Navarre Obligations

Navarre
Obligations

About the fund

Navarre Obligations implements a strategy based on fixed income products, including the selection and investment in medium and long-term bonds, with the aim of holding them to maturity, the bond portfolio therefore having a low replacement rate.

Objective :The objective of this fund is to beat the Bloomberg Barclays Series-E Euro Govt 3-5Y Bond Index, coupons reinvested over an investment horizon of at least 3 years.

Philosophy : The management applied in Euro Rendement Patrimoine relies for 60 to 100% of the assets on the method proven for more than 20 years by Jacques Cadenat. A simple and readable management strategy

The bonds are kept until maturity
100% of bonds issued in euro – no currency risk
No speculation (carry only) and strong diversification of issuers

Net Asset Value (NAV) as of 31/05/2023

102,91 €

Net Asset Value (NAV)

4,19 %

2019 Performance

Performance

R Share

Last value : 102,91 - Last index : 93,65

Performance (au 31/05/2023)	Since creation	1 month	3 months	2023	2022	2021	2020	2019	2018	Vol 1 year
Navarre Obligations R	2,91 %	0,26 %	0,68 %	2,00 %	-5,94 %	2,04 %	-0,65 %	4,19 %	-2,62 %	0,00 %
Index	-6,35 %	0,02 %	2,57 %	1,99 %	-9,95 %	-1,19 %	1,30 %	1,88 %	0,09 %	0,00 %

Download daily performance of the fund (XLS format)

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Documents

Reports

Navarre Obligations

Décembre 2022 - Download
Novembre 2022 - Download
Octobre 2022 - Download

DICI / KIID & Prospectus

DICI/KIID – Download

PROSPECTUS – Download

Risk Profile

Lower risk (1), return potentially lower.

Higher risk (7), return potentially higher.

Annual report

News

Fund details

UCITS fund
French Regulator Classification (AMF)	Fixed Income and other euro-denominated assets
Inception date	July 6 2016
ISIN code	FR0013157385
Benchmark	Bloomberg Barclays Series-E Euro Govt 3-5Y Bond Index, with re-invested coupons
Minimum recommended investment horizon	3 years
Publication of results	Capitalisation
Valuation	Weekly
Currency	Euro
Investment modalities	Every Wednesday before 12pm
Custodian	Société Générale
Subscription fees	4% maximum
Annual Management fees (Max.)	1,00% (taxes included)