Overview

QFS SICAV - Global High Yield MinRisk USD hedged I acc

The quantitative investment strategy Global High Yield MinRisk invests mainly in corporate bonds with ratings between BB+ and B independently from a benchmark. The strategy aims to generate attractive returns and to reduce risks by diversification. The investment universe comprises more than 3000 corporate and government bonds worldwide.

General Information

Data: As of 2022-04-29
ISIN LU1525535875
Bloomberg QUGUHIA
Fund currency USD
Appropriation of earnings Accumulating
Benchmark ICE BofA Global High Yield BB-B Index (in USD hedged)
Inception date (share class) 2016-12-23
Currency hedged Yes
Valuta T+3 (Forward Pricing)
Management Company Union Investment Luxembourg S. A.
Depositary DZ - PRIVATBANK S.A.
Ongoing charges 0.70 % (30.09.2021)
Management fee 0.60 % p.a.
Flat fee 0.10 % p.a.
Registered countries LU, DE
AuM fund < 1 m in USD
Share price 1134.20 in USD
Sustainability Article 8 SFDR

Performance Chart (net returns)

2017 2018 2019 2020 2021
4.52 -0.45 10.24 2.68 1.90

Performance Ratios

Period Fund (%)
1 month -2.27
YTD -6.15
1 year -5.30
3 years p.a. 0.86
5 years p.a. 1.95
Since inception p.a. 2.39
Ratio Fund
Sharpe ratio 0.21
Volatility 5.46
Tracking error 2.14
Information ratio -0.34
VaR (99%/10) 1.16

Sector Allocation

Absolute

Country Allocation

Absolute

Rating Allocation

Absolute

Maturity Allocation

Absolute

Portfolio Ratios

Ratio Fund
Number of issuers 250.00
Number of positions 313.00
Coupon 5.11
DTS 9.90
Macaulay duration 3.15
Maturity 3.93
Modified duration 2.97
OAS 3.38
Yield -11979.68

Top 10 securities

Name Weight (%)
ICAHN ENTERPRISES/FIN 5.25% 05/15/27 0.75
GO DADDY OPCO/FINCO 5.25% 12/01/27 0.73
PDC ENERGY INC 5.75% 05/15/26 0.72
UNITED RENTALS NORTH AM 4.875% 01/15/28 0.71
IRON MOUNTAIN INC 5.25% 03/15/28 0.7
HILLENBRAND INC 5.75% 06/15/25 0.69
BILFINGER SE 4.5% 06/14/24 0.68
RATTLER MIDSTREAM LP 5.625% 07/15/25 0.68
ANTERO MIDSTREAM PART/FI 7.875% 05/15/26 0.65
PTC INC 3.625% 02/15/25 0.65

Please find Quoniam‘s information regarding “Transparency of Sustainability Risks” and “Transparency of Adverse Sustainability Impacts”.

DISCLAIMER

The use of investment services as well as investments in financial instruments are conjoint with risks. For more detailed information, in particular a description of the mentioned fund’s risks and rewards, please refer to the prospectus, the key investor information document and the most recently published annual and semi-annual report. These publications are available upon request and free of charge from the German payment and information agents, DZ BANK AG (Frankfurt/Main). The aforementioned documents constitute the sole binding basis for the purchase of fund units. Under no circumstances shall this document constitute an offer or recommendation to buy or sell units or shares of the presented funds.

Past Performance is not a reliable indicator for future performance.

QFS-SICAV (Quoniam Funds Selection SICAV)
Management company: Union Investment Luxembourg S.A.
Portfolio management: Quoniam Asset Management GmbH

Quoniam Bonds MinRisk SGB
Management company: Union Investment Privatfonds GmbH
Portfolio management: Quoniam Asset Management GmbH

UniInstitutional European MinRisk Equities
Management company: Union Investment Privatfonds GmbH
Portfolio management: Quoniam Asset Management GmbH