Fact sheet: GIS Euro Short Term Bond

Fund information

Fund name
GIS Euro Short Term Bond DX
Fund company manager
Generali Investment SICAV
Fund type
SIB
Fund manager(s)
Mauro Valle
since 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 capitalization index capital 5 day
Investment style
None
Investment method
None

Quick stats

1 Year return

0.08 %

1 Year rank in sector

6/52

Sector

FO Currency - Euro

Yield
-
Fund size

£ 604.9 m

FE Risk score

82

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Italy
    78.13%
  • Portugal
    18.21%
  • Money Market
    3.66%
  • Government Bonds
    96.34%
  • Money Market
    3.66%
  • Money Market
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.05 %-0.13 %0.08 %0.53 %3.03 %
Sector-0.09 %-0.52 %-1.04 %-1.46 %-1.36 %
Rank within sector45 / 5315 / 536 / 525 / 482 / 43
Quartile th4 th2 nd1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund-0.12 %0.02 %0.53 %1.12 %1.24 %
Sector-1.01 %-0.4 %-0.07 %0.15 %0.02 %
Rank within sector14 / 5210 / 503 / 464 / 462 / 43
Quartile th2 nd1 st1 st1 st1 st

Risk statistics

Alpha0.67
Beta1.06
Sharpe-0
Volatility0.57
Tracking error0.54
Information ratio1.18
R-Squared0.1

Price movement

52 week high122.935
52 week low122.264
Current bid price0
Current offer price0
Current mid price122.676

Holdings by region

  • 78.13% Italy
  • 18.21% Portugal
  • 3.66% Money Market

Holdings by sector

  • 96.34% Government Bonds
  • 3.66% Money Market

Holdings by asset type

  • 100% Money Market

Individual holdings

  • 11.23% ITALY(REPUBLIC OF) 2.35% BDS 15/09/19 EUR1000
  • 9.11% PORTUGUESE OT`S 4.75% BDS 14/06/19 EUR0.01
  • 9.1% PORTUGAL(REPUBLIC OF) 4.80% BDS 15/06/20 EUR0.01
  • 7.07% GOVERNMENT OF ITALY 1.65% 23-APR-2020
  • 5.43% ITALY(REPUBLIC OF) 2.5% NTS 01/05/19 EUR1000
  • 5.41% ITALY(REPUBLIC OF) 1.5% BDS 01/08/19 EUR1000
  • 5.25% ITALY BTP 2.500 01/05/19
  • 5.16% ITALY 1.5% 01.08.2019
  • 5.04% ITALY 0.35% 15/06/20
  • 5.01% ITALY(REPUBLIC OF) 0.1% TREAS BDS 15/04/19 EUR1000