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- LO Funds (CH) - Money Market (CHF) I A
LO Funds (CH)
Money Market (CHF)
ISINCH0396727759LO Funds (CH) - Money Market (CHF) I A
ISIN CH0396727759General information
| Asset Class | Fixed Income | |
| Category | Money Market | |
| Strategy | Money Market | |
| Fund base currency | CHF | |
| Share Class reference currency | CHF | |
| Benchmark | Swiss Average Rate Overnight Index | |
| Dividend Policy | accumulated | |
| Total Assets (all classes) in mn | CHF 397.45 | 30.09.2026 |
| Assets (share class) in mn | CHF 2.14 | 30.09.2026 |
| Number of positions | 49 | 31.12.2025 |
| TER | 0.17% | 31.01.2026 |
Risk rating
Lower riskHigher risk
1
1
2
2
3
3
4
4
5
5
6
6
7
7
The summary risk indicator assumes you keep the product for 1 week. The summary risk indicator is a guide to the level of risk of this product compared to other products. We have classified this product as 1 out of 7, which is the lowest risk class. The lowest risk category does not mean "risk free".
Past performance is not a guarantee of future results. If the funds are denominated in a currency other than that in which the majority of the investor's assets are held, the investor should be aware that changes in rates of exchange may affect the value of the funds' underlying assets. The portfolio risk management process includes an effort to monitor and manage risk, but does not imply low risk.
Performance & Statistics
Loading...
| As of |
| Share Class (Net) |
| Benchmark |
Sorry, we could not retrieve the data for this share class.
Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
Loading...
| As of |
| Share Class (Net) |
| Benchmark |
Sorry, we could not retrieve the data for this share class.
Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
Loading...
| As of |
| Share Class (Net) |
| Benchmark |
Sorry, we could not retrieve the data for this share class.
Any benchmarks/indices cited herein are provided for information purposes only. No benchmark/index is directly comparable to the investment objectives, strategy or universe of a fund.
Past performance does not predict future returns. Performances are net of all fees except any entry and exit fees. Dividend reinvested for accumulative classes / dividend not reinvested for distributive classes.
| Fund | Benchmark | |
|---|---|---|
| Total Return | 2.52% | 2.83% |
| Annualized Return | 0.62% | 0.70% |
| Annualized Volatility | 0.19% | 0.20% |
| Sharpe Ratio | -1.56 | -1.06 |
| Downside Deviation | 0.18% | 0.18% |
| Positive Months | 69.39% | 63.27% |
| Maximum Drawdown | -0.10% | -0.06% |
* Risk-Free Rate 0.91%Target Rate 0.91%
Calculations based on monthly time series
Earliest Date: 12.10.2022, Latest date: 09.10.2026
| Fund vs Benchmark | |
|---|---|
| Correlation | 0.981 |
| R2 | 0.962 |
| Alpha | -0.00% |
| Beta | 0.899 |
| Tracking Error | 0.04% |
| Information Ratio | -1.720 |
Key risks
The following risks may be materially relevant
but may not always be adequately captured by the synthetic risk indicator and may cause additional loss:
Credit risk: A significant level of investment in debt securities or risky securities implies that the risk of, or actual, default may have a material impact on performance. The likelihood of this depends on the credit-worthiness of the issuers.
Operational risk and risks related to asset safekeeping: In specific circumstances, there may be a material risk of loss resulting from human error, inadequate or failed internal systems, processes or controls, or from external events.
Financial, economic, regulatory and political risks: Financial instruments are impacted by various factors, including, without being exhaustive, the development of the financial market, the economic development of issuers who are themselves affected by the general world economic situation, and economic, regulatory and political conditions prevailing in the relevant country.
Highlights
LO Funds (CH) - Money Market (CHF) is a conservatively managed portfolio. Its cash management strategy has been in place since March 2010. The strategy invests in high quality (at least one top short-term rating) money market instruments such as commercial paper, certificates of deposit, time deposits, fixed rate bonds and floating-rate notes within strict diversification rules and maturity limits. In addition, weighted average maturity (WAM) and weighted average life (WAL) are respectively limited to 6 months and 12 months. It seeks to offer investors capital preservation, high liquidity, and returns in line with the Swiss Average Rate Overnight Index.
Risk management is based on a combination of guideline compliance monitoring and liquidity stress test scenarios.
The approach follows the conservative Asset Management Association Switzerland (AMAS) guidelines for Money Market Funds.
The strategy does not pursue a sustainability goal. However, it integrates environmental, social and/or governance ("ESG") considerations as part of its investment process seeking to identify ESG-related risks.
