AH Credit UCITS Index
The Alternative UCITS Credit sector is one of the more difficult areas to develop a consistent analytical framework for, given the multiple dimensions across which credit funds can operate. Examples include the instruments they trade (sovereigns, corporate cash, etc), their sensitivity to factors such as duration, credit spreads, etc, and their targetted outcomes. With the express aim of capturing the wide breadth of sectors which are at the disposal of credit managers, we have developed a classification approach which clusters funds into five main sub-categories:
1) Corporate Long/Short: this cohort of managers attempt to generate alpha predominantly from fundamental long and short positions in corporate credit. Despite the diversity of investment styles (Directional, Market Neutral) the majority of funds in this sub-category uses cash bonds, CDS, and derivatives on credit indices, and seek to generate alpha from these positions.
2) Multi-Sector Credit: a Multi-Sector, and often Multi-Strategy, approach to global credit investing. Although fundamental analysis remains important, asset allocation remains a core driver of returns for these funds, with managers dynamically allocating capital to the most attractive risk-adjusted opportunities, depending on the prevailing macro environment.
3) Alternative Credit: this is, by far, the most diverse set of funds and includes those trading specialist sub-categories of the credit universe, typically from the long side. Examples include Structured Credit (ABS, CLOs, etc), Insurance Linked Securities (ILS) and Emerging Market Debt (EMD).
4) Fixed Income Arbitrage: this relatively small cohort of funds includes specialist managers who run pure RV fixed income strategies, where performance is predominately driven by the manager’s ability to exploit pricing relationships, e.g. curves’ trades, correlation trades and capital structure trades, etc.
5) Convertible Bonds: managers attempt to generate absolute returns using a variety of different strategies exploiting the asymmetry that comes with convertible bonds as well as the potential for various arbitrages to be exploited. Incremental gains can be generated through 'gamma trading' which monetises volatility by actively trading the underlying hedges.
Performance
Monthly Returns
JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.4 | 0.4 | 0.8 | |||||||||||
2023 | 1.6 | -0.3 | -0.1 | 0.4 | 0.1 | 0.4 | 0.9 | 0.1 | 0.0 | -0.3 | 1.9 | 1.8 | 6.6 | |
2022 | -0.6 | -0.9 | 0.0 | -1.1 | -0.5 | -2.3 | 1.0 | 0.1 | -1.8 | 0.1 | 1.4 | 0.5 | -4.2 | |
2021 | 0.3 | 0.4 | -0.1 | 0.4 | 0.1 | 0.2 | -0.1 | 0.2 | 0.0 | -0.2 | -0.5 | 0.3 | 1.0 | |
