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
5.6%
1 Year rank in sector
69/74
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
£173m (£128m last year)
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld38.1%
Natixis LoomsSyles HInc30.1%
Franklin High Yield24%
NN (L) Gl HYd22.7%
Schroder ISFGbHiIBd22.2%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • Europe58.9%
    USA25.5%
    Asia Pacific ex Japan6.5%
    Eastern Europe5.7%
    Others3.4%
  • Others25%
    Real Estate & Construction16.9%
    Telecommunications10.5%
    Utilities10.1%
    Automotive9.3%
  • European Fixed Interest64.6%
    US Fixed Interest25.5%
    Asia Pacific ex Japan Fixed Interest6.5%
    Global Fixed Interest3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-0.5%0.2%5.6%--
Sector1.2%1.7%4.2%14%10.1%33%
Rank within sector70 / 8576 / 8076 / 7869 / 74--
Quartile4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.2%5.1%---
Sector0.7%11.4%-2.5%1.4%5.2%
Rank within sector75 / 8567 / 74---
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 low95.51
Current bid price-
Current offer price-
Current mid price99.58
Region
1Europe58.9%
2USA25.54%
3Asia Pacific ex Japan6.49%
4Eastern Europe5.69%
5Others3.38%
Industry sector
1Others25.04%
2Real Estate & Construction16.94%
3Telecommunications10.47%
4Utilities10.09%
5Automotive9.26%
6Energy7.86%
7Media7.76%
8Banks5.22%
9Transport3.73%
Asset type
1European Fixed Interest64.59%
2US Fixed Interest25.54%
3Asia Pacific ex Japan Fixed Interest6.49%
4Global Fixed Interest3.38%
Individual holdings
1TELEFONICA EUROPE BV2%
2SPRINT SPECTRUM / SPEC I1.75%
3ORLEN CAPITAL AB1.69%
4DIGITAL EURO FINCO 2.625% BDS 15/04/24 EUR1000001.68%
5INTESA SANPAOLO SPA1.66%
6ALTICE FINANCING SA1.63%
7ORIGIN ENERGY FINANCE1.63%
8MAHLE GMBH1.56%
9SMITH(DS)1.54%
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 price101.35
CurrencyEUR
Price updated13/01/2017
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 price134.58
CurrencyNOK
Price updated13/01/2017
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 price101.09
CurrencyEUR
Price updated13/01/2017
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 price131.15
CurrencyEUR
Price updated13/01/2017
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 price121.2
CurrencyUSD
Price updated13/01/2017
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 price99.49
CurrencyEUR
Price updated13/01/2017
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 price99.04
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNH1J
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 price99.58
CurrencyEUR
Price updated13/01/2017
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 price101.52
CurrencyUSD
Price updated13/01/2017
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 price99.69
CurrencyEUR
Price updated13/01/2017
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 price101.63
CurrencyUSD
Price updated13/01/2017
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 price105.32
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMX9L
Data provided by

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