ING (L) Renta Europe Hi Yld I Hdg

This Sub-Fund shall invest primarily in high yield bonds denominated in European currencies. These bonds are different from traditional “Investment Grade” bonds in that they are issued by companies presenting a higher risk in terms of their ability to fully honour their financial commitments, which explains why they offer a higher return. Measured over a period of several years this Sub-Fund aims to beat the performance of the Benchmark BofA Merrill European Currency High Yield Constrained x Sub Financials.

Key stats

Management firm  ING Investment Management Luxembourg S.A
Domicile  Luxembourg
Fund Administrator  Brown Brothers Harriman (Luxembourg)
Global Branding Name  ING
Fund currency  EUR
Net Assets Date  2014-08-31
Net Assets  €651,483,430
Launch Date  2010-08-06
ISIN  LU0529383175
Manager 1 Name  Sjors Haverkamp
Manager 2 Name  Sebastian Hofmeister
Fund Strategy  Europe High Yield Bond
Benchmark  BofAML Euro HY Cons ExSub Fincl TR EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  0.50%
Return - 2 Months  0.20 %
Return - 3 Months  0.71%
Return - 6 Months  2.92 %
Return - 9 months  5.76 %
Return - 12 Months  10.18%
Annualized return 24 months  12.89 %
Annualized return 36 months  14.72 %
Annualized return 48 months  11.98 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  11.89%
Return YTD  4.94%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  2.00 %
Minimum Investment  €250,000
Maximum Managment Charge  0.72 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  3, rue Jean Piret
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  ING Investment Management Luxembourg S.A
Web Address  www.ingim.com
Custodian  Brown Brothers Harriman (Lux) S.C.A.
Phone  +325 2463 333

Price

Last Price Date  2014-09-15
Pre-tax nav  7828.50
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  €-8.84
Price change (percentage)  -0.11 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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