SCOR FUNDS - Euro Short Term Duration High Yield

Management philosophy

SCOR FUNDS - Euro Short Term Duration High Yield invests in the European high yield bond market. The Fund's objective is to achieve an absolute and positive performance over the recommended investment period by investing in fixed and floating coupon bonds and in debt securities classified as speculative with an anticipated maturity less than three years.
 
Key points:
• an investment universe comprising only securities denominated in EUR 
• an investment universe comprising only companies from OECD member countries
• fundamental issuer analysis is at the heart of the investment process 

 

Net Asset Value

Share NAV Value Date Fund size
1033.78 
EUR 52 M

Performance as at 29/07/2022

YTD 1 month 3 months 1 year 3 years 2021 Since inception
-2.76% 3.34% -0.95% -1.93% 2.24% 2.28% 2.29%

Fund managers comments

"The Euro High Yield market delivered a negative performance -7.01% in June 2022. The widening in spreads gained pace as fears grew the ECB’s monetary tightening would trigger stagflation. The average OAS on the Euro High Yield market widened by 179bps to 647bps, representing an excess return of -6.31%."

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.

Our management team

Alexandre Stoessel
Jennifer Goeytes

Associated publications

Sales contact

Tel. :+ 33 1 58 44 70 00
Email : scorip.sales@scor.com

Fund characteristics

Legal form Sub-Fund of a Luxembourg-based SICAV under the directive 2009/65/EC (UCITS)
ISIN code LU1497739240 (IC EUR)
Bloomberg code SCOSTHY LX Equity (Part IC EUR)
Depositary BNP Paribas Securities Services, Luxembourg
Creation date July 20, 2017
Currency EUR
Benchmark N/A
Recommended investment horizon Minimum 3 years
Compliance with European standards Yes
Management fees 0.40% max p.a
Subscriptions / Redemption fees 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.