The fund aims to achieve good investment returns in EUR while aiming to keep a low level of volatility.
The fund can invest worldwide, with a focus on Europe, in corporate bonds and similar fixed-interest and floating-rate securities in various currencies of diverse issuers of good quality (investment grade). The fund can use derivative financial instruments for hedging purposes.
The fund is actively managed and will seek to achieve its investment objective by investing mainly in Investment Grade bonds and similar fixed income and floating rate securities. The fund's assets are invested mainly in debt instruments such as bonds, notes and similar fixed-income and variable-rate transferable securities, including CoCos (contingent convertible bonds), ABS (asset-backed securities) or MBS (mortgage-backed securities) denominated in EUR and issued worldwide (including emerging markets) by public and/or private borrowers and short-term debt. The investments shall be made in a broad range of rating categories, including the high yield sector.
A short-term bond fund that targets strong risk-adjusted returns within fixed income while keeping a modest level of volatility.
The Vontobel Fund - TwentyFour Euro Short Term Bond is an actively managed short-term bond fund that aims to achieve good investment returns while aiming to keep a low level of volatility. With strict risk parameters and a focus on short-dated investment grade bonds, The fund aims to capture nearly all the returns of higher risk strategies but with a fraction of the drawdowns expected in tougher market conditions.
The fund aims to achieve good investment returns in EUR while aiming to keep a low level of volatility.
All data is as at 31 Mar 2026 unless otherwise indicated.
| 1M | YTD | 1Y | 3 yrs p.a. | 5 yrs p.a. | Since Inception | |
|---|---|---|---|---|---|---|
| I EUR | -1.4% | -0.8% | 0.9% | 2.9% | 1.1% | 8.4% |
| Index | -1.0% | -0.4% | 1.5% | 3.0% | 0.9% | 4.7% |
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| I EUR | 2.4% | 3.5% | 4.7% | -4.3% | 0.5% | 0.8% | 2.0% | -0.7% | NA | NA |
| Index | 2.6% | 3.7% | 4.0% | -5.0% | -0.5% | 0.2% | 0.4% | -0.2% | NA | NA |
| Portfolio | Index | |||
|---|---|---|---|---|
| Volatility | 1.3% | 1.4% | ||
| Sharpe Ratio | negative | |||
| Credit duration | 1.9 | |||
| Average Rating | A | |||
| Yield To Maturity | 3.5% | |||
| [3 years annualized] | ||||
All data is as at 15 May 2026 unless otherwise indicated.
| Portfolio Manager | TwentyFour Asset Management LLP |
|---|---|
| Fund Domicile | Luxembourg |
| Fund Currency | EUR |
| Share Class Currency | EUR |
| Year End | 31 August |
| Index | ICE BofA 1-3 Year Euro Broad Market Index |
| Share Class Launch Date | 7 Jan 2009 |
| Distribution Type | Accumulating |
| Swing Pricing Eligible | Yes |
| SFDR Classification | Article 8 |
| Fund Registrations | AT, CH, DE, DK, ES, FI, FR, GB, IT, LI, LU, NL, NO, PT, SE, SG |
| Share Class Registrations | AT, CH, DE, DK, ES, FI, IT, LI, LU, NO, SE, SG |
| Highest since launch | 123.19 |
|---|---|
| Lowest since launch | 98.49 |
| Fund size in mln. | EUR 107.01 |
| Share class size in mln. | EUR 13.83 |
| Management Fee | 0.27% |
|---|---|
| Max Management Fee | 0.27% |
| TER* | 0.43% (28 Feb 2026) |
| OCF | 0.43% (28 Feb 2026) |
| Luxembourg Taxe d Abonnement | 0.01% |
| ISIN | LU0278091037 |
|---|---|
| Ticker | VOEUMYI |
| CUSIP | L9679E693 |
| Valor | 2870738 |
| Bloomberg | VOEUMYI LX |
| WKN | A0MKVH |
| Investment Manager | TwentyFour Asset Management LLP, London |
|---|---|
| Depositary | State Street Bank International GmbH (Luxembourg Branch) |
| Management Company | Vontobel Asset Management SA, Luxembourg |
| Swiss Paying Agent | Bank Vontobel AG |
| Swiss Representative | Vontobel Fonds Services AG |
| Share class | Currency | ISIN | Distrib. | Type | Launch date | Management Fee | TER* |
|---|---|---|---|---|---|---|---|
| A | EUR | LU0120688915 | Distributing | Retail | 24 Oct 2000 | 0.55% | 0.75% (28 Feb 2026) |
| AN | EUR | LU1683489758 | Distributing | Retail | 13 Oct 2017 | 0.27% | 0.47% (28 Feb 2026) |
| B | EUR | LU0120689640 | Accumulating | Retail | 24 Oct 2000 | 0.55% | 0.75% (28 Feb 2026) |
| C | EUR | LU0137009238 | Accumulating | Retail | 16 Jul 2007 | 0.75% | 0.95% (28 Feb 2026) |
| E | EUR | LU3254304275 | Accumulating | Institutional | 8 Jan 2026 | 0.15% | 0.31% (28 Feb 2026) |
| HE (hedged) | CHF | LU3254304432 | Accumulating | Institutional | 8 Jan 2026 | 0.15% | 0.34% (28 Feb 2026) |
| HN (hedged) | CHF | LU2459048190 | Accumulating | Retail | 9 Jun 2022 | 0.27% | 0.50% (28 Feb 2026) |
| HNG (hedged) | CHF | LU2061945882 | Accumulating | Retail | 28 Oct 2019 | 0.15% | 0.38% (28 Feb 2026) |
| I | EUR | LU0278091037 | Accumulating | Institutional | 7 Jan 2009 | 0.27% | 0.43% (28 Feb 2026) |
| N | EUR | LU1683481854 | Accumulating | Retail | 2 Oct 2017 | 0.27% | 0.47% (28 Feb 2026) |
| NG | EUR | LU1650589689 | Accumulating | Retail | 4 Aug 2017 | 0.15% | 0.35% (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 Mar 2026 unless otherwise indicated.
