NN (L) European High Yield - I Cap EUR (hedged ii)

Register to Unlock Ratings
Performance History30/04/2021
Growth of 1,000 (GBP) Advanced Graph
NN (L) European High Yield - I Cap EUR (hedged ii)
Fund8.3-3.32.112.0-0.5
+/-Cat-2.0-0.1-0.65.20.8
+/-B’mrk-2.8-0.6-3.04.00.2
 
Key Stats
NAV
11/05/2021
 EUR 9880.74
Day Change -0.14%
Morningstar Category™ EUR High Yield Bond
ISIN LU0529383175
Fund Size (Mil)
11/05/2021
 EUR 158.67
Share Class Size (Mil)
11/05/2021
 EUR 39.12
Max Initial Charge 2.00%
Ongoing Charge
19/02/2021
  0.90%
Morningstar Research
Analyst Report

NN Europe High Yield's seasoned leadership duo implements a high-conviction bottom-up approach that has successfully added value for patient investors over the long term. However, the continuous high turnover within the team in recent years is a...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleAverage
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: NN (L) European High Yield - I Cap EUR (hedged ii)
This Sub-Fund shall invest primarily in high yield bonds denominated in European currencies. These bonds are different from traditional “Investment Grade” bonds in that they are issued by companies presenting a higher risk in terms of their ability to fully honour their financial commitments, which explains why they offer a higher return. Measured over a period of several years this Sub-Fund aims to beat the performance of the Benchmark BofA Merrill European Currency High Yield Constrained x Sub Financials.
Returns
Trailing Returns (GBP)11/05/2021
YTD-1.63
3 Years Annualised3.35
5 Years Annualised6.88
10 Years Annualised5.59
12 Month Yield 0.00
Management
Manager Name
Start Date
Sjors Haverkamp
06/08/2010
Jeroen Heemskerk
06/08/2010
Click here to see others
Inception Date
06/08/2010
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA EurCcy HY xSubFin Ctd TR HEURBBgBarc Pan Euro HY Euro TR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  NN (L) European High Yield - I Cap EUR (hedged ii)28/02/2021
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.440.000.44
Bond88.080.0088.08
Property0.000.000.00
Cash25.6419.885.76
Other5.720.005.72

Related

In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

Audience Confirmation


By clicking 'accept' I acknowledge that this website uses cookies and other technologies to tailor my experience and understand how I and other visitors use our site. See 'Cookie Consent' for more detail.

  • Other Morningstar Websites
© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement