Vontobel Fund - TwentyFour Absolute Return Credit Fund N GBP
ISIN LU1267852595 / Valor 29030838
Vontobel Fund - TwentyFour Absolute Return Credit Fund N GBP
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General Objective
The fund aims to achieve a positive absolute return over a period of three years by maintaining a modest level of volatility and respecting risk diversification.
Fund Exposure
The fund can invest worldwide, with a focus on Europe, in corporate bonds and similar fixed-interest and floating-rate securities in various currencies of diverse issuers of good quality (investment grade). The fund can use derivative financial instruments for hedging purposes.
Risks
Risks associated with this fund include lower credit quality of securities leading to potential issuer default, leverage and valuation risks from derivative use, intransparency and credit/prepayment risks of asset-backed securities, risks associated with CoCo-Bonds, and sustainability risks that may impact performance positively or negatively.
Source
https://am.vontobel.com/de/view/LU1267852082/vontobel-fund-twentyfour-absolute-return-credit-fund
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