GIS Euro Credit Fund

ISIN: IE00B3KR3M49

Updated 21 September 2018

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  • DAILY NAV (EUR)
    13.07
  • DAILY YTD RETURN
    -0.53%
  • TOTAL NET ASSETS (EUR)
    707 MM
    (as of 31/08/2018)
  • TOTAL NET ASSETS (EUR)
    707 MM
    (as of 31/08/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    25/05/2010
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    25/05/2010

Objective

The investment objective of the Euro Credit Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The Euro Credit Fund is an actively managed portfolio that invests at least two-thirds of its assets in eurodenominated, primarily investment grade corporate and credit instruments. Portfolio duration may vary within two years of the benchmark and the Fund may tactically invest up to 10% of its assets in below-investment grade issues.

Investor Benefits

This Fund offers the diversification benefit, yield premium, and greater total return potential of corporate and credit versus government securities.

The Fund Advantage

The Fund employs a risk-controlled, value-based approach to investing, combined with expertise across global bond markets, and a broad opportunity set.

PRIMARY BENCHMARK

Bloomberg Barclays Euro‑Aggregate Credit Index

PRIMARY BENCHMARK DESCRIPTION

The Bloomberg Barclays Euro-Aggregate Credit Index is the Credit component of the Bloomberg Barclays Euro-Aggregate Index . The Bloomberg Barclays Euro-Aggregate Index consists of bonds issued in the euro or the legacy currencies of the 17 sovereign countries participating in the European Monetary Union (EMU). All issues must be investment grade rated, fixed-rate securities with at least one year remaining to maturity. The Euro-Aggregate Index excludes convertible securities, floating rate notes, perpetual notes, warrants, linked bonds, and structured products. German Schuldscheine (quasi-loan securities) are also excluded because of their trading restrictions and unlisted status, which results in illiquidity. The country of issue is not an index criterion, and securities of issuers from outside the Eurozone are included if they meet the index criteria. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

25/05/2010

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B3KR3M49

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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WKN

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VAG Compliance

Traspasable

Yes

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