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CPR Credixx Global High Yield - I

Ranked 20 out of 233 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 : 31/05/2016 - 31/05/2017
  • Rank 20/233 Total Return
  • Rank 132/233 Standard Deviation
  • Rank 96/233 Max Drawdown
Fund Name Currency Return
18 Macquarie High Yield Bond

Currency exposure is hedged

Currency exposure is hedged

AUD

15.5%

19 Schroder ISF Global High Income Bond A Acc USD

15.2%

20 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged

EUR

14.5%

21 Barings Global High Yield Bond F USD Acc USD

14.3%

22 Nomura Funds Ireland-Global High Yield Bond I USD USD

14.3%

Fund Name Currency Risk
130 Old Mutual Monthly Inc High Yield Bd A USD Inc USD

4.6

131 FSITC Global High Yield Bond Fund A USD

4.6

132 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged

EUR

4.7

133 CBP Select LarrainVial LatAm HY Bond A Cap USD

4.8

134 AGF Total Return Bond Class Series MF USD

4.8

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

-1.1%

95 Bonhote Selection - Obligation HR Multi-Fonds CHF

Currency exposure is hedged

Currency exposure is hedged

CHF

-1.1%

96 Wellington Multi-Sector Credit GBP S Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.2%

96 Muzinich Target Yield Hdg USD Acc Fndr USD

-1.2%

96 Renaissance Multi-Sector Fx In Pr Pool Prem Cl USD USD

-1.2%

96 CPR Credixx Global High Yield - I

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 2.9%
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 size352Mn
  • 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).