Edmond de Rothschild Fund Euro High Yield A USD H/  LU1160363476  /

Fonds
NAV07/01/2025 Chg.-0.6801 Type of yield Investment Focus Investment company
1,533.1200USD -0.04% reinvestment Bonds Worldwide E.d.Roth. AM (LU) 

Investment strategy

The Product's investment objective is to outperform its benchmark over the minimum recommended investment period through active management of interest rate risk and credit risk. The Investment Manager will systematically include environmental, social and governance (ESG) factors in their financial analysis in order to select the highest-rated companies. At least 75% of portfolio companies receive ESG rating. The selection process includes a positive screening by selecting through a best in universe approach and a negative screening, whereby the Investment Manager has established a formal exclusion policy that integrates the exclusion of controversial companies related to weapon, coal and tobacco. purpose of attaining the environmental or social characteristics. In view of its ESG strategy, the Product promotes environmental characteristics but does not invest in environmentally sustainable economic activities. The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities, in the context of the Taxonomy Regulation. The Product's investment strategy is to build up a portfolio representative of the Investment Manager's expectations on the European high yield credit markets. High yield securities present a higher risk of default than Investment Grade bonds. In order to achieve the Product's investment objective, the strategy will combine fundamental credit analysis and relative value credit analysis in order to select the most attractive issuers. The Product's portfolio will invest at least 60% of its net assets in high yield securities (i.e. with a credit rating lower than BBB- according to Standard & Poor's, an equivalent rating). The Product will maintain an overall average rating between BB+ and B-.
 

Investment goal

The Product's investment objective is to outperform its benchmark over the minimum recommended investment period through active management of interest rate risk and credit risk.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Bonds: Mixed
Benchmark: ICE BofA BB-B Euro Non-Financial H-Y Constrained (EUR)
Business year start: 01/04
Last Distribution: -
Depository bank: EDMOND DE ROTHSCHILD (EUROPE)
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Luxembourg, Czech Republic
Fund manager: Alexis FORET, Alexis SEBAH
Fund volume: 246.42 mill.  EUR
Launch date: 02/07/2015
Investment focus: -

Conditions

Issue surcharge: 1.00%
Max. Administration Fee: 1.01%
Minimum investment: 1.00 USD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: E.d.Roth. AM (LU)
Address: 7 Princes Street, EC2R8AQ, London
Country: United Kingdom
Internet: www.daltonsp.com
 

Assets

Bonds
 
98.90%
Cash
 
1.10%

Countries

France
 
18.80%
Germany
 
15.09%
United Kingdom
 
12.83%
Italy
 
8.59%
United States of America
 
8.32%
Sweden
 
7.58%
Spain
 
7.07%
Netherlands
 
5.78%
Luxembourg
 
4.22%
Czech Republic
 
4.11%
Israel
 
2.78%
Portugal
 
1.57%
Cash
 
1.10%
Others
 
2.16%