USD
EUR
Fund PNB Total Return Bond Fund. Cost of a share today:

$ 1023.0845

Value increase of the fund’s share PNB Total Return Bond Fund

 

  1 month 3 months 6 months YTD
Total return for the period, % 0.74% 1.76%2.53%2.31%
CURRENT INDICATORS (19.09.2019)
Net assets of the Fund 1 946 202.73 USD  
NAV per share 1023.8845 USD
Average rating A3
Yield to maturity (ann.) 3.52%
Average maturity (years) 2.9
Volatility 1.93%
Number of holdings 8
Fund PNB Total Return Bond Fund. Cost of a share today:
Data are updated each business day after 11:00 am
*NAV per share in EUR currency according to the European Central Bank (ECB) reference exchange rate

€ 924.4461

Value increase of the fund’s share PNB Total Return Bond Fund

 

  1 month 3 months 6 months YTD
Total return for the period, % 1.81% 3.90%5.01%6.89%
CURRENT INDICATORS (19.09.2019)
Net assets of the Fund 1 758 563.95 EUR  
NAV per share 924.4461 EUR
Average rating A3
Yield to maturity (ann./USD) 3.52%
Average maturity (years) 2.9
Volatility 1.93%
Number of holdings 10

PORTFOLIO STRUCTURE

Industry Share in the fund
Sovereigns 54.00%
Transportation & Logistics 5.70%
Intergrated Oils 11.70%
Automobiles Manufacturing 6.70%
Banks 7.50%
Auto Parts Manufacturing 10.90%
Hardware 3.50%

Country Share in the fund
Denmark 4.28%
Turkey 10.66%
Mexico 8.79%
USA 40.64%
Great Britain 5.03%
Kazakhstan 5.62%

Issuer Share of issuers,%
US Treasury 29.86%
Republic of Turkey 10.66%
Jaguar Land Rover 5.03%
Pemex 8.79%
Development bank of Kazakhstan 5.62%
Maersk 4.28%
ZF Friedrichshafen AG 8.15%
Western Digital Cor 2.63%
Download the full history of the fund NAV per share PNB Total Return Bond Fund

Download

Become an investor

How it works?

Choose the Investment Fund and purchase its shares. Along with other investors you become the owner of the portfolio consisting of a variety of assets. The fund is managed by a professional with many years of experience that follows the market on a daily basis and decides on placement of the fund’s resources.
1
The fund is a grouped i.e. diversified portfolio of securities that decreases considerably the risk of the particular issuer.
2
Minimum investment is 1 investment certificate (around USD 1000) i.e. a part of the securities’ portfolio of emerging markets characterised by securities of high nominal value (USD 100 000 – 200 000).
3

Would you like to be an investor?

Fill in the forms and our financial consultant will call you back.

Major risks: the investments are not insured and profit is not guaranteed.

Commentary of Fund\'s Manager

В связи с ограничениями деятельности банка-держателя активов фонда «PNB Total Return Bond Fund», приостановлены операции с куплей и продажей долей фонда. Сейчас IPAS «PNB Asset Management» ведёт переговоры о заключении договора с новым банком-держателем, которые завершатся в ближайшее время.

За месяц стоимость доли фонда «PNB Total Return Bond Fund» выросла на 0,2% до нового максимума в $1019.5904 (€922.0387).

В августе были закрыты две позиции по государственным облигациям развивающихся стран — Бразилии и Южной Африки — с прибылью 11,2% и 5,2% соответственно. Признаки оживления показывают бумаги Pemex, который вернулись к своим весенним максимумам в районе уровня 94% от номинала. На протяжении всего месяца почти нет изменений в ценовой динамике Jaguar Land Rover. Это наводит на мысли, что в ближайшие недели мы можем увидеть отскок цен от уровня поддержки на отметке 82,7% от номинала.

Лидерами роста в этом месяце были облигации Western Digital (+4,7%) и Pemex (+2,2%). Больше других дешевел долг Jaguar Land Rover (-1,25%). По остальным эмитентам, ценовые изменения — менее существенные.

Read more

MANAGER OF THE FUND

Ģirts Veģeris

Member of the management board.

In year 1989 graduated from Cēsis Secondary School No 1 majoring in physics and mathematics. In year 1994 was awarded BSc. Since year 1995 works in the financial sector.

Mr. Veģeris started with insurance company Balta, and continued his career in the investment management company LVA established by several of the largest insurance companies of Latvia. LVA was acquired by AS PNB Banka in year 2006.

He has been into the management of the investment funds since 2000. As of year 2003 Mr. Veģeris is the manager of the resources of the following Tier 2 pension investment funds established by IPAS “PNB Asset Management”: PNB Active Investment Plan ‘GAUJA’, PNB Balanced Investment Plan ‘VENTA’ and PNB Conservative Investment Plan ‘DAUGAVA’.

INFORMATION ABOUT IPAS “PNB Asset Management”

On 1 July 1999 the Financial and Capital Market Commission (FCMC) issued to IPAS PNB Asset Management a licence for management of the investments.

On 4 October 2002 the Financial and Capital Market Commission (FCMC) issued to IPAS PNB Asset Management a licence for management of the resources of the state funded pension scheme (Tier 2 pensions).

On 16 December 2002 an agreement on management of the resources of the state-funded pension scheme was concluded with the State Social Insurance Agency (SSIA).

Reg. Nr. 40003411599
Registration date 24 September 1998 
Auditor of Fund SIA PricewaterhouseCoopers 
PROFILE OF THE FUND
Launch date: 11.01.2019
Custodian bank: AS "PNB Banka"
Auditor of Fund SIA PricewaterhouseCoopers 
ISIN kods LV0000400976