Evli Euro Government Bond
Long-term fixed income fund that invests in EEA member state euro-denominated bonds with high credit ratings
| NAV 04.12.2023 |
Return % Year-To-Date |
Return % 1 y |
Return % p.a. 3 y |
Return % p.a. 5 y |
Return % p.a. Since start |
|---|---|---|---|---|---|
| 15.846 | 4.05 | -0.67 | -5.73 | -1.62 | 3.83 |
| NAV 04.12.2023 |
Return % Year-To-Date |
Return % 1 y |
Return % p.a. 3 y |
Return % p.a. 5 y |
Return % p.a. Since start |
|---|---|---|---|---|---|
| 44.370 | 4.05 | -0.67 | -5.73 | -1.62 | 3.83 |
| NAV 04.12.2023 |
Return % Year-To-Date |
Return % 1 y |
Return % p.a. 3 y |
Return % p.a. 5 y |
Return % p.a. Since start |
|---|---|---|---|---|---|
| 28.677 | 4.39 | -0.32 | -5.40 | -1.27 | 2.17 |
| NAV 04.12.2023 |
Return % Year-To-Date |
Return % 1 y |
Return % p.a. 3 y |
Return % p.a. 5 y |
Return % p.a. Since start |
|---|---|---|---|---|---|
| 46.890 | 4.39 | -0.32 | -5.40 | -1.27 | 2.17 |
Risk
Morningstar
Recommended Investment Horizon
Administrative fees
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 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.
Downloadable files
min. 1 000 € or 50 €/month
Historical returns are no guarantee of future returns.
This page provides general product information and is a marketing communication. Historical returns are no guarantee of future returns. The value of an investment may rise and fall and the investor may lose some or all of the capital invested. The contents of this website should not be considered as investment advice and should not be relied upon in making an investment decision. Before making an investment decision, you should consult the fund's legal documents, such as the fund rules, the key investor document and the fund prospectus. The statutory documents and additional information of the funds are available on the product-specific pages and on www.evli.com/en/products-and-services/mutual-funds/funds/prospectus-presentations.