Vontobel Fund - TwentyFour Sustainable Short Term Bond Income

Investment Grade
ISIN
LU2386632371
Valor
113621592
97.22
NAV
As at 17 Jul 2024
3.01%

Investment objective

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.


Key features

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.


Approach

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?

  • Sustainable objective: Emissions Reduction, carbon transition focus with credit holdings being Net Zero or Paris Aligned*
  • Our ESG screening process helps to ensure investors’ capital is invested sustainably, while still benefiting from TwentyFour’s specialist and active approach to fixed income
  • ESG score of the portfolio always higher than representative index**
  • Combines a traditional negative screen with a positive screen and ESG Integration, using TwentyFour’s ESG Scoring Model
  • Highly focused on security selection to generate alpha and lower risks. All bonds have to pass a rigorous screening process to show that they deliver good return potential with low volatility

 

* 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.
 

Investment team

Insights

All data is as at 17 Jul 2024 unless otherwise indicated.

Fund data
Portfolio Manager TwentyFour Asset Management LLP
Fund Domicile Luxembourg
Fund Currency GBP
Share Class Currency GBP
Risk Level 3.00 (26 Jan 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
Nav Information
Highest since launch 100.00
Lowest since launch 91.88
Fund size in mln. GBP 1,446.30
Share class size in mln. GBP 3.15
Fees And Expenses
Management fee 0.40%
TER* 0.55% (29 Feb 2024)
OCF 0.55% (29 Feb 2024)
Identifiers
ISIN LU2386632371
Valor 113621592
Bloomberg VOTBIAD LX
WKN A3C4T8
Parties
Depository CACEIS Bank, Luxembourg Branch
Management Company Vontobel Asset Management SA, Luxembourg
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 OCF OCF Date
AHI (hedged) EUR LU2081486727 Distributing Institutional 22 Jan 2020 0.40% 0.57% 29 Feb 2024 0.57% 29 Feb 2024
AHI (hedged) USD LU2210409616 Distributing Institutional 27 Aug 2020 0.40% 0.57% 29 Feb 2024 0.57% 29 Feb 2024
AHI (hedged) CHF LU2210410036 Distributing Institutional 27 Aug 2020 0.40% 0.57% 29 Feb 2024 0.57% 29 Feb 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 0.46% 29 Feb 2024
AQHNG (hedged) USD LU2403268092 Distributing Retail 5 Nov 2021 0.25% 0.46% 29 Feb 2024 0.46% 29 Feb 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 0.57% 29 Feb 2024
HI (hedged) CHF LU2210409962 Accumulating Institutional 27 Aug 2020 0.40% 0.57% 29 Feb 2024 0.57% 29 Feb 2024
HI (hedged) USD LU2081487709 Accumulating Institutional 27 Aug 2020 0.40% 0.57% 29 Feb 2024 0.57% 29 Feb 2024
HNG (hedged) EUR LU2081486214 Accumulating Retail 4 Oct 2021 0.25% 0.46% 29 Feb 2024 0.46% 29 Feb 2024
HNG (hedged) USD LU2386631993 Accumulating Retail 4 Oct 2021 0.25% 0.46% 29 Feb 2024 0.46% 29 Feb 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

* TER includes performance fee where applicable

View all documents View latest documents

Document Date EN
Factsheets & Commentaries
Exposure to Middle East Apr 2024
Factsheet Jun 2024
Monthly Commentary Jun 2024
UCITS KIIDs
Key Investor Information Document (KIID) Jan 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 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 Jan 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 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 Jan 2020
Policies
Sanctioned Countries Oct 2022
Shareclass Naming Convention Jan 2022