FIXED INCOME IN USD is a Sub-Fund of MERCHBANC SICAV and it's reference currency is US Dollar.
The objective of the Sub-Fund is to seek medium-term capital appreciation in US Dollars through a mix of investments consisting of fixed income securities and money market instruments. The eligible money market instruments are government securities issued by OECD Member States, securities issued by private issuers and time deposits. The Sub-Fund may invest in different currencies.
Management fee: 0.50% on Net Assets
Custodian fee: 0.03% on Net Assets
Subscription fee: None
Redemption or Switch fee: None
Total fixed expenses ratio: 2,10%
Data at close of year 2016
On April 16th, 2015, MERCHBANC SICAV FIXED INCOME merged with MERCHBANC SICAV USD SHORT TERM. Follow this link to view MERCHBANC SICAV USD SHORT TERM historical performance.