Anaxis Income Advantage
Fund objective: the fund is actively managed on a discretionary basis investing primarily in corporate bonds, targeting returns exceeding 3-year German government bond yields by 4%, net of management fees.Inception date: 10th October 2016
Portfolio management: although the scope of the investment universe is global, the fund invests mainly in developed markets. The investment management process draws primarily on the fundamental analysis of bond issues, coupled with diversified allocation construction by selecting securities on a bottom-up basis. The fund managers can invest flexibly, free of constraints based on ratings, indices or maturity. The portfolio is diversified in regional and sector terms. As a function of their analyses, the fund managers may decide to maintain a proportion of the fund's assets in money-market instruments, short-term fixed-income products or sovereign bonds.
Furthermore, the objective of our sector exclusion policy is to exclude from the investment universe issuers whose business is not compatible with our goal of preserving the natural environment and improving public health. Specifically, we exclude issuers that generate over 20% of their revenues in the following sectors: fossil fuels, plastic packaging, fertilisers and weed killers, weaponry, tobacco, non-therapeutic GMOs.
Main risks:
- Risk of capital loss.
- Credit risk. This is the potential risk that the issuer's rating be downgraded which may lead to a decrease in the price of the security and thus the fund's net asset value. Furthermore, subscribers should note that investments in low-rated or unrated securities generate higher credit risk.
- Interest rate risk.
The value of the investment may change in line with market fluctuations and investors may lose some or all of their initial investment, as the investment funds carry no capital guarantee.
Reporting & Documentation
(.pdf) | Monthly report | | Fund presentation |
| KID PRIIPS | | Prospectus |
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I want to be informed of upcoming publications Anaxis (Reporting & CCMU) |
Performance & statistics
Date: 19/05/23| Class I1 - EUR | Class J1 - USD | Class K1 - CHF | |
| NAV: | 104.31 | 97.28 | 101.11 |
| YTD performance: | 3.25% | 4.12% | 2.52% |
| Cumulative performance: | 4.31% | -2.72% | 1.11% |
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See all of our values (NAV) |
| Weighted average yield-to-maturity: | 7.89% |
| Weighted average duration: | 2.79 |
| Issuers (groups): | 131 |
Portfolio's breakdown
Country allocation
Sector allocation
Main features
| Status: | Open to new subscriptions |
| Investment vehicle: | French UCITS Fund (SICAV) |
| Manager: | Anaxis Asset Management SAS |
| Liquidity: | Daily |
| Custodian: | BNP Paribas SA |
| Administrator: | BNP Paribas SA |
| Auditor: | PwC Sellam represented by Mr. Frédéric Sellam |
| Class E1 - EUR : | FR0013196169 (ISIN), AIAE1EU (Bloomberg), CH33471438 (Telekurs) |
| Class E2 - EUR: | FR0013196177 (ISIN), AIAE2EU (Bloomberg), CH33471441 (Telekurs) |
| Class U1 - USD : | FR0013196185 (ISIN), AIAU1US (Bloomberg), CH33471442 (Telekurs) |
| Class S1 - CHF : | FR0013196193 (ISIN), AIAS1CH (Bloomberg), CH33471443 (Telekurs) |
| Class I1 - EUR : | FR0013196219 (ISIN), AIAI1EU (Bloomberg), CH33471444 (Telekurs) |
| Class K1 - CHF: | FR0013196235 (ISIN), AIAK1CH (Bloomberg), CH33471448 (Telekurs) |