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AB SICAV I-Euro High Yield Portfolio A2 EUR

Ranked 5 out of 22 in - Euro High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Gershon Distenfeld

Gershon Distenfeld was born in 1975 in New York. He holds BA in finance from the Sy Syms School of Business at Yeshiva University in New York and is a CFA Charterholder. He started his career in July 1997 at Lehman Brothers as an emerging markets operations analyst, and in May 1998 joined Alliance Bernstein as a high yield trader. He then started managing high yield portfolios and is currently director of high yield. Outside of work, Gershon enjoys golf, backgammon and American football.

Jorgen Kjaersgaard

Jørgen Kjærsgaard is head of European credit at Alliance Bernstein. He serves as portfolio manager for European Credit and heads the UK & Euro, High-Yield and Investment-Grade Credit portfolio-management teams. Prior to joining the firm in 2007, Jørgen was executive director for structured credit solutions at Rabobank. He holds a BSc in Business Administration and an MBSc in Finance from the Aarhus School of Business at Aarhus University.

William Smith

Objective

The investment objective of the Portfolio is to produce high total return through a combination of income and capital appreciation. The Investment Manager expects that, at any time, no less than 50% of the Portfolio's net assets will be invested in corporate high yield debt obligations rated below Investment Grade debt (at time of purchase), and, at least two-thirds of the Portfolio's net assets will be invested in a combination of these below Investment Grade debt securities and those Investment Grade debt securities the Investment Manager deems to possess desirable high yielding characteristics and/or potential for high overall total return (at time of purchase).

Showing fund performance in Belgium View performance globally

Performance

Euro High Yield over : 30/04/2017 - 30/04/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -1.2%
2017 7.2% 1.8% 2.7% 1.5% 0.9%
2016 9.0% 2.7% 0.9% 3.0% 2.1%
2015 -1.0% 2.8% -1.5% -3.2% 1.0%
2014 3.7% 2.6% 1.9% -1.5% 0.8%
2013 10.2% 1.3% 0.2% 4.0% 4.4%
2012 28.8% 12.8% -1.5% 8.4% 6.9%
2011 -4.2% 4.1% 0.0% -11.6% 4.0%
2010 -3.6% 9.3% 0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Finland
  5. France
  6. Germany
  7. Hong Kong
  8. Iceland
  9. Italy
  10. Korea
  11. Luxembourg
  12. Macau
  13. Netherlands
  14. Norway
  15. Singapore
  16. Spain
  17. Sweden
  18. Switzerland
  19. Taiwan
  20. United Kingdom

Fund Info

  • Launch date15/03/2010
  • Share Class size05Mn
  • Base currencyEUR
  • ISIN LU0496384180

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management1.20%
  • Initial investment1.2

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).