2020 | 0.3 | -0.1 | -5.3 | 1.9 | 1.5 | 1.5 | 1.3 | 0.8 | -0.1 | 0.1 | 2.1 | 0.9 | 4.8 | |
2019 | 1.2 | 0.4 | 0.2 | 0.5 | -0.3 | 1.0 | 0.3 | -0.3 | 0.3 | 0.4 | 0.0 | 0.7 | 4.5 | |
2018 | 0.6 | -0.3 | -0.5 | 0.0 | -0.7 | -0.2 | 0.3 | -0.3 | 0.1 | -0.6 | -0.7 | -0.4 | -2.7 | |
2017 | 0.4 | 0.3 | 0.0 | 0.2 | 0.1 | 0.1 | 0.3 | 0.0 | -0.1 | 0.3 | -0.1 | 0.0 | 1.5 | |
2016 | -0.7 | -0.3 | 0.7 | 0.8 | 0.1 | 0.1 | 0.8 | 0.5 | 0.1 | 0.5 | -0.5 | 0.6 | 2.6 | |
2015 | 0.3 | 0.6 | 0.1 | 0.4 | 0.1 | -0.6 | -0.2 | -0.5 | -0.7 | 0.3 | -0.3 | -0.8 | -1.2 | |
2014 | 0.3 | 0.7 | 0.2 | 0.3 | 0.3 | 0.2 | -0.2 | 0.0 | -0.3 | -0.3 | 0.0 | -0.6 | 0.6 | |
2013 | 0.7 | 0.2 | 0.0 | 0.6 | 0.3 | -0.8 | 0.6 | 0.1 | 0.5 | 0.8 | 0.1 | 0.3 | 3.4 | |
2012 | 1.2 | 1.1 | 0.1 | -0.2 | -0.1 | 0.5 | 0.6 | 0.5 | 0.5 | 0.6 | 0.4 | 0.6 | 6.0 | |
2011 | 0.4 | 0.5 | 0.4 | 0.2 | 0.2 | -0.3 | 0.0 | -1.3 | -1.4 | 1.1 | -0.6 | 0.3 | -0.5 | |
2010 | 0.7 | 0.4 | 1.9 | 0.6 | -1.5 | -0.1 | 1.3 | 0.4 | 0.7 | 0.4 | -0.3 | 0.4 | 4.8 | |
Show all |
Index Constituents
Name | Inception Date | Sub-Strategy | Geography | AUM | AMC | Perf. Fee | Hurdle | Min Inv. | Liquidity | MTD | YTD | 2023 | 1W | 1M | 3M | 6M | 1Y | 2Y | 3Y | ISIN | Liquidity | Domicile | Inv. Adviser | Portfolio Manager | UN PRI Signatory | Companywide ESG Policy | SFDR | ESG Data Integration | Active Ownership | ESG Exclusion List | Return Consistency Percentile Rank |
Performance Percentile Rank |
Diversifier Percentile Rank |
Downside Protection Percentile Rank |
Low Risk Percentile Rank |
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BlueBay Emerging Market Unconstrained Bond Fund | Jul 2010 | Emerging Markets | £374m | 0.50% | 10% | Yes | 500,000 | Daily | 2.2 | 3.5 | 15.6 | 0.8 | 2.6 | 3.5 | 13.4 | 18.1 | 6.1 | -0.1 | LU1167329637 | Daily | Luxembourg | BlueBay Asset Management LLP | Polina Kurdyavko, Anthony K... | Article 8 | 13 | 11 | 13 | 10 | 4 | ||||||||
Pictet TR Sirius | Aug 2019 | Emerging Markets | £43m | 1.10% | 20% | Yes | 1,000,000 | Weekly | 2.2 | 1.2 | 4.0 | 0.1 | 1.9 | 1.5 | 3.7 | 5.1 | 4.4 | 9.1 | LU1799935975 | Weekly | Luxembourg | Pictet Funds (Europe) S.A. | Ketan Gada, Rav Singh, Thib... | Yes | Yes | Article 6 | Yes | Yes | Yes | 96 | 51 | 78 | 69 | 97 | |||
Legal & General Strategic Bond | Apr 2007 | Global | £519m | 0.60% | 0% | 100,000 | Daily | 2.1 | 3.0 | 6.1 | 0.4 | 1.9 | 3.0 | 9.2 | 11.0 | 11.0 | 5.6 | GB00B1TWMW95 | Daily | UK | Legal & General Investment ... | Richard Hodges | 37 | 42 | 17 | 32 | 32 | ||||||||||
Boussard & Gavaudan Convertible | Apr 2015 | Europe | £39m | 0.80% | 100,000 | Daily | 2.0 | 2.6 | 12.6 | 0.5 | 1.9 | 2.3 | 10.1 | 12.7 | 1.5 | 0.5 | LU1209144648 | Daily | Luxembourg | Boussard & Gavaudan | 25 | 28 | 2 | 4 | 10 | ||||||||||||
