Investment Objective
The fund aims to provide an absolute return after fees have been deducted by investing in bonds denominated in Euro issued by companies worldwide. Absolute return means the fund seeks to provide a positive return over a 12-month period in all market conditions, but this cannot be guaranteed and your capital is at risk. The fund is actively managed and invests at least two-thirds of its assets long or short (through the use of derivatives) in bonds denominated in Euro issued by governments, government agencies, supra-nationals and companies worldwide.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.6 | 0.0 | 0.3 | 0.2 | 0.6 | 0.4 | 0.6 | 0.7 | 0.2 | 0.3 | 0.6 | 0.6 | 0.3 | |
| 2022 | 0.8 | 0.5 | 0.6 | 0.6 | 0.1 | 0.7 | 0.7 | 0.1 | 0.6 | 0.8 | 0.9 | 0.9 | 0.1 |
