Generali Investments Sicav (GIS) Euro Bond
Objective
The objective of this Sub-Fund is to outperform its benchmark by investing in quality debt securities denominated in Euros. The GIS Euro Bond invests across the whole maturity range.
Aims to achieve alpha generation through:
Highly active duration and yield curve management, providing a risk-adjusted hedge against volatility and equity exposure and an ideal bond portfolio building block
Diversified portfolio that includes peripheral European country debt
Rigorous ESG process as an Article 8 fund under SFDR
Long and established track record of 20+ years, with a well-recognized and skilled fund manager
Portfolio managers
MAURO VALLE, CFA
Head of Fixed Income Active Management
25+ years of experience
Citywire AA-rated manager1
Joined Generali Group in 1994 as an Analyst
Government bond portfolio manager since 2011
Mauro previously worked at Banca Commerciale Italia (now Intesa Sanpaolo) in Milan and JP Morgan Asset Management in London
Mauro is a CFA charterholder and has a master’s degree in Business Administration from Clemson University (United States) and a bachelor’s degree in Economics from Università di Trieste (Italy)
Fund Facts
ASSET CLASS
Fixed Income
INVESTMENT UNIVERSE
At least 60% of net assets in Euro-denominated government bonds
The fund may invest up to 30% of its net assets in securities with sub-investment grade rating
BENCHMARK
100% JPM EMU Government All Mats (TR)
INCEPTION DATE
April 2002
SFDR2
Art. 8.: change of investment strategy (ESG approach): 08/07/2022
ESG CRITERIA PROCESS
Applied on an ongoing basis to select securities covering at least 90% of the fund’s portfolio
RISK PROFILE
Summary risk indicator3: 3 low risk class (assuming you keep the product for 6 years)
Lower risk
Higher risk
1Source Citywire ranking: https://citywire.com/it/manager/mauro-valle/d5145
2*SFDR: Sustainable Finance Disclosure Regulation. In accordance with Regulation (UE) 2019/2088 of the European Parliament and of the Council of the 27 november 2019 on sustainability-related disclosures in the financial services, The Fund promote, among other characteristics, environmental or social characteristics, or a combination of those characteristics as per Article 8 of Regulation (EU) 2019/2088 on sustainabiliy-related disclosures in the financial services sector ("SFDR"). GIS_Euro_Short_Term_Bond_Summary_SFDR_EN.pdf
3The summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not able to pay you. We have classified this product as 3 out of 7, which is a low risk class.
Main risks*: Derivatives risk, Credit risk, Sustainable Finance. The Sub-fund may invest in securities rated below investment grade, which present greater risk of loss to principal and interest than higher-quality securities.
*The risk factors are described extensively in the prospectus. The historical data used for the calculation of the synthetic risk indicator cannot be considered as a reliable indication of the risk profile of the product. The risk category associated with the product is not guaranteed and may change over time. The initial investment is not guaranteed. For further information on the risks of the sub-fund, please refer to the relevant section of the prospectus available on our website www.generali-investments.com or on the website of Generali Investments Luxembourg S.A. (Management Company of Generali Investments SICAV) www.generali-investments.lu and at the Authorised Distributors.