| Maturity | Weighting | |
|---|---|---|
| Cash & Equiv | 1.2% | |
| 0 - 1 yrs | 11.9% | |
| 1 - 3 yrs | 55.7% | |
| 3 - 5 yrs | 31.2% |
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| Document | Date | DE | EN | ES | FR | IT |
|---|---|---|---|---|---|---|
| Factsheets & Commentaries | ||||||
| Factsheet | Apr 2026 | |||||
| Factsheet | Mar 2026 | |||||
| Factsheet | Feb 2026 | |||||
| Factsheet | Jan 2026 | |||||
| Factsheet | Dec 2025 | |||||
| Factsheet | Nov 2025 | |||||
| Factsheet | Oct 2025 | |||||
| Factsheet | Sep 2025 | |||||
| Factsheet | Aug 2025 | |||||
| Factsheet | Jul 2025 | |||||
| Factsheet | Jun 2025 | |||||
| Factsheet | May 2025 | |||||
| Factsheet | Apr 2025 | |||||
| Factsheet | Mar 2025 | |||||
| Factsheet | Feb 2025 | |||||
| Factsheet | Jan 2025 | |||||
| Factsheet | Dec 2024 | |||||
| Factsheet | Nov 2024 | |||||
| Quarterly Commentary | Dec 2025 | |||||
| View more Factsheets & Commentaries View less Factsheets & Commentaries | ||||||
| PRIIPs KIDs | ||||||
| Key Information Document (KID) | Jan 2026 | |||||
| Legal Documents | ||||||
| AGM EGM invitation | Jan 2026 | |||||
| Articles of Association | Apr 2016 | |||||
| Notification to Investors | Dec 2025 | |||||
| Notification to Investors | Aug 2025 | |||||
| Notification to Investors | Apr 2025 | |||||
| Notification to Investors | Dec 2024 | |||||
| Notification to Investors | Oct 2024 | |||||
| Notification to Investors | Sep 2024 | |||||
| Notification to Investors | Jun 2024 | |||||
| Notification to Investors | Dec 2023 | |||||
| Notification to Investors | May 2023 | |||||
| Notification to Investors | Nov 2022 | |||||
| Notification to Investors | Jan 2022 | |||||
| Notification to Investors | Sep 2021 | |||||
| Notification to Investors | Jul 2021 | |||||
| Notification to Investors | May 2021 | |||||
| Notification to Investors | Mar 2021 | |||||
| Notification to Investors | Feb 2021 | |||||
| Notification to Investors | Apr 2020 | |||||
| Notification to Investors | Nov 2019 | |||||
| Sales Prospectus | Jan 2026 | |||||
| View more Legal Documents View less Legal Documents | ||||||
| Sustainability Related Disclosures | ||||||
| Exclusion Framework | Jan 2026 | |||||
| Periodic Disclosure | Aug 2025 | |||||
| Pre-contractual Disclosure | Jan 2026 | |||||
| Statement on principal adverse impacts of investment decisions on sustainability factors | Jun 2025 | |||||
| Sustainability Related Disclosures | Jan 2026 | |||||
| Swiss Climate Scores | Apr 2026 | |||||
| Financial Reports | ||||||
| Annual Distribution | Nov 2025 | |||||
| Annual Distribution | Nov 2024 | |||||
| Annual Report | Aug 2025 | |||||
| Distribution Dates | Jan 2026 | |||||
| Quarterly Distribution | Mar 2026 | |||||
| Quarterly Distribution | Dec 2025 | |||||
| Quarterly Distribution | Sep 2025 | |||||
| Quarterly Distribution | Jun 2025 | |||||
| Quarterly Distribution | Mar 2025 | |||||
| Quarterly Distribution | Dec 2024 | |||||
| Quarterly Distribution | Sep 2024 | |||||
| Quarterly Distribution | Jun 2024 | |||||
| Quarterly Distribution | Mar 2024 | |||||
| Semi-Annual Report | Feb 2025 | |||||
| Semi Annual Distribution | Apr 2026 | |||||
| Semi Annual Distribution | Apr 2025 | |||||
| Semi Annual Distribution | Apr 2024 | |||||
| Semi Annual Distribution | Apr 2023 | |||||
| View more Financial Reports View less Financial Reports | ||||||
| Dealing Information | ||||||
| Holiday Calendar 2026 | Jan 2026 | |||||
| List of Active Retail Share Classes | Jan 2025 | |||||
| Policies | ||||||
| Sanctioned Countries | Oct 2022 | |||||
| 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
Investment universe may involve investments in countries where the local capital markets may not yet qualify as recognised capital market
Investments in foreign currencies are subject to currency fluctuations
Information on how sustainable investment objectives are achieved and how sustainability risks are managed in this Sub-Fund may be obtained here.
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.