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XAIA Credit Curve Carry (I) EUR

Ranked 6 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 investment strategy of the fund is based on the exploitation of price differences between CDS (credit default swaps) of different maturities. For this purpose there is used a long and a short position, so that default risks are minimized. Reference entities are companies, banks, governments or other entities who have entered into loan agreements in the context of specific transactions or issues securities.

Showing fund performance in Jersey View performance globally

Performance

Bond Strategies over : 31/05/2017 - 31/05/2018
  • Rank 6/93 Total Return
  • Rank 32/93 Standard Deviation
  • Rank 8/93 Max Drawdown
Fund Name Currency Loss
6 Kames Absolute Return Bond Cons C Acc EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

7 KCD Mikrofinanzfonds (FIS) - Global EUR

-0.4%

8 XAIA Credit Curve Carry (I) EUR EUR

-0.4%

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%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 1.2%
2017 2.2% 0.9% -0.7% 1.2% 0.7%
2016 9.8% 2.4% 1.4% 3.9% 1.8%
2015 -0.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany
  2. Luxembourg

Fund Info

  • Launch date28/07/2015
  • Share Class size37Mn
  • Base currencyEUR
  • ISIN LU1174032117

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Initial investment0

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