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
1804,55 
EUR 489 M

Performance as at 28/06/2019

YTD 1 month 3 months 1 year 3 years 2018 Since inception
6,17% 1,89% 1,78% 4,65% 13,51% -3,12% 80,65%

Fund managers comments

"The Euro High Yield market posted a negative performance of 1.34% in May 2019, corresponding to a 60-bp widening of the average OAS, which returned to territory north of 400 bps."

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

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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.