Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Tungsten SHY Synthetic High Yield UI - AK S

Ranked 61 out of 85 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.

Showing fund performance in Jersey View performance globally

Performance

Bond Strategies over : 31/08/2017 - 31/08/2018
  • Rank 61/85 Total Return
  • Rank 66/85 Standard Deviation
  • Rank 68/85 Max Drawdown
Fund Name Currency Risk
64 Amundi 24 M E (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

3.1

65 SLI Glo SICAV Total Return Credit D Acc EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

3.2

66 Tungsten SHY Synthetic High Yield UI - AK S EUR

3.3

67 Insight - Absolute Insight EM Mkt Debt B1p EUR EUR

3.6

68 Neuberger Berman Global Bd Abs Ret EUR I Acc EUR

3.7

Fund Name Currency Loss
66 Parvest Bond Absolute Return V700 N Cap EUR

-4.6%

67 Hypo PF Anleihen long short EUR

-4.8%

68 Tungsten SHY Synthetic High Yield UI - AK S EUR

-4.9%

69 GAM Multibond - Absolute Return Emerging Bd-EUR A

Currency exposure is hedged

Currency exposure is hedged

EUR

-5.1%

70 CPR Credixx Active US High Yield - P (C) EUR

-5.2%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -3.5% 1.6%
2017 4.7% 1.9% 0.9% 3.0% -1.1%
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 size10Mn
  • Base currencyEUR
  • ISIN DE000A12BTA8

Purchase Info

  • Min. initial investment5Mn
  • Min. regular additional investment0

Charges

  • Annual management0.21%
  • Initial investment0.21%

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