Breakdowns
Credit Ratings Fitch (in %)
| F1+ | 0.00% | 55.90% | |
| F1 | 0.00% | 39.10% | |
| F2 | 0.00% | 4.90% | |
| F3 | 0.00% | 0.00% | |
| Not rated | 0.00% | 0.00% |
Maturities (in %)
| Overnight | 0.00% | 24.90% | |
| 2 to 7 days | 0.00% | 13.20% | |
| 8 to 30 days | 0.00% | 23.50% | |
| 31 to 60 days | 0.00% | 19.80% | |
| 61 to 90 days | 0.00% | 5.40% | |
| 91 to 180 days | 0.00% | 7.60% | |
| 181 to 365 days | 0.00% | 5.60% |
Countries (in %)
| Switzerland | 0.00% | 35.00% | |
| France | 0.00% | 18.50% | |
| Luxembourg | 0.00% | 12.40% | |
| Netherlands | 0.00% | 10.90% | |
| Chile | 0.00% | 5.00% | |
| United Kingdom | 0.00% | 4.90% | |
| Supranationals | 0.00% | 4.80% | |
| Ireland | 0.00% | 3.70% | |
| United States | 0.00% | 3.10% | |
| Others | 0.00% | 1.70% |
Sectors (in %)
| Corporate & Non-Financial Issuers | 0.00% | 35.80% | |
| Liquid assets | 0.00% | 24.70% | |
| Governments & Sovereign Agencies | 0.00% | 15.20% | |
| Financial Issuers | 0.00% | 14.20% | |
| Covered Bonds & Collateralised Instruments | 0.00% | 6.40% | |
| Securitizations (ABCP & ABS/MBS) | 0.00% | 3.70% |
Allocations are subject to change.
Managers
David CallahanInvestment Management (Money Markets)
Read more David Callahan is head of the Cash Solutions team within Lombard Odier Investment Managers (LOIM)’s Fixed Income & Currencies Group. He joined in September 2009 as a money market portfolio manager.
Prior to joining, David was the head of money markets for the Abu Dhabi Investment Authority. Previously, he was a portfolio manager at Providian Financial Corp from 2004 to 2005, managing a bank portfolio focused on asset- and mortgage-backed securities as well as an interest rate swaps book. Before that, he was manager of the MBS portfolio at Charles Schwab Bank after originally joining Charles Schwab Investment Management (CSIM) as a credit analyst. Prior to that, he was a credit analyst for Evergreen Money Market Funds (now Wells Fargo Advantage Funds). Previously, he was a financial translator for Moody’s Investors Service from 1993 to 1999. He began his career as senior translator and business analyst at Europages in Paris in 1991.
David earned a master of arts degree in French from Middlebury College in Vermont in 1992. He also holds a bachelor of arts degree in French from Allegheny College in Pennsylvania. He is a CFA Charterholder and holds the FRM (Financial Risk Manager) designation.
Florian HellyInvestment Management (Money Markets)
Read more Florian Helly is portfolio manager in the Cash Solutions team within LOIM’s Fixed Income & Currencies Group. He joined in June 2010.
Prior to joining, Florian was a sales person in fixed income/structured credit sales at Unicredit Markets & Investment Bank from 2007 to 2010, focusing on French institutional investors and managing the sales of the bank’s CD program. He began his career as a fixed income sales analyst at Natixis Corporate & Investment Bank in 2005.
Florian earned a master’s degree in finance from the Georgia Institute of Technology in the United States in 2007. He also holds a master’s degree in management from Grenoble Management School in France.
Legal information
General information
| Domicile | Switzerland |
| Legal Form | FCP |
| Regulatory Status | Other investment fund for traditional investments |
| Registered in | CH |
| Class launch date | 12.10.2022 |
| Close of financial year | 31 July |
| Dividend Policy | accumulated |
| - Last dividend paid (14.11.2024) | CHF 2.17 |
| Governing law | Governing Law Federal Act of 23 June 2006 on Collective Investment Schemes (CISA). |
Fiscal Information
| DE Investmentsteuergesetz (InvStG) | Other Funds |
| AT Investmentfondsgesetz (InvFG) | Non-declared Fund |
| UK Reporting Status | No |
Management Company & Agents
| Management Company | Lombard Odier Asset Management (Switzerland) SA |
| Custodian | CACEIS Bank, Montrouge, succursale de Nyon / Suisse |
| Auditor | PricewaterhouseCoopers SA |
| Portfolio valuation | CACEIS (Switzerland) SA |
Dealing
Dealing
| Subscriptions and redemptions frequency | daily |
| Subscriptions and redemptions cut-off day | T |
| Subscriptions and redemptions cut-off time | 14:00 CET |
| Subscriptions and redemptions settlement date | T+1 |
| NAV valuation point | T |
| NAV calculation day | T |
| NAV calculation frequency | daily |
| Minimum Investment | CHF 1 million |
| Management Fee | 0.11% |
| Distribution Fee | 0.00% |
Security Numbers
| BLOOMBERG | LOIMMIA SW |
| ISIN | CH0396727759 |
| TELEKURS | 39672775 |
Prices
Prices over selected period
| Last | CHF | 0.00 | 102.52 | 09.10.2026 |
| First | CHF | 0.00 | 100.00 | 12.10.2022 |
| Highest | CHF | 0.00 | 102.62 | 03.06.2025 |
| Lowest | CHF | 0.00 | 100.00 | 12.10.2022 |
* Earliest Date: 12.10.2022, Latest date: 09.10.2026
Past performance does not predict future returns.