ODDO BHF Global Credit Short Duration CI-EUR

Fixed Income Short Duration
ODDO BHF Global Credit Short Duration CI-EUR

Unit CI-EUR - EUR ISIN code : LU1833930578

Morningstar®

Rating as of 31 May 2024
Global High Yield Bond - EUR Hedged

Assets under management (million)

107 EUR

NAV N-1 day 1083.13 EUR

NAV at 19/06/2024

1083.50 EUR

YTD 1.85%

Risk indicator*

1 2 3 4 5 6 7

Recommended investment horizon

36
Month

1.45 %

Annualized perf. since inception

5.69 %

12-month performance

The Sub-Fund aims to achieve its objective by investing at least 50% of its net assets in global debt securities (Investment Grade and High Yield). The investment focus lies on debt securities with a rating of at least B3 or B- assigned by an internationally recognised rating service such as Moody's or S&P (or deemed equivalent by the Management Company, or using the Management Company’s internal rating).
* 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.
Investors are reminded that past performance is not a reliable indication of future returns and is not constant over time.

Annual performances (rolling 12 months)

Calendar performance of the fund

Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past. 

This chart shows the fund’s performance as the percentage loss or gain per year over the last years against its benchmark. It can help you to assess how the fund has been managed in the past and compare it to its benchmark. Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

NAV track record

ODDO BHF Global Credit Short Duration CI-EUR
Initial NAV 0.00 EUR
NAV 19/6/2024 1083.50EUR

Performance analysis

Data as of

  Annualised performance
  Funds¹ Benchmark²
1 year
3 years
5 years
Since inception
  Cumulative performance
  Funds¹ Benchmark²
YTD
1 month
1 year
3 years
5 years
Since inception
¹Funds :
²Benchmark :

Failing sufficient regulatory historical data, past performance cannot be published.

Technical and risk indicators

Data as of

  Annualised volatility
  1 year 3 years 5 years
Portfolio
Benchmark*
Annualised Jensen's Alpha
Sharpe ratio
Information ratio
Tracking error
Beta
Correlation coefficient
*Benchmark :

Failing sufficient regulatory historical data, past performance cannot be published.

Net asset value evolution

Key features

Launch date of the fund 22/10/2018

Launch date of the share class 27/11/2018

Legal structure SICAV

ISIN codeLU1833930578

Bloomberg code ODBCGCI LX

Currency EUR

Income allocation Capitalisation

DecimalisationOne-thousandth of a share

Subscription fees 2.00% maximum

Redemption feesnil

Management fees Annual rate of a maximum of 0.55%, payable quarterly and calculated based on the Sub-fund's average net assets for the month in question.

Performance fees A maximum of 10% of the Sub-Fund's outperformance relative to the benchmark index, once past underperformance over the previous five years has been offset.

Transaction fees received by the management company none

Management company ODDO BHF AM SAS

Custodian Caceis Bank Luxembourg (Luxembourg)

Administration and accounting Caceis Bank Lux

Subscriptions/ Redemptions12:00pm, D

NAV calculation frequency Daily

Management team

Documents

Our Companies

MIFID II

Please note that, effective from January 3, 2018, when ODDO BHF AM provides investment advisory services, it always does so on a non-independent basis pursuant to the European Directive 2014/65/EU (so-called “MIFID II Directive”). Please also note that all recommendations made by ODDO BHF AM are always provided for diversification purposes.

Communication on EU sanctions against Russia

In accordance with sanctions taken by the European Union in reaction to the Ukrainian crisis, we inform you that, pursuant to the provisions of Regulations EU n°833/2014 and EU n°398/2022, subscription to units in funds managed by the Management Company is prohibited for any Russian or Belorussian national, for any individual person residing in Russia or Belarus, and for any legal entity or organisation established in Russia or Belarus, with the exception of the nationals of a European Union Member-State and individual persons holding a temporary or permanent residency permit in a Member-State. This prohibition against investing in funds of the Management Company takes effect immediately upon publication of this document.