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Candriam Bonds Global High Yield I Cap

Ranked 60 out of 111 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Nicolas Jullien

Nicolas Jullien has been deputy head of high yield & credit arbitrage at Candriam since 2017. He has been a senior fund manager at Candriam since 2013, and has spent his entire career at Candriam, joining in 2007 as a fund manager. Jullien holds actuarial degree and a master’s in actuarial and financial sciences, both from University Claude Bernard Lyon I in France. He has been a CFA Charterholder since 2012.

Philippe Noyard

Philippe Noyard has been head of high yield & credit arbitrage management at Candriam since 2009. He is also a member of our Credit Risk Committee. In 1987 he joined Neuflize Schlumberger Mallet in France as a portfolio manager and two years later moved to Candriam, also as a portfolio manager. He was appointed head of high yield management in 1999, and head of high yield & credit arbitrage management and a member of our Credit Risk Committee in 2009. He has master’s degrees in economics and finance and in finance & wealth management from the University of Economy in Clermont-Ferrand in France.

Patrick Zeenni

Patrick Zeenni, CFA, has been deputy head of high yield & credit arbitrage management at Candriam since 2011. He began his career in 1995 in bond origination at Société Générale, moving a year later to Bayerische Landesbank as head of bonds and derivatives. In 2003 he became a senior fund manager at Candriam, and assumed his current responsibilities in 2011. Zeenni holds master’s degrees in finance and financial markets from Paris Dauphine University. He has been a CFA charterholder since 2010.

Objective

The fund offers investors exposure to the Global High Yield corporate bonds market, to benefit from attractive yielding debt of companies with a high credit risk. The fund invests predominantly in bonds or in derivative instruments (credit derivatives based on indices or individual names) issued by companies with a rating exceeding B-/B3. The fund may use currency, volatility, interest rate or credit derivatives for efficient portfolio management purposes (hedge, exposure).

Showing fund performance in Luxembourg View performance globally

Performance

Global High Yield over : 31/08/2017 - 31/08/2018
  • Rank 60/111 Total Return
  • Rank 58/111 Standard Deviation
  • Rank 65/111 Max Drawdown
Fund Name Currency Return
59 Swiss Life Funds (LUX) Bd Gl High Yield R EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

60 Candriam Bonds Global High Yield I Cap EUR

-0.5%

61 FISCH Bond Global High Yield Fund AE2 EUR

-0.5%

62 Aramea Rendite Plus A EUR

-0.5%

Fund Name Currency Risk
56 Mirabaud-Global High Yield Bond-AH Cap EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

57 BlueBay Global High Yield Bond B EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.4

58 Candriam Bonds Global High Yield I Cap EUR

2.5

59 Janus Henderson Glo High Yield AEURacc(Hedged)

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

60 Barings Global High Yield Bond E EUR Acc EUR

2.5

60 Neuberger Berman Global HY Bond EUR M Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

Fund Name Currency Loss
63 FISCH Bond Global High Yield Fund AE2 EUR

-2.9%

64 LO Funds III - High Yield Convertible Bond IA EUR

-3.0%

65 Candriam Bonds Global High Yield I Cap EUR

-3.0%

66 Oaktree (Lux.) Fds Oaktree Global HY Bd FdH EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

67 Schroder ISF Global High Yield EUR Hedged A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -2.1% -0.4%
2017 5.0% 1.8% 2.0% 1.3% -0.1%
2016 9.3% 2.9% 1.7% 3.6% 0.8%
2015 1.1% 3.2% -0.9% -2.6% 1.5%
2014 4.7% 2.4% 2.4% -0.8% 0.7%
2013 6.8% 1.7% -0.8% 2.5% 3.3%
2012 14.4% 5.0% 0.9% 4.3% 3.6%
2011 6.5% 2.6% 1.0% -3.1% 6.0%
2010 13.6% 4.5% -0.2% 6.8% 2.1%
2009 28.0% -2.1% 14.5% 10.4% 3.5%
2008 -23.1% -7.3% 3.7% -5.3% -15.7%
2007 -1.1% 1.9% 0.3% -1.7% -1.6%
2006 6.6% 1.3% -0.6% 2.9% 2.8%
2005 4.1% -0.7% 1.9% 2.1% 0.8%
2004 9.2% 1.7% -0.2% 3.7% 3.7%
2003 3.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Finland
  4. France
  5. Germany
  6. Ireland
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date15/09/2003
  • Base currencyEUR
  • ISIN LU0170293806

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment0

Charges

  • Annual management0.55%
  • Initial investment0.00%

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