XAIA Credit Basis II

Performance in %
2010-01-11 -
0.00 %

> Distributing share class
> Reinvesting share class
0.00 XAIA Credit Basis II
95.60 Month high
95.60 Month low
As of 2020-12-01
ISIN LU0462885483
WKN A0YDMZ
Currency EUR
NAV 95.60
Offering Price 97.99
Redemption price 95.60
Change from previous day -0.02 EUR / -0.02 %
Fund volume (Mio. EUR) 857.89
Performance cumulated annual
1 month +0.09 % n.a.
6 months +1.72 % n.a.
Year to date +0.41 % n.a.
1 year +0.78 % +0.78 %
3 years +1.10 % +0.36 %
Since launch +19.36 % +1.64 %
Risk measures
Risk class 1234567
Volatility (p.a.) 0.88 %
Correlations
EuroStoxx50 TR-Index -0.02
iBoxx Crp TR-Index +0.08
iBoxx Sov TR-Index +0.01

Investment strategy

XAIA Credit Basis II will profit from market discrepancies between cash instruments and the price for protection against default (so called »basis«). The investment universe consists of government bonds, corporate bonds, convertibles, tradable loans, ABS and structured 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 2010-01-11 2013-09-02
Front load
Minimum initial investment EUR 0,00
Unit value calculation On every banking day in Frankfurt and Luxembourg
Management fee 1.30 % p.a.
Performance fee 15.00 % , subject to a hurdle rate of 3 Month Euribor + 2.00 % p.a.
TER (Total Expense Ratio; excl. performance fee) 1.48 % p.a.
(2019-01-01 until 2019-12-31)
0.90 % p.a.
(2019-01-01 until 2019-12-31)
TER (Total Expense Ratio; incl. performance fee) 1.48 % p.a.
(2019-01-01 until 2019-12-31)
0.90 % p.a.
(2019-01-01 until 2019-12-31)
Redemption fee until 2011-03-30: 1.00 %
from 2011-03-31: 0.50 %
from 2012-03-31: 0.25 %
from 2013-03-31: 0.00 %
Public distribution in Germany, Austria, Luxembourg
As of 2020-12-01 Distributing Reinvesting
ISIN LU0462885483 LU0946790796
WKN A0YDMZ A1W1Q4
Currency EUR
Offering price 97.99 1,076.96
Redemption price 95.60 1,076.96
Change from previous day -0.02 EUR / -0.02 % -0.14 EUR / -0.01 %
Fund volume (Mio. EUR) 857.89
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) 1.50 -
TID - Taxable Income at Distribution (EUR) 1.50 -

DOWNLOADS

Latest information

> Re-Opening for new investments (24.03.2020)

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

> Investor notification (28.11.2012) [in German only]

 

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