NN (L) Absolute Return Bond (X Cap)

21/03/2019
256,37
Investment Scope

The fund objective is to achieve a target return above the 1 month EURIBOR interest rate (this is the rate at which participant banks within the European Union money market will lend to another participant bank in the EU money market) by selecting the best ideas from our fixed income investment teams. The ideas with the best risk and return expectations within the global fixed income universe are selected to produce a well diversified portfolio. We invest in all types of fixed income instruments, money market instruments, currencies and other instruments. The fund mainly invests in government bonds, corporate bonds of high and low quality, emerging market debt and asset backed securities (a security whose value and income payments are derived from and collateralized (or "backed") by a specified pool of underlying assets). In order to control the risk in the fund, we apply strict risk monitoring measures.

 

Bloomberg Link

Performance NET
Calendar Year Performance
Cumulative Performance (ΝΕΤ %)
EUR1y2y3y5y
Fund-1,721084-1,247562-0,104255-0,6130477
Share Classs Benchmark-0,373843-0,3749279-0,37131080

Ημερομηνία Αναφοράς 28.02.2019
Practical Info
ISIN Code:
LU0809670986
Currency:
EUR
Unit Class:
X CAP
Asset Class:
Fixed Income
Region:
Global