GIS Low Average Duration Fund

ISIN: IE00B4RD5041

Updated 15 October 2018

  • The Fund may use or invest in financial derivatives.

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  • DAILY NAV (ILS)
    11.41
  • DAILY YTD RETURN
    -1.89%
  • 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
    13/05/2010
  • CLASS
    Fixed Income
  • CLASS INCEPTION DATE
    13/05/2010

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 (ILS Hedged)

PRIMARY BENCHMARK DESCRIPTION

ICE BofAML 1-3 Year U.S. Treasury Index (ILS Hedged) is a subset of The ICE BofAML US Treasury Index including all securities with a remaining term to final maturity less than 3 years. The ICE BofAML US Treasury Index tracks the performance of US dollar denominated sovereign debt publicly issued by the US government in its domestic market. Qualifying securities must have at least one year remaining term to final maturity, a fixed coupon schedule and a minimum amount outstanding of $1 billion. Bills, inflation-linked debt and strips are excluded from the Index; however, original issue zero coupon bonds are included in the index and the