Tabula Liquid Credit Income UCITS Fund | Dec 2021 | Global | £153m | 0.95% | 0% | No | 1,000 | Daily | 1.9 | 4.2 | 21.0 | -0.1 | 1.9 | 4.1 | 14.5 | 24.3 | IE00BN92ZH94 | Daily | Ireland | Tabula Capital | Danny White | No | No | Article 6 | No | N/A | N/A | ||||||||||
ASI Absolute Return Global Bond Strategies | Mar 2011 | Global | £490m | 0.60% | 0% | No | 1,000,000 | Daily | 1.9 | 1.8 | 6.6 | 0.8 | 1.9 | 2.0 | 6.9 | 9.3 | 6.2 | -1.2 | LU0548158830 | Daily | Luxembourg | Standard Life Investments | Katy Forbes, Thomas Maxwell... | Yes | Yes | Article 6 | Yes | N/A | N/A | 21 | 18 | 91 | 63 | 48 | |||
Pareturn Gladwyne Absolute Credit | Feb 2015 | Europe | £29m | 1.50% | 20% | 1,000,000 | Weekly | 1.9 | 3.2 | 7.1 | 1.6 | 3.2 | 3.7 | 6.3 | 17.1 | 29.1 | LU1107506922 | Weekly | Luxembourg | Gladwyne Investments | Barend Pennings | 98 | 93 | 54 | 70 | 86 | |||||||||||
Polar Capital Global Absolute Return | Dec 2018 | Global | £79m | 1.00% | 15% | 0 | Daily | 1.7 | 2.2 | 4.2 | 0.5 | 1.8 | 2.2 | 6.4 | 6.8 | 6.1 | 8.5 | IE00BDTYJB74 | Daily | Ireland | Polar Capital | David Keetley, Stephen McCo... | Article 8 | 74 | 56 | 30 | 38 | 79 | |||||||||
Selwood ESG Credit | Aug 2023 | Europe | £18m | 1.00% | 10% | Yes | 1,000,000 | Daily | 1.7 | 0.5 | 1.0 | 1.6 | 1.1 | 5.6 | IE000NWFI5E1 | Daily | Ireland | Selwood Asset Management | Mathieu Labelle and Thibaul... | Yes | Yes | Article 8 | Yes | N/A | Yes | ||||||||||||
Tyrus Capital Global Convertible Strategy | Feb 2016 | Global | £164m | 0.75% | 15% | No | 1,000,000 | Daily | 1.6 | 2.3 | 2.7 | 0.7 | 1.7 | 2.4 | 5.6 | 5.0 | -2.9 | -8.1 | LU1357022695 | Daily | Luxembourg | Tyrus Capital | Damien Regnier | Yes | Yes | Article 8 | Yes | N/A | N/A | 7 | 10 | 10 | 14 | 22 | |||
FTGF Legg Mason Brandywine Global Credit Opportunities | Jun 2014 | Global | £16m | 1.15% | 0% | No | 15,000,000 | Daily | 1.5 | 3.1 | -1.1 | 0.2 | 1.7 | 3.2 | 5.5 | 4.0 | 4.2 | 4.0 | IE00BMMV5W18 | Daily | Ireland | Brandywine | Brian Kloss, Tracy Chen | Yes | Yes | Article 6 | No | N/A | N/A | 16 | 37 | 80 | 86 | 78 | |||
CIFC Global Floating Rate Credit Fund | Jan 2019 | Global | £65m | 0.70% | 0% | No | 1,000,000 | Weekly | 1.4 | 4.4 | 20.0 | 0.5 | 1.5 | 4.7 | 9.9 | 22.2 | IE0009SO3I10 | Weekly | Ireland | CIFC | Jay Huang | Yes | Yes | Article 6 | Yes | N/A | N/A | 51 | 84 | 24 | 44 | 44 | |||||
HSBC GIF GEM Debt Total Return | Jun 2007 | Emerging Markets | £67m | 0.50% | 20% | 1,000,000 | Daily | 1.4 | 1.6 | 11.6 | 0.3 | 1.8 | 1.7 | 9.4 | 10.4 | 7.7 | -7.8 | LU0283739885 | Daily | Luxembourg | Halbis Capital Management | Guillermo Osses | Article 6 | 18 | 10 | 5 | 10 | 7 | |||||||||
