Fact sheet: GIS Euro Short Term Bond

Fund information
Fund name
GIS Euro Short Term Bond DX
Fund manager company
Generali Investment SICAV
Fund type
Offshore Fund
Fund manager
  • Mauro Vallesince 02/04/2002
Fund objective
The objective of the Fund is to outperform its Benchmark investing in quality short term debt securities denominated in Euro. The Fund shall essentially invest in debt securities and money market instruments denominated in Euro. The Fund shall mainly invest in money market instruments, floating rate notes and fixed income securities having Investment Grade Credit Rating. Investment Grade Credit Rating is credit rating from AAA to BBB- for Standard & Poors or from Aaa to Baa3 for Moody's or from AAA to BBB for Fitch or an equivalent credit rating by a recognised credit rating agency or as deemed by the Investment Manager. The average maturity of the Fund's portfolio shall not exceed one year and the residual maturity of each investment may not exceed three years. The maximum unhedged non-euro currency exposure cannot exceed 20% of the net assets of the Fund. The Fund may use financial instruments and derivatives for hedging purposes, for efficient portfolio management purposes and for investment purposes.
Benchmark
  • EONIA
Investment style
None
Investment method
None
Quick stats
1 Year return
0%
1 Year rank in sector
13/57
Sector
FO Currency - Euro
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.42%
Fund size
£731m (£602m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
61
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.4%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
DB Platinum IV Dync Csh0.8%
Petercam L Liq EUR&FRN0.8%
Amundi 12 M0.7%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.2%0%0%2.1%6.5%
Sector-0.1%-0.2%-0.2%-0.2%-0.1%0.3%
Rank within sector44 / 597 / 5814 / 5813 / 575 / 544 / 43
Quartile3rd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-0.1%0.5%1.1%1.2%2.8%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector19 / 583 / 545 / 534 / 503 / 45
Quartile2nd1st1st1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.73
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.73
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
0.55
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.54
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.34
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.02
Price movement
52 week high122.92
52 week low122.35
Current bid price-
Current offer price-
Current mid price122.72
Region
1Italy70.42%
2Portugal16.38%
3Spain9.9%
4Money Market3.3%
Industry sector
1Government Bonds96.7%
2Money Market3.3%
Asset type
1Money Market100%
Individual holdings
1GOVERNMENT OF ITALY 1.7% 15-SEP-20188.85%
2ITALY(REPUBLIC OF) 0% BDS 01/11/18 EUR0.018.57%
3ITALY(REPUBLIC OF) FRN 15/04/18 EUR10008.37%
4PORTUGUESE OT`S 4.35% BDS 16/10/17 EUR10007.43%
5PORTUGAL(REPUBLIC OF) 4.45% BDS 15/06/18 EUR0.016.66%
6ITALY(REPUBLIC OF) 2.15% NTS 12/11/17 EUR10005.67%
7GOVERNMENT OF ITALY FRN 15-JUN-20175.62%
8ITALY(REPUBLIC OF) 2.25% NTS 22/04/17 EUR10005.62%
9ITALY(REPUBLIC OF) 4.75% BDS 01/06/17 EUR10005.17%
Management
Fund manager group
No data available.
Fund manager company
Generali Investment SICAV
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to outperform its Benchmark investing in quality short term debt securities denominated in Euro. The Fund shall essentially invest in debt securities and money market instruments denominated in Euro. The Fund shall mainly invest in money market instruments, floating rate notes and fixed income securities having Investment Grade Credit Rating. Investment Grade Credit Rating is credit rating from AAA to BBB- for Standard & Poors or from Aaa to Baa3 for Moody's or from AAA to BBB for Fitch or an equivalent credit rating by a recognised credit rating agency or as deemed by the Investment Manager. The average maturity of the Fund's portfolio shall not exceed one year and the residual maturity of each investment may not exceed three years. The maximum unhedged non-euro currency exposure cannot exceed 20% of the net assets of the Fund. The Fund may use financial instruments and derivatives for hedging purposes, for efficient portfolio management purposes and for investment purposes.
Benchmark
  • EONIA
Investment style
None
Investment method
None
Fund manager
NameSinceBiography
Mauro Valle02/04/2002
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, United Kingdom, Luxembourg, Netherlands, Offshore
GIS Euro Short Term Bond AX
Initial charge5%
Annual charge0.05%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price135.783
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG409
GIS Euro Short Term Bond BX
Initial charge5%
Annual charge0.15%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price133.44
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG410
GIS Euro Short Term Bond CX
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.286
CurrencyEUR
Price updated08/06/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT1I
GIS Euro Short Term Bond DX
Initial charge5%
Annual charge0.3%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.42%
Total expense ratio (TER)0.42%
Bid price-
Offer price-
Mid price122.715
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG411
GIS Euro Short Term Bond DY
Initial charge5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.127
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFV5T
GIS Euro Short Term Bond EX
Initial charge5%
Annual charge0.5%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price119.444
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG412
Data provided by

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