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AB SICAV I-Euro High Yield Portfolio AA USD H

Ranked 1 out of 12 in - Euro High Yield over 12 months
All calculations are in USD unless stated

Managed by

Gershon Distenfeld

Gershon Distenfeld was born in 1975 in New York. He holds BA in finance from the Sy Syms School of Business at Yeshiva University in New York and is a CFA Charterholder. He started his career in July 1997 at Lehman Brothers as an emerging markets operations analyst, and in May 1998 joined Alliance Bernstein as a high yield trader. He then started managing high yield portfolios and is currently director of high yield. Outside of work, Gershon enjoys golf, backgammon and American football.

Sherif M. Hamid

Jorgen Kjaersgaard

Jørgen Kjærsgaard is head of European credit at Alliance Bernstein. He serves as portfolio manager for European Credit and heads the UK & Euro, High-Yield and Investment-Grade Credit portfolio-management teams. Prior to joining the firm in 2007, Jørgen was executive director for structured credit solutions at Rabobank. He holds a BSc in Business Administration and an MBSc in Finance from the Aarhus School of Business at Aarhus University.

Objective

The investment objective of the Portfolio is to produce high total return through a combination of income and capital appreciation. The Investment Manager expects that, at any time, no less than 50% of the Portfolio's net assets will be invested in corporate high yield debt obligations rated below Investment Grade debt (at time of purchase), and, at least two-thirds of the Portfolio's net assets will be invested in a combination of these below Investment Grade debt securities and those Investment Grade debt securities the Investment Manager deems to possess desirable high yielding characteristics and/or potential for high overall total return (at time of purchase).

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Performance

Euro High Yield over : 31/10/2016 - 31/10/2017
  • Rank 1/12 Total Return
  • Rank 12/12 Standard Deviation
  • Rank 8/12 Max Drawdown
Fund Name Currency Return
1 AB SICAV I-Euro High Yield Portfolio AA USD H

Currency exposure is hedged

Currency exposure is hedged

USD

10.8%

2 Schroder ISF EURO High Yield A Dis USD

Currency exposure is hedged

Currency exposure is hedged

USD

10.4%

3 UBS (Lux) Bond Fd - Euro High Yield (EUR)(USDh)Pmd

Currency exposure is hedged

Currency exposure is hedged

USD

10.3%

4 Pictet-EUR High Yield-HI USD

Currency exposure is hedged

Currency exposure is hedged

USD

10.2%

5 Deutsche Invest I Euro High Yield Corp USD LCH

Currency exposure is hedged

Currency exposure is hedged

USD

9.7%

Fund Name Currency Risk
8 Deutsche Invest I Euro High Yield Corp USD LCH

Currency exposure is hedged

Currency exposure is hedged

USD

2.4

9 Schroder ISF EURO High Yield A Dis USD

Currency exposure is hedged

Currency exposure is hedged

USD

2.5

10 Franklin Euro High Yield A (Mdis) USD-H1

Currency exposure is hedged

Currency exposure is hedged

USD

2.5

11 Pictet-EUR High Yield-HI USD

Currency exposure is hedged

Currency exposure is hedged

USD

3.0

12 AB SICAV I-Euro High Yield Portfolio AA USD H

Currency exposure is hedged

Currency exposure is hedged

USD

3.1

Fund Name Currency Loss
6 Deutsche Invest I Euro High Yield Corp USD LCH

Currency exposure is hedged

Currency exposure is hedged

USD

-0.6%

7 Amundi Fds Bond Euro High Yield - AHU (C)

Currency exposure is hedged

Currency exposure is hedged

USD

-0.7%

8 AB SICAV I-Euro High Yield Portfolio AA USD H

Currency exposure is hedged

Currency exposure is hedged

USD

-0.7%

9 Candriam Bonds Euro High Yield USD Hdg Cap

Currency exposure is hedged

Currency exposure is hedged

USD

-0.8%

10 Natixis Euro High Income Fund H-R/A (USD)

Currency exposure is hedged

Currency exposure is hedged

USD

-0.9%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.2% 3.3% 2.0%
2016 10.3% 2.8% 1.2% 3.4% 2.6%
2015 -0.8% 2.7% -1.5% -3.2% 1.2%
2014 1.9% -1.5% 0.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. France
  3. Hong Kong
  4. Luxembourg
  5. Macau
  6. Singapore
  7. Switzerland

Fund Info

  • Launch date06/03/2014
  • Base currencyUSD
  • ISIN LU1037946685
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management1.20%

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