Concise Short Term High Yield UCITS Fund | Nov 2016 | US | £86m | 1.00% | 0% | No | 1,000,000 | Daily | 1.3 | 2.7 | 8.7 | 0.4 | 1.5 | 3.3 | 6.2 | 10.9 | 9.5 | 17.2 | IE00BD046N77 | Daily | Ireland | Concise Capital Management | Tom Krasner | No | Yes | Article 6 | Yes | N/A | N/A | 93 | 84 | 32 | 50 | 92 | |||
Schroder GAIA Oaktree Credit | May 2021 | Global | £58m | 0.75% | 10,000 | Daily | 1.3 | 2.5 | 15.1 | 0.3 | 1.2 | 2.5 | 8.6 | 15.0 | 12.9 | LU2252519835 | Daily | Luxembourg | Oaktree Capital Management | Bruce Karsh, David Rosenberg | Article 6 | ||||||||||||||||
HI Numen Credit Fund | Oct 2012 | Global | £98m | 1.50% | 15% | Weekly EURIBOR +1% | 500,000 | Weekly | 1.3 | 1.9 | -7.9 | 1.6 | 0.8 | 1.9 | -7.0 | -6.9 | -10.0 | -14.3 | IE00B4ZWPV43 | Weekly | Ireland | Hedge Invest SGR p.A. | Filippo Lanza | 18 | 13 | 58 | 28 | 11 | |||||||||
Amundi Absolute Return Credit | Oct 2019 | Global | £52m | 0.40% | 15% | 5,000,000 | Daily | 1.3 | 1.7 | 4.8 | 0.6 | 1.3 | 1.5 | 6.6 | 9.2 | 10.8 | 5.1 | LU2052288615 | Daily | Luxembourg | Amundi Asset Management | Gregoire Pesques, Raphael M... | Article 8 | 36 | 27 | 86 | 47 | 51 | |||||||||
Palladium FCP - RAM Mediobanca Strata UCITS Credit Fund | May 2019 | Global | £216m | 0.75% | 0% | 100,000 | Daily | 1.3 | 3.6 | 11.3 | 0.1 | 1.2 | 3.6 | 10.5 | 16.9 | 10.1 | 9.3 | LU1808849126 | Daily | Luxembourg | Cairn Capital | Fabio Vanerio | 32 | 49 | 6 | 19 | 25 | ||||||||||
Threadneedle (LUX) Global Investment Grade Credit Opportunities | Mar 2018 | Global | £6m | 0.25% | 10,000,000 | Daily | 1.2 | 1.7 | 1.6 | 0.3 | 0.7 | 1.7 | 3.5 | 5.9 | -0.1 | -2.1 | LU1746309928 | Daily | Luxembourg | Columbia Threadneedle Inves... | Alasdair Ross, Ryan Staszewski | Article 6 | 13 | 19 | 38 | 51 | 47 | ||||||||||
Algebris Global Credit Opportunities Fund | Jul 2016 | Global | £814m | 0.90% | 15% | 500,000 | Daily | 1.2 | 3.4 | 11.8 | 0.3 | 1.2 | 3.7 | 9.1 | 17.5 | 15.9 | 9.1 | IE00BYT35D51 | Daily | Ireland | Algebris (UK) Limited | Gabriele Foà, Samuel Sibony | Yes | Article 8 | 23 | 51 | 15 | 23 | 39 | ||||||||
Janus Henderson Horizon Total Return Bond Fund | Mar 2012 | Global | £311m | 0.75% | 0% | No | 1,000,000 | Daily | 1.2 | -0.7 | 3.5 | 0.5 | 1.0 | -0.8 | 4.5 | 0.4 | -7.1 | -10.7 | LU0756065164 | Daily | Luxembourg | Janus Henderson Investors | Andrew Mulliner, CFA, Hele... | Yes | Yes | Article 6 | Yes | N/A | N/A | 3 | 8 | 11 | 20 | 23 | |||
MontLake Advent Global Partners UCITS | Jul 2016 | Global | £60m | 1.00% | 20% | No | 5,000,000 | Daily | 1.2 | 1.4 | 7.2 | 0.3 | 1.3 | 2.0 | 6.9 | 8.0 | 6.1 | 6.3 | IE00BD3CR131 | Daily | Ireland | Advent Capital Management LLC | Odell Lambroza, Tracy V. Ma... | Yes | Yes | Article 8 | Yes | N/A | Yes | 23 | 44 | 47 | 37 | 57 | |||
