Muzinich Americayield Fund Hedged Euro Accumulation H Units/  IE00B96LYN04  /

Fonds
NAV2024-05-22 Chg.-0.1500 Type of yield Investment Focus Investment company
117.8500EUR -0.13% reinvestment Bonds North America Muzinich & Co. (IE) 

Investment strategy

The Fund seeks to generate attractive returns and protect capital. In order to control risk, the portfolio is well-diversified across more than 100 bond issuers and 20 industries. The Investment Manager may use derivatives to hedge investments in the Fund's securities and their related assets, markets and currencies. Derivatives are financial instruments whose value is linked to the price of an underlying asset. The Muzinich Americayield Fund invests primarily in high yield (sub investment grade) bonds, which are securities that represent an obligation to repay a debt along with interest. The bonds are mainly priced in US Dollars and issued by North American companies. The Fund is actively managed and run on an entirely discretionary basis. The Fund is not managed in reference to any benchmark. The net income will be reinvested in the Fund on behalf of investors. The Manager endeavours to reduce currency risk this unit class could face from assets held in currencies different from the unit class currency. For this purpose, the Manager may utilize derivatives such as currency forward contracts which lock in a future price for buying or selling currency.
 

Investment goal

The Fund seeks to generate attractive returns and protect capital. In order to control risk, the portfolio is well-diversified across more than 100 bond issuers and 20 industries. The Investment Manager may use derivatives to hedge investments in the Fund's securities and their related assets, markets and currencies. Derivatives are financial instruments whose value is linked to the price of an underlying asset. The Muzinich Americayield Fund invests primarily in high yield (sub investment grade) bonds, which are securities that represent an obligation to repay a debt along with interest. The bonds are mainly priced in US Dollars and issued by North American companies.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: North America
Branch: Corporate Bonds
Benchmark: ICE BofAML BB-B US Non-Financial Cash Pay HighYield Constrained Index (JC4N) - EUR Hedge
Business year start: 12-01
Last Distribution: -
Depository bank: State Street Custodial Services Ireland
Fund domicile: Ireland
Distribution permission: Austria, Germany, Switzerland, Netherlands, France, United Kingdom, Belgium, Ireland, Italy, Portugal, Singapore, Spain, Luxembourg
Fund manager: Bryan Petermann - Co-PM & Kevin Ziets - Co-PM
Fund volume: 593.44 mill.  USD
Launch date: 2016-05-10
Investment focus: -

Conditions

Issue surcharge: 1.00%
Max. Administration Fee: 0.65%
Minimum investment: 5,000,000.00 EUR
Deposit fees: 0.02%
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Muzinich & Co. (IE)
Address: 16 Fitzwilliam Street Upper, Dublin 2, Dublin 2
Country: Ireland
Internet: www.muzinich.com
 

Assets

Bonds
 
97.28%
Cash and Other Assets
 
0.63%
Others
 
2.09%

Countries

United States of America
 
79.90%
Canada
 
6.81%
Cayman Islands
 
1.70%
United Kingdom
 
1.50%
Australia
 
1.31%
Luxembourg
 
1.23%
Bermuda
 
0.93%
Poland
 
0.76%
Liberia
 
0.72%
Ireland
 
0.64%
Netherlands
 
0.52%
Austria
 
0.46%
Panama
 
0.42%
Malta
 
0.38%
Others
 
2.72%