Income is back

Why now for ABS: healthy consumers and attractive income

A resilient consumer is key for any well-functioning market, but it is particularly important for asset-backed securities (ABS), and currently consumers are proving remarkably strong. The ABS market can sometimes look like a confusing alphabet soup of acronyms, but we believe the benefits right now are clear.

 

 

Funds in focus

4 funds available
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Monument Bond Fund
View 9 share classes
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Asset-Backed Securities
Share class Currency ISIN Valor NAV YTD As at
A acc (Net) GBP GB00B3VH8W86 15.14 3.52% 21 May 2024
I Acc (Gross) GBP GB00B4XMPS34 165.53 3.70% 21 May 2024
I Acc (Net) GBP GB00B3V5V897 159.61 3.70% 21 May 2024
I Inc (Gross) GBP GB00B4XCQT18 112.16 3.73% 21 May 2024
I Inc (Net) GBP GB00B3XVTT21 112.14 3.73% 21 May 2024
L Acc (Gross) GBP GB00BDD9NJ41 1.24 3.80% 21 May 2024
L Acc (Net) GBP GB00BDD9NG10 1.31 3.80% 21 May 2024
L Inc (Gross) GBP GB00BDD9NH27 1.04 3.83% 21 May 2024
L Inc (Net) GBP GB00BDD9NF03 1.07 3.84% 21 May 2024
Vontobel Fund - TwentyFour Absolute Return Credit Fund
View 18 share classes
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Investment Grade
Share class Currency ISIN Valor NAV YTD As at
AHN (hedged) CHF LU1734078154 39471995 78.47 0.41% 21 May 2024
AHN (hedged) EUR LU1683487620 38261757 81.00 1.41% 21 May 2024
AI GBP LU1267852249 29030549 86.93 2.01% 21 May 2024
AQG GBP LU1530788402 34854330 98.12 2.06% 21 May 2024
AQHG (hedged) USD LU1767065979 40241908 100.02 2.09% 21 May 2024
AQHG (hedged) EUR LU1530788238 34854291 88.20 1.49% 21 May 2024
AQHN (hedged) EUR LU1331789450 30670277 91.47 1.40% 21 May 2024
AQHNG (hedged) USD LU1410502493 32553207 102.40 2.07% 21 May 2024
AQN GBP LU1331789377 30670273 103.97 1.99% 21 May 2024
AQNG GBP LU1368730674 31599783 98.53 2.05% 21 May 2024
G GBP LU1273680238 29168014 122.94 2.07% 21 May 2024
HG (hedged) EUR LU1925065655 45492332 104.44 1.48% 21 May 2024
HI (hedged) CHF LU1599320444 36446926 98.14 0.48% 21 May 2024
HN (hedged) EUR LU1734078238 39472001 100.87 1.43% 21 May 2024
HN (hedged) CHF LU2270707495 58756780 94.96 0.40% 21 May 2024
HN (hedged) USD LU1767066357 40236072 114.29 2.04% 21 May 2024
I GBP LU1267852082 29030420 121.59 2.01% 21 May 2024
N GBP LU1267852595 29030838 121.16 1.99% 21 May 2024
Vontobel Fund - TwentyFour Strategic Income Fund
View 29 share classes
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Flexible Bonds
Share class Currency ISIN Valor NAV YTD As at
AH (hedged) EUR LU1380459518 31903287 89.44 2.84% 21 May 2024
AH (hedged) USD LU1380459609 31903318 103.59 3.52% 21 May 2024
AHN (hedged) EUR LU1734078311 39472004 82.97 3.12% 21 May 2024
AHN (hedged) CHF LU1683482407 38291774 80.97 2.11% 21 May 2024
AQ GBP LU1695534591 38576552 90.40 3.45% 21 May 2024
AQG GBP LU1322872018 30446345 93.37 3.76% 21 May 2024
AQH (hedged) Gross USD LU1695534674 38576554 87.79 3.49% 21 May 2024
AQH (hedged) Gross EUR LU1695534757 38576557 78.51 2.86% 21 May 2024
AQHG (hedged) EUR LU1816229899 41604558 86.25 3.20% 21 May 2024
AQHG (hedged) USD LU1816230046 41604564 96.68 3.81% 21 May 2024
AQHI (hedged) USD LU1331792082 30671527 102.24 3.76% 21 May 2024
AQHN (hedged) EUR LU1325135033 30514904 85.00 3.07% 21 May 2024
AQHNG (hedged) EUR LU1325134226 30514898 85.12 3.17% 21 May 2024
AQHNG (hedged) USD LU1451580523 33337877 101.53 3.82% 21 May 2024
