Candriam Bonds Euro High Yield, Classique - Capitalisation/  LU0012119607  /

Fonds
NAV2024-05-16 Chg.+1.5900 Type of yield Investment Focus Investment company
1,315.2400EUR +0.12% reinvestment Bonds Worldwide Candriam 

Investment strategy

The fund seeks to achieve capital growth by investing in the principal assets traded and to outperform the benchmark. The management team makes discretionary investment choices based on economic/financial analyses. The fund promotes, among other characteristics, environmental and/or social characteristics but does not have sustainable investment as its objective. The analysis of ESG aspects (environment, social, governance) is included in the selection, analysis and global evaluation of companies. The Fund also aims to exclude investments in companies which do not respect certain recognised international standards and principles, or which are significantly exposed to certain controversial activities. Under certain conditions, the analysis and selection process may also be accompanied by active involvement based on dialogue with the companies. The fund may make use of derivative products for both investment and hedging purposes (to protect against future unfavourable financial events). The fund is managed actively and the investment approach implies a reference to a benchmark (the index). The index measures the performance of below investment grade euro-denominated corporate bonds outside the financial sector issued on domestic markets in the euro zone or euro bonds, and with issuer exposure capped at 3%.
 

Investment goal

The fund seeks to achieve capital growth by investing in the principal assets traded and to outperform the benchmark. The management team makes discretionary investment choices based on economic/financial analyses.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: ICE BofA BB-B Euro Non-Financial High Yield Constrained Index (Total Return)
Business year start: 01-01
Last Distribution: -
Depository bank: CACEIS Bank, Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg
Fund manager: Thomas Joret, Nicolas Jullien, Sichong Qi, Philippe Noyard
Fund volume: 2.75 bill.  EUR
Launch date: 1989-05-31
Investment focus: -

Conditions

Issue surcharge: 2.50%
Max. Administration Fee: 1.20%
Minimum investment: 0.00 EUR
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Candriam
Address: 19-21 route d'Arlon, 8009, Strassen
Country: Luxembourg
Internet: www.candriam.com
 

Assets

Bonds
 
84.72%
Mutual Funds
 
8.63%
Cash
 
6.65%

Countries

Netherlands
 
22.83%
France
 
16.67%
Germany
 
10.04%
United States of America
 
7.89%
Italy
 
6.98%
Cash
 
6.65%
United Kingdom
 
4.65%
Spain
 
3.09%
Portugal
 
2.34%
Sweden
 
2.02%
Luxembourg
 
1.79%
Mexico
 
1.02%
Poland
 
0.89%
Panama
 
0.73%
Ireland
 
0.57%
Others
 
11.84%

Currencies

Euro
 
85.28%
Others
 
14.72%