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Algebris Macro Credit B EUR Acc

Ranked 10 out of 331 in - Global over 12 months
All calculations are in EUR unless stated

Managed by

Alberto Gallo

Alberto Gallo joined Algebris in April 2016 to set up and manage the Algebris Macro Credit Fund, an unconstrained strategy investing across global bond and credit markets, and with lead responsibility for macro strategies. Before joining Algebris, Gallo initiated and ran the Global Macro Credit Research team at RBS, leading idea generation across credit markets. Gallo is active in the financial policy debate as a participant in the ECB and ESMA contact groups on macro financial stability, and as a frequent contributor to the Financial Times and the Wall Street Journal. Previously, he was a Global Credit Strategist at Goldman Sachs in New York. Prior to that, he initiated and ran the Global Credit Derivatives Strategy team at Bear Stearns. He started his career at Merrill Lynch in London. Gallo is a Chartered Financial Analyst and holds an MSc in economics and finance from Bocconi University, cum laude.

Objective

The Algebris Macro Credit Fund aims to achieve a high level of income diversifying across global bond and credit markets. The Fund intends to invest primarily in the following asset classes: debt securities to include corporate or government bonds with fixed or variable interest, investment or below investment grade, mortgage-backed and other asset-backed securities, senior and subordinated financial debt, convertible securities, contingent convertible instruments, hybrid securities, Tier 1 and upper and lower Tier 2 securities (which are forms of bank capital), and trust preferred securities (a type of hybrid security).

Showing fund performance in Luxembourg View performance globally

Performance

Global over : 31/12/2016 - 31/12/2017
  • Rank 10/331 Total Return
  • Rank 321/331 Standard Deviation
  • Rank 249/331 Max Drawdown
Fund Name Currency Return
8 Amundi Fds Bond Global - SHE (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

9.2%

9 Cigogne Fund Fixed Income Arbitrage O EUR EUR

8.7%

10 Algebris Macro Credit B EUR Acc EUR

8.5%

11 BG Sicav Invesco Financial Credit Bond C Cap EUR EUR

8.4%

12 ARCHEA Fund Bond Selection B1 EUR

8.3%

Fund Name Currency Risk
319 AZ Fund 1 Global Sukuk A-AZ Fund Acc EUR

5.5

320 BGF World Bond E2 EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

5.7

321 Algebris Macro Credit B EUR Acc EUR

5.7

322 HSBC GIF Global Asset-Backed Bond ZC EUR EUR

5.8

323 Heritam SICAV - Equinox Fund HP EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

5.9

Fund Name Currency Loss
248 IW4Me - Care A EUR

-2.1%

249 Algebris Macro Credit B EUR Acc EUR

-2.1%

250 LM Brandywine Glo Fxd Inc Fd A Acc (AH) EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.1%

251 Franklin Global Aggregate Bond A (acc) EUR-H1

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.2%

Total Return

Quarterly Performance

to 31/12/2017 Annual Q1 Q2 Q3 Q4
2017 8.5% 1.6% 0.5% 0.8% 5.4%
2016 3.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Germany
  3. Ireland
  4. Italy
  5. Luxembourg
  6. Netherlands
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date19/07/2016
  • Share Class size951Mn
  • Base currencyEUR
  • ISIN IE00BYT35244

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0

Charges

  • Annual management0.90%
  • Initial investment0

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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).