Active European Credit

Monthly Letter October 2021
Monthly Letters Archive

KIIDS

The investment objective of this sub-fund is to deliver a net return above money market rates over its investment horizon, investing in a concentrated portfolio of mainly corporate bonds, without any rating and duration constraints.

PERFORMANCE OF THE SUB-FUND:


Total return
2014
4.3%
2015
2.87%
2016
3.4%
2017
4.35%
2018
-3.59%
2019
6.78%
2020
3.99%
2021
1.54%

PERFORMANCE STATISTICS AS OF 30/11/2021

NAV: 1749.460
MTD: -0.568%
QTD: -1.202%
YTD: 1.54%

KEY FEATURES:

Investment Manager: Compass Asset Management SA
Inception date: November 2003
Liquidity: Daily
Minimum subscription: Euro 1,000
Minimum subsequent subscription: Euro 100
Fees: Initial fee: Max 0-3%
Exit fee: 0.00%
Management fee cl. A: 1.50%
Management fee cl. B: 1.70%
Management fee cl. D: 1.80%
Management fee cl. M: 0.95%
Performance fee: 10%
Bloomberg: Class A: COMFLEX LX
Class B: COMFLXB LX
Class M: COMBORM LX
Isin code: Class A: LU0178938824
Class B: LU0178939392
Class M: LU0334387965
Class D: LU0520492454