IQAM ShortTerm EUR RT
AT0000817952
IQAM ShortTerm EUR RT/ AT0000817952 /
NAV04/10/2024 |
Var.-0.0600 |
Type of yield |
Focus sugli investimenti |
Società d'investimento |
105.3300EUR |
-0.06% |
reinvestment |
Money Market
Worldwide
|
IQAM Invest ▶ |
Investment strategy
The goal of the fund is to obtain higher rates of interest than on the money market for a short to medium-term investment horizon. To achieve this aim, the fund primarily invests in bonds and money market instruments which are issued or guaranteed by EEA member states or their units of government or are issued by supranational issuers. Corporate bonds and money market instruments are limited to 70 per cent of the fund assets. The maximum average duration (unit measuring the risk of price changes caused by interest rate fluctuations) is 1.25 years. It is principally true that the higher the duration, the higher the risk of price fluctuations caused by changes in interest rates. The average residual maturity of the portfolio is a maximum of 3 years, while the maximum residual maturity for an individual investment may not exceed 5 years. For variable interest investments, the residual maturity is calculated on the basis of the next due date for an adjustment of the interest rate.
Investments in financial instruments denominated in foreign currencies are not permissible. Derivatives are used exclusively for hedging purposes. Besides the Austrian Investment Fund Act and the fund regulations, the fund is also managed pursuant to § 25 of the Austrian Pension Fund Act, § 14 of the Austrian Income Tax Act and § 25 (10) of the Austrian Banking Act.
Investment goal
The goal of the fund is to obtain higher rates of interest than on the money market for a short to medium-term investment horizon. To achieve this aim, the fund primarily invests in bonds and money market instruments which are issued or guaranteed by EEA member states or their units of government or are issued by supranational issuers. Corporate bonds and money market instruments are limited to 70 per cent of the fund assets. The maximum average duration (unit measuring the risk of price changes caused by interest rate fluctuations) is 1.25 years. It is principally true that the higher the duration, the higher the risk of price fluctuations caused by changes in interest rates. The average residual maturity of the portfolio is a maximum of 3 years, while the maximum residual maturity for an individual investment may not exceed 5 years. For variable interest investments, the residual maturity is calculated on the basis of the next due date for an adjustment of the interest rate.
Dati master
Type of yield: |
reinvestment |
Fondi Categoria: |
Money Market |
Region: |
Worldwide |
Settore: |
Values associated w/ Money Market |
Benchmark: |
ICE BofAML Euro Government Bill Index |
Business year start: |
01/08 |
Ultima distribuzione: |
15/11/2022 |
Banca depositaria: |
State Street Bank International GmbH Filiale Wien |
Domicilio del fondo: |
Austria |
Permesso di distribuzione: |
Austria, Germany, Czech Republic |
Gestore del fondo: |
IQAM Invest GmbH, Isolde Lindorfer |
Volume del fondo: |
200.3 mill.
EUR
|
Data di lancio: |
05/10/1998 |
Investment focus: |
- |
Condizioni
Sovrapprezzo emissione: |
0.50% |
Tassa amministrativa massima: |
0.09% |
Investimento minimo: |
0.00 EUR |
Deposit fees: |
- |
Redemption charge: |
0.00% |
Prospetto semplificato: |
Download (Print version) |
Società d'investimento
Funds company: |
IQAM Invest |
Indirizzo: |
Franz-Josef-Straße 22, 5020, Salzburg |
Paese: |
Austria |
Internet: |
www.iqam.com
|
Attività
Money Market |
|
98.04% |
Cash |
|
1.96% |
Paesi
Italy |
|
13.94% |
Austria |
|
10.09% |
Germany |
|
8.52% |
United States of America |
|
4.79% |
Finland |
|
4.30% |
Romania |
|
3.99% |
Hungary |
|
3.60% |
Slovakia (Slovak Republic) |
|
2.82% |
Australia |
|
2.81% |
Jersey |
|
2.75% |
Supranational |
|
2.54% |
United Kingdom |
|
2.48% |
Netherlands |
|
2.47% |
France |
|
2.45% |
Canada |
|
2.36% |
Altri |
|
30.09% |