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AB SICAV I-US High Yield Portfolio A2 EUR H

Ranked 17 out of 31 in - US Dollar 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.

Sherif M. Hamid

Ashish Shah

Ashish Shah is currently located in New York. He joined Alliance Bernstein in 2010 and oversees the firm’s Global Credit strategies. Previously, he was a managing director and head of Global Credit Strategy at Barclays Capital, where he was responsible for the High Grade, High Yield, Structured Credit and Municipal Strategy Groups, and the Special Situations Research team. Prior to that, Shah served as the head of Credit Strategy at Lehman Brothers, heading the Structured Credit/CDO and Credit Strategy Groups and covering the cash bond, credit derivatives and CDO product areas for global credit investors. Before that, he served as North American CFO at Level 3 Communications from 1999 to 2000 and gained trading experience at Soros submanager Blue Border Partners and Bankers Trust, where he ran US equity arbitrage from 1994 to 1999. Shah holds a BS in economics from the Wharton School, University of Pennsylvania.

Objective

The Portfolio's investment objective is to achieve high risk-adjusted returns. In seeking to achieve its objective, under normal market conditions, the Investment Manager expects to maintain at least 80% of the Portfolio’s net assets exposed to US corporate issuers and at least 2/3 of the Portfolio’s net assets in high yield debt and related derivatives. The Portfolio will limit its investment in non-USD denominated fixed income securities to 10% of its net assets.

Showing fund performance in Belgium View performance globally

Performance

US Dollar High Yield over : 31/10/2016 - 31/10/2017
  • Rank 17/31 Total Return
  • Rank 18/31 Standard Deviation
  • Rank 13/31 Max Drawdown
Fund Name Currency Return
15 PARVEST Bond USA High Yield CL H EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

5.0%

16 TCW Funds - Metwest High Yield Bond Fd AEHE Cap

Currency exposure is hedged

Currency exposure is hedged

EUR

4.7%

17 AB SICAV I-US High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

4.7%

18 Allianz US High Yield - AT (H2-EUR) - EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

4.5%

19 Muzinich Americayield Hedged EUR Acc R

Currency exposure is hedged

Currency exposure is hedged

EUR

4.2%

Fund Name Currency Risk
16 SKY Harbor GF US High Yield A h EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

17 Janus High Yield Fund A EUR Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

18 AB SICAV I-US High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

19 Federated High Income Advantage A EUR ACC

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

20 Aberdeen Global II - USD High Yld Bd A2 EUR Acc EUR

2.8

Fund Name Currency Loss
11 SKY Harbor GF US High Yield A h EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.5%

12 Nordea 1 - Low Duration US High Yield Bond HA EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

13 AB SICAV I-US High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

14 JPM US High Yield Plus Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

15 Allianz US High Yield - AT (H2-EUR) - EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.6%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.8% 0.7% 0.9%
2016 12.6% 2.7% 4.2% 3.9% 1.2%
2015 -5.3% 2.0% -0.7% -5.1% -1.5%
2014 2.1% 2.7% 1.8% -1.6% -0.7%
2013 6.6% 2.5% -1.3% 2.0% 3.3%
2012 1.1% 4.6% 2.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Finland
  4. France
  5. Germany
  6. Hong Kong
  7. Iceland
  8. Italy
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Singapore
  13. Sweden
  14. Switzerland

Fund Info

  • Launch date29/03/2012
  • Share Class size00Mn
  • Base currencyEUR
  • ISIN LU0759706251
  • Currency exposure is hedged

Purchase Info

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

Charges

  • Annual management1.20%

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