XAIA Credit Basis

Performance in %
2009-04-22 -
0.00 %

> Distributing share class
> Reinvesting share class
0.00 XAIA Credit Basis
1,036.01 Month high
1,036.01 Month low
As of 2020-12-01
ISIN LU0418282348
WKN A0RGZ8
Currency EUR
NAV 1,036.01
Offering Price 1,056.73
Redemption price 1,036.01
Change from previous day +0.06 EUR / +0.01 %
Fund volume (Mio. EUR) 333.39
Performance cumulated annual
1 month +0.12 % n.a.
6 months +1.64 % n.a.
Year to date +0.09 % n.a.
1 year +0.46 % +0.46 %
3 years +1.02 % +0.34 %
Since launch +39.17 % +2.89 %
Risk measures
Risk class 1234567
Volatility (p.a.) 1.00 %
Correlations
EuroStoxx50 TR-Index +0.01
iBoxx Crp TR-Index +0.09
iBoxx Sov TR-Index +0.01

Investment strategy

XAIA Credit Basis will profit from market discrepancies between bonds and the price for protection against default (so called >>basis<<). The investment universe consists of corporate and financial bonds. Credit, interest rate and currency risks inherent in these instruments are most widely eliminated using the corresponding hedging techniques. Through active management of the basis, the fund targets a return of 3 Month Euribor plus 3 to 3.5% p.a. net of fees.

FUND DATA

Master data Distributing Reinvesting
Fund type Mutual fund (UCITS IV)
Currency EUR
Fiscal year 01-01 until 12-31
Use of income Distribution Accumulation
Launch date 2009-04-22 2013-09-02
Front load
Minimum initial investment EUR 50.000,00
Unit value calculation On every banking day in Frankfurt and Luxembourg
Management fee 1.10 % p.a.
Performance fee None
TER (Total Expense Ratio; excl. performance fee) 1.52 % p.a.
(2019-01-01 until 2019-12-31)
0.71 % p.a.
(2019-01-01 until 2019-12-31)
TER (Total Expense Ratio; incl. performance fee) 1.52 % p.a.
(2019-01-01 until 2019-12-31)
0.71 % p.a.
(2019-01-01 until 2019-12-31)
Redemption fee until 2010-06-30: 1.00 %
from 2010-07-01: 0.50 %
from 2011-07-01: 0.25 %
from 2012-07-01: 0.00 %
Public distribution in Germany, Austria, Luxembourg
As of 2020-12-01 Distributing Reinvesting
ISIN LU0418282348 LU0946790523
WKN A0RGZ8 A1W1QP
Currency EUR
Offering price 1,056.73 1,124.92
Redemption price 1,036.01 1,124.92
Change from previous day +0.06 EUR / +0.01 % +0.08 EUR / +0.01 %
Fund volume (Mio. EUR) 333.39
Distributions Distributing Reinvesting
Income distribution as of 2019-12-13 -
Ex day 2019-12-16 -
Value day of distribution 2019-12-20 -
Amount of distribution (EUR) 21.00 -
TID - Taxable Income at Distribution (EUR) 21.00 -

DOWNLOADS

Latest information

> New non-dividend-paying share classes (20.08.2013)

> Investor notification (28.11.2012) [in German only]

> Issuance of shares suspended (17.08.2009)

 

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