Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Morgan Stanley Euro Corporate Bond I USD

Ranked 14 out of 15 in - Euro Corporates over 12 months
All calculations are in USD unless stated

Managed by

Richard Ford

Richard Ford was born in Guildford, Surrey. He attended the University of Edinburgh where he graduated in business studies. Richard started his career with Ernst and Young where he qualified as a Chartered Accountant. He joined Morgan Stanley in 1991 and has over 15 years of investment experience. During his time at the firm he has worked as a risk manager and as a proprietary trader before joining Morgan Stanley Investment Management in 2002. In addition to his experience at Morgan Stanley, he was a portfolio manager with Pimco. Richard has been managing funds for over six years and is a member of the Institute of Chartered Accountants. Outside of fund management he enjoys bridge, travelling and sport.

Leon Grenyer

Leon Grenyer was born in London, and studied geography at the University of Bristol. He started his career in 1995 as a credit analyst and investment analyst at Abbey National Treasury Services. In 2003 he joined Morgan Stanley where he is currently a portfolio manager, running a number of funds using a combined top-down macroeconomic assessment to determine optimal beta positioning for the portfolio with rigorous bottom-up fundamental analysis. Leon has been managing funds for over seven years and holds the ACT qualification (Association of Corporate Treasurers). Outside of fund management he enjoys tennis, rugby, bridge and walking.

Objective

The investment objective is to provide an attractive rate of relative return, measured in Euro, primarily through investment in euro denominated fixed income securities of high quality issued by corporations and non government related issuers. With a view to enhancing returns and/or as part of the investment strategy, the Fund may make use of exchange traded and over-the-counter options, futures and other derivatives for investment or efficient portfolio management (including hedging) purposes.

Showing fund performance in Singapore View performance globally

Performance

Euro Corporates over : 30/09/2017 - 30/09/2018
  • Rank 14/15 Total Return
  • Rank 15/15 Standard Deviation
  • Rank 15/15 Max Drawdown
Fund Name Currency Risk
11 Nordea 1 - European Cross Credit HAI USD

Currency exposure is hedged

Currency exposure is hedged

USD

2.1

12 Nordea 1 - European Financial Debt HBI USD

Currency exposure is hedged

Currency exposure is hedged

USD

3.7

13 Capital Group Euro Corporate Bond (LUX) B USD USD

6.8

14 PARVEST Bond Euro Corporate I Cap (USD) USD

6.9

15 Morgan Stanley Euro Corporate Bond I USD USD

7.6

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 1.9% -6.6% -0.1%
2017 18.7% 2.4% 8.0% 4.6% 2.6%
2016 2.6% 6.7% -1.1% 4.0% -6.4%
2015 -10.8% -9.7% 1.3% -1.2% -1.3%
2014 -5.3% 2.5% 1.6% -6.4% -2.8%
2013 9.1% -2.3% 1.3% 6.1% 4.0%
2012 22.7% 12.5% -6.3% 8.7% 7.1%
2011 -5.7% 6.6% 3.0% -11.9% -2.6%
2010 -3.3% -3.4% -10.1% 14.4% -2.7%
2009 23.4% -3.8% 15.9% 10.4% 0.3%
2008 -9.2% 5.9% -0.4% -12.5% -1.6%
2007 10.5% 1.9% 0.2% 5.6% 2.5%
2006 12.9% 1.3% 5.1% 1.7% 4.3%
2005 -11.0% -4.7% -4.3% 0.6% -3.0%
2004 16.1% -0.7% -1.3% 4.5% 13.3%
2003 30.6% 5.8% 10.1% 2.8% 9.1%
2002 24.0% -2.3% 12.6% 2.9% 9.6%
2001 -0.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date03/09/2001
  • Base currencyUSD

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment50,000

Charges

  • Annual management0.45%
  • Initial investment0.45%

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