Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

Muzinich Europeyield Hedged EUR Acc A

Ranked 4 out of 21 in - Europe High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Thomas Samson

Before joining Muzinich, Thomas Samson was an investment analyst at Trafalgar Asset Managers, a distressed-debt hedge fund. Prior to that, he was a financial analyst at GE Capital. Thomas has an Master's in Finance from London Business School, holds the Chartered Financial Analyst designation and has an MSc in Corporate Finance from the Institut d’Etudes Politiques de Paris.

Objective

The Fund seeks to generate attractive returns and protect capital. The Fund primarily invests in publicly traded debt securities (including notes, such as floating rate short-term and medium-term notes, Contingent Convertible Securities and bonds) of European corporate borrowers and European currency denominated debt securities of North American corporate borrowers generally traded on Recognised Exchanges in Europe. Such bonds will be rated by Moodys/Standard & Poors (or as deemed equivalent by the Investment Manager) at least B3/B-, but typically less than A.

Showing fund performance in Norway View performance globally

Performance

Europe High Yield over : 31/01/2017 - 31/01/2018
  • Rank 4/21 Total Return
  • Rank 2/21 Standard Deviation
  • Rank 9/21 Max Drawdown
Fund Name Currency Risk
1 AXA IM FIIS Europe Short Duration HY Z D EUR EUR

1.0

2 Muzinich Europeyield Hedged EUR Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

2 Morgan Stanley European Curr High Yield Bd ADX EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

4 BlueBay High Yield Corporate Bond I EUR EUR

1.7

5 AXA WF European High Yield Bonds A EUR EUR

1.7

Fund Name Currency Loss
7 AXA IM FIIS Europe Short Duration HY Z D EUR EUR

-0.4%

8 Morgan Stanley European Curr High Yield Bd ADX EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

9 Muzinich Europeyield Hedged EUR Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

10 AXA WF European High Yield Bonds A EUR EUR

-0.4%

11 Fidelity Funds - Inst Europ High Yield I-ACC-EUR EUR

-0.5%

Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 5.9% 1.6% 1.9% 1.6% 0.7%
2016 8.9% 2.1% 1.5% 3.5% 1.6%
2015 2.8% 3.1% -0.7% -1.9% 2.3%
2014 5.3% 2.4% 2.3% -0.5% 1.0%
2013 8.0% 1.6% -0.7% 3.5% 3.5%
2012 23.2% 11.0% -1.0% 6.4% 5.4%
2011 -6.8% 2.6% 0.4% -13.7% 4.7%
2010 15.5% 6.7% -2.3% 8.1% 2.6%
2009 53.2% 8.0% 15.9% 18.7% 3.1%
2008 -24.1% -7.1% 2.9% -4.8% -16.6%
2007 -1.3% 1.6% 0.2% -2.3% -0.8%
2006 6.7% 1.8% -0.2% 2.6% 2.5%
2005 4.7% 0.1% 0.9% 2.5% 1.1%
2004 12.8% 2.8% 0.3% 4.0% 5.2%
2003 17.8% 2.5% 7.2% 2.1% 5.0%
2002 -5.0% -4.0% -0.6% -5.6% 5.5%
2001 -13.2% 2.4% -11.0% -13.5% 10.1%
2000 -0.7% -7.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Portugal
  13. Singapore
  14. Spain
  15. Sweden
  16. Switzerland
  17. United Kingdom

Fund Info

  • Launch date15/06/2000
  • Share Class size449Mn
  • Base currencyEUR
  • ISIN IE0005315449
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.00%
  • Initial investment1

Related News

High hopes: sector specialists on the outlook for high yield

Fixed income managers trade views on how QE will impact issuance and where the real competition is coming from.

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