Description

Asset class
Fixed Income
Investment objective
To maximize total return through a combination of income and capital gains, with a view towards preservation of capital. The Fund invests primarily in EUR-denominated Investment Grade Bonds of governmental, supranational and corporate issuers and in other fixed income securities. These are usually listed or traded on other Regulated Markets. Unlisted securities may also be purchased. The Investment Adviser also evaluates and applies ESG and norms-based screening to implement a negative screening policy relating to the Fund's investments in corporate issuers and sovereign issuers.
Countries registered
Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, Taiwan
Domicile
Luxembourg

As at 31 May 2026 (updated monthly)
Number of Issuers176
Yield to worstThe lowest possible yield that can be received on a bond that fully operates within the terms of its contract without defaulting.
3.44 %
Total expense ratioA measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and additional operating expenses, such as custody, fund administration, legal, fund registration, regulatory services and auditor fees, and other related operational expenses. Data is likely to evolve over time and does not constitute a commitment from the management company. Past results are not a guarantee of future results.
0.90 %

Fund Facts

Fund launch date31 October 2003
Share class launch date31 October 2003
Fund size€ 575.36m
in base currency
Base currencyEUR
Dealing frequencyDaily
Dealing cut off time1:00pm CET on every Valuation Date
Distribution policyAny income generated from a fund is automatically invested back into it and reflected by an increase in the share price.
Accumulating
IndexThe information in relation to the index is provided for context and illustration only. This fund is an actively managed UCITS. It is not managed in reference to a benchmark index.
Bloomberg Euro Aggregate Bond Total Return
Index History
Previously Citigroup Euro Broad Investment Grade Bond Total Return prior to 31 Dec 2014
Management fee (pa.)The charges that are collected by the management company in order to compensate the Investment Advisers for their investment advisory services, as well as, where applicable, Distributors and other intermediaries, for services to investors or similar services in relation to investments made with their assistance. Additionally, entry charges may apply according to provisions described in the Prospectus.
0.800 %
VehicleSICAV Part 1 (UCITS V)
ISA eligibilityYes
ISINLU0174806348
CUSIPL1406W435
SEDOL7655373
BloombergCIFEBUB LX
Lipper60091688
WKN357880

Investment team

Andrew A. Cormack

London7 years with Capital

Damir Bettini

London18 years with Capital

Philip Chitty

London22 years with Capital

Research Portfolio

Research analysts are allocated part of the fund assets to manage