Schroder ISF EURO Credit Absolute Return | Aug 2016 | Global | £133m | 0.60% | 5,000,000 | Daily | 1.2 | 2.1 | 8.8 | 0.4 | 1.0 | 1.9 | 6.7 | 10.4 | 2.6 | -2.8 | LU1476606857 | Daily | Luxembourg | Schroders | Patrick Vogel | Article 8 | 6 | 16 | 5 | 20 | 20 | ||||||||||
Federated Hermes Unconstrained Credit Fund | Oct 2018 | Global | £982m | 0.65% | 100,000 | Daily | 1.2 | 1.1 | 9.3 | 0.2 | 1.1 | 1.4 | 8.7 | 9.6 | 2.2 | -1.3 | IE00BFZMZF58 | Daily | Ireland | Federated Hermes | Fraser Lundie, Andrew Jacks... | Article 8 | 2 | 7 | 0 | 11 | 8 | ||||||||||
PIMCO GIS Mortgage Opportunities | Jan 2017 | US | £727m | 0.69% | Daily | 1.1 | 1.5 | 7.0 | 0.3 | 1.4 | 1.4 | 5.7 | 7.1 | 2.5 | 1.2 | IE00BD38JM62 | Daily | Ireland | PIMCO Asset Management | Joshua Anderson | Article 6 | 29 | 28 | 9 | 33 | 46 | |||||||||||
Federated Hermes Multi-Strategy Credit Fund | May 2014 | Global | £174m | 0.65% | 100,000 | Daily | 1.1 | 1.3 | 8.8 | 0.2 | 1.0 | 1.6 | 7.8 | 9.9 | 4.2 | 0.3 | IE00BKRCNH63 | Daily | Ireland | Federated Hermes | Fraser Lundie, Andrey Kuzne... | Article 8 | 10 | 13 | 2 | 15 | 13 | ||||||||||
BNY Mellon Absolute Return Global Convertible Fund | May 2019 | Global | £59m | 0.75% | 15% | 15,000,000 | Daily | 1.0 | 2.4 | -0.4 | 0.4 | 1.2 | 2.6 | 4.9 | 3.7 | -1.4 | -2.2 | IE00BJQR5F71 | Daily | Ireland | Insight, a BNY Mellon Company | Frank Campana, James Doolin | Article 6 | 18 | 19 | 50 | 50 | 52 | |||||||||
Aviva Investors Global Convertibles Absolute Return | Dec 2009 | Global | £516m | 0.75% | 10% | 500,000 | Daily | 1.0 | 2.4 | 5.2 | 0.1 | 1.6 | 2.4 | 5.7 | 5.7 | -0.7 | -4.9 | LU0459997697 | Daily | Luxembourg | Westwood Group | David Clott, Shawn Mato | Article 8 | 22 | 14 | 20 | 27 | 21 | |||||||||
Franklin K2 Ellington Structured Credit UCITS Fund | Sep 2019 | Global | £61m | 1.00% | 0% | No | 5,000,000 | Daily | 1.0 | 3.4 | 12.8 | 0.2 | 1.0 | 3.5 | 6.8 | 13.7 | 15.1 | 17.2 | LU2164518305 | Daily | Luxembourg | Ellington Global Asset Mana... | Mark Tecotzky, Gregory Valli | No | No | Article 6 | No | N/A | N/A | 89 | 68 | 57 | 70 | 90 | |||
Morgan Stanley Sustainable Fixed Income Opportunities Fund | Dec 2020 | Global | £29m | 0.45% | Daily | 1.0 | 0.7 | 6.5 | 0.4 | 0.9 | 0.7 | 5.5 | 5.8 | 2.2 | -0.7 | GB00BNKVP424 | Daily | UK | Morgan Stanley IM | Leon Grenyer | 18 | 20 | 11 | 31 | 44 | ||||||||||||
Alma Platinum IV Prudence Asia Credit | Aug 2023 | Asia | £50m | 1.25% | 15% | Yes | 100,000 | Daily | 0.9 | 4.6 | 0.4 | 1.0 | 4.6 | 8.4 | LU2502329852 | Daily | Luxembourg | Prudence | Yes | Yes | Article 8 | Yes | N/A | N/A | |||||||||||||
TCW Unconstrained Bond Fund | Sep 2014 | Global | £458m | 0.70% | 0% | No | 1,000,000 | Daily | 0.9 | 0.5 | 8.1 | 0.3 | 1.2 | 0.4 | 6.0 | 6.3 | 4.3 | 1.3 | LU1109965431 | Daily | Luxembourg | TCW | Stephen M Kane; Laird Landm... | Yes | Yes | Article 8 | Yes | N/A | N/A | 32 | 30 | 14 | 28 | 47 | |||
