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Bantleon Select Corporate Hybrids
Share Class PA
»Maximum interest income with solid creditworthiness«
Bantleon Select Corporate Hybrids is a bond fund focusing on subordinated non-financial corporate bonds. It aims to generate maximum interest income and capital gains while selecting bonds with good issuer ratings.
Sustainability-related Disclosures
Information regarding Article 10 of the EU Disclosure Regulation (pdf, 379 KB)Overview
As of: 06.05.2024
Fund information | |
ISIN | LU2038755174 |
WKN | A2PPXE |
Bloomberg | BANCHPA LX |
Fund type/Legal form | UCITS/SICAV |
Fund currency | EUR |
Share class currency | EUR |
Minimum investment | none |
Subscription fee | 2,50% |
Management fee | 0,90% |
All-in fee | 0,17% |
Inception | 09.10.2019 |
End of financial year | 30.11. |
Distribution type | Distributing |
Approved for distribution in | Luxembourg Germany Austria Switzerland |
Type of custody | Collective custody |
Fund Total Share Class | 27.794.475,71 |
Fund Total Assets | 273.637.199,75 |
Custodian | UBS Europe SE Luxembourg Branch |
Subscription price | 89,25 |
Redemption price | 89,25 |
VaR (10 days holding period, 99% confidence level) | 1,69% |
Bantleon Select Corporate Hybrids is managed combining a fundamental approach of proven corporate bond specialists with multi-award-winning economic research. While individual bonds are selected using traditional bottom-up analysis, the portfolio managers’ level of investment in subordinated bonds is guided by the economic cycle: they invest almost entirely in subordinated bonds during an upturn but can invest some of the fund’s assets temporarily in less volatile senior bonds during a downturn.
The total return of Bantleon Select Corporate Hybrids is comprised of the following components:
- Active selection of corporates based on fundamental analysis
- Management of the sector allocation and investment quota in subordinated bonds according to the »Bantleon Economic Outlook«
The management team invests primarily in global subordinated bonds issued by non-financials where both the issuer and the bond have an investment-grade rating. Up to 35% (temporarily max. 40%) of the fund’s volume may be invested in subordinated bonds with non-investment-grade ratings (issuer ratings tend to be investment-grade). The proportion of unhedged foreign currency risks is limited to a maximum of 10% of the fund’s assets.
Cut-off time 2 p.m. |
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Opportunities and Risks
- Capital gains resulting from increasing bond prices
- Increased interest income thanks to addition of high-yield bonds
- Additional return from foreign exchange management
- Professional asset management makes the most of the earnings potential of bonds
- Broad diversification across individual bonds reduces the issuer risk
- Capital losses resulting from declining bond prices
- Partially increased risk of rating downgrades for issuers
- Liquidity risk in the event of general disturbances on the capital market
- Foreign exchange risk to a limited extent
- Net asset value per share could fall below purchase price