Data: Net Asset Value (NAV) and Assets under Management (AuM) as of 2025-01-14
Efficient and liquid access to some of the fastest-growing emerging economies
The Tabula GCC Sovereign USD Bonds UCITS ETF (USD) - Accumulating aims to track the ICE Gulf Cooperation Council Government Bond ex-144a Index (EGCC Index), less fees and expenses.
About the index
Developed by Tabula, the ICE Gulf Cooperation Council Government Bond ex-144a Index (the “Index”) is composed of ~100 AA to B rated bonds denominated in USD. To be included, bonds require a minimum 1yr maturity and a minimum amount outstanding of US$500m. The Index currently provides exposure to 6 GCC countries and applies a 25% country cap.
Investment process
The ETF invests in a portfolio of sovereign bonds that reflects the composition of the Index as far as practicable, less fees and expenses.
Registered countries
The fund is currently registered for sale in Austria, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Spain, Portugal, Sweden, Switzerland and the United Kingdom.
| Fund information | |
|---|---|
| Issuer: | Tabula ICAV |
| Investment manager: | Tabula Investment Management Ltd |
| Management company: | Waystone Management Company (IE) Limited |
| Administration: | HSBC Securities Services (Ireland) DAC |
| Custody: | HSBC Continental Europe, Dublin Branch |
| Fund inception: | 06 January 2023 |
| Share class inception: | 06 January 2023 |
| Ongoing charges: | 0.45% |
| Income treatment: | Accumulating |
| Domicile: | Ireland |
| Base currency: | USD |
| Share class currency: | USD |
| Primary listing: | LSE |
| Listing Currency: | USD |
| Primary ticker: | TGCC |
| ISIN: | IE000L1I4R94 |
| UK distributor/reporting status: | Yes |
| ISA & SIPP eligible: | Yes |
| Index information | |
|---|---|
| Index name: | ICE Gulf Cooperation Council Government Bond ex-144a Index |
| Index provider: | ICE Data Services |
| Bloomberg index ticker: | EGCC Index |
| Regional focus: | Middle-East |
| Listing information | ||
|---|---|---|
| Exchange: | LSE | BX Swiss |
| Trading hours: | 0800 to 1630 (London) | 0900 to 1730 (Zurich) |
| Trading currency: | USD | USD |
| Settlement: | T+2 | T+2 |
| Exchange ticker: | TGCC | TGCC |
| Bloomberg ticker: | TGCC LN | TGCC.SW |
| RIC: | TGCC.L | TGCC.S |
| SEDOL/VALOR: | BQJXX91 | - |
| WKN: | A3DTFD | - |
Key risks
No capital protection: No capital protection: The value of your investment may go down as well as up and you may not get back the amount you invested
Liquidity risk: Lower liquidity means there are insufficient buyers or sellers to allow the Sub-Fund to sell or buy investments readily. Neither the Index provider nor the issuer make any representation or forecast on liquidity
Counterparty risk: The Sub-Fund may incur losses if any institution providing services such as safekeeping of assets or acting as a derivatives counterparty becomes insolvent.
Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Sub-Fund when due
Emerging markets risk: Issuers from emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include a greater 'Liquidity Risk', restrictions on investment or transfer of assets, failed/delayed delivery of securities or payments to the Fund and sustainability-related risks.