XAIA Credit Debt Capital
Performance in %2011-09-13 -
0.00 %
> Distributing share class
> Reinvesting share class
0.00
XAIA Credit Debt Capital
99.45 Month high
98.86 Month low
99.45 Month high
98.86 Month low
| As of 2022-06-30 | ||
| ISIN | LU0644385733 | |
| WKN | A1JCNN | |
| Currency | EUR | |
| NAV | 98.86 | |
| Offering Price | 101.83 | |
| Redemption price | 98.86 | |
| Change from previous day | -0.21 EUR / -0.21 % | |
| Fund volume (Mio. EUR) | 250.15 | |
| Performance | cumulated | annual |
| 1 month | -0.42 % | n.a. |
| 6 months | -0.78 % | n.a. |
| Year to date | -0.78 % | n.a. |
| 1 year | -1.33 % | -1.33 % |
| 3 years | +2.34 % | +0.77 % |
| Since launch | +19.44 % | +1.66 % |
| Risk measures | ||
| Risk class | 1234567 | |
| Volatility (p.a.) | 2.17 % | |
| Correlations | ||
| EuroStoxx50 TR-Index | -0.13 | |
| iBoxx Crp TR-Index | +0.08 | |
| iBoxx Sov TR-Index | -0.01 | |
Investment strategy
XAIA Credit Debt Capital targets a steady return of 3 Month Euribor plus 4 to 4.5% p.a. net of fees. The fund takes advantage of the dislocations in the bond and stock markets to generate a market neutral return. The investment universe consists of all instruments over a company's entire capital structure. Credit, interest rate and currency risks inherent in these instruments are almost entirely eliminated using the corresponding hedging techniques.
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 | 2011-09-13 | 2013-09-02 |
| Front load | ||
| Minimum initial investment | EUR 0,00 | |
| Unit value calculation | On every banking day in Frankfurt and Luxembourg | |
| Management fee | 1.00 % p.a. | |
| Performance fee | 20.00 % , subject to a hurdle rate of 3 Month Euribor | |
| TER (Total Expense Ratio; excl. performance fee) |
1.17
% p.a. (2020-01-01 until 2020-12-31) |
0.57
% p.a. (2020-01-01 until 2020-12-31) |
| TER (Total Expense Ratio; incl. performance fee) |
1.89
% p.a. (2020-01-01 until 2020-12-31) |
1.42
% p.a. (2020-01-01 until 2020-12-31) |
| Redemption fee |
until 2012-09-29:
1.00
% from 2012-09-30: 0.50 % from 2013-09-30: 0.25 % from 2014-09-30: 0.00 % |
|
| Public distribution in | Germany, Austria, Luxembourg | |
| As of 2022-06-30 | Distributing | Reinvesting |
| ISIN | LU0644385733 | LU0946790952 |
| WKN | A1JCNN | A1W1LZ |
| Currency | EUR | |
| Offering price | 101.83 | 1,140.16 |
| Redemption price | 98.86 | 1,140.16 |
| Change from previous day | -0.21 EUR / -0.21 % | -2.41 EUR / -0.21 % |
| Fund volume (Mio. EUR) | 250.15 | |
| Distributions | Distributing | Reinvesting |
| Income distribution as of | 2021-12-13 | - |
| Ex day | 2021-12-14 | - |
| Value day of distribution | 2021-12-17 | - |
| Amount of distribution (EUR) | 0.50 | - |
| TID - Taxable Income at Distribution (EUR) | 0.50 | - |
Latest information
> Issuance of shares suspended (13.01.2021)
> 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]