LO Funds (CH)
Short
Term Money Market (USD)

ISINCH0111012966

General information

Asset Class Fixed Income
Category Money Market
Share Class reference currency USD
Benchmark FTSE 1-Month US Dollar Eurodeposit in USD
Dividend Policy Distribution
Total Assets (all classes) in mn USD 1469.96 31.03.2020
Assets (share class) in mn USD 57.17 31.03.2020
Number of positions 58 31.03.2020
TER 0.18% 31.01.2020

Documents

KIID
Prospectus
Fact Sheet (marketing document)

Risk rating

Lower risk Higher risk
1
2
3
4
5
6
7
Typically lower reward Typically higher reward

Past performance is not a guide to future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units, performance is presented net of fees. The NAV of fund units and official prices of benchmarks are used for performance comparison purposes. Source of the figures: Lombard Odier.

Performance & statistics

Fund Benchmark
Total Return 8.92% 7.82%
Annualized Return 0.85% 0.75%
Annualized Volatility 0.22% 0.22%
Sharpe Ratio -0.10 -0.55
Downside Deviation 0.13% 0.15%
Positive Months 98.36% 99.18%
Maximum Drawdown 0.00% -0.01%
*  Risk-Free Rate 0.88% Target Rate 0.88%
Calculations based on monthly time series
Earliest Date: 29.03.2010, Latest date: 03.04.2020
Fund vs Benchmark
Correlation 0.976
R2 0.953
Alpha 0.01%
Beta 0.972
Tracking Error 0.05%
Information Ratio 2.049

Highlights

LO Funds (CH) - Short-Term Money Market (USD) is a conservatively managed portfolio. Its cash management strategy has been in place since March 2010. It invests in high quality (at least one top short-term rating) short-term money market instruments such as commercial paper, certificates of deposit, time deposits, fixed rate bonds and floating-rate notes within strict diversification rules and maturity limits. In addition, weighted average maturity (WAM) and weighted average life (WAL) are respectively limited to 60 days and 120 days. It aims to offer investors capital preservation, high liquidity, and returns in line with the FTSE 1 Month US Dollar Eurodeposit in USD terms index. Risk management is based on a combination of guideline compliance monitoring and liquidity stress test scenarios. The approach follows the conservative Swiss Funds & Asset Management Association (SFAMA) guidelines for Short-Term Money Market Funds.

Breakdowns

Credit Ratings Fitch (in %)

F1+ 0.00%
F1 0.00%
F2 0.00%
F3 0.00%
Not rated 0.00%

Maturities (in %)

Overnight 0.00%
2 to 7 days 0.00%
8 to 30 days 0.00%
31 to 60 days 0.00%
61 to 90 days 0.00%
91 to 180 days 0.00%
181 to 365 days 0.00%

Countries (in %)

France 0.00%
China 0.00%
Germany 0.00%
South Korea 0.00%
Spain 0.00%
United Kingdom 0.00%
United States 0.00%
Supranationals 0.00%
Luxembourg 0.00%
Others 0.00%

Currencies (in %)

USD 0.00%

Managers

David Callahan Investment Management (Money Markets)
Read more
Florian Helly Investment Management (Money Markets)
Read more

Security numbers

Dealing

Subscriptions and redemptions frequency Daily
Subscriptions and redemptions cut-off day T
Subscriptions and redemptions cut-off time 14:00 CET
Subscriptions and redemptions settlement date T+1
NAV valuation point T
NAV calculation day T
NAV calculation frequency Daily
Minimum Investment CHF 50 millions
Management Fee 0.16%
Distribution Fee 0.00%

Security Numbers

BLOOMBERG LOIMMUU SW
ISIN CH0111012966
REUTERS 11101296X.CHE
TELEKURS 11101296

Prices

Export

Prices over selected period

Last USD 0.00 03.04.2020
First USD 0.00 29.03.2010
Highest USD 0.00 14.11.2019
Lowest USD 0.00 29.03.2010
* Earliest Date: 29.03.2010, Latest date: 03.04.2020

Documents

Reporting

Fact Sheet (marketing document)
29.02.2020

Legal Documents

Prospectus
19.03.2020
Semi-Annual Report
31.01.2020
Key Investor Information Document
16.01.2020
Annual Report
31.07.2019