Berenberg Euro Government Bond Selection (R)
The fund invests in European government bonds, based on an assessment of the underlying economic conditions, the state of the capital markets and any relevant developments in the equity markets.
The fund invests in European government bonds, based on an assessment of the underlying economic conditions, the state of the capital markets and any relevant developments in the equity markets. The core of the portfolio consists of actively selected government bonds from Euro zone countries, selected using a rule-based investment approach. All bonds are rated investment grade. The investment process is based on a strategic asset allocation to determine the quota of German bonds and then fundamental analysis to allocate the remaining share amongst EEA countries. The investment approach is complemented by continuous risk management and monitoring of the country specific (i.e. idiosyncratic) risks.
The fund’s investments comply with §§ 80,83 SGB IV. The fund currency is Euro.
This information is not directed at US individuals and only to clients domiciled in those countries where this fund is admitted to public distribution.
|WKN / ISIN||A1CZUD / DE000A1CZUD1|
|Inception Date||28. June 2010|
|Investment Company||Universal-Investment-Gesellschaft mbH|
|Custodian Bank||State Street Bank International GmbH|
|Financial Year End||31. Dec|
|Appropriation of Net Income||distributing|
|Fund Manager||Daniel Fuchs|
The graph “Performance after expenses” takes into account expenses typically incurred by the investor when buying and holding an investment. Within a model calculation, a one-time load of 1 % has been assumed. Fees may be charged for the administration of the safe custody account, which will additionally lower the performance.
Performance current year
Performance 1 year
Performance 3 years
Performance 5 years
|moderate earnings expectations, resulting from market opportunities|
|relatively high returns|
|risk of loss from stock, interest rate, and currency fluctuations; potentially higher counterparty risk|
|Other share class|
Institutional clients (Class I)