This bond fund aims to achieve a positive total return over 3 years whilst maintaining an annualized volatility of no more than 3%, whilst investing in securities of issuers that contribute towards the Paris Agreement's goal to hold the increase in the global average temperature to below 2°C above pre-industrial levels.
The fund invests worldwide mainly in shorter-term investment grade quality bonds, with at least 80% in sustainable investments whilst excluding certain economic activities that are deemed detrimental to society or the environment and are incompatible with the sustainable investment objective of the fund. The average maturity of the portfolio may not exceed 3.5 years. The fund can use derivative financial instruments for hedging purposes. The fund has not designated a reference benchmark for the purpose of attaining the sustainable investment objective.
The experienced and diverse investment team applies a proprietary ESG framework to invest at least 80% of the portfolio in securities of corporate issuers in sustainable investments that contribute to an environmental (climate change mitigation, climate change adaptation) objective or social (empowerment) objective, and to exclude issuers deriving a non-negligible part of their revenues from defined products and/or activities.
An actively managed genuinely sustainable Article 9 fund, long only, unlevered, easy to understand and designed to keep volatility low.
Vontobel Fund - TwentyFour Sustainable Short-Term Bond Income (SSTBI) applies both positive and negative ESG screening to the investment universe, a system designed to reward companies for sound ESG practices. SSTBI is an actively managed short term bond fund that aims to deliver steady returns in any market environment while keeping volatility to a minimum.
Why invest?
* At least 90% of fixed rate credit holdings must be Net Zero or Paris Aligned, rising to 95% by 2025 and 100% by 2030.
**ICE/BAML 1-5Yr Global IG index.
All data is as at 30 Sep 2024 unless otherwise indicated.
| 1M | YTD | 1Y | Since Inception | |
|---|---|---|---|---|
| AN GBP | 0.7% | 4.7% | 7.6% | 5.9% |
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AN GBP | 6.3% | -4.4% | NA | NA | NA | NA | NA | NA | NA | NA |
| Portfolio | ||
|---|---|---|
| Volatility | 1.3% | |
| Sharpe Ratio | 1.8 | |
| Information Ratio | ||
| [1 year] | ||
All data is as at 22 Oct 2024 unless otherwise indicated.
| Portfolio Manager | TwentyFour Asset Management LLP |
|---|---|
| Fund Domicile | Luxembourg |
| Fund Currency | GBP |
| Share Class Currency | GBP |
| Risk Level | 3.00 (7 Oct 2024) |
| Year End | 31 August |
| Share Class Launch date | 4 Oct 2021 |
| Distribution Type | Distributing |
| Last distribution | 3.66 (27 Nov 2023) |
| SFDR Classification | Article 9 |
| Fund Registrations | AT, CH, DE, ES, FI, FR, GB, IE, IT, LI, LU, NL, NO, PT, SE, SG |
| Share Class Registrations | CH, GB, LU, SG |
| Highest since launch | 100.00 |
|---|---|
| Lowest since launch | 91.88 |
| Fund size in mln. | GBP 1,482.48 |
| Share class size in mln. | GBP 3.39 |
| Management fee | 0.40% |
|---|---|
| TER* | 0.55% (29 Feb 2024) |
| OCF | 0.55% (29 Feb 2024) |
| ISIN | LU2386632371 |
|---|---|
| Valor | 113621592 |
| Bloomberg | VOTBIAD LX |
| WKN | A3C4T8 |
| Depository | State Street Bank International GmbH (Luxembourg Branch) |
|---|---|
| Management Company | Vontobel Asset Management SA, Luxembourg |
| Swiss Paying Agent | Bank Vontobel AG |
| Swiss Representative | Vontobel Fonds Services AG |
| Share class | Currency | ISIN | Distrib. | Type | Launch date | Management fee | TER* | OCF |
|---|---|---|---|---|---|---|---|---|
| AHI (hedged) | EUR | LU2081486727 | Distributing | Institutional | 22 Jan 2020 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| AHI (hedged) | USD | LU2210409616 | Distributing | Institutional | 27 Aug 2020 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| AHI (hedged) | CHF | LU2210410036 | Distributing | Institutional | 27 Aug 2020 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| AN | GBP | LU2386632371 | Distributing | Retail | 4 Oct 2021 | 0.40% | 0.55% (29 Feb 2024) | 0.55% (29 Feb 2024) |
| AQG | GBP | LU2081485596 | Distributing | Institutional | 22 Jan 2020 | 0.25% | 0.36% (29 Feb 2024) | 0.36% (29 Feb 2024) |
| AQHNG (hedged) | EUR | LU2081486487 | Distributing | Retail | 5 Nov 2021 | 0.25% | 0.46% (29 Feb 2024) | 0.43% (7 Oct 2024) |
| AQHNG (hedged) | USD | LU2403268092 | Distributing | Retail | 5 Nov 2021 | 0.25% | 0.46% (29 Feb 2024) | 0.43% (7 Oct 2024) |
