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Hermes Multi-Strategy Credit F EUR Acc

Ranked 5 out of 85 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Fraser Lundie

Co-head and lead credit portfolio manager Fraser Lundie joined Hermes in February 2010 and is lead manager on the Hermes range of credit strategies. Prior to this he was at Fortis Investments, where he was responsible for European high yield credit. Fraser graduated from the University of Aberdeen with an MA (Hons) in Economics, earned an MSc in Investment Analysis from the University of Stirling, and is a CFA charterholder.

Objective

The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield credit returns while exhibiting lower volatility relative to the global high yield market. The Fund will seek to achieve its objective by investing in a diversified portfolio of credit securities primarily including investment grade bonds, high yield bonds, credit default swaps and money market securities (including commercial bank loans which constitute money market instruments). The Fund will invest primarily in investment grade corporate, high yield corporate and/or government fixed and/or floating rate bonds, including convertible, amortising and defaulted bonds.The Investment Manager intends to diversify the Fund’s portfolio across different geographic regions and industries.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Bond Strategies over : 31/08/2017 - 31/08/2018
  • Rank 5/85 Total Return
  • Rank 79/85 Standard Deviation
  • Rank 73/85 Max Drawdown
Fund Name Currency Return
3 Bel Air Product Strategy Dynamic USD C EUR Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

4.2%

4 XAIA Credit Curve Carry (I) EUR EUR

3.5%

5 Hermes Multi-Strategy Credit F EUR Acc EUR

2.9%

6 Hedge Invest Numen Credit EUR I Initial EUR

2.8%

7 Ellipsis Polarius Credit Fund I EUR EUR

2.5%

Fund Name Currency Risk
77 Prosperise Credit Value A EUR EUR

5.3

78 Legg Mason WA Macro Opportunities Bd S EUR Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

6.0

79 Hermes Multi-Strategy Credit F EUR Acc EUR

6.2

80 Hedge Invest Numen Credit EUR I Initial EUR

6.7

81 Schroder GAIA Cat Bond EUR Hedged F Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

6.7

Fund Name Currency Loss
71 STRATEGIC QUALITY EMERGING BOND FUND EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.4%

72 MLIS KLS Fixed Income UCITS EUR D Acc EUR

-5.5%

73 Hermes Multi-Strategy Credit F EUR Acc EUR

-5.6%

74 Schroder GAIA Cat Bond EUR Hedged F Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.9%

75 Insight Total Return Bond S Euro Dis EUR

-6.3%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -3.0% 4.5%
2017 -7.3% 0.6% -4.7% -2.5% -0.8%
2016 12.6% -2.8% 5.0% 2.4% 7.8%
2015 11.8% 15.0% -2.7% -2.7% 2.8%
2014 6.6% 4.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date07/05/2014
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN IE00BKRCNF40

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management0.65%
  • Initial investment0.00%

Related News

Shorter non-call periods damaging HY, says Hermes' credit co-head

Companies bringing forward redemption dates is cutting into 'equity-like' returns of asset class, says Citywire A-rated Fraser Lundie.

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