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Muzinich Global Tactical Credit Hdgd EUR Inc Fndr

Ranked 6 out of 10 in - Absolute Return USD over 12 months
All calculations are in EUR unless stated

Managed by

Michael McEachern

Objective

The Fund seeks to generate consistent attractive returns on a risk-adjusted basis over a 3 to 5 year period through investments in high yield (i.e. sub-investment grade) corporate bonds and/or investment grade corporate bonds issued by US, European and emerging market issuers (flexible allocation between high yield and investment grade, and among various geographies). The Investment Manager will primarily invest in fixed and/or floating rate corporate bonds (normally less than 40% of the Net Asset Value of the Fund will be invested in emerging market issuers), which are listed and/or traded on a Recognised Exchange.

Showing fund performance in Ireland View performance globally

Performance

Absolute Return USD over : 31/08/2016 - 31/08/2017
  • Rank 6/10 Total Return
  • Rank 6/10 Standard Deviation
  • Rank 6/10 Max Drawdown
Fund Name Currency Return
4 JPM Emerging Markets Strategic Bd A (perf)AccEUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

4.4%

5 Russell Investments Unconstrained Bond EH-U Acc EUR

2.6%

6 Muzinich Global Tactical Credit Hdgd EUR Inc Fndr

Currency exposure is hedged

Currency exposure is hedged

EUR

1.5%

7 BNY Mellon Global Dynamic Bond I EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

0.5%

8 JPM Global Strategic Bond A (perf) Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

0.3%

Fund Name Currency Risk
4 JPM Global Strategic Bond A (perf) Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

1.3

5 PIMCO GIS Unconstrained Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

6 Muzinich Global Tactical Credit Hdgd EUR Inc Fndr

Currency exposure is hedged

Currency exposure is hedged

EUR

1.8

7 Russell Investments Unconstrained Bond EH-U Acc EUR

2.7

8 BlueBay Total Return Credit C EUR (QIDiv)

Currency exposure is hedged

Currency exposure is hedged

EUR

3.8

Fund Name Currency Loss
4 JPM Global Strategic Bond A (perf) Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

5 Russell Investments Unconstrained Bond EH-U Acc EUR

-1.2%

6 Muzinich Global Tactical Credit Hdgd EUR Inc Fndr

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.4%

7 JPM Global Absolute Return Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.8%

8 Legg Mason Brandywine Gl Fxd Inc Abs PrmrEURAccHdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.3%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 0.7% 1.0%
2016 5.4% 2.6% 1.8% 1.6% -0.6%
2015 1.2% 1.8% -0.5% -0.3% 0.3%
2014 3.3% 1.8% 1.8% -0.6% 0.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Ireland
  4. Switzerland
  5. United Kingdom

Fund Info

  • Launch date13/11/2013
  • Share Class size150Mn
  • Base currencyEUR
  • ISIN IE00BF5S8Q55
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment100Mn
  • Min. regular additional investment0

Charges

  • Annual management0.35%

Related News

AAA-rated credit star: Brazil turmoil creates buying opportunity

Muzinich’s Michael McEachern and Mirae’s Malcolm Dorson reveal how they are taking advantage of Brazil’s political woes.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).