Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

GAM Multibond - Absolute Return Bd Defender-EUR B

Ranked 59 out of 87 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Timothy Haywood

Timothy Haywood is the investment director business-unit head for fixed income for GAM. Haywood joined GAM in 2009, following the merger with Augustus (then Julius Baer Investments Limited). He had previously worked as both CIO and CEO for Augustus, and has also held roles at Orient Overseas (International) and Chemical Global Investors Limited. Haywood attended the University of Edinburgh where he received a BSc in Chemical Engineering, and also holds a MBA from the University of Cranfield.

Daniel Sheard

Daniel Sheard is an Investment Director, responsible for the absolute return bond family of funds and various long only fixed income mandates. Mr Sheard joined GAM following its acquisition of fixed income and foreign exchange specialist, Augustus, in May 2009. He joined Augustus (then Julius Baer Investments Limited) in 2006 as deputy chief investment officer and became chief investment officer in 2008. Mr Sheard previously worked at Prudential M&G, where he was a director of the Institutional Fixed Income group. Prior to that he was a principal within the Advanced Strategies group at Barclays Global Investors, and before that was an associate director within the Fixed Income unit at Schroders. Mr Sheard holds a BSc (Hons) in Financial Services from the University of Manchester Institute of Science and Technology, a Postgraduate Diploma of Law from Nottingham Trent University, and is a charterholder of the Chartered Institute of Bankers. He is based in London.


The fund invests worldwide in bonds of the most various maturities, credit ratings, countries and currencies, as well as in derivative financial instruments, in accordance with the absolute return approach. The fund allows investors to delegate investment decisions to experienced specialists. The investment aim is to achieve positive yields regardless of market trends.

Showing fund performance in Switzerland View performance globally


Bond Strategies over : 31/01/2017 - 31/01/2018
  • Rank 59/87 Total Return
  • Rank 26/87 Standard Deviation
  • Rank 51/87 Max Drawdown
Fund Name Currency Risk
25 GAM Star Absolute Return Bond Defender EUR Inst EUR


26 GAM Multibond - Absolute Return Bd Defender-EUR B EUR


27 Janus Henderson Glo Unconstrained Bd A acc Hdg

Currency exposure is hedged

Currency exposure is hedged



27 Cheyne Global Credit GC - I1 EUR


Fund Name Currency Loss
49 GAM Star Emerging Market Rates EUR Acc EUR


49 Pharus SICAV - Absolute Return A EUR


51 Fortis B Fix Bond Plus 49 EUR


51 BNY Mellon Global Credit EUR H Acc Hdg

Currency exposure is hedged

Currency exposure is hedged



51 GAM Multibond - Absolute Return Bd Defender-EUR B EUR


Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 0.6% 0.8% 0.6% -0.1% -0.7%
2016 0.9% -0.5% 0.5% 0.5% 0.5%
2015 -1.7% 0.9% 0.5% -2.3% -0.8%
2014 -2.6% 0.7% 0.4% -1.2% -2.5%
2013 -0.9% 0.4% -1.4% 0.3% -0.1%
2012 4.6% 2.5% 0.3% 0.9% 0.8%
2011 -0.2% 0.6% 0.0% -1.2% 0.4%
2010 1.4% 1.1% -0.2% 0.4% 0.1%
2009 4.9% 1.4% 1.7% 1.5% 0.2%
2008 2.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Cyprus
  4. Denmark
  5. Estonia
  6. Finland
  7. France
  8. Germany
  9. Iceland
  10. Ireland
  11. Italy
  12. Latvia
  13. Liechtenstein
  14. Lithuania
  15. Luxembourg
  16. Netherlands
  17. Norway
  18. Singapore
  19. Spain
  20. Sweden
  21. Switzerland
  22. United Kingdom

Fund Info

  • Launch date31/07/2008
  • Share Class size25Mn
  • Base currencyEUR
  • ISIN LU0363795617

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0


  • Annual management0.90%

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