ComStage Commerzbank EONIA Index TR UCITS ETF ISIN LU0378437684, Ticker C100

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

Strategy of ComStage Commerzbank EONIA Index TR UCITS ETF

Investment strategy

The Commerzbank EONIA indexracks a daily rolling exposure to the EONIA (Euro OverNight Index Average) rate. This is an effective overnight interest rate set by the European Central Bank, which is calculated as a weighted average of all unsecured overnight lendings in the interbank market.

  
 

EONIA (Euro Overnight Index Average) (1)

Money Market (7) EUR (1)

Quote

GBP 90.35
Last quote
21/11/17
85.38 52 weeks low/high 94.90
52 weeks low/high
 
 

Risk and fees of ComStage Commerzbank EONIA Index TR UCITS ETF

Risk

GBP 48 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 GBP) 9.33% Risk category
Inception Date 03 September 2008
Maximum drawdown
since inception (in EUR)
-1.26%
Maximum drawdown period 41 Months

Fees

0.10% p.a.
Total expense ratio
0.04% Compare 0.40%
Compare (Money Market)

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 Commerzbank EONIA Index TR UCITS ETF

Return

1 year: 2.60%
Performance (incl. dividend)
Return in:
 
YTD 2016 2015 2014 2013
3.39% 15.50% -5.87% -6.46% 2.47%
1 month 3 months 6 months 1 year 3 years
-0.69% -2.50% 3.31% 2.60% 10.06%
 

Description of ComStage Commerzbank EONIA Index TR UCITS ETF

The ComStage Commerzbank EONIA Index TR UCITS ETF invests in money market instruments and in very short term government bonds without duration risk. The ETF has a EUR currency exposure.

The total expense ratio amounts to 0.10% p.a.. The fund replicates the performance of the underlying index synthetically with a swap. The ComStage Commerzbank EONIA Index TR UCITS ETF is a small ETF with 48m GBP 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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