Defensive Bond Opp. 2026
Fund objective: Defensive Bond Opp. 2026 is to achieve, for institutional units denominated in euros, a performance net of fees that exceeds the performance of German government bonds maturing in 2026 and denominated in EUR over the recommended investment period until maturity on December 31, 2026.Inception date: 9th December 2022
Portfolio management: The fund is managed with a maturity date of December 31, 2026. The management is based above all on an in-depth fundamental analysis of corporate bonds, mainly of Investment Grade quality. It aims to build a robust and diversified allocation from individual securities selected for their own merits. The fund is actively managed but does not seek to capture short-term market movements. It is expected that the sensitivity of the portfolio will decrease over time.
Main risks:
- Risk of capital loss.
- Credit risk. This is the potential risk that the issuer's rating be downgraded which may lead to a decrease in the price of the security and thus the fund's net asset value. Furthermore, subscribers should note that investments in low-rated or unrated securities generate higher credit risk.
- Interest rate risk.
The value of the investment may change in line with market fluctuations and investors may lose some or all of their initial investment, as the investment funds carry no capital guarantee.
Reporting & Documentation
(.pdf) | Monthly report | | Fund presentation |
| KID PRIIPS | | Prospectus |
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Performance & statistics
Date: 19/05/23| Class I1 - EUR | Class U1 - USD | Class K1 - CHF | |
| NAV: | 100.77 | 101.15 | 99.43 |
| YTD performance: | 1.55% | 2.28% | 0.81% |
| Cumulative performance: | 0.77% | 1.15% | -0.57% |
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See all of our values (NAV) |
| Weighted average yield-to-maturity: | 4.47% |
| Weighted average duration: | 3.51 |
| Issuers (groups): | 69 |
Portfolio's breakdown
Country allocation
Sector allocation
Main features
| Status: | Open to new subscriptions |
| Investment vehicle: | French FCP, in accordance to European directive (UCITS) |
| Manager: | Anaxis Asset Management SAS |
| Liquidity: | Daily |
| Maturity: | 31th December 2026 |
| Custodian: | BNP Paribas SA |
| Administrator: | BNP Paribas SA |
| Auditor: | PwC Sellam represented by Mr. Frédéric Sellam |
| Class I1 - EUR: | FR001400DS90 (ISIN), DEFI1EU FP (Bloomberg), 123581322 (Telekurs) |
| Class I2 - EUR: | FR001400DS82 (ISIN), DEFI2EU FP (Bloomberg), 123581068 (Telekurs) |
| Class K1 - CHF: | FR001400DS58 (ISIN), DEFK1CH FP (Bloomberg), 123581320 (Telekurs) |
| Class E1 - EUR: | FR001400DSF4 (ISIN), DEFE1EU FP (Bloomberg), 123581328 (Telekurs) |
| Class U1 - USD: | FR001400DSD9 (ISIN), DDEFU1US FP (Bloomberg), 123581335 (Telekurs) |
| Class S1 - CHF: | FR001400DSB3 (ISIN), DEFS1CH FP (Bloomberg), 123581325 (Telekurs) |