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AB SICAV I-Euro High Yield Portfolio I EUR

Ranked 39 out of 59 in - Euro High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Gershon Distenfeld

Gershon Distenfeld was born in 1975 in New York. He holds BA in finance from the Sy Syms School of Business at Yeshiva University in New York and is a CFA Charterholder. He started his career in July 1997 at Lehman Brothers as an emerging markets operations analyst, and in May 1998 joined Alliance Bernstein as a high yield trader. He then started managing high yield portfolios and is currently director of high yield. Outside of work, Gershon enjoys golf, backgammon and American football.

Jorgen Kjaersgaard

Jørgen Kjærsgaard is head of European credit at Alliance Bernstein. He serves as portfolio manager for European Credit and heads the UK & Euro, High-Yield and Investment-Grade Credit portfolio-management teams. Prior to joining the firm in 2007, Jørgen was executive director for structured credit solutions at Rabobank. He holds a BSc in Business Administration and an MBSc in Finance from the Aarhus School of Business at Aarhus University.

William Smith

Objective

The investment objective of the Portfolio is to produce high total return through a combination of income and capital appreciation. The Investment Manager expects that, at any time, no less than 50% of the Portfolio's net assets will be invested in corporate high yield debt obligations rated below Investment Grade debt (at time of purchase), and, at least two-thirds of the Portfolio's net assets will be invested in a combination of these below Investment Grade debt securities and those Investment Grade debt securities the Investment Manager deems to possess desirable high yielding characteristics and/or potential for high overall total return (at time of purchase).

Showing fund performance in Luxembourg View performance globally

Performance

Euro High Yield over : 30/06/2017 - 30/06/2018
  • Rank 39/59 Total Return
  • Rank 54/59 Standard Deviation
  • Rank 50/59 Max Drawdown
Fund Name Currency Loss
48 UniInstitutional Euro Subordinated Bonds

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.9%

49 Phaidros Funds - Fallen Angels A EUR

-4.1%

50 AB SICAV I-Euro High Yield Portfolio I EUR EUR

-4.2%

51 Deka-CorporateBond High Yield Euro CF

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.3%

52 VALOR - Bohler-Spirit High Yield Bond Fund R EUR

-4.3%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -1.1% -2.5%
2017 7.8% 2.0% 2.9% 1.6% 1.1%
2016 9.6% 2.8% 1.1% 3.2% 2.2%
2015 -0.5% 2.9% -1.4% -3.1% 1.1%
2014 4.3% 2.7% 2.1% -1.4% 0.9%
2013 10.8% 1.4% 0.3% 4.2% 4.6%
2012 29.4% 12.9% -1.3% 8.4% 7.0%
2011 -3.8% 4.2% 0.2% -11.6% 4.2%
2010 -3.5% 9.5% 0.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. Finland
  3. France
  4. Iceland
  5. Luxembourg
  6. Netherlands
  7. Norway
  8. Singapore
  9. Sweden
  10. Switzerland
  11. United Kingdom

Fund Info

  • Launch date15/03/2010
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN LU0496388686

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management0.65%
  • Initial investment0.65

Related News

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