Montségur Security is a fund primarily invested in short term obligations and monetary instruments issued in euros and classified as “investment grade” by rating agencies.
CLASSIFICATION : BOND MANAGEMENT
ISIN Code : FR0010559336 – Bloomberg : MONSECC FP
Valuation : Daily at market close
Initial Net Asset Value : 100 €
Minimum subscription amount : 1/1000th of a share
Creation date : 31/12/2007
Custodian : CIC
Subscriptions and redemptions : orders may be placed up to 11:00 AM for a subscription for the close of that day’s markets.
Classification : Short-term Euro bonds
UCITS may hold up to 10% of its assets in other UCITS (OPCVM)
Tax : Can be purchased through an investment account or a life insurance policy.
The objective is to ensure consistent performance, superior to the index representing the remuneration of European sovereign bonds in the short term and to preserve capital invested.
The fund can select negotiable Debt Market Securities (TCN – Titres de Créances Négociables) from the public debt of states in the Euro zone as well as private debt, subject to a scoring average of at least “investment grade”, that is rated A3/P3 in the Short Term and BBB-/Baa3 in the Long Term by rating agencies Standard & Poor’s, Moody’s or Fitch Ratings.
However, management reserves the right to invest within a 10% limit in bonds whose rating is considered below “investment grade”.
Net Asset Value
Risks incurred : Risk relating to discretionary management, Risk relating to investments in derivative products, Counterparty risk, Credit risk
Past performance is not an indicator of future performance
Performance table on 14/02/2019
|2019||3 months||1 year||3 years||5 years||Inception|
|Montségur Sécurité||108,08 €||-0,08%||-0,16%||-0,96%||-0,49%||-0,08%||+8,08%|