Ucits at a glance

Ucits see red in a tough June for returns

June marked an exceptionally tough month for Ucits funds, as none of those listed in the Creditflux database made it into the black. 100% of funds were negative and only 23% made returns better than -1% last month. Xaia was the closest to the positive mark, as the manager hit -0.09% and -0.17% for Credit Basis I & II respectively. LBBW still leads the 2022 year-to-date table with 1.78% despite a -0.40% return in June.