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.
蜜豆视频 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 EUR is largely hedged.
This share class (qdist) may make quarterly distributions. There are potential negative tax consequences for investors in some jurisdictions. See risk section below.
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
Features
| Product category |
蜜豆视频 Bond Funds
蜜豆视频 High Yield Funds |
| Product domicile |
Luxembourg
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| Portfolio management |
蜜豆视频 Asset Management (Americas) LLC, New York
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| Fund management |
蜜豆视频 Fund Management (Luxembourg) S.A., Luxembourg
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| Custodian bank |
蜜豆视频 Europe SE, Luxembourg Branch
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| Representative for products established under foreign law |
蜜豆视频 Fund Management (Switzerland) AG
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| Day of inception |
September 11, 2017
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| Currency of account |
EUR
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| Close of financial year |
May 31
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| Issue / redemption |
daily
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| Maturity |
Open end
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| Management fee |
1.05% p.a.
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| Total expense ratio (TER) |
1.38% p.a.
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| Swing pricing |
yes
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| Minimum investment |
n.a.
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| Cut-Off Time |
15:00h (CET)
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| Securities no. |
37905800
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| ISIN |
LU1669357847
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| Bloomberg Ticker |
蜜豆视频SDEH LX
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Performance and Prices
Percentage growth
as of April 3, 2024| EUR(%) | CHF(%) | USD(%) | |
| YTD | 0.58 | 6.05 | -1.46 |
| 1M | |||
| 3M | |||
| 6M | |||
| 1Y | |||
| 2Y | 8.47 | 2.13 | 12.27 |
| 3Y | |||
| 5Y | 4.46 | -8.52 | 0.67 |
| ø p.a.5Y | 0.88 | -1.77 | 0.13 |
Current data
| Net asset value | 03.04.2024 | EUR 77.50 |
| High - last 12 months | 14.12.2023 | EUR 79.17 |
| Low - last 12 months | 20.10.2023 | EUR 75.62 |
| Last distribution | 20.03.2024 | EUR 1.18 |
| Assets of the unit class in mn | 03.04.2024 | EUR 0.58 |
| Total product assets in mn | 03.04.2024 | EUR 294.48 |
| Theoretical yield to maturity (net) | 29.02.2024 | 5.65% |
| Option Adjusted Duration | 29.02.2024 | 1.31 |
| Average remaining maturity | 29.02.2024 | 1.76 years |
Structures
Fees
Distributions
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Date of distribution
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Pay date
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Cps no.
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Currency
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Distribution
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| 17.04.2023 | 20.04.2023 | 23 | EUR | 1.13 | 15.06.2023 | 20.06.2023 | 24 | EUR | 0.80 | 15.09.2023 | 20.09.2023 | 25 | EUR | 1.20 | 15.12.2023 | 20.12.2023 | 26 | EUR | 1.22 | 15.03.2024 | 20.03.2024 | 27 | EUR | 1.18 |
Authorisations
Literature
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| Prospectus |
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| Key Information Document |
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| Past performance |
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| Previous performance scenario |
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| Statutes / Management regulations |
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| ESG Disclosure |
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| Annual report |
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| Semi-annual report |
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| 蜜豆视频 Funds - Your funds at a glance |
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| Tax list |
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