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Algebris Financial Credit I CHF Acc

Ranked 11 out of 14 in - Europe High Yield over 12 months
All calculations are in CHF unless stated

Managed by

Sebastiano Pirro

Sebastiano Pirro joined Algebris in August 2012 as investment analyst covering credit opportunities and is now the portfolio manager of the fund. Prior to this, he worked in corporate finance at JP Morgan Investment Bank. Pirro holds an MSc magna cum laude in mechanical engineering from Padua University, Italy, and is a CFA charter holder. Sebastiano was a professional alpine ski athlete, ranking within top 150 globally in giant slalom and participating in the European Cup circuit.

Objective

The Funds objective is to provide a high level of income and generate modest capital appreciation. Funds assets will be invested in the financial sector globally, primarily in fixed and variable interest securities, contingent convertible instruments, hybrid securities, Tier 1 and upper and lower Tier 2 securities, trust preferred securities, preference shares, convertible securities, other subordinated debt, as well as exchange traded notes, exchange traded funds, which provide exposure to the particular asset classes in which the Investment Manager wishes to invest, and deposits.

Showing fund performance in Switzerland View performance globally

Performance

Europe High Yield over : 30/09/2017 - 30/09/2018
  • Rank 11/14 Total Return
  • Rank 13/14 Standard Deviation
  • Rank 13/14 Max Drawdown
Fund Name Currency Return
9 Edmond de Rothschild Fund- Euro HY I CHF (H)

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.6%

10 Oaktree (Lux) Fds-Oaktree European Hi Yld BdHCHFB

Currency exposure is hedged

Currency exposure is hedged

CHF

-0.7%

11 Algebris Financial Credit I CHF Acc

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.3%

12 Fidelity Funds - European Hi Yld Y-ACC-CHF H

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.8%

13 Eurizon Fund Bond High Yield Z7 CHF

-2.7%

Fund Name Currency Risk
10 T Rowe European High Yield Bond QH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

2.6

11 Fidelity Funds - European Hi Yld Y-ACC-CHF H

Currency exposure is hedged

Currency exposure is hedged

CHF

2.7

12 Edmond de Rothschild Fund- Euro HY I CHF (H)

Currency exposure is hedged

Currency exposure is hedged

CHF

3.1

13 Algebris Financial Credit I CHF Acc

Currency exposure is hedged

Currency exposure is hedged

CHF

5.9

14 Eurizon Fund Bond High Yield Z7 CHF

8.1

Fund Name Currency Loss
10 Oaktree (Lux) Fds-Oaktree European Hi Yld BdHCHFB

Currency exposure is hedged

Currency exposure is hedged

CHF

-3.3%

11 Fidelity Funds - European Hi Yld Y-ACC-CHF H

Currency exposure is hedged

Currency exposure is hedged

CHF

-3.6%

12 T Rowe European High Yield Bond QH CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

-3.7%

13 Algebris Financial Credit I CHF Acc

Currency exposure is hedged

Currency exposure is hedged

CHF

-6.5%

14 Eurizon Fund Bond High Yield Z7 CHF

-7.3%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.4% -4.8% 1.8%
2017 9.9% 3.0% 2.6% 1.8% 2.2%
2016 6.5% -1.3% 0.8% 3.8% 3.1%
2015 4.6% 3.6% -1.0% -0.2% 2.2%
2014 7.4% 3.7% 3.4% -1.6% 1.7%
2013 9.0% 0.8% 0.3% 3.0% 4.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Switzerland
  3. United Kingdom

Fund Info

  • Launch date04/10/2012
  • Base currencyEUR
  • ISIN IE00B8HNZW49
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment500,000
  • Min. regular additional investment0

Charges

  • Annual management0.50%

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