Have you ordered? Receive. New fund from FinEx with dividend payment

The new FXRD fund invests in developed market bonds. FXRD represents bonds of over 40 issuers from developed markets, including such giants as Ford, Rolls-Royce, Commerzbank, Bacardi, Kraft Foods and others. The fund has a total of 180 bond issues with an average rating of BB +.

Includes high yield bonds of the upper segment of non-investment credit rating

The performance of the FXRD fund is measured in rubles, although initially the assets are dollar-denominated. The asset currency is converted to ruble through the currency swap, which is customary for Finex.

A unique feature of FXRD is that it pays dividends twice a year. The amount of payments is strictly tied to the average rate of the Bank of Russia for the previous 6 months, plus it contains an additional premium of 1.5 percentage points.

Fund keeps track of the index

Solactive USD Fallen Angel Issuer Capped Index, which includes such giants as: Ford, Rolls-Royce, Commerzbank, Bacardi, Kraft Foods and others.

Who is this fund for?

This fund, with its cost just over 100 rubles. suitable for conservative investors who are interested in a yield of around 7.5% per annum.

This yield is slightly higher than what can be obtained in OFZ at the moment, which means there will be interest.

The fund’s commission of 0.7% per year should also be taken into account when calculating a strategy with this fund.

Always analyze securities and buy and sell only in accordance with your strategy.

Don’t have a strategy yet?