XAIA Credit Curve Carry

Investment strategy

XAIA Credit Curve Carry targets to generate excess returns over 3 Month Euribor. The fund takes advantage of price differences among Credit Default Swaps (CDS) of different maturities referencing the same issuers or issuer groups. Credit risk of single issuers is almost entirely eliminated, interest rate and currency risks are widely eliminated using the corresponding hedging techniques.

1,032.12
Month high
1,026.85
Month low
1,032.12
XCCC
XAIA Credit Curve Carry
  • As of 19.11.2019
    ISINLU1174032117
    WKNA14MQY
    CurrencyEUR
    NAV1,032.12
    Offering Price1,032.12
    Redemption price1,026.96
    Change from previous day+0.38 EUR / +0.04 %
    Fund volume (Mio. EUR)75.65
  • Performance cumulated annual
    1 month +1.39 % n. a.
    6 months +2.43 % n. a.
    Year to date +5.20 % n. a.
    1 year +2.73 % +2.73 %
    3 years +7.92 % +2.57 %
    Since launch +13.01 % +2.87 %
  • Risk measures
    Risk class 1 2 3 4 5 6 7
    Volatility (p. a.) 3.05 %
  • Correlations
    EuroStoxx50 TR-Index +0.25
    iBoxx Crp TR-Index +0.19
    iBoxx Sov TR-Index -0.02

Performance

More Information