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Candriam Bonds Global High Yield I Cap

Ranked 10 out of 54 in - Global High Yield over 36 months
All calculations are in EUR unless stated

Managed by

Nicolas Jullien

Nicolas Jullien has been deputy head of high yield & credit arbitrage at Candriam since 2017. He has been a senior fund manager at Candriam since 2013, and has spent his entire career at Candriam, joining in 2007 as a fund manager. Jullien holds actuarial degree and a master’s in actuarial and financial sciences, both from University Claude Bernard Lyon I in France. He has been a CFA Charterholder since 2012.

Philippe Noyard

Philippe Noyard has been head of high yield & credit arbitrage management at Candriam since 2009. He is also a member of our Credit Risk Committee. In 1987 he joined Neuflize Schlumberger Mallet in France as a portfolio manager and two years later moved to Candriam, also as a portfolio manager. He was appointed head of high yield management in 1999, and head of high yield & credit arbitrage management and a member of our Credit Risk Committee in 2009. He has master’s degrees in economics and finance and in finance & wealth management from the University of Economy in Clermont-Ferrand in France.

Patrick Zeenni

Patrick Zeenni, CFA, has been deputy head of high yield & credit arbitrage management at Candriam since 2011. He began his career in 1995 in bond origination at Société Générale, moving a year later to Bayerische Landesbank as head of bonds and derivatives. In 2003 he became a senior fund manager at Candriam, and assumed his current responsibilities in 2011. Zeenni holds master’s degrees in finance and financial markets from Paris Dauphine University. He has been a CFA charterholder since 2010.

Objective

The fund offers investors exposure to the Global High Yield corporate bonds market, to benefit from attractive yielding debt of companies with a high credit risk. The fund invests predominantly 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).

Showing fund performance in Netherlands View performance globally

Performance

Global High Yield over : 30/06/2015 - 30/06/2018
  • Rank 10/54 Total Return
  • Rank 9/54 Standard Deviation
  • Rank 6/54 Max Drawdown
Fund Name Currency Return
8 Principal GI High Yield EUR Hedged I Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

11.3%

9 Fidelity Funds - Global High Yield I-EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

11.2%

10 Candriam Bonds Global High Yield I Cap EUR

10.7%

11 PIMCO GIS Global High Yield Bond Inst EUR Hdg Inc

Currency exposure is hedged

Currency exposure is hedged

EUR

10.6%

12 NN Hoog Dividend Obligatie Fonds

Currency exposure is hedged

Currency exposure is hedged

EUR

10.5%

Fund Name Currency Risk
7 OSTR Global High Yield Bond Fund EUR

3.1

8 BlueBay Global High Yield Bond B EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.3

9 Candriam Bonds Global High Yield I Cap EUR

3.8

10 Aviva Investors Global High Yield Bond Ah EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

4.1

11 Muzinich Global High Yield Hedged Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

4.1

Fund Name Currency Loss
4 Aviva Investors Short Duration Gl HY Bd Ih EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.9%

5 UBAM Global High Yield Solution IHD EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.1%

6 Candriam Bonds Global High Yield I Cap EUR

-3.2%

7 AB SICAV I-Short Duration High Yield Pf A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.4%

8 DPAM L Bonds Higher Yield B EUR Capitalisation EUR

-3.7%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -2.1% -0.4%
2017 5.0% 1.8% 2.0% 1.3% -0.1%
2016 9.3% 2.9% 1.7% 3.6% 0.8%
2015 1.1% 3.2% -0.9% -2.6% 1.5%
2014 4.7% 2.4% 2.4% -0.8% 0.7%
2013 6.8% 1.7% -0.8% 2.5% 3.3%
2012 14.4% 5.0% 0.9% 4.3% 3.6%
2011 6.5% 2.6% 1.0% -3.1% 6.0%
2010 13.6% 4.5% -0.2% 6.8% 2.1%
2009 28.0% -2.1% 14.5% 10.4% 3.5%
2008 -23.1% -7.3% 3.7% -5.3% -15.7%
2007 -1.1% 1.9% 0.3% -1.7% -1.6%
2006 6.6% 1.3% -0.6% 2.9% 2.8%
2005 4.1% -0.7% 1.9% 2.1% 0.8%
2004 9.2% 1.7% -0.2% 3.7% 3.7%
2003 3.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Finland
  4. France
  5. Germany
  6. Ireland
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date15/09/2003
  • Base currencyEUR
  • ISIN LU0170293806

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment0

Charges

  • Annual management0.60%
  • Initial investment0

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).