Flexible Bonds

Vontobel Fund - TwentyFour Strategic Income Fund

ISIN
LU1322871390
Valor
30445160
Sedol
BYXDH57

Investment objective

This bond fund aims to achieve an attractive level of income and capital growth over a full economic cycle, while respecting risk diversification.


Key features

The fund invests worldwide in a variety of government bonds, supranational bonds, investment-grade and high-yield corporate bonds, emerging market bonds, contingent convertible bonds, and asset-backed securities, denominated in various currencies. At the point of purchase, exchange rate risks against the fund currency are fully hedged. The fund can use derivative financial instruments for hedging purposes.


Approach

The experienced investment team takes a high-conviction approach to finding the best relative-value opportunities available in the investment universe, based on rigorous macro-economic and technical analyses combined with detailed credit analysis. Striving to benefit throughout the credit cycle from both rising and declining rate environments, the team flexibly allocates interest-rate and credit risks in line with their continuous assessment of market conditions and future developments. They also use interest-rate and credit derivatives to either optimize or reduce exposures.

133.19
NAV
2.58%
Performance YTD
5 stars
As at 29 Jul 2021 As of 30 Jun 2021

Insights

All data is as at 30 Jun 2021 unless otherwise indicated.

Fund performance

Cumulative performance

1M YTD 3 yrs p.a. 5 yrs p.a. Since Inception
I GBP 0.7% 2.5% 6.0% 6.0% 33.1%

Performance for 12 month periods

1 Jul 2016 - 30 Jun 2017 1 Jul 2017 - 30 Jun 2018 1 Jul 2018 - 30 Jun 2019 1 Jul 2019 - 30 Jun 2020 1 Jul 2020 - 30 Jun 2021
I GBP 10.1% 1.9% 4.6% 2.9% 10.7%

Performance for calendar years

Volatility & risk

Portfolio
Volatility 7.1%
Sharpe Ratio 0.8
Interest rate duration 3.3
Credit duration 3.5
Average Rating BBB-
Number of positions 414.0
[1 year]

All data is as at 29 Jul 2021 unless otherwise indicated.

Fund data
Portfolio Manager TwentyFour Asset Management LLP
Fund Domicile Luxembourg
Fund Currency GBP
Share Class Currency GBP
End of fiscal year 31 August
Share Class Launch date 30 Nov 2015
Distribution type Accum
Fund Registrations AT, CH, DE, ES, FI, FR, GB, IE, IT, LI, LU, NL, NO, PT, SE, SG
Share Class Registrations CH, FI, GB, IE, LU, NO, SE, SG
Nav Information
Highest since launch 133.06
Lowest since launch 94.19
Fund size in mln. GBP 5,181.19
Share class size in mln. GBP 174.88
Fees And Expenses
Management fee 0.60%
TER* 0.70% (28 Feb 2021)
Identifiers
ISIN LU1322871390
Valor 30445160
Bloomberg VOTFGIG LX
SEDOL BYXDH57
WKN A2DXBS
Parties
Depository RBC Investor Services Bank S.A.
Management Company Vontobel Asset Management S.A.
Swiss Paying Agent Bank Vontobel AG
Swiss Representative Vontobel Fonds Services AG

