KBC Institutional Euro Bonds Classic

KBC Institutional Fund Euro Bonds is a sub-fund of the Belgian Bevek, KBC Institutional Fund. The benchmark of the fund is the JP Morgan EMU Government Bond Index. The fund’s goal is to deliver a long-term return in excess of the benchmark return. To achieve this goal, the fund manager is allowed to take positions in securities that are not included in the benchmark. Risk taking in active portfolio management is controlled by the tracking error budget. The tracking error budget defines how far the fund’s positions can deviate from the benchmark. Active strategies include (but are not limited to) duration positioning (to profit from interest rate movements), cross-market positioning (to profit from movements in the spreads of European interest rates viz. British, American, Canadian, Australian and Japanese rates), inflation linked bond positioning (to profit from changing inflation expectations) and credit positioning (to profit from movements in the risk premium of corporate credit).

Key stats

Management firm  KBC Asset Management N.V.
Domicile  Belgium
Fund Administrator  KBC Asset Management NV
Global Branding Name  KBC
Fund currency  EUR
Net Assets Date  2014-08-31
Net Assets  €496,204,997
Launch Date  1997-01-17
ISIN  BE0162584123
SEDOL  B17NK08
Manager 1 Name  Dirk Poelman
Manager 2 Name  Joeri Ceuppens
Fund Strategy  EUR Government Bond
Benchmark  Not benchmarked
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-10-31
Return - 1 Month  0.05%
Return - 2 Months  0.20 %
Return - 3 Months  1.85%
Return - 6 Months  4.62 %
Return - 9 months  7.29 %
Return - 12 Months  9.46%
Annualized return 24 months  7.03 %
Annualized return 36 months  8.25 %
Annualized return 48 months  5.65 %
Annualized return 60 months  5.15 %
Return 120 months  4.78 %
Annualized return since Inception  5.03%
Return YTD  9.63%

Ratings

Morning Star Rating Date   2014-10-31
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - Overall  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating

Charges

Initial  3.00 %
Minimum Investment  €25,000
Maximum Managment Charge  0.25 %
Exit charge  5.00 %
Performance Fee  0.00 %

Contact

Contact Address  Havenlaan 2, 1080 Brussel
Contact city  Brussel
Contact country  Belgium
Fund Admin Group  KBC Asset Management N.V.
Web Address  www.kbcassetmanagament.com
Custodian  KBC Bank NV

Price

Last Price Date  2014-11-19
Pre-tax nav  5963.06
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €-6.69
Price change (percentage)  -0.11 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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