Evli Euro Government Bond

Long-term fixed income fund that invests in EEA member state euro-denominated bonds with high credit ratings

NAV
22.09.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
16.251 -14.52 -15.57 -5.46 -1.69 3.98
NAV
22.09.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
44.122 -14.52 -15.57 -5.46 -1.69 3.98
NAV
22.09.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
28.398 -14.30 -15.27 -5.13 -1.34 2.28
NAV
22.09.2022
Return %
Year-To-Date
Return %
1 y
Return % p.a.
3 y
Return % p.a.
5 y
Return % p.a.
Since start
46.433 -14.30 -15.27 -5.13 -1.34 2.28

Risk

3/7

Morningstar

3/5

Recommended Investment Horizon

3 years or more

Administrative fees

0.65 % p.a.

Suitable for investors

  • who wish to invest directly in the government bond wholesale market, intended for large investors, in order to earn a higher return than that offered by bonds intended for private individuals
  • who seek more stable returns than those of equity investments
  • who wish to invest in a well-diversified and first-class portfolio of government bonds
  • who want to invest responsibly and take into account not only economic analysis but also environmental, social and good governance (ESG) factors.

Invest

min. 1 000 € or 50 €/month

Investment Policy

Evli Euro Government Bond Fund is a long-term fixed income fund. The fund invests its assets in bonds with first-class credit ratings issued or guaranteed by member states of the euro zone. The fund seeks additional returns with respect to the benchmark index with its active fixed income view and by exploiting the development of the credit risk margins of the bonds of EMU member states.

 

The portfolio is managed by

Juhana Heikkila

Juhana Heikkilä

Investment Objective and Risks

The aim is to earn a return that, over a period of more than two years, exceeds the return of the benchmark index.

The fund’s investments carry a credit risk

Credit risk originates from a bond issuer’s ability to repay the bond’s coupons and capital on the maturity date. Since the fund invests in bonds issued or guaranteed by governments in the euro zone, the bonds’ expected default risk is small.

The fund’s value is affected by interest rate risk

A decrease in interest rates raises the value of the fund, while an increase reduces the value of the fund. Interest rate risk may be measured with the average remaining exercise period (duration). Interest rate risk indicates how sensitive the value of the fund is to changes in interest rates. Long-term fixed income funds are much more sensitive to interest rate movements than money market funds. The value of the fund may fluctuate heavily if there are substantial changes in interest rates.

Fund facts

Type of fund Euro-zone long-term fixed income fund (UCITS)
Investment activity began 16.12.1994
Benchmark index

ICE BofAML Euro Government Index (EG00) as of February 14, 2020

Profit distribution Fund-units are divided into A and B units. Profit share of at least 3% is distributed on A units annually.

Responsibility and consideration of sustainability factors

Sustainability information in accordance with Article 6 of the EU SFDR Regulation 2019/2088 (sustainability‐related disclosures in the financial services sector).

Sustainability risks are not taken into account in investment decisions

The funds do not take sustainability risks or other sustainability factors into account in their investments. In their investment activities, the funds use instruments for which broad data related to sustainability studies and risks are not available. When realized, material sustainability risks can affect the financial performance of the fund’s investment instruments, and therefore the fund’s return.

EU Taxonomy information

The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities.

Read more about Evli's responsible investing

Downloadable files

Invest

min. 1 000 € or 50 €/month