DWS Invest Euro High Yield Corporates USD LCH (Closed)
PSPL Risk Classification: High
The objective of the investment policy of the Sub-Fund is to generate an above-average return for the Sub-Fund.
At least 70% of the Sub-Fund’s assets are invested globally in corporate bonds that offer a non-investment grade status at the time of acquisition. Up to 30% of the Sub-Fund’s assets may be invested in corporate bonds that do not meet the above mentioned criteria.
The Fund Manager aims to hedge any currency risk versus the euro in the portfolio.
Fund Information
- Asset Class:Fixed Income
- Sector:High Yield
- Geography:Europe
- Benchmark index:ML Euro BB-B Non-Financial Fixed & FRN High Yield Constrained
- Launch Date:21 Jul 2014
- Launch Price:100
- Fund Currency:USD
- Fund Source: CASH
- CPF Risk Classification:
- Price Made Known On:T+2
- Price Type:Net Asset Value
- Dealing Cut Off Time:3:00PM Spore Time
Information
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
Minimum Investment Amount | USD 1000 | - | - | - |
Minimum Subsequent Investment | USD 100 | - | - | - |
Minimum Redemption Amount ($)/units | USD 100 | - | - | - |
Relevant Charges
Cash | CPFOA-IA | CPFSA-IA | SRS-IA | |
---|---|---|---|---|
POEMS Sales Charge | 0% | - | - | - |
Internal Switch-in Charge/Min Switch-in Charge | 0.00 % / $ 0.00 | - | - | - |
External Switch-in Charge | NA | - | - | - |
Redemption/Realisation Charge | NA | - | - | - |
Annual Management Fee | 1.1% | - | - | - |
Annual Trustee Fee | - | - | - | |
Expense Ratio | 1.21% | - | - | - |
Fund Manager Sales Charge | NA | - | - | - |
Admin Fee | NA | - | - | - |