Edmond de Rothschild Fund Bond Allocation A1
-0,19 EUR (-0,08%)
Evolution compared to the last NAV
Major holdings 30/09/2020
|Name||Edmond de Rothschild Fund Bond Allocation A|
|Total Assets||716 million|
|Fund type||Bond fund|
|Distribution fee||0,4% on the amount of the position|
|Fund manager||Julien TISSERAND|
|Fund manager since||17/11/2016|
|Legal type and nationality||Investment company according to Luxembourg law|
|Financial Service||CACEIS Belgium S.A.|
|Investment Horizon||3 years|
|Investment Category||Bonds Euro (without term) : Euro|
Registration and reception of the requests of issue/redemption/change of sub-fund
Each subscription/redemption request of shares/units of the fund can be introduced and registered through our Transaction Site. On each working day, Keytrade Bank centralizes all these requests placed from 11h30 (Belgian time) of the previous day (D-1) or the previous working day until 11h30 of D-day and sends them immediately to its correspondent who on his turn sends them for execution at 13h. The order introduced and registered before 11h30 via our Transaction Site will be executed at the Net Asset Value (NAV) of the same day (D), of the following day (D+1), the next following day (D+2) or weekly (until D+7), depending on the conditions for the subscription and the redemption of shares/ units (especially the cut-off time) mentioned in the prospectus.
If the order is placed and registered after 11h30, the order will be sent for execution the following working day.
Requests for changes of sub-fund are not possible at Keytrade Bank.
SRRI risk indicator 2
2 The synthetic risk indicator gives an indication of the risk associated with investing in a fund. The scale goes from 1 (weakest risk, associated with a lower potential return) to 7 (highest risk, associated with a higher potential return). The lowest category does not indicate that the investment is risk free. The indicator is based on historical data and may possibly not be a reliable indication of the future risk profile of the fund. The type of risk is not a guarantee and may change over time. (you can find more information here)
|Stock exchange tax at redemption||1,32%, max 4000€|
|Withholding tax||not applicable|
|Capital Gains Tax||30% *|
|Entry fees||0 EUR|
|Exit fees||0 EUR **|
It is possible this fund applies Swing Pricing. For more information, please read the prospectus.
For other, non-current costs that might be paid by the investor, we refer to the prospectus
The taxes that are mentioned apply to an average non-professional client-natural person, Belgian resident.
* 30% withholding tax on the realised gains on the fixed income part of the fund if the fund contains more than 10% of fixed income products
** If you transfer a fund/the funds of your Keyplan to your trading account before the end of the fifth year, you will have to pay fees of € 9.95 (per transferred fund).
Investment objective: The Sub-Fund's objective is to offer an annualised performance exceeding the Index composed of 50% of the Bloomberg BarclaysEuro Aggregate Corporate Total Return Index and 50% of the Bloomberg Barclays Euro Aggregate Treasury Total Return Index over the investment period.The sub-fund is actively managed. Benchmark index: 50% Bloomberg Barclays Euro-Aggregate Corporate (EUR) + 50% Bloomberg Barclays Euro-Aggregate Treasury (EUR) The Sub-Fund is actively managed and is not designed to track the Index. Therefore, the composition of the portfolio holdings is not constrained by the composition of the Index and the deviation of portfolio holdings from the Index may be significant. Investment policy: The investment approach of the Sub-Fund combines both top-down and bottom-up factors. As such the Sub-Fund benefits from the complementary skills of the Investment Manager, combining relevant macroeconomic analysis with specific bond picking skills in each fixed income market segment. The Sub-Fund may invest up to 110% of its net assets in debt securities and Money Market Instruments of any kind, from all geographical areas. The cumulative exposure to non-investment grade debt securities (high yield securities) with a credit rating below BBB- (Standard and Poor?s or an equivalent rating assigned by another independent agency, or a deemed equivalent internal rating attributed by the Investment Manager for non-rated securities) and to debt securities issued by public or private entities located in Emerging Countries will not exceed 70% of the Sub-Fund?s net assets. However, the cumulative exposure to non-investment grade corporate bonds and emerging markets debt securities will not exceed 50% of the Sub-Fund?s net assets.The Sub-Fund may also invest in Distressed Securities up to 5% of its net assets. High yield securities are speculative and present a higher risk of default than investment grade bonds. The remainder of the Sub-Fund?s portfolio will be invested in debt securities with a minimum long-term rating of BBB- or a short-term rating of A-3 (Standard and Poor's or an equivalent rating assigned by another independent agency, or a deemed equivalent internal rating attributed by the Investment Manager for non-rated securities). Subject to a limit of 10%, the Sub-Fund may be exposed to equity markets through its potential exposure to Convertible Bonds and in exceptional cases resulting from the restructuring of securities held in the portfolio. In case of conversion or restructuring, the Sub-Fund may temporarily hold equities up to 10% of its net assets which would be sold off as soon as possible in the best interest of shareholders. Up to 20% of the Sub-Fund?s net assets may be invested in Contingent Convertible Bonds.The Sub-Fund may hold up to 100% of its net assets in securities issued in currencies other than the euro. The currency risk resulting from these investments will be systematically hedged. Nevertheless, a residual exposure may remain. The Sub-Fund?s Modified Duration may vary from -2 to 8. The Sub-Fund may use financial derivative instruments to achieve its investment objective. Such instruments may also be used for the purpose of hedging. These instruments may include, but are not limited to: Futures options - Credit options, Interest rate options - Currency options, Forward rate agreements - Currency swaps, Interest rate futures - Inflation swaps, Interest rates swaps, Currency forward, Single-name Credit Default Swap, Swaptions - Index Credit Default Swap, Bond ETF options, Total Return Swaps, Bond futures. Strategies that will be implemented through the use of financial derivative instruments: General hedging of certain risks (interest rate, credit, currency), Exposure to interest rate and credit, Reconstitution of a synthetic exposure to assets and risks (interest rate, credit), Increase in exposure to the market, Duration positioning: active
The investment policy of the fund is extracted from the KIID
1 Fund means «Undertaking for collective Investment». Undertaking for collective Investment is a general term used for different undertakings collecting money from the public and whose activity consists in managing an investment portfolio. The fund notion contains as well collective investment schemes in the form of an investment company (such as the Sicav or Sicafi) as the contractual funds (such as the Mutual Fund) and their sub-funds.
3 When you would like to have more information on the diamond rating of VWD, please click here.