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

-2.16 %

1 Year rank in sector

34/35

Sector

FO Fixed Int - EUR Short/ Medium Maturity

Yield
-
Fund size

£ 104.3 m

FE Risk score

75

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Spain
    26.54%
  • Others
    25.07%
  • UK
    9.53%
  • Australia
    9.3%
  • France
    8.8%
  • Mortgage & Secured Bonds
    87.27%
  • Money Market
    4.68%
  • Financials
    3.47%
  • Government Agency Bonds
    2.16%
  • Fixed Interest
    1.44%
  • Spanish Fixed Interest
    26.54%
  • Global Fixed Interest
    25.07%
  • UK Fixed Interest
    9.53%
  • Australian Fixed Interest
    9.3%
  • French Fixed Interest
    8.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.22 %-0.05 %-2.16 %3.84 %19.31 %
Sector0.21 %0.19 %-0.26 %2.24 %7.45 %
Rank within sector11 / 3525 / 3534 / 354 / 341 / 26
Quartile th2 nd3 rd4 th1 st1 st

Calendar performance

YTD-20172016201520142013
Fund-0.22 %1.98 %-0.33 %7.71 %3.81 %
Sector0.03 %1.15 %0.21 %3.37 %0.95 %
Rank within sector25 / 355 / 3527 / 342 / 281 / 26
Quartile th3 rd1 st4 th1 st1 st

Risk statistics

Alpha0.14
Beta1.5
Sharpe-0
Volatility2.07
Tracking error1.48
Information ratio0.36
R-Squared0.55

Price movement

52 week high127.404
52 week low123.98
Current bid price0
Current offer price0
Current mid price124.394

Holdings by region

  • 26.54% Spain
  • 25.07% Others
  • 9.53% UK
  • 9.3% Australia
  • 8.8% France
  • 7.94% Italy
  • 4.68% Money Market
  • 4.24% Ireland
  • 3.9% Denmark

Holdings by sector

  • 87.27% Mortgage & Secured Bonds
  • 4.68% Money Market
  • 3.47% Financials
  • 2.16% Government Agency Bonds
  • 1.44% Fixed Interest
  • 0.98% Government Guaranteed

Holdings by asset type

  • 26.54% Spanish Fixed Interest
  • 25.07% Global Fixed Interest
  • 9.53% UK Fixed Interest
  • 9.3% Australian Fixed Interest
  • 8.8% French Fixed Interest
  • 7.94% Italian Fixed Interest
  • 4.68% Money Market
  • 4.24% Irish Fixed Interest
  • 3.9% Danish Fixed Interest

Individual holdings

  • 2.39% LLOYDS BANK PLC 0.625% 14-SEP-2022
  • 2.12% 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
  • 1.86% AXA BANK EUROPE SCF SA 1.25% 26-JAN-2032
  • 1.79% NYKREDIT REALKREDIT AS 1.75% BDS 28/01/19 EUR100000
  • 1.78% CEDULAS TDA FTA 4.125% 10-APR-2021
  • 1.67% BARCLAYS BANK PLC 4.25% 02-MAR-2022
  • 1.64% AUSTRALIA (COMMONWEALTH BANK OF) 3% CVD BDS 03/05/22 EUR100000
  • 1.61% NATIONAL AUSTRALIA BANK 2.25% MTN 06/06/25 EUR100000