GIS Euro Income Bond Fund

ISIN: IE00B3QDMK77

Updated 21 September 2018

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  • DAILY NAV (EUR)
    13.70
  • DAILY YTD RETURN
    -0.65%
  • TOTAL NET ASSETS (EUR)
    1,470 MM
    (as of 31/08/2018)
  • TOTAL NET ASSETS (EUR)
    1,470 MM
    (as of 31/08/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/02/2011
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/02/2011

Objective

The primary investment objective of the Euro Income Bond Fund is to maximise current income, consistent with prudent investment management. Long-term capital appreciation is a secondary objective.

Overview

Fund Description

The Euro Income Bond Fund targets a consistent annual distribution yield achieved via an actively managed portfolio of predominantly euro-denominated, investment grade bonds with an average duration of one to eight years. The fund targets higher coupon securities that generate income for the portfolio. The fund will allocate a minimum of 50% to Investment Grade securities, and a maximum of 25% to Emerging Market securities and a maximum of 30% noneuro currency exposure.

Investor Benefits

The fund offers an actively managed and diversified strategy with a primary goal of income generation, and a secondary goal of capital appreciation over a full market cycle.

The Fund Advantage

The fund’s diversified strategy and extensive fixed income opportunity set can offer significant potential for investors seeking consistent income and outperformance.

PRIMARY BENCHMARK

Bloomberg Barclays Euro Aggregate 1‑10 Year Bond Index

PRIMARY BENCHMARK DESCRIPTION

The Bloomberg Barclays Euro Aggregate 1-10yr bond index represents the Euro Aggregate 1-10yr component of the Bloomberg Barclays Pan-European 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

28/02/2011

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B3QDMK77

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SHARE CLASS CURRENCY

CUSIP

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VAG Compliance

Traspasable

Yes