GIS Euro Low Duration Fund

ISIN: IE00B90VC092

Updated 16 November 2018

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  • DAILY NAV (EUR)
    9.98
  • DAILY YTD RETURN
    -1.58%
  • TOTAL NET ASSETS (EUR)
    429 MM
    (as of 31/10/2018)
  • TOTAL NET ASSETS (EUR)
    429 MM
    (as of 31/10/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    25/03/2013
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    25/03/2013

Objective

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

Overview

Fund Description

The Euro Low Duration Fund is an actively managed, diversified portfolio of primarily short-duration, investment grade bonds. The fund must invest at least two thirds of its assets in euro-denominated fixed income instruments. The average duration of the fund will normally vary within +/-2 years of the benchmark, and may allocate up to 10% to high yield instruments and up to 20% to emerging markets.

Investor Benefits

The fund is actively managed to maximize total return while maintaining risk consistent with the benchmark, and is suitable as a core euro-denominated bond allocation, but with reduced sensitivity to changes in interest rates.

The Fund Advantage

The fund’s diversified strategy can offer significant potential for consistent outperformance over its benchmark, benefiting from the manager’s views on interest rates, currencies, and credit and country trends.

PRIMARY BENCHMARK

Bloomberg Barclays Euro Aggregate ex Treasury 1 - 3 year

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays Euro Aggregate ex Treasury 1-3 Year Index is the 1-3 year component of the Bloomberg Barclays Euro-Aggregate Index excluding Treasuries. The Bloomberg Barclays Euro-Aggregate Index consists of bonds issued in the euro or the legacy currencies of the 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

25/03/2013

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B90VC092

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VALOREN

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Andrew Bosomworth

Head of Portfolio Management, Germany

View Profile

Yields & Distributions