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      • investment funds.
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      • LO Funds IV - Asia Corporate Bond, X1, (USD) I A

      LO Funds IV
      Asia Corporate Bond

      ISINLU2044946817

      LO Funds IV - Asia Corporate Bond, X1, (USD) I A

      ISINLU2044946817
      funds listsustainability report

      General information

      Asset ClassFixed Income
      CategoryCredit
      StrategyRisk-Based
      Fund base currencyUSD
      Share Class reference currencyUSD
      Dividend Policyaccumulated
      Total Assets (all classes) in mnUSD 45.5730.04.2025
      Assets (share class) in mnUSD 45.5730.04.2025
      Number of positions7930.04.2025
      TER0.20%30.09.2024

      Documents

      Key Information Document
      English (pdf)
        Fact Sheet (marketing document)
        English (pdf)
          Sustainability-related disclosures
          English (pdf)

            Risk rating

            Lower riskHigher risk
            1
            1
            2
            2
            3
            3
            4
            4
            5
            5
            6
            6
            7
            7
            Typically lower rewardTypically higher reward
            Past performance is not a guarantee of future results. If the funds are denominated in a currency other than that in which the majority of the investor's assets are held, the investor should be aware that changes in rates of exchange may affect the value of the funds' underlying assets. The portfolio risk management process includes an effort to monitor and manage risk, but does not imply low risk.
            • Performance & Statistics
            • Breakdowns
            • Managers
            • Legal information
            • Dealing
            • Security Numbers
            • Prices
            • Documents

            Performance & Statistics

            Rolling 12 months Performance (%)Cumulative performance (%)Annualised performance (%)
            Loading...
            As of 
            Share Class (Net)
            Benchmark
            Sorry, we could not retrieve the data for this share class.
            Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
            Loading...
            As of 
            Share Class (Net)
            Benchmark
            Sorry, we could not retrieve the data for this share class.
            Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
            Loading...
            As of 
            Share Class (Net)
            Benchmark
            Sorry, we could not retrieve the data for this share class.
            Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
            Since launch
            • 1 month
            • 3 months
            • 6 months
            • 1 year
            • 3 years
            • 5 years
            • 2025 YTD
            • 2024 YTD
            • 2023 YTD
            • 2022 YTD
            • 2021 YTD
            • 2020 YTD
            • Since launch
            • Custom
            Export
            pdfjpgpngsvg
            csvxls
            Fund
            Total Return6.15%
            Annualized Return1.10%
            Annualized Volatility9.31%
            Sharpe Ratio-0.20
            Downside Deviation7.07%
            Positive Months55.22%
            Maximum Drawdown-26.36%
            *  Risk-Free Rate 2.96%Target Rate 2.96%
            Calculations based on monthly time series
            Earliest Date: 22.11.2019, Latest date: 07.05.2025

            Key risks

            The following risks may be materially relevant

            but may not always be adequately captured by the synthetic risk indicator and may cause additional loss:


             
            Credit risk: A significant level of investment in debt securities or risky securities implies that the risk of, or actual, default may have a material impact on performance. The likelihood of this depends on the credit-worthiness of the issuers.
             
            Liquidity risk: Where a significant level of investment is made in financial instruments that may under certain circumstances have a relatively low level of liquidity, there is a material risk that the fund will not be able to transact at advantageous times or prices. This could reduce the fund's returns.
             
            Emerging market risk: Significant investment in emerging markets may expose to difficulties when buying and selling investments. Emerging markets are also more likely to experience political uncertainty and investments held in these countries may not have the same protection as those held in more developed countries.
             

             

            Breakdowns

            March 2025

              Credit Ratings (in %)

              A0.00% 17.51%
              BBB0.00% 67.19%
              BB0.00% 10.68%
              B0.00% 4.62%
              Below CCC0.00% 0.00%

              Countries (in %)

              China0.00% 17.40%
              Others0.00% 15.28%
              Hong Kong0.00% 13.36%
              Japan0.00% 11.00%
              India0.00% 10.87%
              Australia0.00% 9.70%
              Indonesia0.00% 7.11%
              UK0.00% 5.29%
              Philippines0.00% 5.09%
              South Korea0.00% 4.91%

              Currencies (in %)

              USD0.00% 100.00%

              Top 10 (in %)

