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Econopolis EM Government Bonds Fund

Econopolis Emerging Government Bonds Fund is a sub-fund of Econopolis Funds, a Luxembourg domiciled SICAV with multiple compartments that meets the conditions of Directive 2009/65 / EC. Legal form: Limited Company.

  • Global Distributor: Conventum Asset Management SA, 9, Boulevard Prince Henri, L-1724 Luxembourg
  • Distributor in Belgium: Crelan NV, Sylvain Dupuislaan 251, 1070 Anderlecht, Belgium
  • Investment Manager: Econopolis Wealth Management NV, Sneeuwbeslaan 20 bus 12, 2610 Wilrijk (Belgium)
  • Depositary: Banque de Luxembourg, 14, boulevard Royal, L-2449 Luxembourg
  • Financial Agent in Belgium: CACEIS Bank Belgium Branch, Havenlaan 86C bus 320, 1000 Brussels (Belgium)

 

ISIN code

Retail investors (A-share class):

LU1330358422 (Capitalisation), LU1330357457 (Distribution)

Institutional Investors (I share-class):

LU1330375277 (Capitalisation), LU1330373066 (Distribution)

Legal form A sub-fund under Luxembourg law of the SICAV Econopolis Funds
Duration Undetermined, compartment without final maturity
Minimum investment 1/1000th of a share
Type of investment Fixed Income
Investment horizon at least 5 years
Currency EUR

Michaël De Man

Head of Fund Management

 

Maxim Gillis

Senior Fixed Income Analyst

 

The Sub-Fund is suitable for experienced retail and Institutional Investors wishing to attain defined investment objectives. The investors must have experience of volatile products. The investor must be able to accept significant temporary losses, thus, this Sub-Fund is suitable for investors who can afford to set aside the capital for at least 5 years.

The sub-fund’s objective is to offer its shareholders long-term capital gains. This objective will be achieved by investing the assets of the sub-fund in fixed income instruments, as well as cash or similar instruments and without geographical limitation. At least 51% of the assets of the sub-fund wil

The sub-fund aims to generate return from current income and capital appreciation by investing into fixed income securities that have been actively selected by the Investment Manager. The selection will predominantly (i.e. at least 90% of the bond portfolio) include instruments issued by governments, government agencies, supranational bodies and/or government guaranteed issues. The sub-fund is allowed, to a limited extent (i.e. not more than 10% of the bond portfolio) to invest in fixed income instruments issued by corporate entities or other private sector entities that do not benefit from an explicit government guarantee. The sub-fund has the ability to invest in fixed income securities that are issued in local emerging market currencies or fixed income securities that are issued in non-emerging market currencies, with no restriction. The sub-fund’s reference benchmark is a composite of a 30% hard currency EM bond index and 70% EM Local currency index. Maximum weight per issuing country is capped at 15% of the sub-fund’s net assets. The sub-fund is managed actively and will invest in securities based upon macro-economic analysis, specific issuer’s analysis, political analysis, valuations and / or other considerations the investment manager deems appropriate. At least half of the bond portfolio will be invested in investment grade credit at the time of purchase of the relevant fixed income instruments. The remaining part of the bond portfolio will be invested in bonds having a minimum rating of BB- according to Standard & Poor’s or its equivalent for other rating agencies. Up to 49% of the assets of the sub-fund may be held as cash or cash equivalent instruments. There are no limits or restrictions regarding currencies, geographical regions or other specific economic or industrial sectors or niches. The sub-fund may, subject to the limits defined by law, invest in financial derivative products, including, for example, futures, options, forward exchange contracts, credit default swaps or interest rate swaps in order to achieve the investment objectives and for risk hedging purposes

One-off charges taken before or after you invest:

  • Entry charge: maximum 3,00%
  • Exit charge: maximum 3,00%

Charges taken from the fund over a year:

  • Ongoing charge: 1,94% (in the retail A-share class)
  • Ongoing charge: 1,35% (in the institutional I-share class)

Charges taken from the fund under certain specific conditions:

  • Performance fee: none

Withholding tax on dividends for Belgian residents:

  • Capitalisation shares: 0,00%
  • Distribution shares: 30.00% 

Capital gains tax on fixed income part for Belgian residents:

  • Capitalisation shares: 30,00%
  • Distribution shares: 30.00% 

Fiscal treatment according to the legislation in force, based on the individual situation of the investor, subject to changes in the fiscal law)

 

Click here for the most recent factsheet

How can I invest in this fund?

 

There are three ways to invest in the fund:

1) Through Econopolis

You can contact us by telephone: +32 3 3 666 555 or by e-mail: info@econopolis.be

2) Through a financial intermediary

U can ask your retail bank to subscribe in the UCITS fund Econopolis Funds - EM Government Bonds (please check first for the correct share class and ISIN code)

3)Through an online platform

All compartiments of the Econopolis Fund UCITS are available at Bolero (call orderdesk: 0800 628 16).

The Net Asset Value (NAV) of the fund is calculated by the European Fund Administration.

For complaints please address to compliance@econopolis.be or +32 3 3 666 555. In second instance you can contact the Ombudsman of the financial sector via Ombudsman@Ombudsfin.be.

Before deciding to invest in the sub-fund, the prospectus and key investor information must first be read. You can find these documents above.