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CPR Credixx Global High Yield - I

Ranked 16 out of 243 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Julien Daire

Julien Daire is head of credit management at CPR Asset Management having started at the group in 1998 as a risk manager and later became head of the risk department. He uses a directional investment style and manages the CPR Credixx Global High Yield and CPR Credixx Investment Grade funds. Based in Paris, he studied at Rennes University.

Benoit Houzelle

Benoît Houzelle started his career in 2004 at Crédit Agricole Asset Management. He initially worled as a quantitative analyst on Fixed Income and Credit Products before moving onto volatility and convertible bonds products between 2007 and 2010. In 2010, he joined Amundi as a structured funds portfolio manager, later joining CPR Asset Management as a credit portfolio manager in 2013. Houzelle holds a Civil Engineering Degree from the Ecole des Mines de Nancy.

Objective

The fund aims to outperform the composite index Eonia + [1.5 x (1/3of the perf. of Itraxx Crossover 5Y in Euro + 2/3 of the perf. of CDX.NA.HY.5Y USD hedged in euro)]. To achieve this, the management team primarily exposes the portfolio to the lines of credit of European and American corporate issuers belonging to the speculative grade (rated below BBB-by S&P) based on their expectations of the credit market . This credit exposure is mainly obtained via credit derivatives of the multi-issuer indices iTraxx Crossover and CDX.NA.HY with a 5-year maturity.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Global High Yield over : 30/09/2016 - 30/09/2017
  • Rank 16/243 Total Return
  • Rank 121/243 Standard Deviation
  • Rank 29/243 Max Drawdown
Fund Name Currency Return
14 SLF (F) Opportunite High Yield 2021 P Cap USD

13.7%

15 Barings Global High Yield Credit Str S EUR Acc USD

13.4%

16 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged

EUR

13.3%

17 AQA High Yield Bond A EUR Retail USD

13.3%

18 Union Obli High Yield 2021 C USD

13.1%

Fund Name Currency Risk
119 Stone Harbor High Yield Bond M USD Acc USD

3.4

120 Templeton Global High Yield A (Mdis) USD USD

3.4

121 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged

EUR

3.5

122 Goldman Sachs Glo High Yield Pf Base USD USD

3.5

123 Amundi Global High Yield Bond (A)

Currency exposure is hedged

Currency exposure is hedged

EUR

3.5

Fund Name Currency Loss
27 SWC (LU) BF Secured High Yield AA USD

-0.4%

28 Investec GSF Global High Yield Bond S Inc USD USD

-0.4%

29 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.4%

29 Henderson HF Global High Yield Bond A2 USD USD

-0.4%

31 Tower Global High Yield Acc USD USD

-0.5%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.9% 2.1% 3.1%
2016 12.9% 2.8% -0.3% 5.4% 4.6%
2015 3.1% 4.1% -2.0% -3.3% 4.6%
2014 6.7% 2.5% 2.9% -1.5% 2.7%
2013 26.2% 6.7% 1.8% 7.1% 8.5%
2012 24.9% 10.4% -3.2% 12.1% 4.2%
2011 -3.1% 3.4% 0.1% -13.3% 8.0%
2010 8.6% 9.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Switzerland

Fund Info

  • Launch date15/06/2010
  • Share Class size350Mn
  • Base currencyEUR
  • ISIN FR0010899708
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment250,000
  • Min. regular additional investment0

Charges

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