UC AXI Global CoCo Bonds UCITS – EUR share class

ISIN: LU1873136789

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“First ETF on AT1 and RT1 capital instruments offering exposure to the entire contingent convertible (CoCo) bond market                                                                                                                                                                               

UC AXI Global CoCo Bonds UCITS – EUR Hedged – LU1873136789

 

The objective of UC AXI GLOBAL COCO BONDS UCITS ETF is to track the performance of the Solactive AXI Liquid Contingent Capital Global Market TR Index – EUR hedged. The fund aims to provide a quick access to the broad CoCo bonds market.

Additional Tier 1 or Restricted Tier 1 instruments are junior subordinated debt securities issued by financial institutions and are included in capital ratios. They can be converted into equity or have their principal partially or completely written off if the issuer’s capital ratio falls below a specific contractual trigger.

Fund name: UC AXI Global COCO Bonds UCITS ETF
Management company: Structured Invest S.A. (SI)
Investment manager : Axiom Alternative Investments SARL. (“Axiom”)
Market Maker: UniCredit Bank AG, Flow Traders, Citi,
Index sponsor: Solactive AG (Frankfurt/Main, Germany)
Central admin/Depos./Transfer Agent: CACEIS Bank S.A., Luxembourg Branch (“CACEIS”)
Auditor: Deloitte Luxembourg
Legal form: Mutual fund/FCP
Fund type: UCITS ETF
Inception date: 28 February 2019
Fund currency: EUR
Index name: Solactive AXI Liquid Contingent Capital Global Market TR Index – EUR Hedged
Investment universe: CoCo bonds issued by Financial Institutions (AT1 and RT1s)
1 m FX-Forwards as well as EUR-cash and USD-cash
Replication method: Physical
Securities lending: Yes
All-in Fee: Up to 0.65%
Eligible for fund of funds: Yes
Passported to: Germany, France, UK, Italy, Austria
Client group: Professionals clients and eligible counterparts according to MiFID II
Share classes: 1 institutional EUR hedged share class (listing currency: EUR)
Initial Share Price: EUR 100,000.00
Currency hedging: Yes
Bloomberg Ticker/Reuters RIC: CCNV GY/CCNV.DE
Overview

UC AXI Global CoCo Bonds UCITS – EUR Hedged 

Cumulative Performance

1 month

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1 year

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5 years

Creation

Annualized Performance

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5 years

10 years

Creation

"N.A" indicates that there is not enough historical data

All information is provided to assist you in your independent investment decision. The information provided is no substitute for inquiries and advice from your advisor, and does not constitute a personal recommendation by the management company Structured Invest S.A. that established the fund or the sales office. This fund information document supplements the information provided in the Key Investor Information Document (KIID). Only the information provided in the Key Investor Information Document, prospectus and current annual and semi-annual reports is binding. These documents may be downloaded from www.structuredinvest.lu or requested free of charge from Structured Invest S.A, 8-10 rue Jean Monnet, L-2180 Luxemburg.

Please refer to the prospectus for information on data protection. This information is not intended for natural or legal persons whose place of residence or registered office is subject to a foreign legal system that imposes restrictions on the dissemination of information of this kind. In particular, this information does not contain either an offer or a solicitation to purchase securities that is directed to citizens of the USA, Great Britain or countries of the European Economic Area in which the requirements for such an offer are not fulfilled. This information is not a financial analysis. Therefore, no guarantee can be given of impartiality that would satisfy the requirements of the law. In addition, there is no prohibition on trading, as there is before a financial analysis is published. Costs incurred when purchasing units of the fund reduce the return on investment.

Index disclaimer

Solactive AG (“Solactive”) is the licensor of Solactive AXI Liquid Contingent Capital Global Market TR Index – EUR hedged. (the “Index”). The financial instruments that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to: (a) the advisability in investing in the financial instruments; (b) the quality, accuracy and/or completeness of the Index; and/or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive shall not be liable for any damages suffered or incurred as a result of the use (or inability to use) of the Index.