Candriam Bds Euro Convergence I

"Candriam Bonds Euro Convergence invests principally in bonds and related securities issued by governments, public and semi-public sector entities, and private companies of countries that are likely to meet the necessary criteria for European Union or Euro zone membership in the future. Selected bonds are denominated in local currencies (such as CZK, HUF, PLN, TRY,…) or in hard currencies (EUR, USD, GBP, JPY,...). USD, GBP and JPY foreign exchange risk is hedged mainly in EUR. The fund may use currency, volatility, interest rate or credit derivatives for efficient portfolio management purposes (hedge, exposure, arbitrage)."

Key stats

Management firm  Candriam Luxembourg
Domicile  Luxembourg
Fund Administrator  RBC Investor Services Bank S.A.
Global Branding Name  Candriam
Fund currency  EUR
Net Assets Date  2015-04-30
Net Assets  €89,841,390
Launch Date  2004-11-29
ISIN  LU0156672148
SEDOL  B7YKXV6
Manager 1 Name  Leen Clijsters
Fund Strategy  Emerging Europe Bond
Benchmark  BofAML Pol Hun Cze Tur Govt TR USD
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2015-04-30
Return - 1 Month  -1.98%
Return - 2 Months  -1.32 %
Return - 3 Months  -1.47%
Return - 6 Months  2.24 %
Return - 9 months  5.49 %
Return - 12 Months  9.77%
Annualized return 24 months  4.82 %
Annualized return 36 months  8.09 %
Annualized return 48 months  7.06 %
Annualized return 60 months  6.53 %
Return 120 months  5.75 %
Annualized return since Inception  6.02%
Return YTD  1.65%

Ratings

Morning Star Rating Date   2015-04-30
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 - 60 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 - 120 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  €250,000
Maximum Managment Charge  0.30 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  136, route d'Arlon
Contact city  Luxembourg
Contact country  Luxembourg
Fund Admin Group  Candriam Luxembourg
Web Address  www.candriam.com
Custodian  RBC Investor Services Bank S.A.
Phone  +352 27975130

Price

Last Price Date  2015-05-13
Pre-tax nav  3660.47
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  €9.81
Price change (percentage)  0.27 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
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