Vontobel Fund (CH) - Sustainable Bond CHF

Fixed Income Boutique Swiss Bonds
ISIN
CH1525123183
Valor
152512318
99.27
NAV
As at 27 Aug 2026
-
Performance YTD

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.


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.

Insights

Fixed Income Boutique
2026-07_Beneath-the-hawkish-headlines_teaser.jpg
Fixed Income Quarterly

Beneath the hawkish headlines: What’s next for the European Central Bank, Federal Reserve, and Bank of Japan?

The closure of the Strait of Hormuz reignited inflation concerns and prompted major central banks into a more hawkish stance. While inflation has risen, we believe the shock is temporary, making further ECB and Fed tightening unlikely. An additional hike from the BoJ is likely, in our view, but it risks moving too slowly.
Read more
Fixed Income Boutique
2026-05_global-credit-outlook-for-2026-navigating-credit-markets_teaser.jpg
Outlook

Global Credit Outlook for Summer 2026: Navigating credit markets

As we head into the summer, credit markets are navigating an increasingly complex landscape. Inflation pressures are building up - particularly in Europe - while central banks are diverging in their policy responses, with most preparing for tighter monetary policy. Meanwhile, recent market volatility has created dispersion across sectors and rating categories, opening doors for active managers.
Read more
According to the EU’s Markets in Financial Instruments Directive (MiFID) and its implementation in national law, performance information may only be shown to clients if it covers a period of at least 12 months.

All data is as at 27 Aug 2026 unless otherwise indicated.

Fund data
Portfolio Manager Gregor Kapferer
Fund Domicile Switzerland
Fund Currency CHF
Share Class Currency CHF
Year End 28 February
Benchmark SBI Rating AAA-BBB (SBR14T)
Share Class Launch Date 2 Mar 2026
Distribution Type Accumulating
Min. Subscription (Fund Currency) 50,000,000.00
Swing Pricing Eligible No
Fund Registrations CH
Share Class Registrations CH
Nav Information
Highest since launch 100.00
Lowest since launch 97.73
Fund size in mln. CHF 448.09
Share class size in mln. CHF 0.00
Fees And Expenses
Management Fee 0.13%
Max Management Fee 0.45%
OCF 0.20% (2 Mar 2026)
Identifiers
ISIN CH1525123183
Valor 152512318
Bloomberg VOFCSBC SW
WKN A42312
Parties
Investment Manager Vontobel Asset Management AG, Zürich
Depositary State Street Bank International GmbH, Munich, Zurich Branch
Management Company Vontobel Fonds Services AG, Zürich
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*
A CHF CH0229323123 Distributing Retail 11 Dec 2013 0.49% 0.62% (28 Feb 2026)
AI CHF CH0259052691 Distributing Institutional 31 Oct 2014 0.17% 0.30% (28 Feb 2026)
AN CHF CH0381682654 Distributing Retail 4 Dec 2017 0.17% 0.30% (28 Feb 2026)
G CHF CH1525123183 Accumulating Institutional 2 Mar 2026 0.13% -
S CHF CH0229324717 Distributing Institutional 11 Dec 2013 0.00% 0.07% (28 Feb 2026)
VE CHF CH1492505313 Accumulating Retail 11 Nov 2025 0.06% 0.13% (28 Feb 2026)

Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.

* TER includes performance fee where applicable

All data is as at 31 Jul 2026 unless otherwise indicated.

Rating Structure

Major bond positions

Bond Allocation
0.5% Swiss Conf 27.06.2032 Reg-S Senior 1.6%
0% Swiss Conf 24.07.2039 Reg-S Senior 1.1%
0.875% Swiss Conf 22.05.2047 Reg-S 0.9%
1.5% Swiss Conf 26.10.2038 Reg-S Senior 0.9%
2.5% Swiss Conf 08.03.2036 Senior 0.8%
0% Swiss Conf 26.06.2034 Reg-S Senior 0.8%
1% Pfandbriefzentrale 12.10.2037 Senior 0.7%
1.875% Pfandbriefbank 15.09.2031 Senior 0.7%
0.875% Pfandbriefbank 20.10.2034 Senior 0.7%
1.1525% Lbk Hessen-Thuering 04.08.2036 Senior 0.7%
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Document Date DE EN ES FR IT
Factsheets & Commentaries
Factsheet Jul 2026
Factsheet Jun 2026
Factsheet May 2026
Factsheet Apr 2026
Factsheet Mar 2026
View more Factsheets & Commentaries View less Factsheets & Commentaries
PRIIPs KIDs
Key Information Document (KID) Jul 2026
Legal Documents
Sales Prospectus Apr 2026
Sustainability Related Disclosures
Exclusion Framework Jan 2026
Swiss Climate Scores Jul 2026
Financial Reports
Annual Report Feb 2026
Semi-Annual Report Aug 2025
Dealing Information
Holiday Calendar 2026 Jan 2026
List of Active Retail Share Classes Jan 2025
Policies
Shareclass Naming Convention Jan 2026

RISKS

Subject to change, without notice, only the current prospectus or comparable document of the fund is legally binding.

  • 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

Neither the Sub-Fund, nor the Management Company nor the Investment Manager make any representation or warranty, express or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of an assessment of ESG research and the correct execution of the ESG strategy.

Any index or supporting data referred to is the intellectual property (including registered trademarks) of the applicable licensor. Any product based on an index is in no way sponsored, endorsed, sold or promoted by the applicable licensor and it shall not have any liability with respect thereto. Refer to vontobel.com/terms-of-licenses for more details.

Morningstar rating: © 2026 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.