GIS Euro Short-Term Fund

ISIN: IE00B0XJBQ64

Updated 25 September 2020

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  • DAILY NAV (EUR)
    11.98
  • DAILY YTD RETURN
    -0.66%
  • TOTAL NET ASSETS (EUR)
    687 MM
    (as of 31/08/2020)
  • TOTAL NET ASSETS (EUR)
    687 MM
    (as of 31/08/2020)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/01/2006
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/01/2006

Objective

The investment objective of the Euro Short-Term Fund is to seek maximum current income consistent with the preservation of capital and daily liquidity.

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Overview

Fund Description

The Euro Short-Term Fund employs a multi-strategy fixedincomeapproach to enhanced cash returns. The fund investsat least two-thirds of its assets in a diverse portfolio of eurodenominated,investment grade fixed-income securities, hasan average portfolio duration of one and a half years or less,and may hold up to 10% in high yield and emergingmarkets.

Investor Benefits

The fund focuses on preserving capital and minimizingdownside risk, while targeting consistent excess returns overcash.

The Fund Advantage

This fund operates within a rigorous risk managementframework while employing active strategies, whichprovides potential for stable enhanced returns over cash.

BENCHMARK

1 Month Euribor Rate Index

BENCHMARK DESCRIPTION

Euribor(Euro Interbank Offered Rate) is the benchmark rate of the large euro money market. It is sponsored by the European Banking Federation, which represents 2,800 banks in the fifteen Member States of the European Union and the EMU division of ACI, the financial Markets Association. A representative sample of prime banks will provide daily quotes - for thirteen maturities from one week to one year - at which interbank term deposits denominated in euro are being offered within the euro zone between prime banks. The average rate is calculated after elimination of the highest/lowest quotations (15% each side). Euribor is quoted for spot value (T+2) and on an actual/360 day-count convention, and are displayed from 4 January 1999 to three decimals. It will be disseminated at 11:00 a.m., Brussels time.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

31/01/2006

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B0XJBQ64

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

RELATED

Managers

Andrew Bosomworth

Head of Portfolio Management, Germany

View Profile for Andrew Bosomworth

Yields & Distributions