C-QUADRAT ARTS Total Return Bond

Transcription

C-QUADRAT ARTS Total Return Bond
C-QUADRAT ARTS
Total Return Bond
Fund Description
Flexible Investment Guidelines - C-QUADRAT ARTS Total Return Bond has flexible in-
vestment guidelines. It may invest up to 100 % of its assets in both bond and (near-)money
market funds as well as bank deposits. To implement this investment policy, the fund management makes increased use of a total return approach.
Technical Trading System - The fund’s management uses a technical trading program
developed by ARTS Asset Management with a short- to medium-term trend-following orientation. Funds showing upward movement in the short to medium term are given the highest
weighting in the portfolio. The investment strategy does not follow a benchmark and instead
seeks to realize long-term absolute growth in all market phases.
Performance since inception: +5.97 % p.a.*
KEY FIGURES
as of 02/13/2015
NAV as of 02/13/2015
205 %
190 %
175 %
160 %
145 %
28,02%
130 %
115 %
5,79%
100 %
1,57%
85 %
70 %
2003 2004
*YTD
2005
7,39%
2,73%
-2,88%
-4,12%
2007
2008
2006
5.36 % *1 year
2009
2010
15.26 % *5 years
2,75%
2011
10,89%
2012
2,04%
2013
43.01 % *5 years p.a.
10,08%
2014 2015
Fund size
Volatility
(since inception)
12m high
12m low
Mod. sharpe ratio
(since inception)
Max. drawdown
(since inception)
Performance 2014
Performance 2013
Performance 2012
177.42 EUR
148.42 EUR
183.91 EUR
66.45 m EUR
3.85 %
178.78 EUR
153.93 EUR
1.60
-9.24 %
10.08 %
2.04 %
10.89 %
7.41 %
Past performance figures are not a reliable indicator of an investment fund’s future development and do not guarantee any similar or equivalent future performance. Every capital investment bears a risk. Prices may rise as well as fall.
Issue and redemption fees have not been taken into account when calculating performance. Performance data have
been calculated using the OeKB (Österreichische Kontrollbank) calculation method. *Calculation provided by Cyberfinancials Datenkommunikation GmbH.
FUND DATA
Investment company
Manager
Custodian of the fund
Distribution policy
Ratings
T:
A:
VTA:
as of December 2014
ISIN code
WKN
Fund currency
Inception date
Subscription fee
Management fee
Lipper Rating (5=highest)
Financial year
Registered for sale in
C-QUADRAT
Kapitalanlage AG
ARTS Asset Management
GmbH
Raiffeisen Bank
International AG
T:
reinvesting
A:
distributing
VTA: fully reinvesting
(outside of Austria)
T:
AT0000634720
A:
AT0000634712
VTA:
AT0000A08ET0
T:
A0B6WZ
A:
A0B6WY
VTA:
A0NFHH
EUR
11/24/2003
Up to 5.00 %
1.10 % p.a. (+ 10.00 %
performance fee - highwater-mark)
01.01. - 31.12.
AT/DE
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Risk return profile
6,30%
6,30%
6,20%
6,00%
6,10%
5,70%
CQ ARTS TR Bond
6,00%
5,90%
MSCI
World EUR
5,80%
5,70%
0,00%
4,00%
8,00% 12,00% 16,00% 20,00%
Risk (Volatility p.a.)
As component of equities portfolio (MSCI World
EUR)
Return ( p.a.)
Return ( p.a.)
(11/24/2003 - 02/13/2015)
CQ ARTS TR Bond
5,40%
5,10%
JPM
GBI
EUR
4,80%
4,50%
4,20%
2,70% 3,60% 4,50% 5,40% 6,30% 7,20% 8,10%
Risk (Volatility p.a.)
As component of bond portfolio (JPM GBI EUR)
The above diagrams show the changes in the risk/return profile where C-QUADRAT ARTS Total Return Bond is included
as a component of an equities portfolio (diagram on left) or a bond portfolio (diagram on right) in increments of 10. Calculation provided by Cyberfinancials Datenkommunikation GmbH.
