Candriam Bonds Euro High Yield Class I EUR Cap

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Performance History30/09/2021
Growth of 1,000 (GBP) Advanced Graph
Candriam Bonds Euro High Yield Class I EUR Cap
Fund10.1-1.44.69.8-1.7
+/-Cat-0.21.81.92.9-0.5
+/-B’mrk-1.11.4-0.51.7-1.2
 
Key Stats
NAV
19/10/2021
 EUR 1381.08
Day Change -0.15%
Morningstar Category™ EUR High Yield Bond
ISIN LU0144746509
Fund Size (Mil)
18/10/2021
 EUR 3064.16
Share Class Size (Mil)
18/10/2021
 EUR 515.42
Max Initial Charge -
Ongoing Charge
10/03/2021
  0.72%
Morningstar Research
Analyst Report

In January 2020, as seasoned manager Philippe Noyard took on a global credit leadership role at Candriam, he relinquished the reins of this strategy to Nicolas Jullien, his comanager for 13 years. Yet, Noyard passing the torch is not as...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
PeopleHigh
ParentAverage
ProcessAbove Average
Performance
Price
Investment Objective: Candriam Bonds Euro High Yield Class I EUR Cap
The objective of the sub-fund is to use discretionary management to benefit from the performance of the market in high yield bonds denominated in EUR and issued by private sector issuers, and to outperform the benchmark. These high yield securities are generally poorly rated and exposed to higher credit risk and liquidity risk than more highly rated securities; they may be subject to greater market value fluctuations and lower liquidity. This sub-fund may be appropriate for investors who wish to achieve this objective over a medium investment holding period and who are aware of, understand and are able to bear the specific risks of the sub-fund as set out below and defined in the section entitled Risk factors in the Prospectus. The objective of this sub-fund is to offer investors exposure to the high yield market (debt of companies with a high credit risk).
Returns
Trailing Returns (GBP)19/10/2021
YTD-3.81
3 Years Annualised3.16
5 Years Annualised2.94
10 Years Annualised6.83
12 Month Yield 0.00
Management
Manager Name
Start Date
Nicolas Jullien
30/06/2011
Philippe Noyard
01/02/1999
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Inception Date
10/09/2003
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA BB-B EUR NFincl HY Ctd TR EURBloomberg Pan Euro HY Euro TR EUR
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Candriam Bonds Euro High Yield Class I EUR Cap31/07/2021
Fixed Income
Effective Maturity3.54
Effective Duration3.33
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond93.720.3193.41
Property0.000.000.00
Cash3.230.013.22
Other3.370.003.37

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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)