XAIA Credit Basis
|Investment Advisor||XAIA Investment|
|Portfolio Manager||XAIA Investment|
|Fund AUM (GBP)||£249m|
|Fund AUM as of||16 September 2019|
|Fund Inception||22 April 2009|
|Fund Indices||AH Credit UCITS Index|
XAIA Credit Basis will profit from market discrepancies between bonds and the price for protection against default (so called "basis"). The investment universe consists of corporate and financial bonds. Credit, interest rate and currency risks inherent in these instruments are most widely eliminated using the corresponding hedging techniques. Through active management of the basis, the fund targets a return of 3 Month Euribor plus 3.5% p.a. net of fees.