GIS Euro Short-Term Fund

ISIN: IE00B0XJBQ64

Updated 19 July 2019

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  • DAILY NAV (EUR)
    12.08
  • DAILY YTD RETURN
    0.25%
  • TOTAL NET ASSETS (EUR)
    712 MM
    (as of 30/06/2019)
  • TOTAL NET ASSETS (EUR)
    712 MM
    (as of 30/06/2019)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/01/2006
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    31/01/2006

Objective

The investment objective of the Euro Short-Term Fund is to seek maximum current income consistent with the preservation of capital and daily liquidity.

Overview

Fund Description

The Euro Short-Term Fund employs a multi-strategy fixedincome approach to enhanced cash returns. The fund invests at least two-thirds of its assets in a diverse portfolio of eurodenominated, investment grade fixed-income securities, has an average portfolio duration of one and a half years or less, and may hold up to 10% in high yield and emerging markets.

Investor Benefits

The fund focuses on preserving capital and minimizing downside risk, while targeting consistent excess returns over cash.

The Fund Advantage

This fund operates within a rigorous risk management framework while employing active strategies, which provides potential for stable enhanced returns over cash.

PRIMARY BENCHMARK

1 Month Euribor Rate Index

PRIMARY BENCHMARK DESCRIPTION

Euribor(Euro Interbank Offered Rate) is the benchmark rate of the large euro money market. It is sponsored by the European Banking Federation, which represents 2,800 banks in the fifteen Member States of the European Union and the EMU division o