Gaspal Obligations Court Terme

Bond Fund

Select a share class
Gaspal Obligations Court Terme is a short-term bond mutual fund with an interest rate sensitivity between 0 and 2 (mainly invested in maturities of less than 3 years).

– At least 20% of the fund’s assets are invested in maturities ranging from 2 to 3 years.
– The fund invests in debt securities issued by private or public entities and/or financial instruments with similar characteristics.
– Issuers are from OECD countries, the EU, and the EEA, either directly or through mutual funds.

Our commitments

A demanding exclusion list: 0% exposure to fossil fuels, arms and tobacco
More information on Trusteam’s commitment

Funds’ evolution

Past performance is not necessarily indicative of future performance.

The information presented above does not constitute a contract or investment advice. The value of the investment may vary according to market fluctuations, and the investor may lose all or part of the capital invested, as UCIs are not capital guaranteed. Access to the products and services presented here may be subject to restrictions for certain persons or countries. Tax treatment depends on individual circumstances. Before subscribing, and for any further information on the characteristics, risks and fees of the UCI, investors are invited to read the regulatory documents available on the page of each UCI.

Choice of period:
Index effective from 08/09, 80% ESTER capitalized over one year and 20% EuroMTS 1-3 – Before ESTER capitalized.

Management team

Marie-Laurence Biswang
Michaël Yatime

Why should you chooseGaspal Obligations Court Terme?

– The fund aims to outperform its benchmark by investing in debt securities with a maturity mainly less than 2 years (and a maximum of 3 years), from OECD, European Union, and European Economic Area. One-year volatility target: 2%.
– Conviction-driven management, particularly in interest rate sensitivity management and rigorous credit dossier selection.
– Active management seeking market opportunities among different types of debt securities, points on the yield curve, geographical areas, and based on the subordination rank of issuances.

Annual Performance

YTD
1.60%
(12.06.2024)
2023
3.51%
2022
-0.73%

Technical data

140.69
NAV as of 12.06.2024
106.4 M€
Fund outstanding as of 12.06.2024
0.76 %
Volatility over 5 years as of 07.06.2024
0.96 %
Annualized performance over 5 years as of 12.06.2024
ISIN: FR0007082409 - Création date: 11/03/2020 - NAV: 100 - Currency: Euro

Technical characteristics

Reference indicator

Net dividends reinvested

Recommended minimum investment horizon

Quotation

Funds managers

SRI*

ISIN

Bloomberg

80% ESTER capitalized over one year and 20% EuroMTS 1-3
-
1 year
Daily
M-L. Biswang, M.Yatime
2 on a scale of 1 to 7
FR0007082409
GGGALDN FP Equity

Valuation price

Custodian

Valuer

Type

Current costs (2022)

Management fee incl. VAT

Entrance fees incl. VAT

Exit fee incl. VAT

Closing price
Crédit Industriel et Commercial
Crédit Industriel et Commercial (CIC)
0.47 %
0.40% TTC maximum
1%
None

* SRI (Synthetic Risk & Reward Indicator, on a scale of 1 to 7): Level 1 = low risk & reward / Level 7 = high risk & potential for high reward.

Where and how to subscribe to the fund

Through a wealth manager at Trusteam Finance — Contact the Wealth Management team directly (contact details available on this page) to benefit from personalised support. We will suggest the solution best suited to your needs.

Through your bank — You can subscribe by sending the ISIN code associated with the fund to your usual contact. The fund can then be deposited in a securities account, a PEA (if eligible), a life insurance policy or a PERP.

Through your independent financial advisor — Your independent financial advisor will help you select the fund from the Trusteam Finance range that best suits your asset management needs.

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