SCOR Sustainable Euro High Yield
Management philosophy
SCOR Sustainable Euro High Yield is a French FCP invested in Euro denominated high yield bonds. The fund’s investment objective is to achieve a performance greater or equal to the “Bloomberg Euro High Yield 3% Issuer Constraint ex financial TR unhedged” index, less management costs with net coupons reinvested, over the recommended investment period, while integrating Environmental, Social and Governance (ESG) criteria.
SCOR Sustainable Euro High Yield, classified as Article 8 under SFDR, has been awarded the LuxFLAG ESG label, certifying that the fund incorporates ESG criteria throughout its entire investment process.
Key points:
- a diversified portfolio that promotes the generation of cash flows
- investments in Euro denominated securities only
- no investments in bonds issued by financial institutions, nor investments in credit derivatives
- at least 90% of assets in the portfolio benefit from an innovative non-financial rating methodology
- the fund does not possess any ISR label
Net Asset Value
Share | NAV | Value Date | Fund size | ||||||
---|---|---|---|---|---|---|---|---|---|
1861 | | EUR 637 M | 1388.74 | | EUR 637 M | 1370.69 | | EUR 637 M |
Performance as at 28/02/2023
Performance as at 28/02/2023
Performance as at 28/02/2023
YTD | 1 month | 3 months | 1 year | 3 years | 2022 | Since inception |
---|---|---|---|---|---|---|
2.47% | -0.23% | 1.79% | -3.35% | 2.65% | -9.57% | 86.44% |
2.24% | -0.36% | 1.44% | -4.09% | 1.24% | -10.11% | 39.34% |
2.89% | -0.09% | 2.45% | -1.06% | 7.19% | -7.66% | 37.09% |
Fund managers comments
"The Euro High Yield market posted a positive performance of 3.15% in January. The average OAS tightened by 54 bps to 418 bps, representing excess return of 2.36%. Spreads began tightening in October and continued to do so vigorously in January, boosting the performance of the euro high yield market to +9.30% since its October low. Some economists have revised their euro-zone growth forecasts up for 2023. Encouraged principally by lower energy prices but also by the reopening of the Chinese economy, they appear to believe a recession is no longer in store. In addition, the market remains firm in its anticipation that the ECB will ease its monetary policy in the medium-term."
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


Associated publications
Sales contact
Tel. :+ 33 1 58 44 70 00
Email : scorip.sales@scor.com
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) SCOEUHC FP Equity (C CHF Hedged) SCOEUHU FP Equity (C USD Hedged) |
Depositary | BNP Paribas Securities Services S.C.A. |
Creation date | April 14, 2010 |
Currency | EUR |
Benchmark | Bloomberg Euro High Yield 3% Issuer Constraint index ex Financial TR Unhedged |
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
- 1
- 2
- 3
- 4
- 5
- 6
- 7
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.