Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Muzinich Global Tactical Credit Hdgd Euro Acc A

Ranked 7 out of 16 in - Absolute Return USD over 12 months
All calculations are in EUR unless stated

Managed by

Michael McEachern

Objective

The Fund seeks to generate consistent attractive returns on a risk-adjusted basis over a 3 to 5 year period through investments in high yield (i.e. sub-investment grade) corporate bonds and/or investment grade corporate bonds issued by US, European and emerging market issuers (flexible allocation between high yield and investment grade, and among various geographies). The Investment Manager will primarily invest in fixed and/or floating rate corporate bonds (normally less than 40% of the Net Asset Value of the Fund will be invested in emerging market issuers), which are listed and/or traded on a Recognised Exchange.

Showing fund performance in Luxembourg View performance globally

Performance

Absolute Return USD over : 30/06/2016 - 30/06/2017
  • Rank 7/16 Total Return
  • Rank 11/16 Standard Deviation
  • Rank 8/16 Max Drawdown
Fund Name Currency Return
5 JPM Emerging Markets Strategic Bd A (perf)AccEUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

4.3%

6 Schroder ISF Global Unconstrained Bd EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

3.1%

7 Muzinich Global Tactical Credit Hdgd Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

2.0%

8 Schroder ISF Em Mkts Debt Abs Ret EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9%

9 PS II-Total Return Fixed Income Fund-HR EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.8%

Fund Name Currency Risk
9 CS (Lux) Absolute Return Bond Fund BH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.0

10 Schroder ISF Asian Bond Abs Ret EUR Hdg A1 Dis

Currency exposure is hedged

Currency exposure is hedged

EUR

2.2

11 Muzinich Global Tactical Credit Hdgd Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

2.3

12 Schroder ISF Global Unconstrained Bd EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

3.1

13 Schroder ISF Em Mkts Debt Abs Ret EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

3.7

Fund Name Currency Loss
6 PS II-Total Return Fixed Income Fund-HR EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

7 Pictet-Absolute Return Fixed Income-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.4%

8 Muzinich Global Tactical Credit Hdgd Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.6%

8 CS (Lux) Absolute Return Bond Fund BH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.6%

10 JPM Global Absolute Return Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.6%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 0.5% 0.8%
2016 4.6% 2.4% 1.6% 1.4% -0.8%
2015 0.4% 1.6% -0.7% -0.5% 0.1%
2014 1.7% -0.8% 0.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date07/02/2014
  • Share Class size129Mn
  • Base currencyEUR
  • ISIN IE00BHLSJ159
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.05%

Related News

AAA-rated credit star: Brazil turmoil creates buying opportunity

Muzinich’s Michael McEachern and Mirae’s Malcolm Dorson reveal how they are taking advantage of Brazil’s political woes.

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