AQN GBP LU1322871630 30445597 93.61 3.69% 21 May 2024
AQNG GBP LU1695534328 38576548 90.75 3.75% 21 May 2024
G GBP LU1322871713 30445634 133.71 3.77% 21 May 2024
H (hedged) USD LU1695535135 38576584 119.18 3.47% 21 May 2024
H (hedged) EUR LU1551754515 35380297 109.68 2.88% 21 May 2024
HG (hedged) EUR LU1717117623 39078855 109.51 3.18% 21 May 2024
HG (hedged) USD LU1717117896 39078859 124.72 3.80% 21 May 2024
HI (hedged) USD LU1325144027 30517180 140.66 3.73% 21 May 2024
HI (hedged) EUR LU1325141510 30515149 119.87 3.11% 21 May 2024
HN (hedged) USD LU1767066431 40236077 121.92 3.73% 21 May 2024
HNG (hedged) EUR LU1325133921 30514756 121.16 3.18% 21 May 2024
HNG (hedged) USD LU1695535051 38576583 125.20 3.79% 21 May 2024
I GBP LU1322871390 30445160 131.88 3.70% 21 May 2024
N GBP LU1322871556 30445263 131.51 3.69% 21 May 2024
NG GBP LU1322871986 30446217 133.22 3.75% 21 May 2024
Investment Grade
Share class Currency ISIN Valor NAV YTD As at
AHI (hedged) EUR LU2081486727 51133685 86.04 1.37% 21 May 2024
AHI (hedged) USD LU2210409616 56212864 102.35 1.95% 21 May 2024
AHI (hedged) CHF LU2210410036 56212872 90.62 0.32% 21 May 2024
AN GBP LU2386632371 113621592 96.19 1.92% 21 May 2024
AQG GBP LU2081485596 51132454 94.17 2.00% 21 May 2024
AQHNG (hedged) EUR LU2081486487 51132510 92.17 1.40% 21 May 2024
AQHNG (hedged) USD LU2403268092 114481675 96.45 2.01% 21 May 2024
AQI GBP LU2081485919 51151249 95.94 1.93% 21 May 2024
AQN GBP LU2081486057 51151278 97.86 1.91% 21 May 2024
AQNG GBP LU2081485679 51132474 93.57 1.98% 21 May 2024
G GBP LU2081485240 51132430 105.96 1.99% 21 May 2024
HI (hedged) EUR LU2081486560 51132543 99.78 1.29% 21 May 2024
HI (hedged) CHF LU2210409962 56212870 96.60 0.34% 21 May 2024
HI (hedged) USD LU2081487709 51155828 106.05 1.95% 21 May 2024
HNG (hedged) EUR LU2081486214 51132436 99.38 1.38% 21 May 2024
HNG (hedged) USD LU2386631993 113621000 104.10 2.04% 21 May 2024
N GBP LU2081485836 51151238 103.67 1.92% 21 May 2024
NG GBP LU2081485323 51132452 105.75 1.98% 21 May 2024

Important Information

This page and the content contained therein is for professional investors only. 

The views expressed represent the opinions of TwentyFour as at February 2024, they may change and may also not be shared by other entities within the Vontobel Group. TwentyFour, its affiliates and the individuals associated therewith may (in various capacities) have positions or deal in securities (or related derivatives) identical or similar to those described herein. 

Past performance is not a reliable indicator of current or future performance and an investment can go down as well as up meaning capital is at risk. Any projections, forecasts or estimates contained herein are based on a variety of estimates and assumptions. There can be no assurance that estimates or assumptions regarding future financial performance of countries, markets and/or investments will prove accurate, and actual results may differ materially. The inclusion of projections or forecasts should not be regarded as an indication that TwentyFour or Vontobel considers the projections or forecasts to be reliable predictors of future events, and they should not be relied upon as such.

For Professional Clients only. This is a financial promotion and is not investment advice. Any views and opinions are those of the investment manager, unless otherwise noted. This is not investment research or a research recommendation for regulatory purposes.