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Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Ranked 48 out of 94 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.

Showing fund performance in Chile View performance globally

Performance

Bond Strategies over : 30/06/2017 - 30/06/2018
  • Rank 48/94 Total Return
  • Rank 13/94 Standard Deviation
  • Rank 33/94 Max Drawdown
Fund Name Currency Return
46 Threadneedle Credit Opps Ret Acc EUR EUR

-0.9%

46 Candriam Bonds Credit Opportunities I Cap EUR

-0.9%

48 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

48 nordIX Basis UI AK I EUR

-0.9%

50 Neuberger Berman Global Bd Abs Ret EUR I Acc EUR

-1.0%

Fund Name Currency Risk
11 LBBW Pro-Fund Absolute Return Rates EUR

0.8

12 Deutsche Invest I Short Duration Credit LC EUR

0.8

13 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9

14 Kames Absolute Return Bond Global C Acc EUR (Hgd)

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9

15 PIMCO Select Unconstrained Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

0.9

Fund Name Currency Loss
31 Pictet TR - Kosmos-P EUR EUR

-1.4%

32 M&G Total Return Credit Inv A EUR Acc EUR

-1.4%

33 Muzinich LongShortCreditYield Euro Acc A HdgNon-Eq

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.5%

34 OYSTER Flexible Credit R EUR PR EUR

-1.6%

34 Ostrum Credit Opportunities I/A (EUR) EUR

-1.6%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.6% -0.5%
2017 0.3% 0.0% 0.2% 0.3% -0.2%
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 size129Mn
  • 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).