QFS SICAV - Global High Yield MinRisk CHF hedged I acc
The quantitative investment strategy Global High Yield MinRisk invests mainly in corporate bonds with ratings between BB+ and B. 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. The strategy's benchmark is the ICE BofA Global High Yield BB-B index.
General Information
ISIN | LU2675204296 |
Bloomberg | QUGMICA |
Fund currency | CHF |
Appropriation of earnings | Accumulating |
Benchmark | ICE BofA Global High Yield BB-B Index (in CHF hedged) |
Inception date (share class) | 2023-10-04 |
Currency hedged | Yes |
Management Company | Union Investment Luxembourg S. A. |
Depositary | DZ - PRIVATBANK S.A. |
Ongoing charges | 0.52 % (estimate) |
Management fee | 0.40 % p.a. |
Flat fee | 0.09 % p.a. |
Registered countries | LU, DE, CH |
Total fund AuM | 120.40 m in USD |
Share price | 1081.78 in CHF |
Sustainability | Article 8 SFDR |
Performance Chart (net returns)
2023 |
---|
4.63 |
Performance Ratios
Period | Fund (%) |
---|---|
1 month | 0.46 |
YTD | 3.39 |
1 year | 5.33 |
Since inception p.a. | 6.97 |
Ratio | Fund |
---|---|
Sharpe ratio | 1.71 |
Volatility | 3.21 |
Tracking error | 1.16 |
Information ratio | -1.86 |
VaR (99%/10) | 0.97 |
Sector Allocation
AbsoluteCountry Allocation
AbsolutePortfolio Ratios
Ratio | Fund |
---|---|
Number of issuers | 228 |
Number of positions | 258 |
Coupon | 5.21 |
DTS (Duration Times Spread) | 4.39 |
Macaulay duration | 2.49 |
Maturity | 3.34 |
Modified duration | 2.35 |
OAS (Option-Adjusted Spread) | 1.81 |
Yield | 2.15 |
Top 10 securities
Name | Weight (%) |
---|---|
PTC INC 3.625% 02/15/25 | 0.92 |
FAIR ISAAC CORP 4% 06/15/28 | 0.89 |
HARBOUR ENERGY PLC 5.5% 10/15/26 | 0.83 |
IRON MOUNTAIN INC 5.25% 03/15/28 | 0.83 |
VIVO ENERGY INVESTMENTS 5.125% 09/24/27 | 0.82 |
CDW LLC/CDW FINANCE 3.276% 12/01/28 | 0.79 |
MATTEL INC 5.875% 12/15/27 | 0.77 |
UNITED RENTALS NORTH AM 4.875% 01/15/28 | 0.75 |
JAMES HARDIE INTL FIN 5% 01/15/28 | 0.74 |
XPO INC 6.25% 06/01/28 | 0.7 |
Here you can find further information on Quoniam`s approach to “sustainability risks” and “adverse sustainability impacts”.
DISCLAIMER
Detailed product-specific information and notes on opportunities and risks as well as the sales and paying agents can be found in English on union-investment.lu under the heading "Downloads".
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
RECHTLICHER HINWEIS<\/b><\/p>
Ausf\u00fchrliche produktspezifische Informationen und Hinweise zu Chancen und Risiken sowie die Vertriebs- und Zahlstellen finden Sie in deutscher Sprache auf union-investment.lu unter der Rubrik \u201eDownloads<\/a>\u201c<\/p>\n\n QFS-SICAV (Quoniam Funds Selection SICAV)<\/b> Quoniam Bonds MinRisk SGB<\/b> UniInstitutional European MinRisk Equities<\/b> DISCLAIMER<\/b><\/p> Detailed product-specific information and notes on opportunities and risks as well as the sales and paying agents can be found in English on union-investment.lu under the heading \"Downloads<\/a>\".<\/p>\n\n QFS-SICAV (Quoniam Funds Selection SICAV)<\/b> Quoniam Bonds MinRisk SGB<\/b> UniInstitutional European MinRisk Equities <\/b> Hier<\/a> finden Sie die Informationen der Quoniam<\/a> zum \u201eUmgang mit Nachhaltigkeitsrisiken\u201c sowie zu den \u201eAngaben zu nachhaltigen Nachhaltigkeitsauswirkungen\u201c.<\/p>","EN":" Here<\/a> you can find further information on Quoniam`s<\/a> approach to \u201csustainability risks\u201d and \u201cadverse sustainability impacts\u201d.<\/p>"}},"Files":{"_Meta":{"Headline":{"DE":"Downloads","EN":"Downloads"}},"Data":[{"OrderNr":1,"Identifier":"Annual Report","Key":{"DE":"Jahresbericht","EN":"Annual Report"},"Value":{"DE":"LU2675204296_AR_Quoniam Funds Selection SICAV_30.09.2023.pdf","EN":"LU2675204296_AR_GB_en_LU1120175770_YES_2023-09-30.pdf"}},{"OrderNr":2,"Identifier":"Factsheet","Key":{"DE":"Factsheet","EN":"Factsheet"},"Value":{"DE":"","EN":""}},{"OrderNr":3,"Identifier":"KIID","Key":{"DE":"BIB","EN":"KID"},"Value":{"DE":"Quoniam_Funds_Selection_SICAV___Global_High_Yield_MinRisk_CHF_hedged_I_acc_LU2675204296-20241101-1-LU.pdf","EN":"Quoniam_Funds_Selection_SICAV___Global_High_Yield_MinRisk_CHF_hedged_I_acc_LU2675204296-20241101-1-LU.pdf"}},{"OrderNr":4,"Identifier":"PdfTransfer","Value":{"DE":"","EN":""}},{"OrderNr":5,"Identifier":"Semiannual Report","Key":{"DE":"Halbjahresbericht","EN":"Semiannual 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\nKapitalverwaltungsgesellschaft: Union Investment Luxembourg S.A.
Portfoliomanagement: Quoniam Asset Management GmbH <\/p>\n \n
\nVerwaltungsgesellschaft: Union Investment Privatfonds GmbH
Portfoliomanagement: Quoniam Asset Management GmbH <\/p>\n\n
\nVerwaltungsgesellschaft: Union Investment Privatfonds GmbH
Portfoliomanagement: Quoniam Asset Management GmbH<\/p>","EN":"
\nManagement company: Union Investment Luxembourg S.A.
Portfolio management: Quoniam Asset Management GmbH<\/p>\n \n
\nManagement company: Union Investment Privatfonds GmbH
Portfolio management: Quoniam Asset Management GmbH <\/p>\n\n
\nManagement company: Union Investment Privatfonds GmbH
Portfolio management: Quoniam Asset Management GmbH<\/p>"},"ESGDisclaimer":{"DE":"