Investment Objective
The Hermes Absolute Return Credit Fund aims to target an absolute return over rolling 12 month periods, regardless of market conditions. The Fund can invest both long and short in bonds, CDS and loans, across all geographies.
Performance
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 0.6 | 0.1 | 0.9 | 0.0 | 0.3 | 0.9 | 0.7 | 0.3 | 0.0 | 0.7 | 0.2 | 0.7 | 0.1 | |
2022 | 0.3 | 0.3 | 0.2 | 0.9 | 0.5 | 0.2 | 0.3 | 1.0 | 0.2 | 0.5 | 0.2 | 0.8 | 0.7 |