Strategy

The Fund aims to generate income and capital growth. The Fund invests primarily in the fixed income asset class, through the purchase of bonds, debentures and similar fixed and floating rate securities, including distressed securities, convertible bonds and bonds with warrants denominated in hard currencies.

Performance as per 19.11.2024

Performance as per 19.11.2024

1 MT. YTD SEIT LANC.
USD Funds 0.00% +5.25% +5.25%

Portfolio Structure (in %) as per 31.10.2024

8.947 YINSON BORONIA PRODUCTION 31.07.2042 2.1
7.5 BANCO DE CREDITO E INVERSIONES PERP 1.7
7.69 PEMEX 23.01.2050 1.6
8.375 MAGELLAN CAPITAL 08.07.2029 1.6
5.785 ECOPETROL 28.05.2045 1.5
5.375 ENFRAGEN ENERGIA SUR 30.12.2030 1.5
6.875 NOVA LJUBLJANSKA BANK 24.01.2034 1.5
4.3 STANDARD CHARTERED PERP 1.4
5.75 AFRICAN DEVELOPMENT BANK PERP 1.4
8.5 ENERGO PRO AS 04.02.2027 1.4
 

Basic Data as per 19.11.2024

Fund data
Portfolio Manager Patrik Kauffmann / Manuel Mondia
Portfolio Manager Location Baar, Zug
Registration AT, CH, DE, FR, LU
Fund domicile Luxembourg
Fund currency USD
Net asset value 105.25
Highest since launch 105.50
Lowest since launch 99.65
Fund volume in mln. 66.28 USD
Share class volume in mln. 30.74 USD
Management fee 1.20%
Launch date 24.06.2024
Launch price 100.00
End of fiscal year 31. December
ISIN LU2734732899
Valor 133065800

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Factsheet
Monthly Commentary October 2024
Monthly Commentary September 2024
PRIIP
Prospectus

Sustainable Finance Disclosure Regulation (SFDR)

The fund is an Article 8 fund. The Sub-Fund promotes environmental and/or social characteristics by having minimum requirements with regard to ESG rating and exclusion criteria for business activities. Investments that do not meet these requirements may not be purchased. Information about the environmental or social characteristics promoted by the sub-fund is available in Annex IV of the constituent documents. Sustainability risks are systematically included in the investment decision-making process to the extent that they represent an actual or potential material risk and/or opportunity to maximise risk-adequate returns over the long term. However, no single sustainability risk is expected to have a material adverse financial impact on the sub-fund’s return.