Multi Sector

Multi-Sector

Our Multi-Sector team aim to provide an attractive level of income and an opportunity for capital growth throughout the economic cycle.

TwentyFour’s Multi-Sector team aim to deliver superior risk-adjusted returns throughout the cycle and in doing so engage in an actively managed, high conviction, unconstrained approach. This allows the portfolio managers to target fixed income opportunities across the global universe of bonds, and dynamically adjust asset allocations to suit evolving economic conditions.

We manage strategies independent of any market indices and with a strong focus on relative value, looking to provide investors with an attractive level of income alongside opportunities for capital growth.

Our offering

2 funds available
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Vontobel Fund - TwentyFour Multi-Asset Credit Fund
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Flexible Bonds TwentyFour
Share class Currency ISIN Valor NAV YTD As at
AH (hedged) CHF LU3435382430 158479665 - - -
AHN (hedged) EUR LU3418742030 157931214 - - -
AHN (hedged) CHF LU3418741909 157930967 - - -
AHN (hedged) USD LU3418742113 157888819 - - -
AQG GBP LU2549760085 122680202 104.60 2.30% 28 Aug 2026
AQHG (hedged) USD LU2549759400 122678960 109.18 2.30% 28 Aug 2026
AQN GBP LU2549760242 122677863 104.99 2.16% 28 Aug 2026
AQNG GBP LU2549759749 122680200 103.54 2.27% 28 Aug 2026
H (hedged) CHF LU2549759822 122680201 107.44 -0.87% 28 Aug 2026
H (hedged) USD LU3435382356 158479053 - - -
HI (hedged) EUR LU2549761133 122677867 119.04 1.01% 28 Aug 2026
HI (hedged) CHF LU2549758774 122680418 109.93 -0.48% 28 Aug 2026
HN (hedged) CHF LU2549758691 122680416 109.78 -0.51% 28 Aug 2026
HN (hedged) USD LU2549759079 122677952 127.91 2.30% 28 Aug 2026
HN (hedged) EUR LU2549760911 122677865 118.80 1.01% 28 Aug 2026
HNG (hedged) CHF LU3435382513 158483067 - - -
HR (hedged) CHF LU2549758428 122680414 111.06 -0.24% 28 Aug 2026
N GBP LU2549760325 122677872 126.44 2.16% 28 Aug 2026
R GBP LU2549761646 122677870 128.06 2.40% 28 Aug 2026
Vontobel Fund - TwentyFour Strategic Income Fund
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Flexible Bonds TwentyFour
Share class Currency ISIN Valor NAV YTD As at
AH (hedged) USD LU1380459609 31903318 107.46 1.51% 28 Aug 2026
AH (hedged) CHF LU1380459435 31903272 80.34 -1.13% 28 Aug 2026
AH (hedged) EUR LU1380459518 31903287 89.09 0.37% 28 Aug 2026
AHI (hedged) EUR LU1325139290 30515147 85.22 0.80% 28 Aug 2026
AHN (hedged) CHF LU1683482407 38291774 76.65 -0.75% 28 Aug 2026
AHN (hedged) EUR LU1734078311 39472004 82.51 0.78% 28 Aug 2026
AMH (hedged) USD LU2219414112 56593356 87.96 1.53% 28 Aug 2026
AQ GBP LU1695534591 38576552 93.00 1.55% 28 Aug 2026
AQG GBP LU1322872018 30446345 96.03 2.07% 28 Aug 2026
AQH (hedged) Gross USD LU1695534674 38576554 87.42 1.46% 28 Aug 2026
AQH (hedged) Gross EUR LU1695534757 38576557 74.98 0.37% 28 Aug 2026
AQH (hedged) Gross SGD LU1695534914 38576564 78.65 -0.20% 28 Aug 2026
AQH (hedged) Gross HKD LU1695534831 38576560 80.90 0.58% 28 Aug 2026
AQH1 (hedged) USD LU1683478801 38288751 97.14 1.27% 28 Aug 2026
AQHC1 (hedged) USD LU1683479288 38291771 94.24 1.12% 28 Aug 2026
AQHG (hedged) EUR LU1816229899 41604558 85.03 0.91% 28 Aug 2026
