Tabula J.P. Morgan Global Credit Volatility Premium Index UCITS ETF (EUR) - USD-Hedged - Dist.

AuM:
€12'870'083
Ongoing charges:
0.55%
NAV:
$10008.0738
Ticker:
TVOU
Benchmark ticker:
JCREVOLP

Data: Net Asset Value (NAV) and Assets under Management (AuM) as of 25 September 2020

Capital is at risk. The value of your investment may go down as well as up and you may not get back the amount you invested. Investors should read the Key risks section of this page, Key Investor Information Document and Prospectus prior to investing.

iTraxx Crossover 5y ratio:51%
CDX HY ratio:49%
Delta:0.00%
Theta:0.12%
Vega:-0.14%

Fund Breakdown

Credit exposure - country

Credit exposure - sector

Credit exposure - rating

Data: Tabula IM, 31 August 2020. Charts show the percentage of total CDS index notional. CDS index ratios in the table reflect the notional relative to NAV. Credit DV01 is the expected change in NAV for a 1bp change in credit spreads. The estimated 12m yield calculation involves a number of assumptions and approximations and is not a guarantee of future returns.

Key risks

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.

Market risk: The fund is primarily exposed to credit risk. Returns will suffer if there is a default, or higher perceived risk of default, among the entities referenced by the CDS indices, or a write-down (“bail in”) of an entity’s debt by financial authorities. The Sub-Fund may also be impacted by other factors affecting the value of debt securities issued by those entities, including changes in interest rates and exchange rates. When selling CDS on subordinate debt, such debt may be subordinate to senior debt.

Leverage: The fund may use leverage, so losses may be magnified.

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 the liquidity of CDS transactions.

Counterparty risk: The fund may incur losses if any institution providing services 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 fund when due.

OTC Total Return Swap risk: Swap returns are subject to the returns of the Index or reference assets. Valuations of a fund’s Investments may in certain circumstances, only be available from a limited number of market participants who may also act as counterparties to these transactions. Such valuations may therefore be subjective and there may be substantial differences between any available valuations.

Currency risk: Currency hedging may not completely eliminate currency risk in the share class and may affect its performance.

Contact us for further information about Tabula ETFs.

Email  info@tabulaim.com
Phone  +44 20 3909 4700