Evli European Investment Grade B
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
General Objective
The fund aims to primarily invest in euro-denominated bonds issued by European companies and banks, focusing on higher-credit-rated (investment grade) bonds. The average credit rating of the investments is Baa3/BBB- or higher, with a maximum of 15% of assets invested in unrated securities.
Fund Exposure
The fund's exposure is mainly in European corporate and bank bonds, with a focus on investment grade securities. The fund's investment style is active, not following the benchmark index, and may invest in derivatives for hedging purposes. The fund excludes investments in companies involved in controversial weapons, tobacco, alcohol, gambling, adult entertainment, weapons, and fossil fuels.
Risks
The fund's performance may deviate from the benchmark index due to active portfolio management. Variations in credit risk pricing and interest rate levels can significantly impact the fund's performance. Additionally, the fund's duration of investment instruments may diverge from the benchmark index by +/- 3 years. It is recommended for investors with a long-term investment horizon, as it may not be suitable for those planning to withdraw their money within 3 years.