Franklin K2 Cat Bond UCITS Fund | Jun 2021 | Global | £105m | 0.75% | 5,000,000 | Daily | 0.9 | 3.6 | 13.3 | 0.2 | 1.1 | 3.6 | 5.9 | 13.9 | 15.0 | LU2303826973 | Daily | Luxembourg | K2 Advisors | Michael Rich | Article 8 | ||||||||||||||||
AXA IM Wave Cat Bond Fund | Jan 2017 | Global | £147m | 1.00% | 0% | No | 1,000,000 | Weekly | 0.9 | 3.2 | 16.0 | 0.3 | 1.2 | 3.4 | 6.7 | 15.6 | 17.2 | 22.1 | IE00BJXFRC58 | Weekly | Ireland | AXA Investment Managers | Yes | Yes | Article 6 | Yes | N/A | N/A | 78 | 62 | 40 | 53 | 75 | ||||
Man GLG Convertible Arbitrage Alternative | May 2021 | US | £48m | 1.00% | 20% | No | 1,000,000 | Daily | 0.9 | 1.4 | 0.0 | 0.3 | 1.0 | 1.5 | 2.9 | 1.9 | 3.7 | IE000B6H4RR4 | Daily | Ireland | Man Group Plc | Gil Song | Yes | Yes | Article 6 | No | N/A | N/A | |||||||||
Aegon Absolute Return Bond | Sep 2011 | Global | £204m | 0.30% | 0% | 500,000 | Daily | 0.8 | 1.5 | 6.2 | 0.2 | 0.7 | 1.6 | 4.2 | 7.1 | 7.4 | 6.9 | IE00B6SPX874 | Daily | Ireland | Aegon Asset Management | Stephen Snowden, Colin Finl... | Article 6 | 74 | 48 | 23 | 56 | 94 | |||||||||
BlackRock Global Absolute Return Bond Fund | May 2012 | Global | £55m | 0.50% | No | 10,000,000 | Daily | 0.8 | 1.6 | -1.6 | 0.3 | 0.7 | 1.7 | 4.3 | 1.6 | -0.1 | -3.3 | LU1129992563 | Daily | Luxembourg | BlackRock Investment Manage... | Simon Blundell, Joe Di Cens... | Yes | Yes | Article 6 | Yes | Yes | Yes | 25 | 18 | 46 | 52 | 36 | ||||
Lazard Rathmore Alternative Fund | May 2018 | Global | £1.4b | 1.25% | 20% | 1,000,000 | Daily | 0.8 | 2.8 | 6.0 | 0.2 | 1.1 | 2.9 | 3.1 | 6.2 | 3.8 | 6.1 | IE00BG1V1444 | Daily | Ireland | Lazard Asset Management | Yes | Yes | Article 8 | Yes | Yes | Yes | 57 | 52 | 45 | 44 | 60 | |||||
Cheyne Global Credit Fund | Apr 2012 | Global | £95m | 1.00% | 10% | 1,000,000 | Weekly | 0.8 | 1.9 | 10.5 | 0.2 | 0.8 | 1.8 | 5.0 | 11.2 | 10.6 | 8.1 | IE00B76XH336 | Weekly | Ireland | Cheyne Capital | Sean Boland | 27 | 49 | 7 | 27 | 44 | ||||||||||
BlackRock Strategic Funds Fixed Income Strategies | Sep 2009 | Global | £1.9b | 0.60% | 0% | No | 10,000,000 | Daily | 0.8 | 1.2 | 2.8 | 0.3 | 0.8 | 1.3 | 4.3 | 4.5 | 4.9 | 1.8 | LU0438336264 | Daily | Luxembourg | BlackRock Investment Manage... | Michael Krautzberger, Tom M... | Yes | Yes | Article 6 | Yes | Yes | Yes | 46 | 46 | 58 | 53 | 50 | |||
Bramshill UCITS Income Performance Fund | Mar 2018 | US | £168m | 0.65% | 0% | No | 100,000 | Daily | 0.8 | 1.3 | 6.9 | 0.5 | 1.0 | 1.6 | 7.2 | 8.8 | 5.0 | 2.1 | IE00BYVLFB58 | Daily | Ireland | Bramshill Investments LLC | Art DeGaetano | Yes | Yes | Article 6 | Yes | N/A | N/A | 18 | 26 | 20 | 27 | 49 | |||
