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 money market instruments, bank deposits or government bonds having an Investment Grade Credit Rating denominated in Euro.
Benchmark
Markit iBoxx EUR Covered Bond Index
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

-2.01 %

1 Year rank in sector

32/34

Sector

FO Fixed Int - EUR Short/ Medium Maturity

Yield
-
Fund size

£ 104.6 m

FE Risk score

73

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Spain
    29.38%
  • Others
    23.2%
  • UK
    9.39%
  • Italy
    9.21%
  • Australia
    9.18%
  • Mortgage & Secured Bonds
    86.5%
  • Financials
    3.45%
  • Government Guaranteed
    3.44%
  • Government Agency Bonds
    2.13%
  • Money Market
    1.61%
  • Spanish Fixed Interest
    29.38%
  • Global Fixed Interest
    23.2%
  • UK Fixed Interest
    9.39%
  • Italian Fixed Interest
    9.21%
  • Australian Fixed Interest
    9.18%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.66 %-0.22 %-1.98 %4.07 %19.78 %
Sector-0.22 %0.04 %-0.24 %2.37 %7.67 %
Rank within sector31 / 3526 / 3432 / 344 / 321 / 25
Quartile th4 th4 th4 th1 st1 st

Calendar performance

YTD-20172016201520142013
Fund-0.44 %1.98 %-0.33 %7.71 %3.81 %
Sector-0.14 %1.15 %0.21 %3.37 %0.95 %
Rank within sector25 / 345 / 3426 / 332 / 271 / 25
Quartile th3 rd1 st4 th1 st1 st

Risk statistics

Alpha0.26
Beta1.51
Sharpe-0
Volatility2.07
Tracking error1.46
Information ratio0.45
R-Squared0.57

Price movement

52 week high127.404
52 week low123.98
Current bid price0
Current offer price0
Current mid price124.122

Holdings by region

  • 29.38% Spain
  • 23.2% Others
  • 9.39% UK
  • 9.21% Italy
  • 9.18% Australia
  • 6.55% France
  • 4.15% Ireland
  • 3.82% Denmark
  • 3.53% Austria
  • 1.61% Money Market

Holdings by sector

  • 86.5% Mortgage & Secured Bonds
  • 3.45% Financials
  • 3.44% Government Guaranteed
  • 2.13% Government Agency Bonds
  • 1.61% Money Market
  • 1.44% Fixed Interest
  • 1.43% Government Bonds

Holdings by asset type

  • 29.38% Spanish Fixed Interest
  • 23.2% Global Fixed Interest
  • 9.39% UK Fixed Interest
  • 9.21% Italian Fixed Interest
  • 9.18% Australian Fixed Interest
  • 6.55% French Fixed Interest
  • 4.15% Irish Fixed Interest
  • 3.82% Danish Fixed Interest
  • 3.53% Austrian Fixed Interest
  • 1.61% Money Market

Individual holdings

  • 2.48% DEFICIT DEL SISTEMA ELECTRICO FTA 3.875% 17-MAR-2018
  • 2.38% LLOYDS BANK PLC 0.625% 14-SEP-2022
  • 2.12% CEDULAS TDA 6 3.875% BDS 23/05/25 EUR100000
  • 2.09% AYT CEDULAS CAJAS GLOBAL 4% BDS 24/03/21 EUR100000
  • 1.97% CAJAMAR CAJA RURAL SCC 1.25% 26-JAN-2022
  • 1.88% 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`
  • 1.66% BARCLAYS BANK PLC 4.25% 02-MAR-2022
  • 1.64% NATIONAL AUSTRALIA BANK 2.25% MTN 06/06/25 EUR100000