XAIA Credit Basis (IT)

The fund aims, after fees, to considerably outperform the 3 Month Euribor. The 3 Month Euribor is the rate at which Euro Internbank Term deposites are being offered by one prime bank to another. The aim is to achieve a return that exceeds the 3 Month Euribor by exploiting price differences between economical equivalent financial instruments.
The fund will make itself largely immune to interest rate risks by employing interest rate derivatives in order to largely avoid major fluctuations in value. The default risks of individual issuers will be largely hedged with credit derivatives.

Key stats

Management firm  Universal-Investment Luxembourg S.A.
Domicile  Luxembourg
Fund Administrator  Brown Brothers Harriman (Lux) S.C.A.
Global Branding Name  Universal-Investment
Fund currency  EUR
Net Assets Date  2014-08-31
Net Assets  €334,750,766
Launch Date  2013-09-02
ISIN  LU0946790523
SEDOL  BDVZYQ8
Manager 1 Name  Not Disclosed
Fund Strategy  Alt - Debt Arbitrage
Benchmark  Euribor 3 Month EUR
Fund Structure  FCP
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  0.05%
Return - 2 Months  0.49 %
Return - 3 Months  1.02%
Return - 6 Months  1.97 %
Return - 9 months  2.76 %
Return - 12 Months  0.00%
Annualized return 24 months  0.00 %
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  3.63%
Return YTD  2.63%

Charges

Initial  0.00 %
Minimum Investment  €1,000,000
Maximum Managment Charge  0.60 %
Exit charge  1.00 %
Performance Fee  0.00 %

Contact

Contact Address  18-20, rue Gabriel Lippmann
Contact city  Munsbach
Contact country  Luxembourg
Fund Admin Group  Universal-Investment Luxembourg S.A.
Web Address  www.universal-investment.lu
Email contact  info@universal-investment.de
Custodian  Brown Brothers Harriman (Lux) S.C.A.
Phone  00352 / 26 15 02-1

Price

Last Price Date  2014-09-17
Pre-tax nav  1036.52
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  €-1.27
Price change (percentage)  -0.12 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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