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H2O Multibonds IUSD

Ranked 3 out of 1104 in - Global over 12 months
All calculations are in USD unless stated

Managed by

Bruno Crastes

A mathematics graduate from the University of Lyon, and a qualified actuary, Bruno Crastes started his career in finance as a proprietary trader on the global bond markets for Banque Louis Dreyfus in 1988. He began managing global fixed income portfolios at Crédit Agricole Asset Management in 1990 and his quick rise through the ranks at the company saw him appointed head of international fixed income in 1997 following the merger between Indosuez Asset Management and Segespar, the predecessor of CA Asset Management. Crastes was made CIO and deputy CEO of CAAM’s London operation in November 2002. In 2010 he set up H2O Asset Management alongside Vincent Chailley.

Objective

The fund seeks to outperform its reference index (JP Morgan Government Bond Index Broad) by 1.6% p.a. over a 3 years recommended investment period. The fund implements a Top Down Global Macro investment strategy. Diversification is the key alpha driver. The performance is driven by the directional and relative value positions of the portfolio manager within a global fixed income investment universe (developed or emerging markets).

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

Performance

Global over : 30/06/2015 - 30/06/2016
  • Rank 3/1104 Total Return
  • Rank 1098/1104 Standard Deviation
  • Rank 971/1104 Max Drawdown
Fund Name Currency Return
1 IW Alternative SIF-Low Risk-P EUR USD

22.5%

2 Pioneer Inst Gl (exJapan) Aggregate Bond F Cap JPY USD

21.1%

3 H2O Multibonds IUSD USD

20.3%

4 UBS (CH) Inst Fd-Global Bonds 2 I-X USD

19.8%

5 Pioneer SICAV Strategic Income N No Dis GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

19.6%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 -0.8% -3.1%
2015 18.1% 7.4% -12.1% 21.8% 2.8%
2014 14.6% 9.4% 3.0% 5.5% -3.6%
2013 16.3% -0.1% 6.3% 3.3% 6.0%
2012 37.7% 10.2% -1.1% 13.9% 11.0%
2011 -11.2% 2.6% -4.0% -11.1% 1.4%
2010 -1.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. France
  2. Netherlands
  3. Singapore
  4. Switzerland
  5. United Kingdom

Fund Info

  • Launch date23/08/2010
  • Share Class size20Mn
  • Base currencyUSD
  • ISIN FR0010930735

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

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Turning the tables: H2O’s Bruno Crastes

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Boutique star Crastes plans European expansion in 2014

The Citywire AA-rated manager and founder of H2O AM outlines plans to register his funds across Europe.

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