Muzinich Global Tactical Credit Fund Hedged SGD Accumulation R units

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Performance History31/10/2024
Growth of 1,000 (GBP) Advanced Graph
Muzinich Global Tactical Credit Fund Hedged SGD Accumulation R units
Fund--2.40.60.1
+/-Cat-----
+/-B’mrk-----
 
Key Stats
NAV
20/11/2024
 SGD 96.05
Day Change -0.47%
Morningstar Category™ Other Bond
ISIN IE00BDGHZ553
Fund Size (Mil)
21/11/2024
 USD 1810.03
Share Class Size (Mil)
21/11/2024
 USD 1.75
Max Initial Charge 1.00%
Ongoing Charge
18/07/2022
  1.49%
Investment Objective: Muzinich Global Tactical Credit Fund Hedged SGD Accumulation R units
The Fund seeks to generate consistent attractive returns on a risk-adjusted basis over a three to five year period. The Investment Manager seeks to meet its objective primarily through investments in high yield (i.e. sub-investment grade) corporate bonds and/or investment grade corporate and government bonds issued by US, European and emerging market issuers. The flexible allocation between high yield and investment grade, and among various geographies, will be determined primarily based on a relative value assessment across global credit markets. The Investment Manager will primarily invest in fixed and/or floating rate corporate and government bonds issued by US, European and emerging market issuers (normally less than 40% of the Net Asset Value of the Fund will be invested in emerging market issuers), which are listed and/or traded on a Recognised Exchange.
Returns
Trailing Returns (GBP)20/11/2024
YTD0.10
3 Years Annualised1.14
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Michael McEachern
10/02/2014
Inception Date
07/01/2021
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
3-Month LIBOR-
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  Muzinich Global Tactical Credit Fund Hedged SGD Accumulation R units31/10/2024
Fixed Income
Effective Maturity7.41
Effective Duration4.88
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond94.550.0494.51
Property0.000.000.00
Cash4.580.004.58
Other0.910.000.91
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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