Berenberg Euro Financial Bond Selection (R)
The Berenberg Euro Financial Bond Selection selects Euro-denominated financial bonds (senior unsecured, lower tier 2) by global issuers, using a quantitative and active investment strategy.
In addition, credit default swaps can be bought or sold alternatively to lower tier 2 debt.
By means of a systematic selection process financial bonds that offer an attractive return with respect to systematic risk restrictions are identified. The portfolio underlies continuous risk management and monitoring.
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||A1CZUK / DE000A1CZUK6|
|Investment Company||Universal-Investment-Gesellschaft mbH|
Joh. Berenberg, Gossler & Co. KG
|Custodian Bank||State Street Bank International GmbH|
|Financial Year End||31. Dec|
|Appropriation of Net Income||distributing|
|Fund Manager||Julian Kruse, Felix Stern|
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 primarily from market opportunities
relatively high returns
risk of loss from interest rate and currency fluctuations; potentially high counterparty risk
|Other share class|
Institutional clients (Class I)