Vontobel Fund - TwentyFour Absolute Return Credit Fund AI GBP

Register to Unlock Ratings
Performance History30/04/2024
Growth of 1,000 (GBP) Advanced Graph
Vontobel Fund - TwentyFour Absolute Return Credit Fund AI GBP
Fund2.30.4-4.95.91.3
+/-Cat-0.70.71.5-1.70.8
+/-B’mrk-0.81.42.3-1.01.3
 
Key Stats
NAV
21/05/2024
 GBP 86.93
Day Change 0.07%
Morningstar Category™ GBP Corporate Bond - Short Term
IA (formerly IMA) Sector Targeted Absolute Return
ISIN LU1267852249
Fund Size (Mil)
21/05/2024
 GBP 2864.60
Share Class Size (Mil)
21/05/2024
 GBP 0.84
Max Initial Charge 5.00%
Ongoing Charge
26/01/2024
  0.51%
Investment Objective: Vontobel Fund - TwentyFour Absolute Return Credit Fund AI GBP
The Sub-Fund aims to achieve a positive absolute return in any market environment over a period of 3 years by keeping a modest level of volatility. While respecting the principle of risk diversification, the Sub-Fund's assets are mainly invested in bonds and similar fixed-interest and floating-rate securities issued by corporate issuers rated with investment grade (i.e. at least BBB- (S&P and Fitch), Baa3 (Moody's) or a comparable rating of another recognized rating agency).
Returns
Trailing Returns (GBP)21/05/2024
YTD2.01
3 Years Annualised0.85
5 Years Annualised1.54
10 Years Annualised-
12 Month Yield 3.31
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Not Disclosed
28/08/2015
Inception Date
28/08/2015
Advertisement
Category Benchmark
Fund BenchmarkMorningstar Benchmark
Not BenchmarkedMarkit iBoxx GBP NonGilts 1-5 TR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthNot Specific
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Vontobel Fund - TwentyFour Absolute Return Credit Fund AI GBP30/04/2024
Fixed Income
Effective Maturity2.27
Effective Duration1.97
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond95.170.0095.17
Property0.000.000.00
Cash44.1140.123.98
Other0.850.000.85

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)
© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures