1. Overview :
This UCITS ETF invests in international investment-grade bonds rated AAA to BBB, with a targeted exposure to intermediate maturities (approximately 5–10 years). The share is denominated in CHF and follows a coupon distribution policy. The fund incorporates ESG criteria into security selection.
2. Benefits :
Allocation to investment-grade issuers providing a defensive credit profile versus more speculative bonds. An intermediate maturity horizon limits exposure to extreme long-term rate movements while delivering current yield. UCITS vehicle, exchange-traded, facilitating liquidity and transparency. ESG integration for investors attentive to extra-financial criteria.
3. Risks :
Exposure to interest-rate risk (sensitivity tied to average maturity), credit risk despite investment-grade quality, and currency risk if underlying securities are not hedged to CHF. Tracking error risk, secondary liquidity risk and constraints related to ESG filters (potential sectoral concentration).
4. Investor profile :
Suitable for investors seeking current income and a defensive/moderate allocation to international bonds with intermediate rate sensitivity and an interest in ESG integration. Less suitable for very short-term horizons or investors seeking strong capital growth.
Total Annual Returns, Including Dividends
The drawdown measures the decline in price from its historical high. It helps assess the fund's downside risk. The calculation includes dividends.
| Volatility | Max drawdown | Sharpe ratio | |
|---|---|---|---|
| 1 year | |||
| 3 years | |||
| 10 years | |||
| Max |