ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF ISIN LU0488317610, WKN ETF540

 
 
 

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 (1)

Bonds (316) Germany (28) Covered Bonds (5) All maturities (5)

Quote

EUR 198.98
XETRA
23/10/18
196.88 52 weeks low/high 201.25
52 weeks low/high
 
Savings plan ready
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Risk and fees of ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF

Risk

EUR 10 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 EUR) 1.83% Risk category
Inception Date 01 July 2010
Maximum drawdown
since inception (in EUR)
-2.91%
Maximum drawdown period 15 Months

Fees

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

Dividend/ Taxes

Distribution policy Distributing
Distribution frequency Annually
Fund domicile Luxembourg
Tax data Bundesanzeiger

Legal structure

Fund Structure Company With Variable Capital (SICAV)
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, Luxembourg Branch
Revision Company EY Luxembourg
Fiscal Year End 30 June
Swiss representative -
Swiss paying agent -

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|Goldman Sachs|Barclays|BNP Paribas
Collateral manager Commerz Funds Solutions S.A.
Securities lending No
Securities lending counterparty
 
 
 

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

Return

1 year: -0.53%
Performance (incl. dividend)
Return in:
 
YTD 2017 2016 2015 2014
-0.48% -0.39% 0.81% -0.10% 4.43%
1 month 3 months 6 months 1 year 3 years
-0.14% -0.43% 0.43% -0.53% -0.41%
 

Savings plan offers for the ComStage iBoxx EUR Germany Covered Capped Overall TR UCITS ETF

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free of charge
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free of charge + ATC
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Penalty rate
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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 distributed to the investors (Annually).

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 10m Euro 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 stock exchange quotes 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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