Fixed Income Boutique Swiss Bonds

Vontobel Fund (CH) - Sustainable Bond CHF Concept

ISIN
CH0229324717
Valor
22932471

Fund strategy

Investment objective

This bond fund aims to generate steady income and achieve above-average investment returns over a full economic cycle, while considering specific sustainability criteria and respecting risk diversification.


Key features

The fund invests worldwide mainly in bonds denominated in Swiss francs with various maturities of diverse public and private issuers of good quality (investment grade). The fund may have limited exposure to such bonds denominated in other currencies.The fund uses derivative financial instruments both for hedging purposes and to take outright market positions.


Approach

The agile investment specialist team has a long-standing experience and strong track record in Swiss-franc bond investing. They take high-conviction decisions based on in-depth macro-economic, relative-value and issuer analyses. They use a proprietary model to define a best-in-class investment universe excluding issuers that do not meet specific environmental, social and governance criteria. The team continuously evaluates inefficiencies across global markets to identify the most remunerating opportunities. While their focus is on risk/reward optimization, the team actively adapts the portfolio striving to participate in favorable markets and keep the fund's vulnerability low in unfavorable markets.

105.15
NAV
-0.44%
Performance YTD
3 stars
As at Aug 10 2020 As of Jun 30 2020

All data is as at Jun 30 2020 unless otherwise indicated.

Daily Performance

Periodic Performance

1M YTD 3Y 5Y SI
S CHF 0.4% -1.4% 0.6% 0.7% 10.5%
Index 0.2% -0.5% 1.0% 1.0% 12.7%

Rolling Performance

Jul 01 2015 - Jun 30 2016 Jul 01 2016 - Jun 30 2017 Jul 01 2017 - Jun 30 2018 Jul 01 2018 - Jun 30 2019 Jul 01 2019 - Jun 30 2020
S CHF 4.4% -2.6% -0.2% 3.5% -1.4%
Index 4.7% -2.8% -0.1% 3.9% -0.6%

Annual Performance

Past performance is not a reliable indicator of current or future performance. Performance data does not take into account any commissions and costs charged when shares of the fund are issued and redeemed, if applicable. The return of the fund may go down as well as up due to changes in rates of exchange between currencies. The value of the money invested in the fund can increase or decrease and there is no guarantee that all or part of your invested capital can be redeemed.

All data is as at Aug 10 2020 unless otherwise indicated.

Fund data
Portfolio Manager Manfred Büchler
Fund Domicile Switzerland
Fund Currency CHF
Share Class Currency CHF
End of fiscal year 28 February
Index SBI Rating AAA-BBB (SBR14T)
Share Class Launch date Dec 11 2013
Distribution type Dist
Fund Registrations CH
Share Class Registrations CH
Nav Information
Highest since launch 109.59
Lowest since launch 99.51
Fund volume in mln. CHF 209.10
Share class volume in mln. CHF 114.34
Fees And Expenses
Management fee 0.00%
TER 0.21% (Feb 28 2020)
Identifiers
ISIN CH0229324717
Valor 22932471
Bloomberg NOTSBIZ SW
WKN A2DXAP
Parties
Depository RBC Investor Services Bank S.A.
Management Company Vontobel Fonds Services AG
Swiss Paying Agent Bank Vontobel AG , Raiffeisen Schweiz Genossenschaft St. Gallen

Available Share Classes

Share class Currency ISIN Distrib. Type Launch date Management fee TER TER Date
A CHF CH0229323123 Dist Retail Dec 11 2013 0.70% 0.81% Feb 28 2020
AN CHF CH0381682654 Dist Retail Dec 04 2017 0.20% 0.31% Feb 28 2020
IA CHF CH0259052691 Dist Institutional Oct 31 2014 0.20% 0.31% Feb 28 2020
S CHF CH0229324717 Dist Institutional Dec 11 2013 0.00% 0.21% Feb 28 2020
Click here to see an overview of our shareclass naming convention.

* TER includes performance fee where applicable

All data is as at Jun 30 2020 unless otherwise indicated.

Maturity Structure

Maturity Weighting
Cash 0.9%
up to 1 year 1.0%
1 - 3 years 14.5%
3 - 5 years 19.6%
5 - 7 years 16.7%
7 - 10 years 22.9%
10 years and more 24.4%

Major bond positions

Bond Allocation
1.5% Swiss Confederation Government Bond 2042 2.1%
3.25% Swiss Confederation Government Bond 2027 1.9%
0.25% Coop-Gruppe Genossenschaft 2022 1.8%
0% Swiss Confederation Government Bond 2039 1.5%
1 % Pfandbriefbank 2026 1.1%
1% LafargeHolcim Ltd 2024 1.1%
2.5% Swiss Confederation Government Bond 2036 1.1%
0.125% Emissionszentrale fuer Gemeinnuetzige Wohnbautraeger 1.0%
0.625% UBS Group Funding Switzerland AG 2024 1.0%
1% Coop-Gruppe Genossenschaft 2023 1.0%
Document Date DE EN FR IT
Factsheets & Commentaries
Factsheet Jun 2020
KIIDs
KIID Jul 2020
Legal Documents
Sales Prospectus Mar 2020
Financial Reports
Annual Report Feb 2020
Dividend Payout Jan 2019
Final Report Oct 2018
Semi-Annual Report Aug 2019
Dealing Information
Holiday Calendar 2020 Jan 2020
List of Active Retail Share Classes Dec 2018
Policies
Shareclass Naming Convention Nov 2019
  • 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

  • There is no guarantee that all sustainability criteria will always be met for every investment. Negative impact on subfund's performance possible due to pursuing sustainable economic activity rather than a conventional investment policy

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