GIS Low Average Duration Fund

ISIN: IE00B283G405

Updated 21 September 2018

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  • DAILY NAV (EUR)
    8.65
  • DAILY YTD RETURN
    -3.14%
  • TOTAL NET ASSETS (USD)
    1,369 MM
    (as of 31/08/2018)
  • TOTAL NET ASSETS (USD)
    1,369 MM
    (as of 31/08/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    24/07/2009
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    24/07/2009

Objective

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

Overview

Fund Description

The Low Average Duration Fund is a diverse portfolio of short-duration, high-quality, fixed-income instruments. The fund typically invests at least two-thirds of its assets in a diverse portfolio of fixed income instruments with an average duration of one to three years, and may include forwards or derivatives such as options, futures contracts or swap agreements.

Investor Benefits

This fund is actively managed to maximise total return by employing macroeconomic analysis and issue selection suitable for all market conditions.

The Fund Advantage

The fund employs multiple concurrent strategies, taking modest risk in each in order to reduce the risk of poor performance due to any single source.

PRIMARY BENCHMARK

ICE BofAML 1‑3 Year U.S. Treasury Index (Euro Hedged)

PRIMARY BENCHMARK DESCRIPTION

ICE BofAML 1-3 Year U.S. Treasury Index (Euro Hedged) is a subset of The ICE BofAML US Treasury Index including all securities with a remaining term to final maturity less than 3 years. The ICE BofAML US Treasury Index tracks the performance of US dollar denominated sovereign debt publicly issued by the US government in its domestic market. Qualifying securities must have at least one year remaining term to final maturity, a fixed coupon schedule and a minimum amount outstanding of $1 billion. Bills, inflation-linked debt and strips are excluded from the Index; however, original issue zero coupon bonds are included in the index and the amounts outstanding of qualifying coupon securities are not reduced by any portions that have been stripped. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

24/07/2009

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B283G405

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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VAG Compliance

Traspasable

Yes

RELATED

Managers

Scott A. Mather

CIO U.S. Core Strategies

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Jerome M. Schneider

Head of Short-Term Portfolio Management

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Yields & Distributions