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee TER* TER Date
AH (hedged) EUR LU1380459518 Dist Retail 23 Mar 2016 1.20% 1.40% 28 Feb 2021
AH (hedged) USD LU1380459609 Dist Retail 23 Mar 2016 1.20% 1.40% 28 Feb 2021
AHN (hedged) EUR LU1734078311 Dist Retail 11 Dec 2017 0.60% 0.80% 28 Feb 2021
AHN (hedged) CHF LU1683482407 Dist Retail 4 Oct 2017 0.60% 0.80% 28 Feb 2021
AQ GBP LU1695534591 Dist Retail 10 Oct 2017 1.20% 1.34% 28 Feb 2021
AQG GBP LU1322872018 Dist Institutional 30 Nov 2015 0.45% 0.55% 28 Feb 2021
AQH (hedged) Gross EUR LU1695534757 Dist Retail 10 Oct 2017 1.20% 1.40% 28 Feb 2021
AQH (hedged) Gross USD LU1695534674 Dist Retail 10 Oct 2017 1.20% 1.40% 28 Feb 2021
AQHG (hedged) EUR LU1816229899 Dist Institutional 18 May 2018 0.45% 0.61% 28 Feb 2021
AQHG (hedged) USD LU1816230046 Dist Institutional 18 May 2018 0.45% 0.61% 28 Feb 2021
AQHI (hedged) USD LU1331792082 Dist Institutional 18 Dec 2015 0.60% 0.76% 28 Feb 2021
AQHN (hedged) EUR LU1325135033 Dist Retail 30 Nov 2015 0.60% 0.80% 28 Feb 2021
AQHNG (hedged) EUR LU1325134226 Dist Retail 30 Nov 2015 0.45% 0.65% 28 Feb 2021
AQHNG (hedged) USD LU1451580523 Dist Retail 22 Jul 2016 0.45% 0.65% 28 Feb 2021
AQN GBP LU1322871630 Dist Retail 30 Nov 2015 0.60% 0.74% 28 Feb 2021
AQNG GBP LU1695534328 Dist Retail 10 Oct 2017 0.45% 0.59% 28 Feb 2021
G GBP LU1322871713 Accum Institutional 30 Nov 2015 0.45% 0.55% 28 Feb 2021
H (hedged) USD LU1695535135 Accum Retail 10 Oct 2017 1.20% 1.40% 28 Feb 2021
H (hedged) EUR LU1551754515 Accum Retail 31 Jan 2017 1.20% 1.40% 28 Feb 2021
HG (hedged) USD LU1717117896 Accum Institutional 10 Nov 2017 0.45% 0.61% 28 Feb 2021
HG (hedged) EUR LU1717117623 Accum Institutional 10 Nov 2017 0.45% 0.61% 28 Feb 2021
HI (hedged) USD LU1325144027 Accum Institutional 30 Nov 2015 0.60% 0.76% 28 Feb 2021
HI (hedged) EUR LU1325141510 Accum Institutional 30 Nov 2015 0.60% 0.76% 28 Feb 2021
HN (hedged) USD LU1767066431 Accum Retail 9 Feb 2018 0.60% 0.80% 28 Feb 2021
HNG (hedged) EUR LU1325133921 Accum Retail 30 Nov 2015 0.45% 0.65% 28 Feb 2021
HNG (hedged) USD LU1695535051 Accum Retail 10 Oct 2017 0.45% 0.65% 28 Feb 2021
I GBP LU1322871390 Accum Institutional 30 Nov 2015 0.60% 0.70% 28 Feb 2021
N GBP LU1322871556 Accum Retail 30 Nov 2015 0.60% 0.74% 28 Feb 2021
NG GBP LU1322871986 Accum Retail 30 Nov 2015 0.45% 0.59% 28 Feb 2021

All data is as at 30 Jun 2021 unless otherwise indicated.

Regional Exposure

View all documents View latest documents

Document Date EN
Factsheets & Commentaries
Factsheet Jun 2021
Monthly Commentary Jun 2021
Brochures
Product Flyer Oct 2019
KIIDs
KIID May 2021
Legal Documents
AGM EGM invitation May 2021
AGM EGM invitation Jan 2021
AGM EGM invitation Jan 2020
Articles of Association Apr 2016
Notification to Investors Jul 2021
Notification to Investors May 2021
Notification to Investors Mar 2021
Notification to Investors Feb 2021
Notification to Investors Nov 2019
Sales Prospectus Mar 2021
View more Legal Documents View less Legal Documents
Financial Reports
Annual Report Aug 2020
Semi-Annual Report Feb 2021
UK Tax Reporting Aug 2020
UK Tax Reporting Aug 2019
View more Financial Reports View less Financial Reports
Dealing Information
Holiday Calendar 2021 Jan 2021
Order Subscription Form Jan 2020
Policies
Sanctioned Countries Sep 2016
Shareclass Naming Convention Jun 2021