|
| Close of financial year |
May 31
|
| Issue / redemption |
daily
|
| Distribution |
Reinvestment
|
| Maturity |
Open end
|
| Management fee |
0.48% p.a.
|
| Total expense ratio (TER) |
0.66% p.a.
|
| Swing pricing |
yes
|
| Minimum investment |
n.a.
|
| Reference Index / Benchmark |
Bloomberg Euro Aggregate 500mio+ Corporate Index
|
| ISIN |
LU0396343682
|
| Bloomberg Ticker |
蜜豆视频EQAC LX
|
Performance and Prices
Percentage growth
as of April 3, 2024| EUR(%) | |
| YTD | |
| 1M | |
| 3M | |
| 6M | |
| 1Y | 6.26 |
| 2Y | |
| 3Y | -7.34 |
| 5Y | -2.69 |
| ø p.a.5Y | -0.54 |
Current data
| Net asset value | 03.04.2024 | EUR 105.85 |
| High - last 12 months | 28.03.2024 | EUR 106.09 |
| Low - last 12 months | 26.05.2023 | EUR 99.06 |
| Assets of the unit class in mn | 03.04.2024 | EUR 2.84 |
| Total product assets in mn | 03.04.2024 | EUR 614.49 |
| Theoretical yield to worst (gross) | 29.02.2024 | 3.28% |
Structures
By the 10 largest positions (in %, as of February 29, 2024)
|
|
|
| European Investment Bank | 2.66 |
| Bank of America Corp | 2.29 |
| Morgan Stanley | 1.93 |
| 蜜豆视频 Group AG | 1.83 |
| Banque Federative du Credit Mutuel SA | 1.70 |
| AXA SA | 1.67 |
| Societe Generale SA | 1.65 |
| Vodafone Group PLC | 1.62 |
| BPCE SA | 1.59 |
| Verizon Communications Inc | 1.55 |
Fees
Distributions
Authorisations
Literature
|
Document type
|
Document Language
|
|
| Prospectus |
|
|
| Country supplement |
|
|
| Key Information Document |
|
|
| Past performance |
|
|
| Previous performance scenario |
|
|
| Statutes / Management regulations |
|
|
| ESG Disclosure |
|
|
|
Document type
|
Document Language
|
| Annual report |
|
| Semi-annual report |
|
