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UniEuroRenta Corporates M

Ranked 57 out of 85 in - Euro Corporates over 12 months
All calculations are in EUR unless stated

Managed by

Stephan Ertz

German-born Stephan Ertz has a master’s degree in economics from the University of Trier and an MBA from Clark University in the US. He began as a corporate trainee at Deutsche Bank before transferring to DWS, their asset management arm. Stephan worked at DWS for over 13 years and held the position of managing director, head of European investment grade fixed income. He is now head of credit at Union Investment, where he exercises an active, bottom-up approach to fund management. Stephan’s value investment style performs best when there is differentiation between bond issuers in the market. He employs derivatives moderately to hedge interest rates, but cash is not a strategic component. Outside work, Stephan enjoys football, skiing and music and is a wine connoisseur.

Objective

The fund preferentially invests in corporate bonds denominated in EUR, issued in a Member State of European Union. At least 80% of the fund's resources are committed to bonds with high credit ratings. The bonds are selected after specifically assessing the respective issuers, who have to meet a clearly defined list of standards.

Showing fund performance in Netherlands View performance globally

Performance

Euro Corporates over : 31/05/2017 - 31/05/2018
  • Rank 57/85 Total Return
  • Rank 67/85 Standard Deviation
  • Rank 63/85 Max Drawdown

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -0.6%
2017 3.2% 0.5% 0.8% 1.1% 0.8%
2016 4.8% 2.0% 1.8% 2.2% -1.2%
2015 -0.5% 2.2% -3.2% -0.8% 1.5%
2014 9.1% 2.8% 2.8% 1.6% 1.6%
2013 4.1% 0.9% -0.5% 2.0% 1.6%
2012 16.2% 7.1% 0.3% 4.6% 3.4%
2011 2.8% 1.3% 1.8% -1.5% 1.2%
2010 5.5% 4.6% -0.1% 4.0% -2.9%
2009 22.8% -2.9% 11.4% 11.4% 1.9%
2008 -16.5% -1.8% -0.4% -4.3% -10.7%
2007 -2.2% 0.6% -1.2% 0.0% -1.5%
2006 0.3% -1.6% -0.6% 2.4% 0.1%
2005 3.5% 0.7% 2.8% 0.7% -0.7%
2004 7.2% 2.6% -0.7% 2.9% 2.2%
2003 7.4% 2.1% 3.6% 0.9% 0.5%
2002 8.0% 0.3% 1.7% 3.5% 2.3%
2001 6.4% 2.7% 1.1% 1.7% 0.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Germany
  3. Luxembourg
  4. Netherlands
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date02/10/2000
  • Share Class size497Mn
  • Base currencyEUR
  • ISIN LU0117073196

Purchase Info

  • Min. initial investment125,000
  • Min. regular additional investment0

Charges

  • Annual management0.40%
  • Initial investment0.4

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