AQHG (hedged) USD LU1816230046 41604564 99.34 2.03% 28 Aug 2026
AQHI (hedged) USD LU1331792082 30671527 105.13 1.98% 28 Aug 2026
AQHN (hedged) EUR LU1325135033 30514904 83.81 0.79% 28 Aug 2026
AQHNG (hedged) EUR LU1325134226 30514898 83.91 0.89% 28 Aug 2026
AQHNG (hedged) USD LU1451580523 33337877 104.49 2.05% 28 Aug 2026
AQN GBP LU1322871630 30445597 96.33 1.95% 28 Aug 2026
AQNG GBP LU1695534328 38576548 93.33 2.06% 28 Aug 2026
G GBP LU1322871713 30445634 154.19 2.08% 28 Aug 2026
H (hedged) CHF LU2270707065 58756767 94.80 -1.10% 28 Aug 2026
H (hedged) EUR LU1551754515 35380297 119.03 0.40% 28 Aug 2026
H (hedged) USD LU1695535135 38576584 134.93 1.46% 28 Aug 2026
H1 (hedged) USD LU1683479015 38291772 130.35 1.26% 28 Aug 2026
HC (hedged) EUR LU1706319271 38842506 109.00 0.14% 28 Aug 2026
HC1 (hedged) USD LU1683479106 38291773 128.65 1.12% 28 Aug 2026
HG (hedged) EUR LU1717117623 39078855 121.08 0.93% 28 Aug 2026
HG (hedged) USD LU1717117896 39078859 144.02 2.08% 28 Aug 2026
HI (hedged) EUR LU1325141510 30515149 132.01 0.80% 28 Aug 2026
HI (hedged) CHF LU1325143136 30515275 118.46 -0.72% 28 Aug 2026
HI (hedged) USD LU1325144027 30517180 161.64 1.96% 28 Aug 2026
HI (hedged) NOK LU1820067186 41686656 133.04 1.94% 28 Aug 2026
HN (hedged) CHF LU2270707149 58756768 97.95 -0.76% 28 Aug 2026
HN (hedged) USD LU1767066431 40236077 140.12 1.95% 28 Aug 2026
HN (hedged) EUR LU1734078584 39472006 118.66 0.78% 28 Aug 2026
HNG (hedged) CHF LU3043548281 143765737 102.56 -0.58% 28 Aug 2026
HNG (hedged) EUR LU1325133921 30514756 133.85 0.90% 28 Aug 2026
HNG (hedged) USD LU1695535051 38576583 144.44 2.06% 28 Aug 2026
HR (hedged) CHF LU1650589929 37575133 112.25 -0.50% 28 Aug 2026
HS (hedged) CHF LU2373412878 113134992 98.38 -0.29% 28 Aug 2026
I GBP LU1322871390 30445160 151.56 1.98% 28 Aug 2026
N GBP LU1322871556 30445263 150.99 1.95% 28 Aug 2026
NG GBP LU1322871986 30446217 153.48 2.05% 28 Aug 2026
UAQH1 (hedged) USD LU1933832625 45983224 100.91 1.87% 28 Aug 2026
UH1 (hedged) USD LU1809222539 41401397 139.35 1.87% 28 Aug 2026

What are Multi-Sector bonds?

There are estimated to be some $51 trillion of fixed income bonds outstanding worldwide, comprising multiple geographies, currencies, sectors and types of security.

Multi-Sector funds should be able to control risk and harness reward through both ‘top-down’ macro calls and ‘bottom-up’ stock selection.

At TwentyFour, we believe the biggest advantage of a Multi-Sector strategy for our clients is the outsourcing of these ‘big picture’ decisions to the portfolio managers, who can shift positioning quickly in response to continually evolving macro and market views.

Why invest?

  • Target attractive returns through steady income and capital gain opportunities
  • Strategies are predominantly long-only and simple to understand, with sparing use of hedging tools in response to specific macro events
  • A strong focus on the unwritten rule of fixed income – capital preservation at all times
  • Unconstrained approach to investing allows managers to tactically shift portfolio weightings, helping them to target relative value opportunities as economic and market conditions change
  • Added value through both ‘bottom-up’ stock selection as well as ‘top-down’ macro calls 

Insights