Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Muzinich Global Tactical Credit Hdg Euro Acc A

Ranked 10 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 three to five year period. The Fund invests primarily in corporate bonds (securities that represent an obligation to repay a debt along with interest). These bonds may include high yield (sub investment grade) and investment grade bonds issued by U.S., European as well as emerging market issuers. The portfolio is well-diversified globally across at least 50 issuers. The Investment Manager may use derivatives to hedge investments in the Fund's securities and their related assets, markets and currencies.

Showing fund performance in Luxembourg View performance globally

Performance

Absolute Return USD over : 30/09/2017 - 30/09/2018
  • Rank 10/16 Total Return
  • Rank 5/16 Standard Deviation
  • Rank 9/16 Max Drawdown
Fund Name Currency Return
8 BlueBay Total Return Credit I EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.4%

9 Pictet-Absolute Return Fixed Income-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.8%

10 Muzinich Global Tactical Credit Hdg Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.2%

11 Schroder ISF Asian Bond Tot Ret A1 Dis EURH MV

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.3%

12 Schroder ISF Global Unconstrained Bd EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.7%

Fund Name Currency Risk
3 Alpinum SICAV-SIF - Credit Fund AH

Currency exposure is hedged

Currency exposure is hedged

EUR

1.0

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

Currency exposure is hedged

Currency exposure is hedged

EUR

1.3

5 Muzinich Global Tactical Credit Hdg Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

1.3

6 Goldman Sachs Strat Abs Rtn Bond I Pf OCS EUR-H

Currency exposure is hedged

Currency exposure is hedged

EUR

1.4

6 Pictet-Absolute Return Fixed Income-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.4

Fund Name Currency Loss
7 Goldman Sachs Strat Abs Rtn Bond I Pf OCS EUR-H

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.5%

8 Pictet-Absolute Return Fixed Income-HI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

9 Muzinich Global Tactical Credit Hdg Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

10 Schroder ISF Asian Bond Tot Ret A1 Dis EURH MV

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.5%

11 Schroder ISF Global Unconstrained Bd EUR Hdg A Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.8%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.6% -1.2% -0.4%
2017 1.9% 0.5% 0.8% 0.6% -0.1%
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 size102Mn
  • Base currencyEUR
  • ISIN IE00BHLSJ159
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.05%
  • Initial investment1.05%

Related News

Long on bonds: who to watch in USD absolute return bonds

VIDEO: A closer look at the outperformers and rising stars in this fast-growing sector.

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).