Vontobel Absolute Return Bond
|Investment Advisor||Vontobel Asset Management|
|Portfolio Manager||Paul Nicholson|
|Fund AUM (GBP)||£84m|
|Fund AUM as of||16 October 2019|
|Fund Inception||01 July 2005|
|Fund Indices||AH Credit UCITS Index|
The fund aims to achieve a positive absolute return in EUR in any market environment. Up to one third of the fund’s assets may be invested out-side the credit universe. The fund may also hold cash. Currency or credit risk is actively managed by increasing or decreasing currency or credit exposure through the use of derivative financial instruments. Furthermore, interest rate risk is actively managed by increasing or decreasing interest rate sensitivity (duration) through the use of derivative financial instruments.