Sparinvest SICAV HY Val Bnd Sep 17 EUR I

The Sub-Fund may invest up to 49% of its total assets in fixed income transferable securities issued by corporations in or with a major part of their business in emerging markets (“Emerging Market Corporate Transferable Securities”). The definition of emerging markets follows the MSCI Market Classification Framework, where eligible countries are those not classified as\Developed Markets. Securities of countries being reclassified as Developed Market by the MSCI Market Classification Framework may still be held in the portfolio at the discretion of the Investment Manager. The Sub-Fund will invest at least 2/3 of its total assets in non-investment grade fixed income transferable securities (i.e. that are rated less than Baa3/BBB- by Moody’s, S&P's, or equivalent from another recognized credit rating agency, financial institution or external credit risk model) (“HY Transferable Securities”) while not more than 2,0% of the total net assets of the Sub-Fund may be acquired of any such issuer

Key stats

Management firm  Sparinvest S.A.
Domicile  Luxembourg
Fund Administrator  RBC Investor Services Bank S.A.
Global Branding Name  Sparinvest
Fund currency  EUR
Net Assets Date  2014-07-31
Net Assets  €56,970,650
Launch Date  2014-03-24
ISIN  LU1048588138
Manager 1 Name  Not Disclosed
Fund Strategy  Fixed Term Bond
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-07-31
Return - 1 Month  0.50%
Return - 2 Months  1.18 %
Return - 3 Months  2.25%
Return - 6 Months  0.00 %
Return - 9 months  0.00 %
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  2.11%
Return YTD  0.00%

Charges

Initial  0.00 %
Maximum Managment Charge  0.60 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Jørn Kirkegaard
Contact Address  28, Boulevard Royal
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  Sparinvest S.A.
Web Address  www.sparinvest.lu
Email contact  mail@sparinvest.lu
Custodian  RBC Investor Services Bank S.A.
Phone  +352 2627471

Price

Last Price Date  2014-08-28
Pre-tax nav  102.30
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  €-0.08
Price change (percentage)  -0.08 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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