Fact sheet: Candriam Bds Cr Opps

Fund information

Fund name
Candriam Bonds Credit Opportunities Classique Cap EUR
Fund company manager
Candriam Investors Group
Fund type
SIB
Fund manager(s)
Philippe NOYARD
since 31/07/2002
Fund objective
Candriam Bonds High Spread is a UCITS IV fund with daily liquidity offers investors exposure to the private sector and international bonds market, to benefit from attractive yielding debt of companies with a high credit risk. The fund invests principally in bonds or in derivative instruments (credit derivatives based on indices or individual names) issued by companies with a rating exceeding B-/B3. The fund may use currency, volatility, interest rate or credit derivatives for efficient portfolio management purposes (hedge, exposure).
Benchmark
EONIA
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

1.53 %

1 Year rank in sector

57/65

Sector

FO Fixed Int - EUR Corporate Bond

Yield
-
Fund size

£ 1.9 b

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    100%
  • Others
    48.75%
  • BB-
    18.46%
  • BB+
    17.71%
  • BB
    14.49%
  • B+
    4.76%
  • European Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.38 %0.59 %1.53 %7.85 %17.15 %
Sector-0.22 %1.43 %3.14 %6.26 %16.76 %
Rank within sector5 / 6862 / 6757 / 6515 / 6329 / 53
Quartile th1 st4 th4 th1 st3 rd

Calendar performance

YTD-20182017201620152014
Fund0.26 %1.62 %3.43 %2.78 %2.8 %
Sector0.07 %2.87 %4.74 %-1.02 %6.9 %
Rank within sector9 / 6850 / 6551 / 641 / 6357 / 58
Quartile th1 st4 th4 th1 st4 th

Risk statistics

Alpha1.38
Beta0.56
Sharpe-0
Volatility2.14
Tracking error1.87
Information ratio0.23
R-Squared0.64

Price movement

52 week high200.18
52 week low196.61
Current bid price0
Current offer price0
Current mid price199.92

Holdings by region

  • 100% Europe

Holdings by sector

  • 48.75% Others
  • 18.46% BB-
  • 17.71% BB+
  • 14.49% BB
  • 4.76% B+
  • 4.33% B-
  • 2.84% CCC+
  • 0.84% B
  • 0.81% BBB-
  • -0.99% A+

Holdings by asset type

  • 100% European Fixed Interest

Individual holdings

  • 2.54% GAS NATURAL CAPITAL MARKETS SA 4.125% NTS 26/01/18 EUR50000
  • 2.4% DUFRY FINA 4.5% 01/08/23
  • 2.38% DOLLAR TREE INC 5.75% BDS 01/03/23 USD2000
  • 2.33% SYNLAB BONDCO PLC 6.25% BDS 01/07/22 EUR400000000
  • 2.29% 1011778 BC UNLTD LIABILITY/NEW RED 4.625% BDS 15/01/22 USD2000