Landsbref Government Bond Fund Indexed

Who should invest?

The fund is suitable for investors interested in returns based on indexed Icelandic government bonds. The fund invests in indexed bonds guaranteed by the National Treasury and other government-backed indexed receivables. The fund has no stated average duration of assets.

Investment Strategy

Indexed bonds guaranteed by the National Treasury comprise 90-100% of the fund's investments; deposits account for 0-10%. Creditor risk is thus limited to the Icelandic State and deposit-taking institutions.

Performance

Min: 18.19 Max: 19.43 Start: 18.20 End: 19.43

Investment Policy

Investment categories 8/1/2020 Min Max
Indexed bonds issued or guaranteed by the National Treasury 98.5% 80% 100%
Deposits 1.7% 0% 20%
Cash 0.0% 0% 10%

About the Fund

The Fund is a UCITS operating pursuant to Act No. 128/2011, on UCITS, Investment Funds and Institutional Investor Funds, and is supervised by the Icelandic Financial Supervisory Authority (FME). The Fund is managed by Landsbréf hf., a management company licensed to operate in Iceland and supervised by the FME. Landsbankinn hf. serves as custodian bank for the Fund. Information about taxation is available in the document “Taxation”. Investment in funds always involves risk as the price of units can both increase and decrease due to changes in the value of underlying assets and exchange rate fluctuations where fund assets are in foreign currencies. Past returns are not necessarily an indication of future returns. Investors are advised to acquaint themselves thoroughly with key information and the prospectus of funds prior to investing. The redemption value of the Fund’s units is the market value of its total assets less any debts of the Fund, such as unpaid administrative and management costs, and other costs.

Share Classes
Bloomberg ISIN Min investment Man. fee
LABRGBI IR IS0000019818 5,000 ISK 0.80%

More information

  • Contact us by phone +354 410 4040 | e-mail | Online form
  • Landsbanki - Investments and Pension Services
  • Austurstraeti 11
  • 155 Reykjavik, Iceland

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Nominal Return

Nominal Return 7/31/2020

Period Uppsafn. Ársgr.
YtD 7.68% -
Past month 0.12% -
Past 2 months 1.02% -
Past 3 months 2.25% -
Past 6 months 6.70% -
Past year 6.95% 6.95%
Past 2 years 18.50% 8.86%
Past 3 years 25.26% 7.80%
Past 4 years 37.65% 8.32%
Past 5 years 34.92% 6.17%

Information

Registration no. 610110-9830
Fund type Fixed income fund
Legal form UCITS
Inception date May 6, 2010
Domicile Iceland
Net asset value 7,195.2 m. ISK
Base currency ISK
Fund managers Rósa Björgvinsdóttir Sandra B. Ævarsdóttir
Trading hours 9:30 AM - 2:30 PM GMT
Settlement - Buys 2 bankdays
Settlement - Sells 2 bankdays
Bid-ask spread 1%
Transaction fee 450 ISK
Subscription available Yes
Spread discount for subscribers 100%

Documents