Fund strategy
The Portfolio's investment objective is to increase the value of your investment over time through total return, using a combination of income and capital growth. The Investment Manager also aims to exploit price opportunities that arise from investors overreactions to macroeconomic, market, industry or company changes. Under normal market conditions, the Portfolio typically invests at least two thirds of its assets in debt securities and at least 50% of its assets in debt securities that are rated below investment grade. These securities may be from issuers anywhere in the world, including Emerging Markets.
Performance
Fees and Expenses
Total Returns
Fund's details
Geographical Distribution
Fund's portfolio distribution among the different geographical areas.
| Germany | 16,80% | |
| United States of America | 13,75% | |
| France | 12,90% | |
| Italy | 12,18% | |
| United Kingdom | 10,30% | |
| Spain | 9,62% | |
| Others | 6,96% | |
| Netherlands | 6,75% | |
| Sweden | 5,57% | |
| Luxembourg | 5,17% |
By investments
Fund's investments distribution.
| Grifols Escrow Issuer Sa 3.875%, 10/15/28 | 1,69% |
| Intrum Ab 3.00%, 09/15/27 | 1,53% |
| Lorca Telecom Bondco Sa 4%, 09/18/27 | 1,37% |
| Schaeffler Ag 3.375% 10/12/28 | 1,23% |
| Ziggo Bond Co Bv 3.375% 02/28/30 | 1,08% |
| Altice France Sa/france 5.875%, 02/01/27 | 1,05% |
| Netflix Inc 3.625% 06/15/30 | 1,03% |
| Iqvia Inc 2.25% 03/15/29 | 1,02% |
| Techem Verwaltungsgesellschaft 2.00% 07/15/25 | 0,99% |
| Nidda Healthcare Holding 3.50% 09/30/24 | 0,99% |
By sector
Fund's possitions distribution by the sdctor they belong to.
| Corporates (non Investment Grade) | 89,63% |
| Corporates (investment Grade) | 4,93% |
| Investment Companies | 3,44% |
| Emerging Corporate Bonds | 2,00% |
