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Tungsten SHY Synthetic High Yield UI - AK S

Ranked 7 out of 83 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Lutz Klaus

Lutz Klaus is a fund manager, partner and executive director at Tungsten Capital Management GmbH, where he moved from Mayfair Asset Management. He started his career in the asset management department of Cologne-based private bank Sal. Oppenheim, subsequently leaving for the multi-billion Euro Degussa Pension Fund where he became CIO. His investment style is a combination of modern portfolio construction theory paired with derivative overlay strategies. Klaus holds a degree as “Diplom Ökonom” from the University of Giessen and is a CFA Charterholder.

Objective

The fund invests in different fixed assets. The aim is to replicate the risk profile of high yield portfolios (= portfolios of bonds with high coupon rate, but high credit risk) using equity derivatives. The aim is to achieve a better risk-return ratio to traditional high-yield portfolios, particularly in phases of extreme market disparities in combination with considerable potential risk potential and a more favorable liquidity structure.

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Performance

Bond Strategies over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.9% 0.9% 3.0%
2016 8.0% -0.4% 3.2% 3.3% 1.9%
2015 -2.2% -6.4% 4.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany

Fund Info

  • Launch date30/03/2015
  • Share Class size11Mn
  • Base currencyEUR
  • ISIN DE000A12BTA8

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0

Charges

  • Annual management0.21%

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