Fact sheet: Muzinich BondYield ESG

Fund information
Fund name
Muzinich BondYield ESG R Hedged Inc EUR
Fund manager company
Muzinich & Co
Fund type
Unit Trust
Fund manager
No data available.
Fund objective
The Fund seeks to protect capital and generate attractive returns which exceed those available from similar duration Benchmark Government Bonds.
Benchmark
  • BofA Merrill Lynch EMU Corporates, Non-Financial, BBB Rated
Investment style
Capital Protection Targeted,High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
4.4%
1 Year rank in sector
66/73
Sector
FO Fixed Int - Global High Yield
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.39%
Fund size
£186m (£148m last year)
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld26.7%
Natixis LoomsSyles HInc20.2%
Franklin High Yield15.5%
T. Rowe Price GblHghIncBd15.1%
Nomura Gbl Hgh Yld Bd15.1%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • Europe67.4%
    USA16.9%
    Eastern Europe6.4%
    Asia Pacific ex Japan5.5%
    Latin America2%
  • Others27.9%
    Telecommunications13.5%
    Real Estate & Construction11.9%
    Utilities9.9%
    Automotive7.1%
  • European Fixed Interest73.8%
    US Fixed Interest16.9%
    Asia Pacific ex Japan Fixed Interest5.5%
    American Emerging Fixed Interest2%
    Global Fixed Interest1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%0.9%2.4%4.4%--
Sector0.8%1.4%5.2%10.5%9.6%31.2%
Rank within sector67 / 9066 / 8869 / 7966 / 73--
Quartile3rd3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.8%5.1%---
Sector3.1%11.4%-2.5%1.4%5.2%
Rank within sector66 / 8362 / 69---
Quartile4th4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high101.78
52 week low98.29
Current bid price-
Current offer price-
Current mid price101.14
Region
1Europe67.35%
2USA16.85%
3Eastern Europe6.42%
4Asia Pacific ex Japan5.48%
5Latin America1.97%
6Others1.93%
Industry sector
1Others27.9%
2Telecommunications13.53%
3Real Estate & Construction11.91%
4Utilities9.87%
5Automotive7.05%
6Banks6.65%
7Energy6.24%
8Financial Services5.17%
9Media4.46%
Asset type
1European Fixed Interest73.77%
2US Fixed Interest16.85%
3Asia Pacific ex Japan Fixed Interest5.48%
4American Emerging Fixed Interest1.97%
5Global Fixed Interest1.93%
Individual holdings
1TELEFONICA EUROPE BV2.66%
2INTESA SANPAOLO SPA2.45%
3TDC A/S 5.8750% BDS 16/12/15 EUR10001.85%
4PENTAIR INC1.82%
5SENVION HOLDING GMBH1.66%
6TP ICAP PLC1.54%
7ORLEN CAPITAL AB1.53%
8SPRINT SPECTRUM / SPEC I1.51%
9MAHLE GMBH1.5%
Management
Fund manager group
Muzinich & Co
Fund manager company
Muzinich & Co
Fund type
Unit Trust
Fund objective
The Fund seeks to protect capital and generate attractive returns which exceed those available from similar duration Benchmark Government Bonds.
Benchmark
  • BofA Merrill Lynch EMU Corporates, Non-Financial, BBB Rated
Investment style
Capital Protection Targeted,High Yield
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Muzinich BondYield ESG A Hedged Inc EUR
Initial charge-
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.07
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5CO
Muzinich BondYield ESG Hedged Acc NOK
Initial charge1%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.58
CurrencyNOK
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code137F
Muzinich BondYield ESG Hedged Founder
Initial charge-
Annual charge0.35%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.93
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM12T
Muzinich BondYield ESG Institutional Hedged Acc EUR
Initial charge1%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.37
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMWX0
Muzinich BondYield ESG Institutional Hedged Acc USD
Initial charge1%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI1FJ
Muzinich BondYield ESG P Hedged Acc EUR
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.95
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCMP
Muzinich BondYield ESG P Hedged Inc EUR
Initial charge-
Annual charge1.4%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.49
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNH1J
Muzinich BondYield ESG R Hedged Acc EUR
Initial charge-
Annual charge1.1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.07
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNTYI
Muzinich BondYield ESG R Hedged Inc EUR
Initial charge1%
Annual charge1.1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.14
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3SF
Muzinich BondYield ESG R Hedged Inc USD
Initial charge1%
Annual charge1.1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.7
CurrencyUSD
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3SH
Muzinich BondYield ESG S Hedged Inc EUR
Initial charge1%
Annual charge0.4%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.49
CurrencyEUR
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM3SG
Muzinich BondYield ESG S Hedged Inc USD
Initial charge1%
Annual charge0.4%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.09
CurrencyUSD
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM3SI
Muzinich BondYield ESG S Inc GBP
Initial charge1%
Annual charge0.4%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.51
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMX9L
Data provided by

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