Vontobel Fund TwentyFour Strategic Income Fund AH (Hedged)1

100,44 CHF

NAV 17/04/2019

0,01 CHF (0,01%)

Evolution compared to the last NAV
Funds'name

Vontobel Fund

Type

Sustainable/Ethical

Rating 3
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Minimum buy value

no minimum for STRATEO INVEST

Minimum sell value

no minimum for STRATEO INVEST

Cap/Dist

Distribution

Regional split

Sectorial split

Major holdings

1.00% United States Treasury Bill 2019 7,40%
1.875% United States Treasury Bill 2019 6,70%
3.125% United States Treasury Bill 2028 4,30%
2.25% Australia Government Bond 2028 3,40%
6.375% Coventry Building Society 2099 Perp 3,10%
3.375% United States Tr easury Bill 2048 2,40%
6.875% Nationwide Building Society Perp 1,60%
7.5% CS Group Perp 1,10%
7.5% Cabot Financial Luxembourg SA 2023 1,10%
8.875% Bracken MidCo1 PLC 2023 1,00%

Factsheet

Isin LU1380459435
Name Vontobel Fund TwentyFour Strategic Income Fund AH (Hedged)
Total Assets 0 million
Fund type Equity fund
Management fee 1,44%
Distribution fee 0,625% on the assets
Fund manager
Fund manager since 23/03/2016
Legal type and nationality Investment company according to Luxembourg law
Financial Service Bank Vontobel AG
Frequency Listing daily
Investment Horizon Undetermined
Investment Category Bonds basket foreign currencies (without term) : Miscellaneous
European Passport Yes
Quote Currency CHF
Publication NV www.beama.be

Registration and reception of the requests of issue/redemption/change of sub-fund

Each subscription/redemption request of shares can be introduced and registered on each working day before 11h30 (Belgian time) through the transaction site of Strateo. If we receive your order before 11h30, it will be executed at the NAV of the same day (D), of the following day (D+1) or the next following day (D+2), depending from the fund.

If you want to be certain about the NAV of execution, we advise you to check the prospectus (see conditions for the subscription and the redemptions of shares). If Strateo receives your order after 11h30, the order will be considered being placed the following day.

Requests for changes of sub-fund are not possible at Strateo

Risk

Credit risk

Derivatives risk

Counterparty risk

Operational risk

Volatility Risk

Leverage risk

Risk of convertible bonds

SRRI risk indicator 2

Lower risk
Higher risk
 
Potentially lower return
Potentially higher return
 
 
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2 The synthetic risk indicator gives an indication of the risk associated with investing in a collective investment. The scale goes from 1 (weakest risk) to 7 (highest). The lowest category does not indicate that the investment is risk free. The indicator is based on historical data and may possibly not be a reliable indication of the future risk profile of the fund. The type of risk is not a guarantee and may change over time. (you can find more information here)

Tariff structure

Stock exchange tax at redemption applicable
Swiss domiciliation fund: 35%.
Luxembourg domiciliation fund: 15%.
Local withholding tax 25%
Capital Gains Tax not applicable
Entry fees 0 CHF
Exit fees 0 CHF *

For other, non-current costs that might be paid by the investor, we refer to the prospectus

* If you transfer a fund/the funds of your STRATEO INVEST to your trading account before the end of the fifth year, you will have to pay fees of CHF 9.95 (per transferred fund).

Investment policy

The sub-fund seeks to achieve an attractive level of income along with the opportunity of capital growth.  As a fund managed independently of a benchmark, the sub-fund will generate exposure, in particular, to the fixedincome asset class on a relative value basis. It will select eligible securities from the worldwide range of fixed-interest and floating rate securities, including government, supranational, and corporate bonds as well as assetbacked securities. There shall be no constraints on the rating of the securities.  Up to 49% of the sub-fund may be invested in contingent convertible bonds (CoCos) and up to 20% in asset-backed securities. The sub-fund may also hold cash. In adverse market conditions the sub-fund may build up exposure of up to 100% to money market instruments or cash.  The sub-fund can use derivatives to achieve the investment objective and for hedging purposes.  The currency of this class is continually hedged against the sub-fund's main currency. This hedging does not necessarily cover all currency risks. It entails costs which in turn reduce the share class' return.  The portfolio manager can make investments for the subfund at his or her own discretion within the predefined investment limits.  Income may be paid out each year.  The charges for buying and selling securities are paid by the sub-fund. They are payable in addition to the charges listed and reduce the sub-fund's return.  You can redeem shares in the sub-fund on any working day. The only exceptions are on public holidays in Luxembourg or if a large number of stock exchanges and markets in which the sub-fund invests are closed.

If you have a complaint, please contact our Legal Department: legal@strateo.ch

1 Fund means «Undertaking for collective Investment». Undertaking for collective Investment is a general term used for different undertakings collecting money from the public and whose activity consists in managing an investment portfolio. The fund notion contains as well collective investment schemes in the form of an investment company (such as the Sicav or Sicafi) as the contractual funds (such as the Mutual Fund) and their sub-funds.

3 When you would like to have more information on the diamond rating of VWD, please click here.