Berenberg Euro Money Market (SGB) (B)
The investment objective of the Berenberg Euro Money Market (SGB) is to generate stable and adequate returns following the prevailing money market rates.
The investments of the fund comply with the investment restrictions for social security carriers arising from the German Social Security Code (SGB; sections 80, 83 of SGB, SGB IV).
The fund invests in government bonds, government guaranteed bonds, covered bonds/Pfandbriefe and unsecured bonds from EEA member states and from Switzerland. Bonds have to be at least among the two highest short-term credit ratings. Government bonds require an investment grade rating. The duration for fixed-income securities is 397 days at most, in the case of variable rate bonds it is 2 years at most. Investments in asset-backed bonds (so-called ABS) are not permitted.
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||A0M5AB / LU0321158700|
|Issue date||October 25, 2007|
|Asset Manager||Joh. Berenberg, Gossler & Co. KG|
State Street Bank Luxembourg S.A.
|Financial year closing date||31.12.|
|Distribution of investment income||distributing|
|Fund manager||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|
|relatively stable returns|
|potential price risks from interest rate and currency fluctuations; low counterparty risk (i.e. loss of capital unlikely)|
|Other share class|
Institutional clients (Class I)