FISCH Bond Global High Yield AD2
LU1966010313
FISCH Bond Global High Yield AD2/ LU1966010313 /
NAV2024-08-26 |
Chg.+0.1200 |
Type of yield |
Investment Focus |
Investment company |
99.5200USD |
+0.12% |
paying dividend |
Bonds
Worldwide
|
Universal-Inv. (LU) ▶ |
Investment strategy
The subfund is managed actively and invests in debt instruments that qualify as undervalued based on a systematic top-down approach.
The investments range from high yield securities of low quality to investment grade securities (including government bonds). The investment objective of the subfund is capital growth of the investments. The Sub-fund pursues an dynamic strategy. Compared with a defensive strategy, an dynamic strategy accepts a higher risk and aims for a higher return accordingly. The subfund may invest up to 30% of its assets in convertible bonds and similar convertible securities. Up to 20% of its assets may be invested in distressed securities. Securities are deemed distressed securities when the interest payments have been discontinued and the market price of the debt security is below 40% of the repayment price. The subfund may use derivatives for efficient portfolio management and for hedging purposes.
Investment goal
The subfund is managed actively and invests in debt instruments that qualify as undervalued based on a systematic top-down approach.
Master data
Type of yield: |
paying dividend |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
ICE BofAML Global High Yield TR Hedged EUR |
Business year start: |
01-01 |
Last Distribution: |
2024-05-03 |
Depository bank: |
CACEIS Investor Services Bank S.A. |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
Bahlo Gerrit, Potthof Axel |
Fund volume: |
474.86 mill.
EUR
|
Launch date: |
2019-04-12 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
1.20% |
Minimum investment: |
100.00 USD |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Universal-Inv. (LU) |
Address: |
15, rue de Flaxweiler, 6776, Grevenmacher |
Country: |
Luxembourg |
Internet: |
www.universal-investment.com
|
Assets
Bonds |
|
98.70% |
Others |
|
1.30% |
Countries
United States of America |
|
46.21% |
Luxembourg |
|
8.78% |
Netherlands |
|
6.79% |
Germany |
|
4.79% |
United Kingdom |
|
4.49% |
France |
|
3.89% |
Canada |
|
3.29% |
Italy |
|
3.09% |
Mexico |
|
2.20% |
Ireland |
|
1.50% |
Japan |
|
1.50% |
Bermuda |
|
1.30% |
Australia |
|
1.10% |
Spain |
|
1.00% |
Colombia |
|
0.90% |
Others |
|
9.17% |