Flossbach von Storch - Bond Opportunities CHF-RT

Flossbach von Storch - Bond Opportunities is a globally diversified bond fund with an active investment approach, the focus of which is on corporate bonds, government bonds and covered bonds. The fund flexibly utilises opportunities from the entire bond market. In addition to bonds with investment grade quality, the fund manager may also invest in bonds without a rating or those which do not have investment grade quality. At present foreign currency risks are entered into only to a manageable extent. Bond selection is carried out as part of a fundamental analysis process. The fund manager thereby relies on internally-developed research tools. The sub-fund is actively managed. The fund manager determines, regularly reviews and, if necessary, adjusts the composition of the portfolio exclusively in accordance with the criteria specified in the investment policy. The performance of the sub-fund is compared against the index as reference. The fund manager is not bound at any time to the index in his investment decision and portfolio composition. Therefore, the performance of the sub-fund may differ significantly from the indicated reference index.


Valor number:56039116
ISIN:LU2206381621
Authorised for distribution:AT, CH, DE, LI, LU
Fund type / legal structure:UCITS / FCP
Domicile:Luxemburg
Fund currency:EUR
Share class currency:CHF
Launch date:22 July 2020
Financial year end:30 September
Income utilisation:Accumulating
Management company:Flossbach von Storch Invest S.A.
Custodian bank / Paying agent:DZ PRIVATBANK S.A.
Manager:Flossbach von Storch AG
Data from:23 October 2020
Fund assets**:5,071,821,095.91 CHF
NAV:100.80 CHF
Redemption price:100.80 CHF
Issue price*:103.83 CHF
TID: (as at 30 November 2017)
Issue surcharge:up to 3.00%

* incl. max. issue surcharge 3.00%

** Conversion into the share class currency is based on the exchange rate on the day.

Source: Custodian bank / Paying agent

Annual performance (CHF, in %, As at: 23.10.2020)

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Performance (CHF, in %, As at: 23.10.2020)

Reference index: Bloomberg Barclays Global-Aggregate Total Return Index Value Hedged EUR

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Accumulated Performance (CHF, in %, As at: 23.10.2020)

 23.10.202030.09.2020
YTD7.08%6.35%
1 year7.14%6.32%
3 years15.02%14.85%
1 year p.a.8.40%6.31%
3 years p.a.4.77%4.72%
since 31.12.201530.27%29.38%

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Monthly performance (CHF, in %, As at: 23.10.2020)

 202020192018201720162015
Jan0.58%1.78%-0.39%0.43%-1.33%
Feb0.33%1.43%-0.66%1.61%0.89%
Mar-6.27%1.52%-0.67%-0.27%3.21%
Apr6.55%1.16%0.42%0.72%1.69%
May1.61%0.06%-0.03%0.55%-0.01%
Jun1.36%2.59%-0.59%-0.17%1.32%
Jul2.69%1.55%0.91%0.41%2.71%
Aug-0.04%1.36%-0.03%0.18%1.35%
Sep-0.18%-0.45%-0.23%-0.09%-0.28%
Oct0.69%-0.12%-0.94%0.85%-0.24%
Nov-0.19%-1.04%-0.11%-1.37%
Dec0.29%-0.29%-0.36%0.74%0.00%
Current year to 30.09.20206.35%11.49%-3.50%3.81%8.93%0.00%
Current year to 23.10.20207.08%11.49%-3.50%3.81%8.93%0.00%

Past performance is no indication of current or future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. Where performance is compared to a benchmark, such a comparison is provided for informational purposes only and does not imply any obligation on the part of the fund manager to achieve the level of the benchmark or replicate its performance.

Source: Custodian bank and SIX Financial Information

Historic Prices

As atShare class currencyIssue priceRedemption priceNAV
CHF100.00
CHF103.33100.32100.32
CHF103.21100.20100.20
CHF103.13100.12100.12
CHF103.97100.94100.94
CHF103.42100.41100.41
CHF103.47100.46100.46
CHF103.34100.33100.33
CHF103.32100.31100.31
CHF103.85100.82100.82
CHF103.52100.50100.50
CHF103.53100.51100.51
CHF103.94100.91100.91
CHF103.88100.86100.86
CHF104.06101.03101.03
CHF104.05101.02101.02
CHF103.92100.89100.89
CHF103.77100.74100.74
CHF103.58100.57100.57
CHF103.58100.57100.57
CHF103.59100.58100.58
CHF103.59100.57100.57
CHF103.67100.66100.66
CHF103.78100.76100.76
CHF103.74100.72100.72
CHF103.64100.62100.62
CHF103.50100.48100.48
CHF103.42100.41100.41
CHF103.30100.29100.29
CHF103.34100.33100.33
CHF103.55100.53100.53
CHF103.89100.86100.86
CHF103.97100.95100.95
CHF103.68100.66100.66
CHF103.63100.62100.62
CHF103.63100.61100.61
CHF103.49100.48100.48
CHF103.54100.52100.52
CHF103.60100.58100.58
CHF103.64100.62100.62
CHF103.67100.65100.65
CHF103.70100.68100.68
CHF103.71100.69100.69
CHF103.64100.62100.62
CHF103.65100.63100.63
CHF103.48100.46100.46
CHF103.43100.43100.43
CHF103.17100.17100.17
CHF103.07100.07100.07
CHF103.10100.10100.10
CHF103.12100.11100.11
CHF103.17100.17100.17
CHF103.35100.34100.34
CHF103.43100.41100.41
CHF103.40100.39100.39
CHF103.69100.67100.67
CHF103.67100.65100.65
CHF103.79100.77100.77
CHF103.72100.69100.69
CHF103.80100.77100.77
CHF103.94100.92100.92
CHF104.05101.02101.02
CHF104.05101.01101.01
CHF104.05101.02101.02
CHF104.07101.04101.04
CHF103.95100.92100.92
CHF103.85100.82100.82
CHF103.83100.80100.80

Opportunities

  • Participate in global bond market growth.
  • Income can be generated from regular interest payments.
  • Active interest rate, currency and risk management (e.g. from the use of derivatives).

Risks

  • Country, credit and issuer liquidity risk. Also potential exchange rate risks. If securities are illiquid (i.e. thinly traded), there is a risk that it may either not be possible to sell the assets at all or only by accepting a significant discount on the sale price.
  • Investing in bonds may entail price risks, especially in case of rising interest rates on the capital markets.
  • Where used, derivatives can have a greater negative impact on the fund value than would be the case if the assets were acquired directly. This can affect the fund's risk profile and volatility (tendency for the price to fluctuate).

Morningstar Rating™ overall: © (2020) Morningstar Inc. All rights reserved. The information contained herein: (1) is protected by copyright for Morningstar and / or its content providers; (2) may not be copied or distributed, and (3) is not guaranteed with regard to its accuracy, completeness, or timeliness. Neither Morningstar nor its content providers are liable for any damages or losses that may result from the use of this information. Ratings refer to the previous month. Status: 

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