This bond fund aims to achieve a positive absolute return over a period of three years by keeping a modest level of volatility, while respecting risk diversification.
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.
The experienced and diverse investment team takes high-conviction decisions based on rigorous macro-economic, technical and issuer analyses. In line with their continuous assessment of market conditions and future developments, the team allocates interest-rate and credit risks with the aim to benefit from any market environment. They select those securities and instruments within the investment universe in which they see the most rewarding yield and/or hedging values. The team actively adapts the portfolio to invest in attractive opportunities whenever they occur while keeping risks under control.
A short term bond fund that targets the very best risk-adjusted returns within fixed income while keeping volatility to a minimum.
The Vontobel Fund - TwentyFour Absolute Return Credit Fund (ARC) is an actively managed short term bond fund that aims to deliver steady returns in any market environment. With strict risk parameters and a focus on short dated investment grade bonds, ARC aims to capture nearly all the returns of higher risk strategies but with a fraction of the drawdowns expected in tougher market conditions.
All data is as at 30 Nov 2024 unless otherwise indicated.
| 1M | YTD | 1Y | 3 yrs p.a. | 5 yrs p.a. | Since Inception | |
|---|---|---|---|---|---|---|
| AQN GBP | 0.7% | 5.5% | 7.0% | 2.0% | 1.8% | 24.3% |
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| AQN GBP | 5.9% | -5.0% | 0.3% | 2.3% | 4.8% | -1.0% | 5.1% | 4.9% | NA | NA |
All data is as at 19 Dec 2024 unless otherwise indicated.
| Portfolio Manager | TwentyFour Asset Management LLP |
|---|---|
| Fund Domicile | Luxembourg |
| Fund Currency | GBP |
| Share Class Currency | GBP |
| Risk Level | 3.00 (7 Oct 2024) |
| Year End | 31 August |
| Share Class Launch date | 18 Dec 2015 |
| Distribution Type | Distributing |
| Last distribution | 1.01 (23 Sep 2024) |
| SFDR Classification | Article 8 |
| Fund Registrations | AT, CH, DE, ES, FI, FR, GB, IE, IT, LI, LU, NL, NO, PT, SE, SG |
| Share Class Registrations | CH, GB, IE, LU, SG |
| Highest since launch | 109.82 |
|---|---|
| Lowest since launch | 98.09 |
| Fund size in mln. | GBP 3,216.60 |
| Share class size in mln. | GBP 67.47 |
| Management fee | 0.40% |
|---|---|
| TER* | 0.55% (29 Feb 2024) |
| OCF | 0.55% (29 Feb 2024) |
| ISIN | LU1331789377 |
|---|---|
| Valor | 30670273 |
| Bloomberg | VTAAQNG LX |
| SEDOL | BYY3BD2 |
| WKN | A2DXBG |
| Depository | State Street Bank International GmbH (Luxembourg Branch) |
|---|---|
| Management Company | Vontobel Asset Management SA, Luxembourg |
| Swiss Paying Agent | Bank Vontobel AG |
| Swiss Representative | Vontobel Fonds Services AG |
| Share class | Currency | ISIN | Distrib. | Type | Launch date | Management fee | TER* | OCF |
|---|---|---|---|---|---|---|---|---|
| AHN (hedged) | CHF | LU1734078154 | Distributing | Retail | 11 Dec 2017 | 0.40% | 0.61% (29 Feb 2024) | 0.58% (7 Oct 2024) |
| AHN (hedged) | EUR | LU1683487620 | Distributing | Retail | 12 Oct 2017 | 0.40% | 0.61% (29 Feb 2024) | 0.58% (7 Oct 2024) |
| AI | GBP | LU1267852249 | Distributing | Institutional | 28 Aug 2015 | 0.40% | 0.51% (29 Feb 2024) | 0.51% (29 Feb 2024) |
| AQG | GBP | LU1530788402 | Distributing | Institutional | 5 Dec 2016 | 0.25% | 0.36% (29 Feb 2024) | 0.36% (29 Feb 2024) |
| AQHG (hedged) | USD | LU1767065979 | Distributing | Institutional | 16 Feb 2018 | 0.25% | 0.42% (29 Feb 2024) | 0.39% (7 Oct 2024) |
| AQHG (hedged) | EUR | LU1530788238 | Distributing | Institutional | 5 Dec 2016 | 0.25% | 0.42% (29 Feb 2024) | 0.39% (7 Oct 2024) |
