Select Page

Gesconsult

RF High Yield USD

The fund invests directly or indirectly through other funds (max. 10%) the 100% of its exposure in fixed income assets, mainly in high yield corporate bonds.

The fixed income universe includes deposits, money market instruments listed or not. The fund can have a 40% invested in subordinated debt, including contingent convertible bonds (write-down principal) not convertible into stocks. These kinds of instruments are issued in perpetuity with option to repurchase by the issuer, and in the event of a contingency, a write-off may be applied to the principal of the bond, negatively affecting the NAV.

The fixed income instruments will be of low credit quality or without rating from OCDE issuers mainly denominated in USD and the 25% of the exposure can be in emerging markets issuers, not existing sectorial, geographical or duration limitations.

The exposure to currency risk will range from 10% to 100% of its total exposure. Although the issuers where the fund is invested are in USD, the fund is denominated in Euros.

 

Documentation [Spanish]

Buy fund

If you want to invest in this fund, please contact us through the website.

Portfolio manager

David Ardura

Chief Investment Officer

More information

ISIN
ES0138922044

Launch date
06/11/2020

Depositary
Banco Caminos

Risk level

A team of talented and experienced professionals

Join us and invest with our Portfolio Managers

Do not hesitate to contact us if you have any questions

Gesconsult SGIIC

 C/ Príncipe de Vergara 36, 6º dcha
 28001 Madrid
 Tel: +34 91 577 49 31
 Email: fondos@gesconsult.es

Firm registered with the CNMV

Founded in 1987, Gesconsult is an asset management firm of collective investment institutions (SGIIC) registered with the National Securities Market Commission (CNMV).

About us

We invest in companies we know in depth to obtain the highest return by prioritizing capital preservation and risk management.

Legal notice: All returns are expressed in net terms, after expenses and fees. Past performance is not indicative of future performance. All returns referring to periods longer than one year are annualised. You can contact us through the website or by sending an email to info@gesconsult.com. Source: Gesconsult SGIIC.