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GAM Star Credit Opportunities (USD) USD Acc

Ranked 42 out of 43 in - US Dollar over 12 months
All calculations are in USD unless stated

Managed by

Grégoire Mivelaz

Anthony Smouha

Anthony Smouha is Chief Executive Officer of Atlanticomnium SA and is adviser to multiple GAM bond funds. Atlanticomnium SA specialises in bond portfolio management, and prior to joining the group in 1992, Mr Smouha was senior vice president, head of bond trading and sales at Soditic SA/SG Warburg Soditic SA, Geneva. Prior to this, he was at Credit Suisse First Boston in London. Mr Smouha was educated at Harrow School and holds an MA Cantab Hons in Economics from the University of Cambridge. He is based in Geneva.

Objective

The investment objective of the Fund is to achieve longterm capital gain in US dollars. It will be the policy of the Fund to seek to achieve its investment objective through investment principally in income bearing or accruing securities with fixed principal amounts including government bonds, corporate bonds, junior debt securities, preferred shares, convertible securities and contingent capital notes. The issuers of these securities may be located in any country worldwide including Emerging Markets.

Showing fund performance in Singapore View performance globally

Performance

US Dollar over : 31/10/2017 - 31/10/2018
  • Rank 42/43 Total Return
  • Rank 43/43 Standard Deviation
  • Rank 42/43 Max Drawdown
Fund Name Currency Return
39 PARVEST Bond USD Classic Cap USD

-3.7%

40 NN (L) US Factor Credit P Cap USD USD

-3.8%

41 Legg Mason WA US Core Plus Bond A Acc USD USD

-4.6%

42 GAM Star Credit Opportunities (USD) USD Acc USD

-5.1%

43 Merian Total Return USD Bond B USD

Currency exposure is hedged

Currency exposure is hedged

USD

-6.5%

Fund Name Currency Risk
39 Wells Fargo (LUX) WW USD Inv Grade Cred A Acc USD USD

3.0

40 Loomis Sayles Multisector Income Fund C/A (USD)

Currency exposure is hedged

Currency exposure is hedged

USD

3.2

41 Merian Total Return USD Bond B USD

Currency exposure is hedged

Currency exposure is hedged

USD

3.4

42 SSSF Fixed Maturity Bond 2021 (II) A Dis USD USD

3.7

43 GAM Star Credit Opportunities (USD) USD Acc USD

3.7

Fund Name Currency Loss
39 NN (L) US Factor Credit P Cap USD USD

-3.8%

40 Loomis Sayles Multisector Income Fund C/A (USD)

Currency exposure is hedged

Currency exposure is hedged

USD

-4.1%

41 Legg Mason WA US Core Plus Bond A Acc USD USD

-4.9%

42 GAM Star Credit Opportunities (USD) USD Acc USD

-6.3%

43 Merian Total Return USD Bond B USD

Currency exposure is hedged

Currency exposure is hedged

USD

-6.6%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.4% -4.0% 1.1%
2017 12.6% 4.0% 4.0% 2.2% 1.9%
2016 8.5% -0.6% 3.1% 5.1% 0.8%
2015 2.0% 3.0% 0.1% -1.7% 0.7%
2014 8.0% 4.2% 4.0% -0.2% -0.1%
2013 15.5% 5.1% 1.0% 3.8% 4.8%
2012 22.4% 10.9% -3.1% 6.9% 6.5%
2011 0.7%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/09/2018

Top 10 Holdings

Stock Size
HSBC Holdings PLC PERP 4.54%
St Rabo Ledenc PERP 3.95%
Societe Generale SA PERP 3.45%
USD Cash 2.97%
HSBC Holdings PLC PERP 2.65%
Credit Suisse Group AG PERP 2.56%
Fortis Bank PERP 2.25%
Royal Bank Scot PERP 2.23%
Ageasfinlux SA FRN perp 2.02%
Trafigura Group PERP 1.79%
30/09/2018

Registered For Sale In

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

Fund Info

  • Launch date19/07/2011
  • Share Class size3,786Mn
  • Base currencyUSD
  • ISIN IE00B560QG61

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0

Charges

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