Schroder GAIA Cat Bond | Oct 2013 | Global | £2.2b | 1.10% | 1,000,000 | Biweekly | 0.8 | 3.1 | 16.5 | 0.2 | 0.7 | 3.2 | 6.7 | 15.6 | 16.9 | 19.1 | LU0951570687 | Biweekly | Luxembourg | Secquaero Advisors | Daniel Ineichen | Article 8 | 72 | 81 | 36 | 42 | 52 | ||||||||||
Hermes Absolute Return Credit Fund | May 2015 | Global | £236m | 0.70% | 100,000 | Daily | 0.8 | 1.3 | 4.9 | 0.1 | 0.7 | 1.5 | 5.1 | 6.3 | 3.5 | 1.0 | IE00BWFRCV46 | Daily | Ireland | Hermes Investment Management | Fraser Lundie | Article 8 | 22 | 27 | 1 | 33 | 46 | ||||||||||
Fidelity Absolute Return Global Fixed Income | Sep 2020 | Global | £22m | 0.70% | 10,000,000 | Daily | 0.7 | 2.0 | 6.8 | 0.4 | 0.8 | 1.9 | 4.5 | 6.9 | 8.3 | 9.7 | LU2207569984 | Daily | Luxembourg | Fidelity International | Claudio Ferrarese, Tim Foster | Article 6 | 66 | 48 | 49 | 59 | 94 | ||||||||||
Liontrust GF Absolute Return Bond Fund | Jun 2018 | Global | £96m | 0.40% | 5,000,000 | Daily | 0.7 | 1.1 | 7.1 | 0.2 | 0.8 | 1.3 | 4.3 | 6.5 | 6.3 | 4.3 | IE00BD85PP71 | Daily | Ireland | Liontrust Asset Management | David Roberts, Phil Milburn... | Article 8 | 31 | 36 | 4 | 39 | 66 | ||||||||||
GAM Star Cat Bond | Oct 2011 | Global | £2.2b | 1.10% | 10% | No | 20,000,000 | Biweekly | 0.7 | 3.5 | 15.5 | 0.3 | 0.9 | 3.8 | 7.4 | 15.6 | 15.4 | 20.6 | IE00B5BJCL51 | Biweekly | Ireland | GAM Investments | Fermat Capital Management LLC | No | No | Article 6 | No | N/A | N/A | 75 | 79 | 34 | 51 | 68 | |||
FTGF Legg Mason Brandywine Global Fixed Income Absolute Return | Apr 2012 | Global | £152m | 0.90% | 0% | No | 15,000,000 | Daily | 0.7 | -1.3 | 3.0 | 0.5 | 1.2 | -1.9 | 7.4 | 1.3 | 0.2 | -1.6 | IE00B5M0G930 | Daily | Ireland | Brandywine | David F Hoffman, Jack McInt... | Yes | Yes | Article 6 | No | N/A | N/A | 11 | 22 | 22 | 18 | 29 | |||
Macquarie Global Income Opportunities | Nov 2013 | Global | £16m | 0.50% | 1,000,000 | Daily | 0.7 | 1.0 | 5.6 | 0.1 | 0.8 | 1.1 | 4.9 | 3.8 | 3.8 | 0.8 | LU0947832670 | Daily | Luxembourg | Macquarie Investment Manage... | Brett Lewthwaite, David Hanna | Article 6 | 28 | 26 | 19 | 34 | 57 | ||||||||||
Alma MidOcean Absolute Return Credit | Jan 2016 | Global | £77m | 1.34% | 20% | No | 100 | Weekly | 0.7 | 1.1 | 10.1 | 0.1 | 0.8 | 1.2 | 3.8 | 8.3 | 9.5 | 9.9 | LU2382212186 | Weekly | Luxembourg | MidOcean Credit Fund Manage... | Yes | Yes | Article 8 | Yes | N/A | Yes | 62 | 65 | 8 | 26 | 57 | ||||
Securis Catastrophe Bond Fund | Mar 2016 | Global | £190m | 0.65% | 0% | No | 100,000 | Biweekly | 0.7 | 3.2 | 16.7 | 1.3 | 3.7 | 7.0 | 16.3 | 17.6 | 21.9 | IE00BYYCCZ85 | Biweekly | Ireland | Securis Investment Partners... | Yes | Yes | Article 6 | No | N/A | N/A | 78 | 82 | 33 | 53 | 74 |