Sparinvest SICAV Corp Value Bonds EUR I

"The fund invests in global corporate bonds from across the credit spectrum. As much as 50% of the fund can be in high-yield bonds (rated less than BAA3/BBB-). The investment process is 100% bottom up, giving a portfolio of around 80-120 bonds. Non-North American issuers are selected by Sparinvest and North American issuers are selected by Brandes Investment Partners.
Sparinvest is a UN PRI signatory. ESG risks are analysed alongside financial risks in Sparinvest’s active investment process. Sparinvest’s Responsible Investment policy covers active ownership, including proxy voting and company dialogue. Portfolio companies are monitored for any violations of UN Global Compact norms. Illegal weapons are not part of any portfolio."

Key stats

Management firm  Sparinvest S.A.
Domicile  Luxembourg
Fund Administrator  RBC Investor Services Bank Lux
Global Branding Name  Sparinvest
Fund currency  EUR
Net Assets Date  2014-09-30
Net Assets  €2,488,499
Launch Date  2011-05-02
ISIN  LU0620744770
Manager 1 Name  Not Disclosed
Fund Strategy  Global High Yield Bond - EUR Hedged
Benchmark  BofAML Global Broad Market Corp TR EUR
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-09-30
Return - 1 Month  -0.56%
Return - 2 Months  0.35 %
Return - 3 Months  0.25%
Return - 6 Months  2.79 %
Return - 9 months  5.20 %
Return - 12 Months  7.79%
Annualized return 24 months  7.30 %
Annualized return 36 months  11.74 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  8.12%
Return YTD  5.20%

Ratings

Morning Star Rating Date   2014-09-30
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  0.00 %
Minimum Investment  €5,000,000
Maximum Managment Charge  0.55 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact name  Jørn Kirkegaard
Contact Address  28, Boulevard Royal
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  Sparinvest S.A.
Web Address  www.sparinvest.lu
Email contact  mail@sparinvest.lu
Custodian  RBC Investor Services Bank S.A.
Phone  +352 2627471

Price

Last Price Date  2014-10-23
Pre-tax nav  129.84
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  €0.04
Price change (percentage)  0.03 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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