GIS Low Average Duration Fund

ISIN: IE00B0MD9K96

Updated 17 October 2018

  • The Fund may use or invest in financial derivatives.

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  • DAILY NAV (USD)
    10.77
  • DAILY YTD RETURN
    -1.03%
  • TOTAL NET ASSETS (USD)
    1,302 MM
    (as of 30/09/2018)
  • TOTAL NET ASSETS (USD)
    1,302 MM
    (as of 30/09/2018)
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/10/2005
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    28/10/2005

Objective

The investment objective of the Low Average Duration Fund is to seek to maximise total return, consistent with the preservation of capital and prudent investment management.

Overview

Fund Description

The Low Average Duration Fund is a diverse portfolio of short-duration, high-quality, fixed-income instruments. The fund typically invests at least two-thirds of its assets in a diverse portfolio of fixed income instruments with an average duration of one to three years, and may include forwards or derivatives such as options, futures contracts or swap agreements.

Investor Benefits

This fund is actively managed to maximise total return by employing macroeconomic analysis and issue selection suitable for all market conditions.

The Fund Advantage

The fund employs multiple concurrent strategies, taking modest risk in each in order to reduce the risk of poor performance due to any single source.

PRIMARY BENCHMARK

ICE BofAML 1‑3 Year U.S. Treasury Index

PRIMARY BENCHMARK DESCRIPTION

The ICE BofAML 1-3 Year U.S. Treasury Index is an unmanaged index comprised of U.S. Treasury securities, other than inflation-protection securities and STRIPS, with at least $1 billion in outstanding face value and a remaining term to final maturity of at least one year and less than three years. It is not possible to invest directly in an unmanaged index.

DIVIDEND FREQUENCY

SHARE CLASS INCEPTION

28/10/2005

OLDEST SHARE CLASS

OLDEST SHARE CLASS INCEPTION

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BASE CURRENCY

ISIN

IE00B0MD9K96

TICKER

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SEDOL

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SHARE CLASS CURRENCY

CUSIP

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