ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF ISIN LU0488317610, Valor Number 11058254

 
 
  • This fund does only have marketing distribution rights for Austria, Luxembourg, Germany.
 
 
 

Strategy of ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF

Investment strategy

The iBoxx® EUR Germany Covered Capped index tracks Euro denominated covered bonds issued by the German government. Maximum weight per issuer: 20%.

  
 

iBoxx® EUR Germany Covered Capped (0)

Bonds (226) Germany (5) Covered Bonds (1) All maturities (1)

Quote

CHF 235.24
Last quote
17/11/17
212.02 52 weeks low/high 235.24
52 weeks low/high
 
 

Risk and fees of ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF

Risk

CHF 15 m
Fund size
Fund size category

Replication

Synthetic (Unfunded swap)
Legal structure ETF
Strategy risk Long-only
Fund currency EUR

Currency risk

Currency unhedged
Volatility 1 year (in CHF) 4.12% Risk category
Inception Date 01 July 2010
Maximum drawdown
since inception (in EUR)
-2.91%
Maximum drawdown period 13 Months

Fees

0.12% p.a.
Total expense ratio
0.07% Compare 4.00%
Compare (Bonds)

Dividend/ Taxes

Distribution policy Accumulating
Distribution frequency -
Fund domicile Luxembourg

Legal structure

Fund Structure Corporate entity (SICAV, OEIC, SICAF, others)
UCITS compliance Yes
Fund Provider Commerz Funds Solutions
Administrator BNP Paribas Securities Services S.A. (Lux)
Investment Advisor Commerzbank AG, Frankfurt
Custodian Bank BNP Paribas Securities Services S.A. (Lux)
Revision Company PricewaterhouseCoopers, Luxembourg
Fiscal Year End 30 July
Swiss representative Commerzbank Aktiengesellschaft, Frankfurt am Main, Zweigniederlassung Zürich
Swiss paying agent Commerzbank Aktiengesellschaft, Frankfurt am Main, Zweigniederlassung Zürich

Tax Status

Germany Tax transparent
Switzerland No ESTV Reporting
Austria Tax Reporting Fund
UK No UK Reporting
EU Savings Directive Out of Scope

Replication, swap, securities lending

Indextype Total return index
Swap counterparty Commerzbank AG
Collateral manager Commerz Funds Solutions S.A.
Securities lending Yes
Securities lending counterparty Commerzbank AG
 
 
 

Performance of ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF

Return

1 year: 8.97%
Performance (incl. dividend)
Return in:
 
YTD 2016 2015 2014 2013
8.69% 0.12% -10.18% 2.51% 1.61%
1 month 3 months 6 months 1 year 3 years
1.40% 2.76% 7.03% 8.97% -1.79%
 

Description of ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF

The ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF invests in Covered Bonds with focus Germany. The ETF holds the full range of bond maturities. The underlying bonds have Investment Grade ratings. The ETF has a EUR currency exposure. The interest income (coupons) in the fund is reinvested (accumulating).

The total expense ratio amounts to 0.12% p.a.. The fund replicates the performance of the underlying index synthetically with a swap. The ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF is a very small ETF with 15m CHF assets under management. The ETF is older than 5 years and is domiciled in Luxembourg.
 

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— All quotes are 15 minutes delayed quotes by London Stock Exchange, Stuttgart Stock Exchange or NAVs (=daily published by fund provider). Quotes and reference data provided by Xignite, Inc., etfinfo and justETF GmbH. Returns include dividend payments. There is no warranty for completeness, accuracy and correctness for the displayed information.
Source:ETFinfo
 

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