ODDO BHF Euro Credit Short Duration CN-USDH
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General Objective
The fund seeks to provide a high level of income and capital growth by primarily investing in corporate bonds denominated in Euro with a rating of at least B3 or B- and a maximum residual maturity of 4 years. A minimum of 20% of the assets will be invested in sub-investment grade bonds (High Yield).
Fund Exposure
The fund is exposed to the fixed income asset class, specifically credit with a short duration. It primarily invests in corporate bonds denominated in Euro, with issuers mainly from countries with investment-grade ratings. The sector breakdown includes telecommunications, automobile & parts, travel & leisure, and health care.
Risks
The fund carries risks associated with investing in corporate bonds, including credit risk, interest rate risk, and issuer-specific risks. Additionally, there is a risk associated with investing in sub-investment grade bonds (High Yield), which may be more volatile and subject to higher default rates.