AZ Bond - Convertible - A-AZ FUND EUR-Hedged (DIS)
LU1422848637
AZ Bond - Convertible - A-AZ FUND EUR-Hedged (DIS)/ LU1422848637 /
NAV2024-09-30 |
Chg.-0.0030 |
Type of yield |
Investment Focus |
Investment company |
4.4510EUR |
-0.07% |
paying dividend |
Bonds
Worldwide
|
Azimut Investments ▶ |
Investment strategy
The Sub-fund's investment objective is to achieve returns and medium and long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio of convertible bonds issued by companies worldwide. For the purposes of the Sub-fund"s investment policy, convertible bonds include, among others, plain vanilla convertible bonds and exchangeable bonds.
The Sub-fund invests between 70% and 100% of its net assets in convertible bonds as defined above, issued by companies worldwide, including up to 25% of its net assets in companies of emerging countries. The Sub-fund may invest in convertible bonds which are unrated and/or have a minimum rating of "B" or which, in the opinion of the Management Company, have an equivalent credit rating. The Sub-fund may also invest up to 30% of its net assets in non-convertible bonds, with no restriction in terms of rating, and up to 15% of its net assets in contingent convertible bonds (CoCo bonds). Net exposure to currencies other than the Sub-fund"s reference currency will not exceed 20% of its net assets.
Investment goal
The Sub-fund's investment objective is to achieve returns and medium and long-term capital growth. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio of convertible bonds issued by companies worldwide. For the purposes of the Sub-fund"s investment policy, convertible bonds include, among others, plain vanilla convertible bonds and exchangeable bonds.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
100% ICE BofA European Convertible Index |
Business year start: |
01-01 |
Last Distribution: |
2024-04-22 |
Depository bank: |
BNP Paribas, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Switzerland, Czech Republic |
Fund manager: |
Nicolo' Bocchin |
Fund volume: |
129.77 mill.
USD
|
Launch date: |
2016-07-19 |
Investment focus: |
- |
Conditions
Issue surcharge: |
2.00% |
Max. Administration Fee: |
1.50% |
Minimum investment: |
1,500.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
Azimut Investments |
Address: |
Via Cusani, 4, 20121, Milano |
Country: |
Italy |
Internet: |
www.azimut-group.com
|