GIS Euro Long Average Duration Fund

ISIN: IE00B0MQV914

Updated 19 July 2019

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  • DAILY NAV (EUR)
    28.98
  • DAILY YTD RETURN
    14.91%
  • TOTAL NET ASSETS (EUR)
    291 MM
    (as of 30/06/2019)
  • TOTAL NET ASSETS (EUR)
    291 MM
    (as of 30/06/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    21/04/2006
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    21/04/2006

Objective

The investment objective of the Euro Long Average Duration Fund is to seek to maximise total return, consistent with preservation of capital and prudent investment management.

Overview

Fund Description

The Euro Long Average Duration Fund invests at least twothirds of its assets in euro-denominated, fixed-income securities. The portfolio normally maintains duration within two years of the 15-year-plus benchmark, and may invest up to 10% of its assets in non-investment grade securities. Currency exposure is limited to 10% of the fund’s assets

Investor Benefits

This fund is actively managed to maximise total return while maintaining risk consistent with the benchmark. Long duration aids in liability matching.

The Fund Advantage

The fund has a diversified approach, employs multiple concurrent strategies and uses an extensive global opportunity set beyond vanilla securities.

PRIMARY BENCHMARK

Bloomberg Barclays Euro Government (Germany, France, Netherlands) over 15 years Index

PRIMARY BENCHMARK DESCRIPTION

Bloomberg Barclays Euro Government (Germany, France, Netherlands) over 15 years Index represents the Germany, France and Netherlands Government exposure with maturity over 15 years component of the Bloomberg Barclays Euro-Aggregate Index consists of bonds issued in the euro or the legacy currencies of the 17 sovereign countries participating in the European Monetary Union (EMU). All issues must be investment grade rated, fixed-rate securities with at least one year remaining to maturity. The Euro-Aggregate Index excludes convertible securities, floating rate notes, perpetual notes, warrants, linked bonds, and structured products. German Schuldscheine (quasi-loan securities) are also excluded because of their trading restrictions and unlisted status, which results in illiquidity. The country of issue is not an index criterion, and securities of issuers from outside the Eurozone are included if they meet the index criteria.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

21/04/2006

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B0MQV914

TICKER

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SEDOL

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SHARE CLASS CURRENCY