AR | Currency | |
|---|---|
| Type | Conventional |
| Investment Manager | |
| Issuer | |
| Outlook | |
| Risk Type | |
| Redemption Frequency | Monthly |
| Subscription Frequency | During the initial subscription. Or Re-open for limited Period |
| Minimum Subscription | 100 |
| Subscription Fees | 0 |
| Redemption Fees | Contingent Deferred Fees apply |
Azimut Fixed Income Fund – Target AZ USD
10.34USD
Azimut Target Maturity USD is an open-ended fund investing in Foreign currency Fixed income Products .
Past Performance
Year to Date
-0.59%
1 Year
-1.12%
5 Years
N/A
Since Inception
3.35%
Inception Date
14-Mar-22
Last Price Date
17-Sep-23
Investment Strategy
Azimut Target Maturity Fixed Income Fund – USD : USD deposits & cash equivalent up to 100%. Eurobond & USD dominated bills up to 100%. Corp. Bonds dominated in USD up to 40%. USD Egyptian companies & Gov. Sukuk up to 10%. USD dominated CDs up to 100%.
Fund Objective
The fund aims to achieve special periodic returns by investing in fixed income instruments in different currencies according to the tranche currency, aiming to make periodic distributions to the IC holders while each tranche adopts a pacific maturity strategy.
