XAIA Credit Basis II

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.

978.38
Month high
977.69
Month low
978.16
XCBII
XAIA Credit Basis II
  • As of 19.11.2019
    ISINLU0462885301
    WKNA0YDMY
    CurrencyEUR
    NAV978.16
    Offering Price978.16
    Redemption price978.16
    Change from previous day-0.05 EUR / -0.01 %
    Fund volume (Mio. EUR)515.56
  • Performance cumulated annual
    1 month 0.00 % n. a.
    6 months +0.25 % n. a.
    Year to date +2.16 % n. a.
    1 year +1.71 % +1.71 %
    3 years +1.67 % +0.55 %
    Since launch +24.26 % +2.23 %
  • Risk measures
    Risk class 1 2 3 4 5 6 7
    Volatility (p. a.) 0.86 %
  • Correlations
    EuroStoxx50 TR-Index -0.03
    iBoxx Crp TR-Index +0.06
    iBoxx Sov TR-Index +0.01

Performance

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