UC AXIOM Global CoCo Bonds UCITS ETF - EUR share class

UC AXIOM Global CoCo Bonds UCITS – EUR share class

ISIN: LU1873136789

manager

Adrian Paturle

ECHELLE DE RISQUE

4/7

Download the monthly report

Download the latest memo

Download the Prospectus

Download the KIID

Download NAV

:

“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.

Characteristics

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:	SICAV
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

Documentation

One pager

Overview

UC AXI Global CoCo Bonds UCITS – EUR Hedged

Cumulative Performance

1 month

3 months

1 year

3 years

5 years

Inception

Annualized Performance

3 years

5 years

10 years

Inception

"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.

DISCLAIMER

The information in this publication is based on carefully selected sources believed to be reliable. However we do not make any representation as to its accuracy or completeness. Any opinions herein reflect our judgement at the date hereof and are subject to change without notice. Any investments presented in this report may be unsuitable for the investor depending on his or her specific investment objectives and financial position. Any reports provided herein are provided for general information purposes only and cannot substitute the obtaining of independent financial advice. Private investors should obtain the advice of their banker/broker about any investments concerned prior to making them. Nothing in this publication is intended to create contractual obligations. Corporate & Investment Banking of UniCredit consists of UniCredit Bank AG, Munich, UniCredit Bank Austria AG, Vienna, UniCredit S.p.A., Rome and other members of the UniCredit. UniCredit Group and its subsidiaries are subject to regulation by the European Central Bank. In addition UniCredit Bank AG is regulated by the Federal Financial Supervisory Authority (BaFin), UniCredit Bank Austria AG is regulated by the Austrian Financial Market Authority (FMA) and UniCredit S.p.A. is regulated by both the Banca d’Italia and the Commissione Nazionale per le Società e la Borsa (CONSOB).

Note to UK Residents:

In the United Kingdom, this publication is being communicated on a confidential basis only to clients of Corporate & Investment Banking of UniCredit (acting through UniCredit Bank AG, London Branch) who (i) have professional experience in matters relating to investments being investment professionals as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FPO”); and/or (ii) are falling within Article 49(2) (a) – (d) (“high net worth companies, unincorporated associations etc.”) of the FPO (or, to the extent that this publication relates to an unregulated collective scheme, to professional investors as defined in Article 14(5) of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 and/or (iii) to whom it may be lawful to communicate it, other than private investors (all such persons being referred to as “Relevant Persons”). This publication is only directed at Relevant Persons and any investment or investment activity to which this publication relates is only available to Relevant Persons or will be engaged in only with Relevant Persons. Solicitations resulting from this publication will only be responded to if the person concerned is a Relevant Person. Other persons should not rely or act upon this publication or any of its contents.

The information provided herein (including any report set out herein) does not constitute a solicitation to buy or an offer to sell any securities. The information in this publication is based on carefully selected sources believed to be reliable but we do not make any representation as to its accuracy or completeness. Any opinions herein reflect our judgement at the date hereof and are subject to change without notice.

We and/or any other entity of Corporate & Investment Banking of UniCredit may from time to time with respect to securities mentioned in this publication (i) take a long or short position and buy or sell such securities; (ii) act as investment bankers and/or commercial bankers for issuers of such securities; (iii) be represented on the board of any issuers of such securities; (iv) engage in “market making” of such securities; (v) have a consulting relationship with any issuer. Any investments discussed or recommended in any report provided herein may be unsuitable for investors depending on their specific investment objectives and financial position. Any information provided herein is provided for general information purposes only and cannot substitute the obtaining of independent financial advice.

UniCredit Bank AG London Branch, Moor House, 120 London Wall, London, EC2Y 5ET, is subject to regulation by the European Central Bank (ECB) and is authorised by Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our regulation by the Financial Conduct Authority and Prudential Regulation Authority are available from us on request.

Notwithstanding the above, if this publication relates to securities subject to the Prospectus Directive (2005) it is sent to you on the basis that you are a Qualified Investor for the purposes of the directive or any relevant implementing legislation of a European Economic Area (“EEA”) Member State which has implemented the Prospectus Directive and it must not be given to any person who is not a Qualified Investor. By being in receipt of this publication you undertake that you will only offer or sell the securities described in this publication in circumstances which do not require the production of a prospectus under Article 3 of the Prospectus Directive or any relevant implementing legislation of an EEA Member State which has implemented the Prospectus Directive.

Note to US Residents:

The information provided herein or contained in any report provided herein is intended solely for institutional clients of Corporate & Investment Banking of UniCredit acting through UniCredit Bank AG, New York Branch and UniCredit Capital Markets LLC (together “UniCredit”) in the United States, and may not be used or relied upon by any other person for any purpose. It does not constitute a solicitation to buy or an offer to sell any securities under the Securities Act of 1933, as amended, or under any other US federal or state securities laws, rules or regulations. Investments in securities discussed herein may be unsuitable for investors, depending on their specific investment objectives, risk tolerance and financial position.

In jurisdictions where UniCredit is not registered or licensed to trade in securities, commodities or other financial products, any transaction may be effected only in accordance with applicable laws and legislation, which may vary from jurisdiction to jurisdiction and may require that a transaction be made in accordance with applicable exemptions from registration or licensing requirements.

All information contained herein is based on carefully selected sources believed to be reliable, but UniCredit makes no representations as to its accuracy or completeness. Any opinions contained herein reflect UniCredit’s judgement as of the original date of publication, without regard to the date on which you may receive such information, and are subject to change without notice.

UniCredit may have issued other reports that are inconsistent with, and reach different conclusions from, the information presented in any report provided herein. Those reports reflect the different assumptions, views and analytical methods of the analysts who prepared them. Past performance should not be taken as an indication or guarantee of further performance, and no representation or warranty, express or implied, is made regarding future performance.

We and/or any other entity of Corporate & Investment Banking of UniCredit may from time to time, with respect to any securities discussed herein: (i) take a long or short position and buy or sell such securities; (ii) act as investment and/or commercial bankers for issuers of such securities; (iii) be represented on the board of such issuers; (iv) engage in “market-making” of such securities; and (v) act as a paid consultant or adviser to any issuer.

The information contained in any report provided herein may include forward-looking statements within the meaning of US federal securities laws that are subject to risks and uncertainties. Factors that could cause a company’s actual results and financial condition to differ from its expectations include, without limitation: Political uncertainty, changes in economic conditions that adversely affect the level of demand for the company’s products or services, changes in foreign exchange markets, changes in international and domestic financial markets, competitive environments and other factors relating to the foregoing. All forward-looking statements contained in this report are qualified in their entirety by this cautionary statement.

Confirmation of understanding and acceptance of terms

By clicking on the “Agree” button below, you confirm, represent and warrant to the Company and to the Manager that you are not located in any Restricted Jurisdiction and you agree that you will not forward, distribute or send any materials contained in this website to any person located in a Restricted Jurisdiction.

I have read and understood the terms set out above, which I understand may affect my rights and I agree to be bound by those terms. By clicking on the “Agree” button below, I confirm that I am permitted to access the website.