IQAM Strategic Commodity Fund BT
AT0000A0LVQ9
IQAM Strategic Commodity Fund BT/ AT0000A0LVQ9 /
NAV8/30/2024 |
Chg.+37.1201 |
Type of yield |
Investment Focus |
Investment company |
6,631.1802EUR |
+0.56% |
reinvestment |
Alternative Investments
Worldwide
|
IQAM Invest ▶ |
Investment strategy
The fund’s aim is to participate in the performance of the commodities asset class. This aim is currently being pursued with the help of swaps (derivatives facilitating the swapping of income payments between two parties) on the Rogers International Commodity Index (RICI) and the Spängler IQAM Invest Commodity Index. Equal weighting between the two indices is preferred. The two indices comprise a wide range of commodity sectors.
Up to 80 per cent of the fund assets are invested in euro-denominated government bonds, money market instruments and covered bonds as collateral for the derivatives. The minimum rating of the bonds is A. No less than 80 per cent of the investment has to be of a higher rating. Other derivatives are currently used exclusively to hedge exchange rate risks arising from foreign currencies.
Investment goal
The fund’s aim is to participate in the performance of the commodities asset class. This aim is currently being pursued with the help of swaps (derivatives facilitating the swapping of income payments between two parties) on the Rogers International Commodity Index (RICI) and the Spängler IQAM Invest Commodity Index. Equal weighting between the two indices is preferred. The two indices comprise a wide range of commodity sectors.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Alternative Investments |
Region: |
Worldwide |
Branch: |
AI Commodities |
Benchmark: |
- |
Business year start: |
2/29 |
Last Distribution: |
6/1/2023 |
Depository bank: |
State Street Bank International GmbH Filiale Wien |
Fund domicile: |
Austria |
Distribution permission: |
Austria, Germany |
Fund manager: |
Mag. Thomas Kaiser |
Fund volume: |
29.99 mill.
EUR
|
Launch date: |
12/22/2010 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
0.16% |
Minimum investment: |
5,000,000.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
IQAM Invest |
Address: |
Franz-Josef-Straße 22, 5020, Salzburg |
Country: |
Austria |
Internet: |
www.iqam.com
|
Assets
Alternative Investments |
|
100.00% |