              STANLN 7 5/8 PERP0.00% 2.66%
              ADSEZ 3.828 02/02/320.00% 2.58%
              ASAMLI 6.9 PERP0.00% 2.52%
              MEGPM 4 1/8 07/30/270.00% 2.35%
              NSTAU 6 1/8 04/11/330.00% 2.29%
              DAIL 6.2 PERP0.00% 2.22%
              Baba 5 1/4 05/26/350.00% 2.22%
              HYSAN 7.2 PERP0.00% 2.21%
              Freshk 5 7/8 03/05/280.00% 2.19%
              SUMIBK 6.45 PERP0.00% 2.17%

              Managers

              Dhiraj BajajPrivate Clients (Asia Investment Team)
              Read more
              Dhiraj is the head of Asia fixed income at Lombard Odier. He joined Lombard Odier in 2012, and is responsible for the Fixed Income team in Asia, focusing on Asia Pacific and emerging debt markets. Prior to joining Lombard Odier, Dhiraj was a portfolio manager with Cairn Capital in London, a full-service credit asset management firm, from 2006 to 2012. There he managed investment grade and high yield portfolios and traded credits in both long-only and long/short portfolios. Dhiraj also gained experience in JP Morgan & Chase in their European credit & rates research department in London, in 2006. Dhiraj started his career at Singapore Airlines and from 2000 to 2005, he did corporate strategy. Dhiraj has a B.Eng (Honours) in mechanical engineering and a minor in business from the National University of Singapore, and a masters of business administration from the University of Cambridge, UK (IIT), Roorkee.
              Nivedita SunilPrivate Clients (Asia Investment Team)
              Read more
              Nivedita Sunil, Senior Emerging Credit Analyst Nivedita is an Emerging Market analyst within the LOIM Fixed Income team in Singapore. She covers Emerging Markets & Asian Sovereigns and Financials for the firm. Prior to joining Lombard Odier, Nivedita worked at Citigroup in London for 7 years. In her last role, she was a vice president in the Emerging Market Fixed Income and FX strategy team within Citigroup Global Markets where she formulated fundamental and tactical views on Emerging Markets for investors. Nivedita holds an MBA from Harvard Business School where she graduated in the top 5% of her class as a Baker scholar. She also holds a Masters in Finance with distinction from the London School of Economics and a bachelor’s degree in electronics engineering from Anna University in India.

              Legal information

              General information

              DomicileLuxembourg
              Legal FormSICAV - SIF
              Regulatory StatusSIF
              Class launch date22.11.2019
              Close of financial year30 September
              Dividend Policyaccumulated

              Fiscal Information

              DE Investmentsteuergesetz (InvStG)Not Classified
              AT Investmentfondsgesetz (InvFG)Non-declared Fund
              UK Reporting StatusNo

              Management Company & Agents

              Management CompanyLombard Odier Funds (Europe) S.A.
              CustodianCACEIS Bank, Luxembourg Branch
              AuditorPricewaterhouseCoopers
              Portfolio valuationCACEIS Bank, Luxembourg Branch

              Dealing

              Dealing

              Subscriptions and redemptions frequency daily
              Subscriptions and redemptions cut-off dayT-1
              Subscriptions and redemptions cut-off time15:00 CET
              Subscriptions and redemptions settlement dateT+2
              NAV calculation frequencydaily
              Minimum InvestmentUSD 1'000'000
              Management Fee0.15%
              Distribution Fee0.00%
              Performance Fee17.50% High Watermark

              Security Numbers

              BLOOMBERGLOACBXI LX
              ISINLU2044946817
              SEDOLBJXV1R6
              TELEKURS49667187

              Prices

              Since launch
              • 1 month
              • 3 months
              • 6 months
              • 1 year
              • 3 years
              • 5 years
              • 2025 YTD
              • 2024 YTD
              • 2023 YTD
              • 2022 YTD
              • 2021 YTD
              • 2020 YTD
              • Since launch
              • Custom
              Export

              Prices over selected period

              LastUSD0.0010.6207.05.2025
              FirstUSD0.0010.0022.11.2019
              HighestUSD0.0010.8814.09.2021
              LowestUSD0.007.9204.11.2022
              * Earliest Date: 22.11.2019, Latest date: 07.05.2025

              Documents

              Reporting

              Fact Sheet (marketing document)
              31.03.2025
              English (pdf)

                Legal Documents

                Key Information Document
                28.01.2025
                English (pdf)

                  Sustainability-related disclosures

                  Sustainability-related disclosures
                  05.08.2024
                  English (pdf)

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                    Fixed income in the new macro world order

                    April 29, 2025
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                    Bonds, ETFs or CDS – in high yield, which is more resilient to liquidity shocks?
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                    April 10, 2025
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                    more insights
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