Kathrein Sustainable EM Local Currency Bond
RT : AT0000A2HU83 | RA : AT0000A2HUA9
| Fond type | bond funds |
| Currency | EUR |
| Status | 06.05.2024 |
| Yearly | YTD | +1.11 % |
| value development | Prev. Year | +7.79 % |
| 5 Years p.a. | n. a. |
| Risk rating | low |
Short portrait
The Kathrein Sustainable EM Local Currency Bond invests primarily in issues by supranational organisations denominated in emerging market currencies. The fund's universe currently comprises 19 currencies. Currency allocation is at the forefront of the fund's investment approach. The fundamental assessment of the respective country and its financial system flows into the allocation decision. The price development of all currency pairs in relation to each other as well as the absolute yield of the respective government bonds and the liquidity situation are decisive factors for the weighting decision.
Social, ethical and ecological exclusion and positive criteria also flow into investment decisions. In addition to the legal requirements iSd. Article 8 of Regulation (EU) No. 2019/2088, the fund also fulfils the requirements of independent quality seals, such as the sustainability requirements of the FNG seal and the "Österreichische Unweltzeichen" (Austrian Eco-label), and complies with the European Transparency Code for Sustainability Funds. Furthermore, the "Guidelines for Ethical Investments" of the Austrian Bishops' Conference and the Austrian Religious Orders (FinAnKo) are complied with.
Characteristics
RA: AT0000A2HUA9
Metrics
| Sharpe Ratio | 0.00 |
| Maximum Temporary Loss | n. a. |
| Volatility (p.a.) | 0.00 % |
Performance
(RT: AT0000A2HU83)
-0.17 %
Annual performance p.a. since the beginningsince option: 11.03.2021 bis 06.05.2024
For investors whose home currency is not the fund currency, the return may rise or fall as a result of currency fluctuations.
Please also note the legal information at the end of this page view for more information.
n. a.
5 Annual performance p.a.5 Years: 11.03.2021 bis 06.05.2024
-0.12 %
3 Annual performance p.a.3 Years: 10.05.2021 bis 06.05.2024
+1.11 %
Annual performanceYTD: 29.12.2023 bis 06.05.2024
Asset Allocation
(RT: AT0000A2HU83)
Top Ten Holdings
95.32 %
- International Finance Corp. KP/DL-Medium-Term Nts 2022(27)3.29 %
- International Finance Corp. MN-Medium-Term Notes 2017(27)3.22 %
- European Bank Rec. Dev. RB/DL-Medium-Term Nts 2021(25)2.84 %
- International Bank Rec. Dev. IR/DL-Medium-Term Nts 2023(29)2.78 %
- International Bank Rec. Dev. RB/DL-Medium-Term Nts 2021(26)2.63 %
- European Bank Rec. Dev. IR/DL-Medium-Term Nts 2021(26)2.5 %
- Inter-American Dev. Bank MN-Medium-Term Notes 2007(24)2.36 %
- International Bank Rec. Dev. YC-Medium-Term Notes 2023(27)2.22 %
- Asian Infrastruct.Invest.Bank BA/DL-Medium-Term Nts 2020(25)2.05 %
4.68 %
- Cash4.68 %
Detailed Information
Legal Notice
This information is an advertising communication and not an offer or a recommendation to buy or sell a financial instrument.
The fund regulations of the fund have been approved by the Financial Market Authority.
When investing in investment funds, price fluctuations are possible at any time due to market changes.
Previous performance results do not allow any reliable conclusions to be drawn about the future development and income of the fund.
The performance is calculated according to the OeKB method and is given as a percentage, taking into account the reinvestment of the distribution. Costs such as management fees or other costs charged to the fund assets have already been taken into account in the performance, but not the customer-specific front-end load or custody account fees. Depending on the specific amount, these have a correspondingly reducing effect on the performance.
If an issue surcharge of e.g. 3% is charged, this reduces the performance in the year of purchase by EUR 3,000 for every EUR 10,000 invested. A custodian fee of 0.25% reduces the income annually by EUR 25 for every EUR 10,000 in the fund.
For investors whose home currency differs from the fund currency, the return may rise or fall as a result of currency fluctuations.
The tax treatment depends on the personal circumstances of the investor.
The published current prospectus or the information for investors according to § 21 AIFMG as well as the basic information sheet and the customer information document (key investor information or KID) of the investment fund are available to interested parties in German at www.kathrein.at under „Investment Solutions / Our Funds“. These documents represent the sole sales document and contain important risk information
A summary of investor rights in German and information on ending cross-border sales in a member state can be found for funds with Raiffeisen Kapitalanlage GmbH as the management company (KAG) at 20210802_summary of investor rights.pdf and for funds with Masterinvest Kapitalanlage GmbH as management company (KAG) under rights_of_investors_en.pdf.