The Zwitserleven Long Duration Fonds invests in fixed-income securities and has a long duration. The expected average duration is approximately 22 years.
What does the fund invest in?
The fund invests in bonds, money market instruments, money market funds and interest rate derivatives (all in euros), whereby minimum ratings are set for each investment instrument. The average rating of the portfolio is at least AA-.
What is the investment objective?
The fund's investment objective is to align the interest rate sensitivity of investments with that of pension liabilities with a limited credit risk. To achieve that, the fund aims to replicate the cash flow statement as included in the prospectus. The fund has no benchmark.
How does the fund invest?
The fund pursues an active policy with regard to the choice of bonds and the ratio between bonds and interest rate derivatives. There is no active duration policy.
How sustainable and responsible does the fund invest?
With the Zwitserleven Long Duration Fonds, Zwitserleven has opted for a fund with a socially responsible investment policy. The fund promotes environmental and social characteristics, as referred to in Article 8 of the Sustainable Finance Disclosure Regulation (SFDR). You can read about these characteristics in chapter 11.3 of the prospectus Zwitserleven Institutionele Beleggingsfondsen at the bottom of this page. Information about the developments and results of the past year with regard to sustainability can be found in chapter 1.11 of the Annual Report Zwitserleven Institutionele Beleggingsfondsen.
The data below refers to April 2022.
What fund costs are charged?
Fund costs are charged and consist of:
- Ongoing Charges Figure, which is charged daily to the fund's price. The expected Ongoing Charges Figure of the Zwitserleven Long Duration Fonds is 0.04% per annum.
- Management fees that are settled with the investment value every month. Information about management fees can be found in your pension scheme rules.
- The fund charges a fee when investors are entering or exiting the fund, because it must buy or sell investments. Therefore the fund charges an entry fee or an exit fee on the net asset value of the fund. The entry fee is +0.125% and the exit fee is -0.125%.
Any questions?
Have a look at the frequently asked questions or contact us.
Zwitserleven Long Duration Fonds is a subfund of Zwitserleven Beleggingsfondsen. The manager of Zwitserleven Long Duration Fonds is ACTIAM. Zwitserleven Long Duration Fonds and ACTIAM are registered with the Netherlands Authority for the Financial Markets (AFM). For this subfund, a prospectus and Key Investor Information are available on zwitserleven.nl. The information shown on this web page may not be regarded as investment advice.