SHELTER INVEST SHORT TERM INCOME

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ShelteR Invest Short Term Income is a sub-fund that aims to achieve a return comprising income and capital gains from the investment in a portfolio of bonds and commercial papers having a maturity of up to 18 months.

The selection process involves a top-down approach, i.e., cherry picking of the best companies in the designated geographic areas and sectors, followed by a bottom-up approach. The bottom-up approach consists of a quantitative and qualitative analysis of the issuers.

The sub-fund intends to achieve its objective by investing mainly directly in investment grade corporate and government bonds, commercial papers and UCITS or other UCIs investing in short term bonds. The sub-fund may invest up to 20% of its net assets in high yield or non-rated bonds. The sub-fund may invest principally in Euro-denominated bonds from countries belonging to EEA and/or G20 and/or OECD.

A bond is considered investment grade or IG if its credit rating is BBB- or Baa3 or higher. A high yield bond is a high paying bond with a lower credit rating than investment grade bonds.

EVOLUTION OF THE NAV IN EUR

NAV YTD
EUR %

Last update:

Fund - Benchmark


Annualized Performance

2Y 3Y 5Y 10Y Since
Incep.
ShelteR Invest - Short Term Income x% x% x% x% x%
Benchmark x% x% x% x% x%

Cumulative Performance

YTD 1M 3M 6M 1Y
ShelteR Invest - Short Term Income x% x% x% x% x%
Benchmark x% x% x% x% x%

Annualized Volatility

1M 3M YTD 1Y 3Y
ShelteR Invest - Short Term Income x% x% x% x% x%
Benchmark x% x% x% x% x%
IMPORTANT NOTICE: The sub-fund is a successor to the Belgian SICAV Securex B Fund Cash which has been in existence since 28/10/2008. The sub-fund ShelteR Invest Short Term Income has been created from the absorption of all of the assets of Securex B Fund Cash and is live under the SICAV ShelteR Invest since 12/10/2015. Past performance performed by the fund prior to that important change continue to be included in returns. The historical performance as of 12/10/2015 for the retail share class is simulated by using actual data from the institutional share class. Past performance is not a reliable indication of future returns. The figures relate to the retail share class. Source: ShelteR Investment Management, data from 12/10/2009.
Volatility is the degree of variation of the NAV of the sub-fund over time as measured by the standard deviation of logarithmic returns. It refers to the amount of uncertainty or risk about the size of changes in the NAV.

Key Information

ISIN Share Class I

LU1248420421

ISIN Share Class R

LU1248420694

Bloomberg ticker

SHSTIEA LX Equity

Benchmark

Euribor 3M

NAV

EUR

AUM

EUR

Recommended horizon

Minimum 3 years

Duration

No maturity date

Minimum subscription

Share Class I: 500.000 EUR
Share Class R: 1.000 EUR

Exit tax

1.32% (max 4.000 EUR)

Withholding tax on dividends

Not applicable for this dividend policy

Type of fund

UCITS

Fund legal type

SICAV governed by Luxembourg law

Passporting

Belgium, Luxembourg, France

Dealing frequency

Daily

Cut off time

D-1, 12.00

Launch date Share Class I

12/10/2015

Launch date Share Class R

10/10/2016

Settlement deadline

D+3

Currency

EUR

Dividend policy

Accumulation

Issue price

100 EUR

Key Documents

Product Sheet Class R PDF
KIID Share Class I PDF
KIID Share Class R PDF
Factsheet Class R PDF
Prospectus PDF

Fees

Management Fees

Share Class I: 0.15% p.a.
Share Class R: 0.40% p.a.

Performance fees

None

Entry fees

Maximum 5.00%

Ongoing charges

Maximum 2.50% p.a.

Regional Allocation

Sector Allocation

Top Constituents

Name ISIN Weight
IMPORTANT NOTICE: The sub-funds in the portfolio may not be available in Belgium, please verify with your investment advisor.

Important notices

Prior to an investment, prospective investors should carefully read the latest Key Investor Information Document (KIID) as well as the offering documentation, including but not limited to the sub-fund’s prospectus which contains inter alia a comprehensive disclosure of applicable risks. These documents can be obtained free of charge on this website or upon request to the Management Company.

The net asset values are available every business day on our website www.shelter-im.com and on www.fundinfo.com.

For any claim please contact the ShelteR-IM claim service via claim@shelter-im.com or the external mediation service via +3227025220 or contact@mediationconsommateur.be.

The performance information on this web page refers to past performance. Past performance is not a reliable indication of future returns.

The data shown on his page is not real-time, i.e. it may be delayed due to mandatory requirements of the data provider. As a consequence, the price of the product linked to a specific underlying you are quoted by your broker or intermediary may substantially differ from the price of the product that you would expect on the basic of the date deployed on this site. ShelteR-IM accepts no responsibility for loss, however caused resulting from errors in this data.

Swing pricing is applicable and aims to protect existing investors from the performance dilution effects they may suffer as a result of transactions by other investors in the fund.

Risk Scale

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    rewards
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Risks incurred

Counterparty risk

The insolvency of any institutions acting as counterparty to derivatives or other instruments, may expose the sub-fund to financial loss.

Operational risk

The insolvency of any institutions providing services such as safekeeping of assets may expose the sub-fund to financial loss.

Currency risk

The sub-fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment.

For more information on risks, please see the sub-fund’s prospectus.