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CPR Credixx Invest Grade - P

Ranked 29 out of 316 in - Euro Corporates 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 management objective is to outperform the Eonia + 2x composite index (iTraxx Europe 5-year TR price - 100%). To achieve this, the management team is looking for a positive exposure to lines of credit of private European issuers primarily via credit derivatives on the index iTraxx Europe Main with a maturity of 5 years. The portfolio may also invest in money market and fixed income, including cash management. The majority of exposures taken by the Portfolio will focus on issuers belonging to the category Investment Grade (AAA to BBB-from Standard & Poor's) at the time of investment.

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

Performance

Euro Corporates over : 30/09/2016 - 30/09/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 0.9% 2.2% 0.9%
2016 2.0% 0.5% -0.9% 2.1% 0.3%
2015 0.8% 1.6% -1.8% -0.8% 1.8%
2014 3.9% 0.8% 1.8% 0.2% 1.1%
2013 8.7% 0.4% 1.1% 2.9% 4.1%
2012 8.1% 5.3% -3.3% 3.7% 2.4%
2011 -3.3% 1.2% 0.1% -7.5% 3.2%
2010 0.2% 0.5% -4.2% 2.8% 1.2%
2009 10.6% -0.6% 6.8% 2.6% 1.6%
2008 -3.5% -3.4% 2.7% 0.5% -3.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Spain

Fund Info

  • Launch date28/12/2007
  • Share Class size68Mn
  • Base currencyEUR
  • ISIN FR0010560177

Purchase Info

  • Min. initial investment1
  • Min. regular additional investment0

Charges

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