UC AXI Global CoCo Bonds UCITS ETF
ISIN LU1873136789
|Ticker CCNV
TER
0.65% p.a.
Distribution policy
Accumulating
Replication
Physical
Fund size
GBP - m
Inception Date
4 April 2019
Overview
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).
Basics
Data
| Index | Solactive AXI Liquid Contingent Capital Global Market (EUR Hedged) |
| Investment focus | Bonds, World, Convertible Bonds, All maturities |
| Fund size | GBP - m |
| Total expense ratio | 0.65% p.a. |
| Replication | Physical (Sampling) |
| Legal structure | ETF |
| Strategy risk | Long-only |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency hedged |
| Volatility 1 year (in GBP) | 8.15% |
| Inception/ Listing Date | 4 April 2019 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Luxembourg |
| Fund Provider | UniCredit ETF |
| Fund Structure | Contractual Fund |
| UCITS compliance | Yes |
| Administrator | CACEIS Bank, Luxembourg Branch |
| Investment Advisor | |
| Custodian Bank | - |
| Revision Company | - |
| Fiscal Year End | - |
| Swiss representative | NO |
| Swiss paying agent | NO |
| 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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How do you like our ETF profile? Here you'll find our Questionnaire.
Performance
Returns overview
| YTD | -6.79% |
| 1 month | +1.84% |
| 3 months | -0.59% |
| 6 months | -7.61% |
| 1 year | -7.93% |
| 3 years | +0.44% |
| 5 years | - |
| Since inception (MAX) | - |
| 2024 | -3.98% |
| 2023 | +10.61% |
| 2022 | - |
| 2021 | - |
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%.
Risk overview
| Volatility 1 year | 8.15% |
| Volatility 3 years | 12.21% |
| Volatility 5 years | - |
| Return per risk 1 year | -0.97 |
| Return per risk 3 years | 0.01 |
| 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 p.a. | Distribution | Replication |
|---|---|---|---|---|
| SPDR FTSE Global Convertible Bond UCITS ETF USD Unhedged (Dist) | 602 | 0.50% p.a. | Distributing | Sampling |
| Invesco AT1 Capital Bond UCITS ETF Acc | 552 | 0.39% p.a. | Accumulating | Full replication |
| Invesco AT1 Capital Bond UCITS ETF Dist | 75 | 0.39% p.a. | Distributing | Full replication |
| SPDR FTSE Global Convertible Bond UCITS ETF GBP Hedged (Dist) | 29 | 0.55% p.a. | Distributing | Sampling |
| Invesco AT1 Capital Bond UCITS ETF GBP Hedged Dist | 28 | 0.39% p.a. | Distributing | Full replication |
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.
— 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.
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.