| AQI | GBP | LU2081485919 | Distributing | Institutional | 22 Jan 2020 | 0.40% | 0.51% (29 Feb 2024) | 0.51% (29 Feb 2024) |
| AQN | GBP | LU2081486057 | Distributing | Retail | 29 Nov 2021 | 0.40% | 0.55% (29 Feb 2024) | 0.55% (29 Feb 2024) |
| AQNG | GBP | LU2081485679 | Distributing | Retail | 22 Jan 2020 | 0.25% | 0.40% (29 Feb 2024) | 0.40% (29 Feb 2024) |
| G | GBP | LU2081485240 | Accumulating | Institutional | 22 Jan 2020 | 0.25% | 0.36% (29 Feb 2024) | 0.36% (29 Feb 2024) |
| HI (hedged) | EUR | LU2081486560 | Accumulating | Institutional | 22 Jan 2020 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| HI (hedged) | CHF | LU2210409962 | Accumulating | Institutional | 27 Aug 2020 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| HI (hedged) | USD | LU2081487709 | Accumulating | Institutional | 27 Aug 2020 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| HNG (hedged) | EUR | LU2081486214 | Accumulating | Retail | 4 Oct 2021 | 0.25% | 0.46% (29 Feb 2024) | 0.43% (7 Oct 2024) |
| HNG (hedged) | USD | LU2386631993 | Accumulating | Retail | 4 Oct 2021 | 0.25% | 0.46% (29 Feb 2024) | 0.43% (7 Oct 2024) |
| N | GBP | LU2081485836 | Accumulating | Retail | 29 Nov 2021 | 0.40% | 0.55% (29 Feb 2024) | 0.55% (29 Feb 2024) |
| NG | GBP | LU2081485323 | Accumulating | Retail | 22 Jan 2020 | 0.25% | 0.40% (29 Feb 2024) | 0.40% (29 Feb 2024) |
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
* TER includes performance fee where applicable
All data is as at 30 Sep 2024 unless otherwise indicated.
| Maturity | Weighting | |
|---|---|---|
| 0 - 1 yr | 28.1% | |
| 1 yr - 3 yr | 38.4% | |
| 3 yr - 5 yr | 32.2% | |
| Cash & Equiv | 1.4% |
View all documents View latest documents
| Document | Date | EN |
|---|---|---|
| Factsheets & Commentaries | ||
| Factsheet | Sep 2024 | |
| Monthly Commentary | Sep 2024 | |
| UCITS KIIDs | ||
| Key Investor Information Document (KIID) | Oct 2024 | |
| Legal Documents | ||
| AGM EGM invitation | Jan 2024 | |
| AGM EGM invitation | Jan 2023 | |
| AGM EGM invitation | Jan 2022 | |
| AGM EGM invitation | May 2021 | |
| AGM EGM invitation | Jan 2021 | |
| AGM EGM invitation | Jan 2020 | |
| Articles of Association | Apr 2016 | |
| Notification to Investors | Oct 2024 | |
| Notification to Investors | Sep 2024 | |
| Notification to Investors | Jun 2024 | |
| Notification to Investors | May 2023 | |
| Notification to Investors | Nov 2022 | |
| Notification to Investors | Jan 2022 | |
| Notification to Investors | Sep 2021 | |
| 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 | Oct 2024 | |
| View more Legal Documents View less Legal Documents | ||
| Sustainability Related Disclosures | ||
| Periodic Disclosure | Aug 2023 | |
| Pre-contractual Disclosure | Jul 2024 | |
| Statement on principal adverse impacts of investment decisions on sustainability factors | Jun 2024 | |
| Sustainability Related Disclosures | Jan 2024 | |
| Financial Reports | ||
| Annual Distribution | Nov 2023 | |
| Annual Report | Aug 2023 | |
| Distribution Dates | Jan 2024 | |
| Quarterly Distribution | Sep 2024 | |
| Quarterly Distribution | Jun 2024 | |
| Quarterly Distribution | Mar 2024 | |
| Semi-Annual Report | Feb 2024 | |
| Semi Annual Distribution | Apr 2024 | |
| Semi Annual Distribution | Apr 2023 | |
| UK Tax Reporting | Aug 2023 | |
| UK Tax Reporting | Aug 2022 | |
| View more Financial Reports View less Financial Reports | ||
| Dealing Information | ||
| Holiday Calendar 2024 | Jan 2024 | |
| Order Subscription Form | Oct 2024 | |
| Policies | ||
| Sanctioned Countries | Oct 2022 | |
| Shareclass Naming Convention | Jan 2022 | |
RISKS
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
Limited participation in the potential of single securities
Success of single security analysis and active management cannot be guaranteed
It cannot be guaranteed that the investor will recover the capital invested
Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility
Interest rates may vary, bonds suffer price declines on rising interest rates
Investment universe may involve investments in countries where the local capital markets may not yet qualify as recognised capital market
Investments in foreign currencies are subject to currency fluctuations
Money market investments are associated with risks of a money market, such as interest rate fluctuations, inflation risk and economic instability
Information on how environmental and social objectives are achieved and how sustainability risks are managed in this Fund may be obtained from here.
Morningstar rating: © 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
