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LO Funds - Ultra Low Duration EUR MA

Ranked 2 out of 5 in - Global Short Term over 12 months
All calculations are in EUR unless stated

Objective

The Sub-Fund aims to generate regular income by investing mainly in bank deposits, money market instruments, bonds, other fixed or floating rate debt securities and short-term debt securities of governmental and/or corporate issuers rated BBB or better. The Sub-Fund may invest up to 1/3 of assets in securities graded below investment grade and/or in convertible bonds. The Sub-Fund may invest in any currencies, including Emerging Market currencies. The maximum weighted average duration of the portfolio is no more than 180 days.

Showing fund performance in Norway View performance globally

Performance

Global Short Term over : 30/09/2017 - 30/09/2018
  • Rank 2/5 Total Return
  • Rank 1/5 Standard Deviation
  • Rank 1/5 Max Drawdown
Fund Name Currency Return
1 Fidelity Funds - Glbl Short Dur Inc A-MDIST-EUR EUR

1.1%

2 LO Funds - Ultra Low Duration EUR MA EUR

-0.3%

3 AXA WF Global Short Duration Bonds G C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

4 JPM Global Govt Short Duration Bd A Acc EUR EUR

-1.5%

5 JPM Global Short Duration Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.7%

Fund Name Currency Risk
1 LO Funds - Ultra Low Duration EUR MA EUR

0.1

2 JPM Global Govt Short Duration Bd A Acc EUR EUR

0.3

3 JPM Global Short Duration Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

0.5

4 AXA WF Global Short Duration Bonds G C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

0.6

5 Fidelity Funds - Glbl Short Dur Inc A-MDIST-EUR EUR

6.0

Fund Name Currency Loss
1 LO Funds - Ultra Low Duration EUR MA EUR

-0.3%

2 AXA WF Global Short Duration Bonds G C EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

3 JPM Global Govt Short Duration Bd A Acc EUR EUR

-1.5%

4 JPM Global Short Duration Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.9%

5 Fidelity Funds - Glbl Short Dur Inc A-MDIST-EUR EUR

-5.9%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.1% -0.1% -0.1%
2017 -0.1% -0.1%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2018

Top 10 Holdings

Stock Size
DongfengMotor HK 1.600% 28-Oct-2018 4.29%
Weir Group PLC 0.000% 06-Nov-2018 3.79%
BMW Finance 0.125% 03-Jul-2020 3.04%
EUROSAIL PLC FRN 10-Sep-2044 063NC 2.73%
Mexico 5.500% 17-Feb-2020 2.72%
China Ovs Ld Cy 1.750% 15-Jul-2019 2.58%
(NO MIN.) REGD.NOTES 2007-20.11.22 FLOATING RATE R 2.57%
BRE Fin France 2.375% 01-Apr-2019 2.55%
Xstrata Fin Du 2.625% 19-Nov-2018 2.53%
Axer 0.000% 30-Nov-2018 2.52%
31/08/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Italy
  6. Liechtenstein
  7. Luxembourg
  8. Netherlands
  9. Norway
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date17/05/2017
  • Share Class size18Mn
  • Base currencyEUR
  • ISIN LU1230566397

Purchase Info

  • Min. initial investment3,000
  • Min. regular additional investment0

Charges

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).