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XAIA Credit Basis II (I)

Ranked 28 out of 93 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Jochen Felsenheimer

Dr. Jochen Felsenheimer is a managing director at XAIA Investment GmbH. He holds a PhD in Macroeconomics, and is the author of several published books and research articles focusing on credit derivatives, as well as credit markets and topics concerning Macroeconomics. Prior to co-founding XAIA Investment he co-founded the Credit Department at Assenagon in 2009, and previously served as the head of global Credit Strategy Research at UniCredit Group.

Wolfgang Klopfer

Dr. Wolfgang Klopfer studied mathematics, physics and information sciences at the Technical University of Munich where he also earned his PhD in mathematics. He is the chief executive officer of XAIA Investment GmbH having co-founded the credit department at Assenagon. He also spent 11 years at UniCredit Group holding various senior trading positions - lastly as divisional head of Proprietary Trading.

Objective

The fund aims to achieve a significant excess return to 3-month Euribor. The fund uses price differences between bonds and credit default swaps (credit default swaps, CDS) to identical debtor. Portfolio consists mainly of bonds, convertible bonds, structured and hybrid bonds, bonds and asset-backed securities. Interest rate and currency risks are hedged through appropriate hedging instruments.

Showing fund performance in Jersey View performance globally

Performance

Bond Strategies over : 31/05/2017 - 31/05/2018
  • Rank 28/93 Total Return
  • Rank 14/93 Standard Deviation
  • Rank 11/93 Max Drawdown
Fund Name Currency Return
26 LBBW Pro-Fund Credit I EUR

0.4%

27 Vontobel Fund TwentyFour Abs Ret Credit Fund AQHN EUR

0.4%

28 XAIA Credit Basis II (I) EUR

0.3%

29 PIMCO GIS Credit Absolute Return I EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

0.2%

30 Kames Absolute Return Bond Cons C Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.1%

Fund Name Currency Risk
12 PIMCO Select Unconstrained Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

0.8

13 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

0.8

14 XAIA Credit Basis II (I) EUR

0.9

15 Kames Absolute Return Bond Global C Acc EUR (Hgd)

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9

16 JPM Income Opportunity A (perf) Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

1.0

Fund Name Currency Loss
9 KCD-Mikrofinanzfonds - III EUR

-0.5%

10 Bel Air Product Strategy Dynamic USD C EUR Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.5%

11 XAIA Credit Basis II (I) EUR

-0.6%

12 Kames Absolute Return Bond Global C Acc EUR (Hgd)

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

13 Loomis Sayles Strategic Alpha Bond Fund H-R/A EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 0.3%
2017 0.6% 0.4% -0.2% 0.3% 0.0%
2016 1.1% -0.3% 0.3% 0.8% 0.3%
2015 -1.0% 0.7% 0.2% 0.0% -2.0%
2014 2.8% 1.0% 0.8% 0.7% 0.2%
2013 4.3% 1.2% 1.0% 1.1% 0.9%
2012 5.1% 1.4% 1.2% 1.1% 1.2%
2011 3.9% 1.2% 1.4% 0.9% 0.3%
2010 1.3% 1.2% 1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Germany
  3. Luxembourg

Fund Info

  • Launch date11/01/2010
  • Share Class size458Mn
  • Base currencyEUR
  • ISIN LU0462885301

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.80%
  • Initial investment0.8

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).