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GAM Star Absolute Return Bond EUR Inst

Ranked 42 out of 83 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.

Objective

The investment objective of the Fund is to invest at least 85% of its assets in the Julius Baer Multibond Absolute Return Bond Fd, the investment objective of which is to achieve a long term positive (absolute) return in both rising and falling financial markets while observing the principle of risk diversification. The Master Fund seeks to achieve its objective by investing in fixed-interest and floating rate debt securities. These securities are issued by companies, quasi-state entities and governments. The selection may be made from debt securities of all levels of creditworthiness, maturities and in all currencies.

Showing fund performance in Switzerland View performance globally

Performance

Bond Strategies over : 31/10/2016 - 31/10/2017
  • Rank 42/83 Total Return
  • Rank 40/83 Standard Deviation
  • Rank 47/83 Max Drawdown
Fund Name Currency Risk
38 ShelteR Invest Low Volatility I Cap EUR

1.5

39 JPM Income Opportunity A (perf) Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

1.5

40 GAM Star Absolute Return Bond EUR Inst EUR

1.6

41 GAM Multibond - Absolute Return Bd-EUR B EUR

1.6

42 PIMCO Select Unconstrained Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.6

Fund Name Currency Loss
45 XAIA Credit Curve Carry (I) EUR EUR

-0.9%

46 GAM Multibond - Absolute Return Bd Plus-EUR B EUR

-1.0%

47 GAM Star Absolute Return Bond EUR Inst EUR

-1.0%

48 GAM Star Emerging Market Rates EUR Acc EUR

-1.0%

49 Amundi 24 M E (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.6% 0.7% 0.1%
2016 2.5% -0.3% 1.2% 1.1% 0.5%
2015 -1.1% 1.0% 1.2% -2.5% -0.7%
2014 -2.4% 1.1% 0.7% -1.4% -2.8%
2013 -0.1% 0.9% -1.3% 0.5% -0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Finland
  2. Germany
  3. Ireland
  4. Luxembourg
  5. Netherlands
  6. Norway
  7. Spain
  8. Sweden
  9. United Kingdom

Fund Info

  • Launch date09/11/2012
  • Share Class size719Mn
  • Base currencyEUR
  • ISIN IE00B7LFXB41

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment500,000

Charges

Related News

Bond veteran taps ‘extraordinary’ opportunity in Brazil

Timothy Haywood believes the central bank is primed to slash rates with huge positive knock-on effects for fixed income investors.

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