NEF Ethical Bond - Euro C EUR Accumulation
LU1555161949
NEF Ethical Bond - Euro C EUR Accumulation/ LU1555161949 /
NAV22/08/2024 |
Chg.-0.0500 |
Type of yield |
Investment Focus |
Investment company |
16.9400EUR |
-0.29% |
reinvestment |
Bonds
Euroland
|
Nord Est AM ▶ |
Investment strategy
The objective of the Sub-Fund is to achieve capital appreciation by investing two third of its assets in mid and long term investment grade bonds, traded on the Euroland financial markets, and issued by corporates or by European national governments, European governments agencies and supranational organisations located in Europe.
The Sub-Fund is actively managed in reference to the benchmark ICE BofAML Euro Broad Market Index (EUR unhedged) (the "Benchmark"). For the construction of the portfolio, the Benchmark serves as reference in terms of overall exposure to risk factors including country, interest rate and credit position. Amplitude of deviations from the Benchmark varies depending on the degree of conviction of the investment manager. Q Bonds denominated in EUR and issued by non Euroland issuers are as well permitted. The Sub-Fund will not invest in ABS or MBS. The remaining portion of the assets may be invested in others type of bonds (such as but not limited to convertible bonds, warrant on financial instruments, zero coupon bonds). Q The Sub-Fund seeks to invest mainly in bonds with a good Environmental, Social and Governance criteria ("ESG") profile, "green bonds" and "social bond", based on the Investment Manager's in-house research and/or third party ESG ratings. The Sub-Fund promotes, amongst others, some ESG characteristics in compliance with Article 8 of SFDR but does not have sustainable investment as its objective. An exclusion list will further be followed by the investment manager.
Investment goal
The objective of the Sub-Fund is to achieve capital appreciation by investing two third of its assets in mid and long term investment grade bonds, traded on the Euroland financial markets, and issued by corporates or by European national governments, European governments agencies and supranational organisations located in Europe.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Euroland |
Branch: |
Bonds: Mixed |
Benchmark: |
ICE BOFAML EURO BROAD MARKET INDEX (EUR UNHEDGED) |
Business year start: |
01/01 |
Last Distribution: |
- |
Depository bank: |
CACEIS Bank Luxembourg |
Fund domicile: |
Luxembourg |
Distribution permission: |
Germany, Luxembourg |
Fund manager: |
BNP Paribas AM |
Fund volume: |
- |
Launch date: |
11/08/2022 |
Investment focus: |
- |
Conditions
Issue surcharge: |
1.00% |
Max. Administration Fee: |
0.40% |
Minimum investment: |
50,000.00 EUR |
Deposit fees: |
0.10% |
Redemption charge: |
0.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
Nord Est AM |
Address: |
5, Allée Scheffer, 2520, Luxemburg |
Country: |
Luxembourg |
Internet: |
www.nef.lu
|
Countries
France |
|
20.20% |
Spain |
|
15.53% |
Italy |
|
10.17% |
Austria |
|
9.97% |
Supranational |
|
9.49% |
Germany |
|
8.22% |
Finland |
|
5.76% |
Belgium |
|
4.42% |
Netherlands |
|
4.35% |
Ireland |
|
3.73% |
United States of America |
|
1.73% |
Canada |
|
1.72% |
Portugal |
|
1.40% |
Others |
|
3.31% |