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XAIA Credit Basis II (I)

Ranked 68 out of 85 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Jochen Felsenheimer

Dr. Jochen Felsenheimer is a managing director at XAIA Investment GmbH. He holds a PhD in Macroeconomics, and is the author of several published books and research articles focusing on credit derivatives, as well as credit markets and topics concerning Macroeconomics. Prior to co-founding XAIA Investment he co-founded the Credit Department at Assenagon in 2009, and previously served as the head of global Credit Strategy Research at UniCredit Group.

Wolfgang Klopfer

Dr. Wolfgang Klopfer studied mathematics, physics and information sciences at the Technical University of Munich where he also earned his PhD in mathematics. He is the chief executive officer of XAIA Investment GmbH having co-founded the credit department at Assenagon. He also spent 11 years at UniCredit Group holding various senior trading positions - lastly as divisional head of Proprietary Trading.

Objective

The fund aims to achieve a significant excess return to 3-month Euribor. The fund uses price differences between bonds and credit default swaps (credit default swaps, CDS) to identical debtor. Portfolio consists mainly of bonds, convertible bonds, structured and hybrid bonds, bonds and asset-backed securities. Interest rate and currency risks are hedged through appropriate hedging instruments.

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Performance

Bond Strategies over : 31/12/2016 - 31/12/2017
  • Rank 68/85 Total Return
  • Rank 36/85 Standard Deviation
  • Rank 59/85 Max Drawdown
Fund Name Currency Return
66 Loomis Sayles Strategic Alpha Bond Fund H-R/A EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

66 Janus Henderson Glo Unconstrained Bd A acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

68 XAIA Credit Basis II (I) EUR

-0.4%

69 FINCA Active Duration EUR

-0.4%

70 Insight Total Return Bond S Euro Dis EUR

-0.7%

Fund Name Currency Risk
34 ShelteR Invest Low Volatility I Cap EUR

1.2

35 GAM Multibond - Absolute Return Emerging Bd-EUR A

Currency exposure is hedged

Currency exposure is hedged

EUR

1.2

36 XAIA Credit Basis II (I) EUR

1.2

37 SWC (LU) BF Emerging Markets Absol. Return ATH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.2

37 Ascensio II Absolute Return Bond Fund EUR

1.2

Fund Name Currency Loss
57 Hedge Invest Numen Credit EUR I Initial EUR

-1.2%

58 GAM Multibond - Absolute Return Bd-EUR B EUR

-1.2%

59 XAIA Credit Basis II (I) EUR

-1.2%

60 Lazard Emerging Markets Total Return Dbt A AccHEUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

61 Emirates Em Market Corp Bond Abs. Return A EUR C EUR

-1.2%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 -0.4% 0.4% -0.2% 0.3% -1.0%
2016 1.1% -0.3% 0.3% 0.8% 0.3%
2015 -1.0% 0.7% 0.2% 0.0% -2.0%
2014 2.8% 1.0% 0.8% 0.7% 0.2%
2013 4.3% 1.2% 1.0% 1.1% 0.9%
2012 5.1% 1.4% 1.2% 1.1% 1.2%
2011 3.9% 1.2% 1.4% 0.9% 0.3%
2010 1.3% 1.2% 1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Germany
  3. Luxembourg

Fund Info

  • Launch date11/01/2010
  • Share Class size516Mn
  • Base currencyEUR
  • ISIN LU0462885301

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.80%
  • Initial investment0.8

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