| AQHN (hedged) | EUR | LU1331789450 | Distributing | Retail | 18 Dec 2015 | 0.40% | 0.61% (29 Feb 2024) | 0.58% (7 Oct 2024) |
| AQHNG (hedged) | USD | LU1410502493 | Distributing | Retail | 18 May 2016 | 0.25% | 0.46% (29 Feb 2024) | 0.43% (7 Oct 2024) |
| AQN | GBP | LU1331789377 | Distributing | Retail | 18 Dec 2015 | 0.40% | 0.55% (29 Feb 2024) | 0.55% (29 Feb 2024) |
| AQNG | GBP | LU1368730674 | Distributing | Retail | 26 Feb 2016 | 0.25% | 0.40% (29 Feb 2024) | 0.40% (29 Feb 2024) |
| G | GBP | LU1273680238 | Accumulating | Institutional | 28 Aug 2015 | 0.25% | 0.36% (29 Feb 2024) | 0.36% (29 Feb 2024) |
| HG (hedged) | CHF | LU2419361550 | Accumulating | Institutional | 13 Jan 2022 | 0.25% | 0.42% (29 Feb 2024) | 0.39% (7 Oct 2024) |
| HG (hedged) | EUR | LU1925065655 | Accumulating | Institutional | 8 Jan 2019 | 0.25% | 0.42% (29 Feb 2024) | 0.39% (7 Oct 2024) |
| HI (hedged) | CHF | LU1599320444 | Accumulating | Institutional | 25 Apr 2017 | 0.40% | 0.57% (29 Feb 2024) | 0.54% (7 Oct 2024) |
| HN (hedged) | EUR | LU1734078238 | Accumulating | Retail | 11 Dec 2017 | 0.40% | 0.61% (29 Feb 2024) | 0.58% (7 Oct 2024) |
| HN (hedged) | CHF | LU2270707495 | Accumulating | Retail | 17 Dec 2020 | 0.40% | 0.61% (29 Feb 2024) | 0.58% (7 Oct 2024) |
| HN (hedged) | USD | LU1767066357 | Accumulating | Retail | 9 Feb 2018 | 0.40% | 0.61% (29 Feb 2024) | 0.58% (7 Oct 2024) |
| I | GBP | LU1267852082 | Accumulating | Institutional | 28 Aug 2015 | 0.40% | 0.51% (29 Feb 2024) | 0.51% (29 Feb 2024) |
| N | GBP | LU1267852595 | Accumulating | Retail | 28 Aug 2015 | 0.40% | 0.55% (29 Feb 2024) | 0.55% (29 Feb 2024) |
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
* TER includes performance fee where applicable
All data is as at 30 Nov 2024 unless otherwise indicated.
| Maturity | Weighting | |
|---|---|---|
| 0 - 1 yr | 27.7% | |
| 1 yr - 3 yr | 37.3% | |
| 3 yr - 5 yr | 34.5% | |
| 5 yr - 7 yr | % | |
| Cash & Equiv | 0.6% |
View all documents View latest documents
| Document | Date | EN |
|---|---|---|
| Factsheets & Commentaries | ||
| Factsheet | Nov 2024 | |
| Monthly Commentary | Nov 2024 | |
| UCITS KIIDs | ||
| Key Investor Information Document (KIID) | Oct 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 | Dec 2024 | |
| Notification to Investors | Oct 2024 | |
| Notification to Investors | Sep 2024 | |
| 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 | Oct 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 | Mar 2024 | |
| Financial Reports | ||
| Annual Distribution | Nov 2024 | |
| Annual Report | Aug 2024 | |
| Distribution Dates | Jan 2024 | |
| Quarterly Distribution | Sep 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 | |
| Holiday Calendar 2025 | Jan 2025 | |
| Order Subscription Form | Oct 2024 | |
| Policies | ||
| Sanctioned Countries | Oct 2022 | |
| Shareclass Naming Convention | Jan 2022 | |
RISKS
Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.
Limited participation in the potential of single securities
Success of single security analysis and active management cannot be guaranteed
It cannot be guaranteed that the investor will recover the capital invested
Derivatives entail risks relating to liquidity, leverage and credit fluctuations, illiquidity and volatility
Interest rates may vary, bonds suffer price declines on rising interest rates
High-yield bonds (non-investment-grade bonds/junk bonds) may be subject to greater market fluctuations, risk of default or loss of income and principal than higher-rated bonds
Information on how environmental and social objectives are achieved and how sustainability risks are managed in this Fund may be obtained from here.
Morningstar rating: © 2024 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
