UC AXI Global CoCo Bonds UCITS ETF

ISIN LU1873136789

 | 

WKN A2N4RJ

TER
0.65% p.a.
Distribution policy
Accumulating
Replication
Sampling
Fund size
- m
  • This fund has been liquidated or merged. Consequently, no fund information is updated anymore. For more information about the fund, please contact the fund provider.
 

Overview

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Description

The UC AXI Global CoCo Bonds UCITS ETF seeks to track the Solactive AXI Liquid Contingent Capital Global Market (EUR Hedged) index. The Solactive AXI Liquid Contingent Capital Global Market (EUR Hedged) index tracks contingent convertible bonds (CoCo bonds) issued by financial institutions worldwide. Currency hedged to Euro (EUR).
 
The ETF's TER (total expense ratio) amounts to 0.65% p.a.. The ETF replicates the performance of the underlying index by sampling technique (buying a selection of the most relevant index constituents). The interest income (coupons) in the ETF is accumulated and reinvested in the ETF.
 
The ETF was launched on 4 April 2019 and is domiciled in Luxembourg.
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Chart

Basics

Data

Fund size
EUR - m
Total expense ratio
0.65% p.a.
Replication Physical (Sampling)
Legal structure ETF
Strategy risk Long-only
Fund currency EUR
Currency risk Currency hedged
Volatility 1 year (in EUR)
5.64%
Inception/ Listing Date 4 April 2019
Distribution policy Accumulating
Distribution frequency -
Fund domicile Luxembourg
Fund Provider UniCredit ETF
Tax data Bundesanzeiger
Germany No tax rebate
Switzerland Unknown
Austria Tax Reporting Fund
UK Unknown
Indextype Total return index
Swap counterparty -
Collateral manager
Securities lending No
Securities lending counterparty

Similar ETFs

This section provides you with information on other ETFs with a similar investment focus to the UC AXI Global CoCo Bonds UCITS ETF.
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Performance

Returns overview

YTD -9.23%
1 month +0.00%
3 months -4.06%
6 months -9.01%
1 year -8.49%
3 years +3.64%
5 years -
Since inception (MAX) -
2023 +3.38%
2022 +4.57%
2021 -
2020 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 5.64%
Volatility 3 years 10.98%
Volatility 5 years -
Return per risk 1 year -1.51
Return per risk 3 years 0.11
Return per risk 5 years -
Maximum drawdown 1 year -
Maximum drawdown 3 years -
Maximum drawdown 5 years -
Maximum drawdown since inception -

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
XETRA EUR CCNV CCNV GY
CCNV.DE

Further information

Further ETFs with similar investment focus

Fund name Fund Size in m € (AuM) TER
in % p.a.
Distribution policy Replication method
SPDR Refinitiv Global Convertible Bond UCITS ETF 579 0.50% p.a. Distributing Sampling
SPDR Refinitiv Global Convertible Bond EUR Hedged UCITS ETF 473 0.55% p.a. Accumulating Sampling
Invesco AT1 Capital Bond UCITS ETF EUR Hedged Dist 250 0.39% p.a. Distributing Full replication
SPDR Refinitiv Global Convertible Bond USD Hedged UCITS ETF 6 0.55% p.a. Distributing Sampling

Frequently asked questions

What is the name of CCNV?

The name of CCNV is UC AXI Global CoCo Bonds UCITS ETF.

What is the ticker of UC AXI Global CoCo Bonds UCITS ETF?

The primary ticker of UC AXI Global CoCo Bonds UCITS ETF is CCNV.

What is the ISIN of UC AXI Global CoCo Bonds UCITS ETF?

The ISIN of UC AXI Global CoCo Bonds UCITS ETF is LU1873136789.

What are the costs of UC AXI Global CoCo Bonds UCITS ETF?

The total expense ratio (TER) of UC AXI Global CoCo Bonds UCITS ETF amounts to 0.65% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.