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Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Ranked 49 out of 83 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Jason Horowitz

Based in New York, Jason Horowitz is a portfolio manager at Muzinich & Co. He has over 17 years of investment experience. He started his career in equity and credit research at Donaldson, Lufkin & Jenrette, a firm which was merged into Credit Suisse First Boston. Prior to joining Muzinich, Jason worked at high yield researcher CSFB. Jason holds a B.A. in Sociology and Judaic Studies from Yeshiva University, as well as an M.B.A. from the Yale School of Management. Jason holds the Chartered Financial Analyst designation and he is a Member of Investment Committee.

Objective

The Fund seeks to achieve an attractive absolute return with below market volatility over a full market cycle. It invests directly and indirectly through financial derivative instruments in high yield corporate bonds issued primarily, but not exclusively, in the US by US and global issuers, primarily with a credit rating of B3/B- or higher. The strategy stresses absolute returns and risk control through employing measures such as industry and issuer diversification, position limitations, use of shorter-maturity positions, and opportunistic synthetic shorting through the use of financial derivative instruments.

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Performance

Bond Strategies over : 31/10/2016 - 31/10/2017
  • Rank 49/83 Total Return
  • Rank 12/83 Standard Deviation
  • Rank 17/83 Max Drawdown
Fund Name Currency Return
48 LBBW Pro-Fund Credit I EUR

0.9%

49 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9%

50 GAM Multibond - Absolute Return Emerging Bd-EUR A

Currency exposure is hedged

Currency exposure is hedged

EUR

0.8%

51 XAIA Credit Basis II (I) EUR

0.7%

Fund Name Currency Risk
10 PARVEST Bond Absolute Return V350 Classic Cap EUR EUR

0.7

10 Kames Absolute Return Bond Global B Acc EUR (Hgd)

Currency exposure is hedged

Currency exposure is hedged

EUR

0.7

12 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

0.7

13 Deutsche Invest I Short Duration Credit LC EUR

0.9

14 Amundi Global Macro 2 - I (C) EUR

0.9

Fund Name Currency Loss
15 Invesco Unconstrained Bond Fund A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

16 Natixis Credit Opportunities I/A (EUR) EUR

-0.3%

17 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.3%

18 BSF Fixed Income Strat A2 EUR EUR

-0.4%

19 Insight - Absolute Insight Credit B1p EUR EUR

-0.4%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 0.0% 0.2% 0.3%
2016 2.4% 1.0% 0.5% 0.7% 0.2%
2015 1.2% 1.8% 0.1% -1.0% 0.2%
2014 -0.7% -0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. France
  3. Germany
  4. Ireland
  5. Italy
  6. Luxembourg
  7. Singapore
  8. Spain
  9. Switzerland
  10. United Kingdom

Fund Info

  • Launch date30/06/2014
  • Share Class size176Mn
  • Base currencyEUR
  • ISIN IE00BH3WKV28
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1Mn
  • Min. regular additional investment0

Charges

  • Annual management1.00%

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