ODDO BHF Global Target 2026

  • Fixed Income
  • Target-Maturity

FR0013426657

Fixed Term Bond

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Presentation

The Fund’s investment strategy is to manage, on a discretionary basis, a diversified portfolio of debt securities composed, up to a limit of 100% of the Fund’s net assets, of traditional, high yield bonds rated between BB+ and B- (by Standard & Poor’s or equivalent as assessed by the Management Company, or according to its own internal rating), of which at least 60% are issued by corporate issuers with their registered office in an OECD member country and with maturities of a maximum of six months and one day after 31 December 2026 (final maturity of the product or early redemption options at the Fund’s discretion). Within the limit of 40% of the net assets, the Fund may hold securities from corporate issuers whose registered office is located outside of the OECD, including in emerging countries. The Fund seeks to maximise the portfolio’s average yield-to-maturity at the maturity date of 31 December 2026 and select the issuers with the lowest default risk in light of the return offered and fundamental analysis of the various risk factors inherent to said issuers.

The fund listed below carries a risk of capital loss.
Investors are reminded that past performance is not a reliable indication of future returns and is not constant over time.

Key information

Assets Under Management of the fund at 31.03.2026

€ 183.99m

Net Asset Value at 31.03.2026

€ 114.22

Net Asset Value N-1 day

€ 114.16

Annualised performance since inception

2.05%

Annualised performance - 5 years

2.30%

Rolling 12-month performance

2.80%

Year-to-date performance

0.03%

Recommended investment horizon

7 years

Risk indicator*

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* The summary risk indicator (SRI) is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the market or because we are not able to pay you. It ranges from 1 (low risk) to 7 (high risk). This indicator is not constant and will change according to the fund's risk profile. The lowest category does not mean risk-free. Historical data, such as that used to calculate the SRI, may not be a reliable indication of the fund's future risk profile. There is no guarantee that the investment objectives in terms of risk will be achieved.

  • Launch date of the fund

    09.09.2019

  • Launch date of the share class

    09.09.2019

  • Benchmark

    N/A

  • Legal structure

    FCP

  • ISIN Code

    FR0013426657

  • Bloomberg Code

    OGT26CR FP

  • Listing country

    Switzerland, Spain, Finland, France, Italy, Sweden

  • Currency

    EUR

  • Income allocation

    Capitalisation

  • Decimalisation

    One-thousandth of a share

  • Subscription fees

    4.00% maximum

  • Redemption fees

    nil

  • Management fees

    Up to 1.10% of the net assets, inclusive of tax

  • Administrative fees external to the asset management company

    N/A

  • Performances fees

    10% (inclusive of tax) of the Fund’s net annualised performance over and above the trigger threshold of 2.30%, once past underperformance over the previous five years has been offset.

  • Management company

    ODDO BHF AM SAS

  • Custodian

    ODDO BHF SCA, France (Paris)

  • Administration and accounting

    UI EFA France

  • Subscriptions/Redemptions

    11:15am D

  • NAV Calculation frequency

    Daily

Additional fees may apply. Please refer to the fund’s legal documentation for more information.