Funds and prices

Overview

The actively managed fund invests in a diversified portfolio of high-yield bonds with short durations and low ratings.

The fund provides investors exposure to the high yield sector with an up in quality and potentially less volatile risk/return profile compared to a full maturity High Yield strategy.

斗牛棋牌在线 Asset Management categorizes this fund as a Sustainability Focus fund. The fund promotes environmental and/or social characteristics.

This sub-fund promotes environmental and/or social characteristics but does not have a sustainable investment objective.

The portfolio manager is not tied to the benchmark in terms of investment selection or weight.

The exchange rate risk between USD and CHF is largely hedged.

Benefits

Investors benefit from exposure to High Yield as an asset class with an up in quality and potentially less volatile risk/return profile compared to a full maturity High Yield strategy.

Integrating material sustainability criteria into credit research alongside financial analysis enhances our credit research and helps us make better informed investment decisions as well as providing a more holistic risk assessment.

Credit risk is managed both by an experienced team drawing on fundamental credit research, and by diversifying the portfolio.

Risks

Depending on the credit quality, the default risk is higher for high yield bonds than investment grade corporate and government bonds. Changes in interest rates affect the value of the portfolio which requires corresponding risk tolerance and capacity. All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. The fund can use derivatives, which may result in additional risks (particularly counterparty risk). All investments are subject to market fluctuations. Every fund has specific risks, which can significantly increase under unusual market conditions. Please consult your client advisor for more information on the investment risks of this product.

Features

Product category
Bond
High Yield
Product domicile
Luxembourg
Portfolio management
斗牛棋牌在线 Asset Management (Americas) LLC, New York
Fund management
斗牛棋牌在线 Fund Management (Luxembourg) S.A., Luxembourg
Custodian bank
斗牛棋牌在线 Europe SE, Luxembourg Branch
Representative for products established under foreign law
斗牛棋牌在线 Fund Management (Switzerland) AG
Day of inception
April 17, 2013
Currency of account
CHF
Close of financial year
May 31
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Management fee
0.50% p.a.
Total expense ratio (TER)
0.65% p.a.
Minimum investment
n.a.
Cut-Off Time
15:00h (CET)
Securities no.
21033091
ISIN
LU0913264692
Bloomberg Ticker
USCHIA1 LX
Telekurs Id
n.a.

Performance and Prices

Percentage growth

as of April 3, 2024
Cumulative
CHF(%) EUR(%) USD(%)
YTD 0.54 -4.65 -6.59
1M
3M
6M
1Y
2Y 5.98 12.56 16.50
3Y
5Y 6.08 21.13 16.74
ø p.a.5Y 1.19 3.91 3.14

Current data
Net asset value 03.04.2024 CHF 113.67
High - last 12 months 28.03.2024 CHF 113.85
Low - last 12 months 25.05.2023 CHF 108.15
Assets of the unit class in mn 03.04.2024 CHF 2.54
Total product assets in mn 03.04.2024 CHF 288.70
Option Adjusted Duration 29.02.2024 1.31
Average remaining maturity 29.02.2024 1.76 years

Structures

Fees

Flat fee
0.6300%
Management fee p.a.
0.5000%

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
Austria
Ernst & Young Steuerberatungsgesellschaft m.b.H. Wien
Chile
斗牛棋牌在线 Asset Management (Americas) Inc.
Finland
斗牛棋牌在线 AG, Stockholm
Germany
斗牛棋牌在线 Europe SE
Liechtenstein
Liechtensteinische Landesbank AG
Luxembourg
斗牛棋牌在线 Fund Services (Luxembourg) S.A.
Netherlands
斗牛棋牌在线 Investment Bank Nederland BV.
Singapore
斗牛棋牌在线 Asset Management (Singapore) Ltd.
Sweden
斗牛棋牌在线 AG, Stockholm
Switzerland
斗牛棋牌在线 Fund Management (Switzerland) AG
United Kingdom
斗牛棋牌在线 Asset Management (UK) Limited

Literature

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Brochures
Document type
Document Language
Fact Sheet
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Fact Sheet - Bond
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Fact Sheet - High Yield
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Agreement / Prospectus
Document type
Document Language
Prospectus
Key Information Document
Past performance
Previous performance scenario
Statutes / Management regulations
ESG Disclosure
Annual and semi-annual report (accounting on May 31)
Document type
Document Language
Annual report
Semi-annual report