Berenberg Global Bond Selection (R)
Taking account of economic conditions and capital markets as well as the development of equity markets, the fund has a minimum investment of 51% in non-Euro denominated fixed income securities.
These can include the money market instruments of sovereigns, corporates and financial institutions. The investment strategy focuses on liquid bonds denominated in currencies other than Euro. Bond issuers are typically located in countries that score highly on key macro economic indicators such as. indebtedness, inflation and economic activity.
The fund is actively managed with regard to duration, issuers and currency exposures. Strong currency fluctuations may be hedged temporarily at the fund managers discretion. The fund’s 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||A1JUU1 / DE000A1JUU12|
|Investment Company||Universal-Investment-Gesellschaft mbH|
Joh. Berenberg, Gossler & Co. KG
|Custodian Bank||State Street Bank GmbH|
|Financial Year End||31. Dec|
|Appropriation of Net Income||distributing|
|Fund Manager||Robert Reichle|
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
potential price risks from interest rate and currency fluctuations; potentially high counterparty risk
|Other Share Class|
Institutional clients (Class I)