Fact sheet: GIS Euro Covered Bd

Fund information

Fund name
GIS Euro Covered Bond DX
Fund company manager
Generali Investment SICAV
Fund type
SIB
Fund objective
The objective of the Fund is to outperform its Benchmark investing in quality covered bonds denominated in Euro. The Fund shall essentially invest in Euro denominated covered bonds with an Investment Grade Credit Rating. On an ancillary basis, the Fund may invest in Euro denominated investment grade corporate bonds, government bonds, Money Market Instruments and bank deposits.
Benchmark
Markit iBoxx EUR Covered Bond Index
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

-2.02 %

1 Year rank in sector

35/36

Sector

FO Fixed Int - EUR Short/ Medium Maturity

Yield
-
Fund size

£ 104.8 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Spain
    25.25%
  • Others
    24.76%
  • Money Market
    9.54%
  • UK
    9.08%
  • Australia
    8.87%
  • Mortgage & Secured Bonds
    86.15%
  • Money Market
    4.89%
  • Financials
    4.38%
  • Government Agency Bonds
    2.17%
  • Fixed Interest
    1.44%
  • Spanish Fixed Interest
    25.25%
  • Global Fixed Interest
    24.76%
  • Money Market
    9.54%
  • UK Fixed Interest
    9.08%
  • Australian Fixed Interest
    8.87%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.1 %0.18 %-2.02 %2.92 %17.31 %
Sector-0.05 %0.32 %-0.28 %1.95 %7.02 %
Rank within sector24 / 3721 / 3635 / 367 / 341 / 26
Quartile th3 rd3 rd4 th1 st1 st

Calendar performance

YTD-20172016201520142013
Fund-0.17 %1.98 %-0.33 %7.71 %3.81 %
Sector-0.02 %1.15 %0.21 %3.37 %0.95 %
Rank within sector25 / 366 / 3527 / 342 / 281 / 26
Quartile th3 rd1 st4 th1 st1 st

Risk statistics

Alpha0.24
Beta1.51
Sharpe-0
Volatility2.04
Tracking error1.49
Information ratio0.37
R-Squared0.53

Price movement

52 week high127.303
52 week low123.98
Current bid price0
Current offer price0
Current mid price124.462

Holdings by region

  • 25.25% Spain
  • 24.76% Others
  • 9.54% Money Market
  • 9.08% UK
  • 8.87% Australia
  • 8.46% France
  • 6.31% Italy
  • 4.03% Ireland
  • 3.7% Denmark

Holdings by sector

  • 86.15% Mortgage & Secured Bonds
  • 4.89% Money Market
  • 4.38% Financials
  • 2.17% Government Agency Bonds
  • 1.44% Fixed Interest
  • 0.97% Government Guaranteed

Holdings by asset type

  • 25.25% Spanish Fixed Interest
  • 24.76% Global Fixed Interest
  • 9.54% Money Market
  • 9.08% UK Fixed Interest
  • 8.87% Australian Fixed Interest
  • 8.46% French Fixed Interest
  • 6.31% Italian Fixed Interest
  • 4.03% Irish Fixed Interest
  • 3.7% Danish Fixed Interest

Individual holdings

  • 2.39% LLOYDS BANK PLC 0.625% 14-SEP-2022
  • 2.13% CEDULAS TDA 6 3.875% BDS 23/05/25 EUR100000
  • 2.1% AYT CEDULAS CAJAS GLOBAL 4% BDS 24/03/21 EUR100000
  • 1.98% CAJAMAR CAJA RURAL SCC 1.25% 26-JAN-2022
  • 1.89% AXA BANK EUROPE SCF SA 1.25% 26-JAN-2032
  • 1.78% NYKREDIT REALKREDIT AS 1.75% BDS 28/01/19 EUR100000
  • 1.77% PROGRAMA CEDULAS TDA 4.125% BDS 10/04/21 EUR100000 `A4`
  • 1.67% BARCLAYS BANK PLC 4.25% 02-MAR-2022
  • 1.64% AUSTRALIA (COMMONWEALTH BANK OF) 3% CVD BDS 03/05/22 EUR100000
  • 1.62% NATIONAL AUSTRALIA BANK 2.25% MTN 06/06/25 EUR100000