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Hermes Multi Strategy Credit F EUR Acc

Ranked 89 out of 90 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Fraser Lundie

Co-head and lead credit portfolio manager Fraser Lundie joined Hermes in February 2010 and is lead manager on the Hermes range of credit strategies. Prior to this he was at Fortis Investments, where he was responsible for European high yield credit. Fraser graduated from the University of Aberdeen with an MA (Hons) in Economics, earned an MSc in Investment Analysis from the University of Stirling, and is a CFA charterholder.

Objective

The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield credit returns while exhibiting lower volatility relative to the global high yield market. The Fund will seek to achieve its objective by investing in a diversified portfolio of credit securities primarily including investment grade bonds, high yield bonds, credit default swaps and money market securities (including commercial bank loans which constitute money market instruments). The Fund will invest primarily in investment grade corporate, high yield corporate and/or government fixed and/or floating rate bonds, including convertible, amortising and defaulted bonds.The Investment Manager intends to diversify the Fund’s portfolio across different geographic regions and industries.

Showing fund performance in Malta View performance globally

Performance

Bond Strategies over : 31/03/2017 - 31/03/2018
  • Rank 89/90 Total Return
  • Rank 86/90 Standard Deviation
  • Rank 89/90 Max Drawdown
Fund Name Currency Return
86 Goldman Sachs Glo Strat Macro Bond Pf E Acc EUR-H

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.6%

87 Seven Fixed Income Fund EUR-I (cap) EUR

-7.0%

88 CPR Credixx Active US High Yield - P (C) EUR

-8.2%

89 Hermes Multi Strategy Credit F EUR Acc EUR

-10.6%

90 HSBC GIF GEM Debt Total Return M1C EUR EUR

-14.2%

Fund Name Currency Loss
86 Schroder GAIA Cat Bond EUR Hedged F Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.9%

87 Seven Fixed Income Fund EUR-I (cap) EUR

-7.5%

88 CPR Credixx Active US High Yield - P (C) EUR

-8.3%

89 Hermes Multi Strategy Credit F EUR Acc EUR

-10.7%

90 HSBC GIF GEM Debt Total Return M1C EUR EUR

-14.9%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -3.0%
2017 -7.3% 0.6% -4.7% -2.5% -0.8%
2016 12.6% -2.8% 5.0% 2.4% 7.8%
2015 11.8% 15.0% -2.7% -2.7% 2.8%
2014 6.6% 4.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Singapore
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date07/05/2014
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN IE00BKRCNF40

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management0.65%
  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).