Candriam Sst Bd Euro V CHF H Acc
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
General Objective
The fund aims to achieve capital growth by investing in bonds and other debt securities denominated in euro, issued by both private and public sector issuers rated at least BBB-/Baa3 (or equivalent) by rating agencies, while also integrating Environmental, Social, and Governance (ESG) considerations to contribute to reducing greenhouse gas emissions and have a positive impact on environment and social objectives.
Fund Exposure
The fund is exposed to a combination of positive selection of issuers based on ESG criteria, exclusion of issuers detrimental to sustainability objectives, and investment in green bonds. Issuers are selected based on their ESG ranking and human, social, natural, and economic capital management. The fund's benchmark is the iBoxx EUR Overall (Total Return) index, measuring the performance of investment-grade EUR-denominated bonds.
Risks
Investors should be aware of credit risk, as the fund is exposed to the risk of default of an issuer in terms of honoring the payment of coupons and/or the repayment of the amount borrowed. Additionally, the fund may avoid certain issuers due to poor ESG quality, which could result in short-term market trends causing such issuers to outperform more sustainable ones.