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GAM Multibond - ABS-EUR B

Ranked 29 out of 173 in - Euro over 12 months
All calculations are in EUR unless stated

Managed by

Laurence Kubli

Laurence Kubli is a portfolio manager focusing on asset backed securities and credit portfolios. Prior to joining GAM Group in October 2007, she was an ABS portfolio manager at Clariden Leu. Prior to that she worked as a global leveraged finance and CDO portfolio manager for Man Group (previously RMF Investment Management and Swiss Life Hedge Fund Partners). Laurence Kubli started her career in the Asset and Liability Department of Credit Suisse in 1992 and worked in the fixed income unit of Merrill Lynch Capital Markets from 1996 until 1999. She holds a Master in Banking and Finance from the University of St. Gallen and is based in Zurich.

Matthias Wildhaber

Matthias Wildhaber is a Portfolio Manager focusing on asset-backed securities and money market portfolios. He to joined GAM Group in August 2000. His previous experience includes a wide range of activities in the areas of performance controlling and third-party fund analysis. Matthias Wildhaber holds a Bachelor of Arts in Business Administration from the University of Applied Sciences, Baden, and is a Certified International Investment Analyst (CIIA/AZEK). He is based in Zurich.

Objective

The fund currently invests primarily in floating-rate Asset Backed Securities (ABS). The focus is on securities with an investment grade credit rating (AAA - BBB). Currency risks relative to the EUR are hedged systematically. The fund is suitable for clients with EUR as reference currency and wishing to invest in floating-rate ABS without taking increased interest rate or currency risks.

Showing fund performance in Luxembourg View performance globally

Performance

Euro over : 31/08/2017 - 31/08/2018
  • Rank 29/173 Total Return
  • Rank 4/173 Standard Deviation
  • Rank 2/173 Max Drawdown
Fund Name Currency Loss
1 Capital Four European Loan & Bond Fund A EUR

-0.5%

2 GAM Multibond - ABS-EUR B EUR

-0.5%

3 BMO Euro Liquidity Fund EUR

-0.6%

4 Oaktree European Senior Loan Fd A EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.7%

5 Focused SICAV - High Grade Bond EUR F-acc EUR

-0.7%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 0.3% -0.3%
2017 0.9% 0.3% 0.3% -0.1% 0.3%
2016 2.0% -0.2% 0.4% 1.7% 0.1%
2015 -0.8% -0.1% -0.1% -0.7% 0.0%
2014 1.2% 0.6% 0.3% 0.3% 0.0%
2013 3.0% 1.6% 0.2% 0.4% 0.8%
2012 7.4% 2.6% 0.6% 2.0% 2.1%
2011 1.4% 4.3% 1.4% -2.0% -2.1%
2010 12.2% 6.1% 0.6% 1.6% 3.5%
2009 12.6% -13.9% -0.3% 9.4% 20.0%
2008 -28.1% -4.0% -1.3% -2.3% -22.3%
2007 -3.3% 0.9% 0.9% -4.2% -0.7%
2006 2.7% 0.6% 0.7% 0.7% 0.7%
2005 2.0% 0.5% 0.5% 0.5% 0.5%
2004 0.3% 0.5%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2018

Top 10 Holdings

Stock Size
ARDMORE SECURITIES DESIGNATED ACTIVITY C 15-Aug-2057 1 3.10%
STORM B.V. 25-Jan-2065 181 2.94%
GRAND CANAL SECURITIES DESIGNATED ACTIVI 25-Feb-2055 1 2.77%
ALME LOAN FUNDING II LIMITED, DUBLIN 0.000% 15-Jan-2033 2.68%
ALME LOAN FUNDING LIMITED 15-Jan-2032 4R 2.56%
GRAND CANAL SECURITIES DESIGNATED ACTIVI 24-Dec-2058 2 2.31%
SLM STUDENT LOAN TRUST 3.800% 15-Dec-2033 037 2.26%
UNION DE CREDITOS INMOBILIARIOS FRN 16-Jun-2049 16 2.21%
Harvest CLO 12-Apr-2031 2.14%
SRF FONDO DE TITULIZACION 26-Apr-2064 161 2.14%
30/06/2018

Registered For Sale In

  1. Austria
  2. Denmark
  3. Estonia
  4. Finland
  5. France
  6. Germany
  7. Iceland
  8. Ireland
  9. Italy
  10. Latvia
  11. Liechtenstein
  12. Lithuania
  13. Luxembourg
  14. Netherlands
  15. Norway
  16. Singapore
  17. Spain
  18. Sweden
  19. Switzerland
  20. United Kingdom

Fund Info

  • Launch date30/04/2004
  • Share Class size19Mn
  • Base currencyEUR
  • ISIN LU0189453128

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.55%

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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).