SCOR Euro High Yield

Management philosophy

SCOR Euro High Yield is a long-only French FCP ("Fonds Commun de Placement"), UCITS IV compliant and invested in Euro denominated high yield bonds.

The fund’s investment objective is to achieve a performance greater than or equal to that of the Barclays Euro High Yield ex financial - 3% Issuer Cap index, less management fees, over the recommended investment period.
 
The fund's investment focuses on Euro denominated bonds issued by high yield corporates with predictable credit profiles going forward on the basis of objective criteria:
  • bonds issued by financial institutions are not part of the investment universe
  • credit derivatives are excluded

 

Net Asset Value

Share NAV Value Date Fund size
1793,64 
EUR 485 M

Performance as at 30/06/2020

YTD 1 month 3 months 1 year 3 years 2019 Since inception
-3,66% 2,18% 11,13% -1,23% 3,58% 8,85% 78,42%

Fund managers comments

"The US and Euro high yield markets had moved in line with each other until mid-April 2020. Since then, the two trends have become decorrelated, with the US high yield market posting a Superior performance to the European market."

Past performance is not an indication of future performance. Performances may vary over time. 

The risks and fees linked to this UCITS are set out in the Key Investor Information Document (KIID) and in the prospectus, both of which are available on this website. SCOR Investment Partners invites investors to consult these documents. In accordance with article 314-76 of the general regulations of the Autorité des Marchés Financiers, the client may receive, on request, details of the remunerations relating to the marketing of this product.

Fund characteristics

Legal form French mutual fund (FCP)
ISIN code FR0010853556 (C EUR share)
FR0011341171 (C CHF hedged share)
FR0011929728 (C USD hedged share)
Bloomberg code SCOEUHY FP Equity (C EUR share)
Depositary BNP Paribas Securities Services S.C.A.
Creation date April 14, 2010
Currency EUR
Benchmark Barclays Euro HY ex fin. - 3% Issuer Cap
Recommended investment horizon Minimum 3 years
Compliance with European standards Yes
Management fees 0.50% Max (inc VAT) (based on net assets without SCOR Ucits)
Subscriptions / Redemption fees Maximum 3.00% / None

Risk and performance profile

Risk low

-

Efficiency potentially lower

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Risk high

-

Efficiency potentially higher

Past performance is not an indication of future performance. Performances may vary over time. 

The risks and fees linked to this UCITS are set out in the Key Investor Information Document (KIID) and in the prospectus, both of which are available on this website. SCOR Investment Partners invites investors to consult these documents. In accordance with article 314-76 of the general regulations of the Autorité des Marchés Financiers, the client may receive, on request, details of the remunerations relating to the marketing of this product.