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Candriam Bonds Euro High Yield I Cap

Ranked 5 out of 58 in - Euro 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 with offers investors exposure to the Euro 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), denominated in EUR, 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, arbitrage).

Showing fund performance in Luxembourg View performance globally

Performance

Euro High Yield over : 30/09/2017 - 30/09/2018
  • Rank 5/58 Total Return
  • Rank 32/58 Standard Deviation
  • Rank 21/58 Max Drawdown

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.8% -1.0% 2.1%
2017 5.9% 1.3% 2.4% 1.4% 0.6%
2016 8.0% 2.3% 1.2% 3.2% 1.1%
2015 3.4% 3.7% -1.0% -1.9% 2.7%
2014 6.4% 2.7% 2.8% -0.1% 0.9%
2013 10.1% 1.7% 0.1% 4.1% 3.9%
2012 23.6% 9.4% 0.6% 6.1% 5.9%
2011 0.9% 2.7% 0.9% -8.2% 6.1%
2010 14.2% 6.6% -2.2% 7.3% 2.2%
2009 53.2% 5.6% 21.6% 15.5% 3.3%
2008 -34.6% -8.0% 1.6% -8.8% -23.4%
2007 -2.5% 1.7% 0.2% -2.0% -2.5%
2006 8.7% 2.2% 0.0% 3.4% 2.8%
2005 5.4% -0.5% 1.7% 3.1% 1.1%
2004 13.5% 2.9% 0.2% 4.5% 5.3%
2003 4.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date08/09/2003
  • Base currencyEUR
  • ISIN LU0144746509

Purchase Info

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

Charges

  • Annual management0.60%
  • 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).