Maxi Bond | GAMAX | Overview | Performance

GAMAX Funds Maxi-Bond is invested primarily in Italian government bonds with a view to achieve short-to-medium term capital growth and generate income while limiting fluctuations in capital. Suited for the more risk adverse investor with a focus on income.

We leverage our independent, fundamental research to exploit market inefficiencies. We formalise our macro view through our proprietary investment framework Med³®.The main sources of investment opportunities for the fund are strategies such as duration, yield curve and relative value.

Benefits at a glance:

  • Active management including the management of interest rates and currencies
  • Low risk product with a focus on high quality issuers (government bonds)
  • Prudent risk management
  • Capital appreciation and dividend income
  • High liquidity - Fund units can be bought or sold on any business day
  • Ideal for achieving stable returns over time
  • Retirement savings accumulation with a low risk profile (suitable for later stages in savings path)
  • Savings schemes from as little as EUR 50 per month

Fund data

 

Management company Mediolanum International Funds Limited
Depository bank RBC Investor Services Bank S.A., Luxembourg
Domicile Luxembourg
Legal form FCP
Regulatory status UCITS
Registered in Germany, Austria, Luxembourg, Switzerland, Spain, and Italy
ISIN LU0051667300
Launch date of Fund 01.07.1994
Fund assets (millions) 500,33 EUR (31.05.2016)
Fund currency EUR
Distribution policy Dividend Payments
Issuing premium 3,63% (of NAV)
Management fee 1,00%
Advisory fee 0,30%
Performance Fee

Maximum fee is 1% annually, calculated as 20% of the increase of the net asset value in excess of the High-Water-Mark plus a hurdle rate of 1%.

KIID Overview

The Key Investor Information Document or KIID, aims to provide investors with standardised investment information, clearly setting out the essential characteristics of a fund or share class necessary to understand the nature and risks of investing in the fund or share class.

Fund ISIN Reference Date NAV per Share 1M 3M YTD 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
GAMAX Maxi Bond A LU0051667300 30/11/2022 5.74 0.88% -0.17% -6.36% -3.08% 1.46% 2.98% -1.23% -1.49% -1.00% 1.58% 6.61% 1.43% 4.96%

“Past performance is not a guide to future performance.  Performance figures shown are Net of Fees and include the reinvestment of all income.“