Allocation by Region
Best Positions
as of 12/31/2014
last 6 months by holding performance
10,2 %
3,5 %
3,3 %
10,5 %
11,3 %
61,2 %
European Union
World
China
Deutsche Invest I China Bonds A2 (.
August - February China
19.96 %
Fidelity Funds - Asian Bond Fund A.
August - February Far East
19.30 %
KBC Renta Swissrenta (CHF) Acc
November - February Europe
19.15 %
Parvest Bond Asia ex-Japan C(lassi.
August - February Far East ex Japan
18.77 %
JPMorgan Funds - Global Corporate.
August - February World
18.56 %
These portfolio data are gross numbers and based on the most recently available information sources and may
therefore deviate from the portfolio data indicated in the fund’s accounting (legal/factual inventory).
Flexible investment strategy: Bond or money
market investments are made according to market
trends and investment policies. The aim of the
portfolio management is to invest your money in
the most promising asset classes.
Avoidance of long-term drawdowns: Systematic
risk management is embedded in the total-returnmodel - acting free of human emotions – and trying to avoid long-term drawdowns.
The basis for the purchase of investment units is the
presently valid prospectus, the annual report and, if
older than eight months, the semi-annual report. Potential investors may obtain the current German-language versions of the key investor document ("KID"
or "KIID") and the published prospectus (including
fund regulations) for the C-QUADRAT ARTS Total Return Bond free-of-charge from C-QUADRAT Kapitalanlage AG, Schottenfeldgasse 20, A-1070 Vienna, Austria, as well as from the registered seat of the paying
agent and information office in Germany, Hauck &
Aufhäuser Privatbankiers KGaA, Kaiserstrasse 24,
60311 Frankfurt am Main, Germany. They are also
available at www.c-quadrat.com.
The income-retaining tranche of the C-QUADRAT
ARTS Total Return Bond may only be purchased or
held by unit holders who are either not subject to
Austrian income or corporate income tax or who
fulfill the requirements for exemption pursuant to
§ 94 of the Austrian Personal Income Tax Act or for
exemption from Austrian investment income tax.
Accordingly, other categories of investors may not
be invited to subscribe for this investment fund.
Fund-based investments are exposed to general economic risks as well as fluctuations in value. Trends
may change and lead to negative return developments. Trend-following trading software may overweight or underweight trends.
Notice to the end investor: Your bank or investment
adviser can obtain the subscription fee. The management fee can include a distribution remuneration that
your bank or investment adviser could (also partially)
receive. The products are obtainable at your bank or
savings bank or through your investment adviser.
Licence of C-QUADRAT Kapitalanlage AG: Management of investment funds in accordance with the
Austrian
Investment
Fund
Act
(Investmentfondsgesetz, InvFG) as well as investment advice and portfolio management in accordance with the Austrian Securities Supervision Act
(Wertpapieraufsichtsgesetz, WAG).
Europe
Emerging Markets
Others
Opportunities / Advantages
This marketing document is provided for information
purposes only and does not represent any offering or
invitation to purchase or sell units in an investment
fund, and nor should it be deemed an invitation to
submit an offer for conclusion of any contract on investment services or collateral performance. This
document cannot replace the advice of your personal
investment advisor.
Risks
If the fund invests in an asset class based on a
present upward trend, this development nevertheless may give way to a downward trend.
Upward trends can only be profitable upon investment in the relevant asset class.
Downward trends can only be avoided, upon disinvestment.
We wish to inform our clients that the scale of normal market fees charged by investment firms can be
viewed on the website of the Austrian Financial Market Authority (FMA) (www.fma.gv.at). C-QUADRAT
Kapitalanlage AG is not permitted to accept client
funds for performing its investment services. C-QUADRAT Kapitalanlage AG incorporates products of the
C-QUADRAT Group in the range of services which it
offers you. This includes, in particular, the investment
funds of C-QUADRAT Kapitalanlage AG and the structured products of C-QUADRAT Investment AG.
©2015 Morningstar. All rights reserved. Please find
details
of
the
Morningstar
Rating
at
www.morningstar.de.
CONTACT INFORMATION
Info-hotline:
e-mail:
Internet:
+43 1 515 66-0
[email protected]
www.c-quadrat.com,
www.arts.co.at
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