Ignis Absolute Return Credit I EUR

The objective of Sub-Fund B is to deliver positive total returns with low levels of volatility uncorrelated to bond and equity market conditions.Sub-Fund B will invest in Financial Derivative Instruments including (but not limited to) credit default swaps (CDS), Index CDS, futures (which may be based on securities issued by governments), interest rate swaps (IRS) and total return swaps for investment purposes and efficient portfolio management. Sub-Fund B aims to make an absolute return by investing mainly in CDS to obtain long and synthetic short exposures to investment grade and high yield corporate bonds issued by companies from around the world.

Key stats

Management firm  Ignis Investment Services Ltd
Domicile  Luxembourg
Fund Administrator  Bank of New York Mellon (Luxembourg) S.A
Global Branding Name  Ignis
Fund currency  EUR
Net Assets Date  2014-11-30
Net Assets  €53,136,778
Launch Date  2012-07-31
ISIN  LU0799640262
SEDOL  B7YP9D5
Manager 1 Name  Not Disclosed
Fund Strategy  Alt - Long/Short Debt
Benchmark  EONIA EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  0.40%
Return - 2 Months  0.40 %
Return - 3 Months  0.43%
Return - 6 Months  -0.06 %
Return - 9 months  -0.43 %
Return - 12 Months  -0.72%
Annualized return 24 months  -0.53 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  -0.65%
Return YTD  -0.65%

Charges

Initial  5.00 %
Minimum Investment  €1,000,000
Maximum Managment Charge  0.50 %
Exit charge  0.00 %
Performance Fee  10.00 %

Contact

Contact Address  50 Bothwell Street
Contact city  Glasdow
Contact country  United Kingdom
Fund Admin Group  Ignis Investment Services Ltd
Web Address  www.ignisasset.com
Email contact  helpdesk@ignisasset.com
Custodian  Bank of New York Mellon (Luxembourg) S.A
Phone  +44 1412 228000

Price

Last Price Date  2014-12-18
Pre-tax nav  0.98
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  €-0.00
Price change (percentage)  -0.06 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information