Payden Absolute Return Bond CHF Acc
IE00B895YT88
Payden Absolute Return Bond CHF Acc/ IE00B895YT88 /
NAV2024-07-19 |
Chg.+0.0011 |
Type of yield |
Investment Focus |
Investment company |
10.9532CHF |
+0.01% |
reinvestment |
Bonds
Worldwide
|
Payden & Rygel ▶ |
Investment strategy
The Fund aims to achieve a return of 300 basis points above the ICE BofA SOFR Overnight Rate Index (or the equivalent for each currency share class) over a 3-year period, while seeking preservation of capital.
Payden & Rygel Global Limited (the "Investment Manager") will actively select, purchase and sell securities with the aim of meeting the investment objectives of the Fund. In order to achieve its objective the Fund will invest predominantly in a wide variety of fixed and floating rate investment grade and below investment grade debt instruments and income-producing securities traded on regulated markets worldwide, including money market securities. The Fund may also invest up to 15% in equities and equity related instruments. The Fund may use derivatives with the aim of managing interest rate and currency risk more efficiently. The Fund may also use derivatives for both hedging purposes and for taking investment positions. These may include short positions where the Fund seeks to benefit from the sale of an asset that it does not physically own.
Investment goal
The Fund aims to achieve a return of 300 basis points above the ICE BofA SOFR Overnight Rate Index (or the equivalent for each currency share class) over a 3-year period, while seeking preservation of capital.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Bonds: Mixed |
Benchmark: |
ICE BOFA SARON OVERNIGHT RATE INDEX |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
Brown Brothers Harriman Trustee Services (Ireland) Limited |
Fund domicile: |
Ireland |
Distribution permission: |
Austria, Germany, Switzerland |
Fund manager: |
- |
Fund volume: |
2.05 bill.
USD
|
Launch date: |
2020-04-08 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
- |
Minimum investment: |
1,000,000.00 CHF |
Deposit fees: |
- |
Redemption charge: |
3.00% |
Key Investor Information: |
- |
Investment company
Funds company: |
Payden & Rygel |
Address: |
333 South Grand Avenue, 90071, Los Angeles |
Country: |
United States of America |
Internet: |
www.payden.com/
|