AZ Bond - USD Corporate A-AZ USD (ACC)
LU1621764551
AZ Bond - USD Corporate A-AZ USD (ACC)/ LU1621764551 /
NAV2024-07-18 |
Chg.-0.0110 |
Type of yield |
Investment Focus |
Investment company |
4.9660USD |
-0.22% |
reinvestment |
Bonds
Corporate Bonds
|
Azimut Investments ▶ |
Investment strategy
The Sub-fund's investment objective is to provide an income and capital growth in the medium term. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio invested at least 60% in debt securities denominated in US dollars and issued by companies that have their head office and/or do the majority of their business in the United States.
The Sub-fund invests between 70% and 100% of its net assets in debt securities rated investment grade at the time of purchase. The Sub-fund invests up to 40% of its net assets in debt securities issued by companies that have their head office outside the USA, including emerging countries. The Sub-fund invests up to 30% of its net assets in debt securities rated sub-investment grade The Sub-fund may also invest up to 30% of its net assets in hybrid, subordinated (other than contingent convertible bonds (CoCo bonds) and/or perpetual bonds issued by financial and non-financial institutions, and up to 10% of its net assets in CoCo bonds. The Sub-fund uses the main derivative financial instruments for investment purposes in order to implement its investment policy and/or for hedging purposes. The Sub-fund aims at maintaining a leverage effect lower than 200%, calculated on the total of all derivative financial instruments' notional amounts.
Investment goal
The Sub-fund's investment objective is to provide an income and capital growth in the medium term. The Sub-fund aims to achieve its investment objective by actively managing a diversified portfolio invested at least 60% in debt securities denominated in US dollars and issued by companies that have their head office and/or do the majority of their business in the United States.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Country: |
United States of America |
Branch: |
Corporate Bonds |
Benchmark: |
Bloomberg US Corporate Bond Total Return |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
BNP Paribas, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
- |
Fund manager: |
Karol Necki |
Fund volume: |
84.9 mill.
USD
|
Launch date: |
2017-08-07 |
Investment focus: |
- |
Conditions
Issue surcharge: |
2.00% |
Max. Administration Fee: |
1.14% |
Minimum investment: |
1,500.00 USD |
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
|
Countries
United States of America |
|
100.00% |