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NN (L) Euro Sustainable Credit (Excluding Financials) P1 sustainable

1 237,40 EUR

NAV 16/10/2019

-0,07 EUR (-0,01%)

Evolution compared to the last NAV
Funds'name

NN (L)

Type

Sustainable/Ethical

Rating 3
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Minimum buy value

no minimum for KEYPLAN

Minimum sell value

no minimum for KEYPLAN

Cap/Dist

Distribution

Regional split

Sectorial split

Major holdings

DEUTSCHE TELEKOM INT FIN MTN RegS 0.875% 2024-01-3 2,17%
GAS NATURAL FENOSA FINAN MTN RegS 0.875% 2025-05-1 1,65%
BRISA CONCESSAO RODOV SA MTN RegS 2.375% 2027-05-1 1,63%
AUTOLIV INC RegS 0.750% 2023-06-26 1,49%
APTIV PLC 1.500% 2025-03-10 1,47%
GIVAUDAN SA RegS 2.000% 2030-09-17 1,46%
ANHEUSER-BUSCH INBEV SA/ MTN RegS 1.150% 2027-01-2 1,44%
TAKEDA PHARMACEUTICAL RegS 2.250% 2026-11-21 1,30%
INNOGY FINANCE II BV MTN RegS 5.750% 2033-02-14 1,23%
PARKER-HANNIFIN CORP RegS 1.125% 2025-03-01 1,20%

Factsheet

Isin LU0577843260
Name NN (L) Euro Sustainable Credit (Excluding Financials) P
Total Assets 0 million
Fund type Bond fund
Ongoing charges 0,85%
Distribution fee 0,325% on the amount of the position
Fund manager Roel Jansen
Fund manager since 30/12/2011
Legal type and nationality Investment company according to Luxembourg law
Financial Service ING Belgium
Frequency Listing daily
Investment Horizon 1 year
Investment Category Bonds Euro (without term) : Euro
European Passport Yes
Quote Currency EUR
Publication NV www.beama.be
Duration undetermined

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.

Risk

Credit risk

Liquidity risk

SRRI risk indicator 2

Lower risk
Higher risk
 
Potentially lower return
Potentially higher return
 
 
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  • 7
 

 

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)

Tariff structure

Stock exchange tax at redemption not applicable
Withholding tax 30%
Capital Gains Tax not applicable *
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 policy

Th e fund primarily invests in a diversified portfolio of corporate bonds (excluding financials) of high quality denominated in Euro (with a rating of AAA to BBB-). The fund may invest a limited percentage in financials and in corporate bonds with a higher risk and therefore with a higher yield (with a quality rating lower than BBB-). To determine our eligible sustainable universe, companies are screened using exclusionary screening. Companies with serious and structural issues concerning controversial behavior are excluded. Measured over a period of several years we aim to beat the performance of the benchmark Bloomberg Barclays Euro Aggregate Corporate ex Financials. We actively manage the fund with a focus on company selection. We combine our analysis on specific issuers of corporate bonds with a broader market analysis to construct the optimal portfolio. We aim to exploit differences in bond valuations of companies within a sector and differences in valuations between sectors and different quality segments (ratings). As issuer specific risk is an important driver of performance, we subject all issuers in the investable universe to an in-depth analysis of business and financial risk. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund aims at providing you with a regular dividend.

The investment policy of the fund is extracted from the KIID

If you have a complaint, please contact our Legal Department: legal@keytradebank.be

If the complaint is not handled to your full satisfaction, you may submit it to the Mediation Service Banks Credit Investments: www.ombudsfin.be - ombudsman@ombudsfin.be

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.