Category Archives for "Investment Grade Funds"

6th January 2019

Corporate Bond Market Report: Year-End 2018

The corporate bond market endured its most torrid period since the crisis began. It delivered the worst performance since 2008 in total return terms, with the level of spread weakness not far behind. As measured by the Markit iBoxx index, IG widened by 76bp, high yield by almost 240bp and, for example, the AT1 index […]
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3rd March 2017

IG Euro Fund Performance

All figures are to month-end Feb 2019 Jump to: Top Performing IG € Funds


Largest IG € Funds: Total Returns /α (%)

Performance of the largest IG Euro corporate bond funds ordered by assets under management.

#Fund /
ISIN
Size
(€bn)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Schroder ISF EURO Corp Bd C Acc EUR
LU0113258742
8.2689.88
2.91
0.28
0.54
3.72
1.75
3.77
1.73
2MS INVF Euro Corporate Bond A
LU0132601682
3.63110.88
3.91
-0.82
-0.57
2.98
1.01
2.40
0.36
3BGF Euro Corporate Bond A1 EUR
LU0162660350
2.8459.11
2.13
0.78
1.04
2.53
0.56
2.79
0.75
4Nordea Corporate Bond I K
FI0008801303
2.6068.37
1.40
0.87
1.13
2.25
0.27
2.69
0.66
5BlueBay Investment Grade Bd B EUR
LU0179826135
2.6047.29
0.32
-0.31
-0.05
2.33
0.36
1.96
-0.08
6SLI European Corporate Bd D Acc EUR
LU0177497814
2.5358.57
1.59
0.60
0.85
2.46
0.49
2.55
0.51
7SSGA State Street Euro Corp Bd Idx I Acc
LU0438092701
2.4697.14
0.17
0.47
0.73
1.97
0.00
2.60
0.56
8Vanguard Euro IG Bd Idx Ins EUR Acc
IE00B04FFJ44
2.4567.36
0.38
1.31
1.56
1.46
-0.52
2.35
0.31
9Parvest Bond Euro Corporate C C
LU0131210360
2.2247.73
0.76
-0.13
0.12
1.77
-0.20
2.29
0.25
10Nordea 1 - European Covered Bond BP EUR
LU0076315455
2.1564.50
-2.48
1.43
1.68
1.75
-0.22
3.04
1.00
11Aegon Euro Credits I EUR Acc
IE00BZ005B08
1.9998.52
1.54
1.49
1.74
2.60
0.63
2.99
0.95
12iShares Euro InvGrdCorpBdIdx(IE)InstAcc€
IE00B67T5G21
1.8168.33
1.35
0.79
1.05
2.20
0.23
2.67
0.63
13iShares Euro Crdt Bd Idx (IE) Instl Acc€
IE0031080645
1.7575.39
-1.59
1.40
1.66
1.10
-0.87
2.23
0.19
14Kempen (Lux) Euro Credit J
LU0630255858
1.7399.02
2.04
1.56
1.81
2.60
0.63
3.07
1.03
15Invesco Euro Corporate Bond C EUR Acc
LU0243958047
1.64811.39
4.42
-0.07
0.18
2.61
0.64
2.13
0.09
16Schroder ISF EURO Crdt Convct C Acc EUR
LU0995119822
1.62510.99
4.01
0.05
0.30
4.89
2.92
4.58
2.54
17Amundi Fds II Euro Corp Bond E EUR ND
LU0133660638
1.6049.32
2.34
-0.12
0.13
1.52
-0.45
1.68
-0.36
18Vontobel EUR Corp Bd Mid Yld A EUR
LU0153585566
1.57410.41
3.43
-0.86
-0.61
2.09
0.11
2.55
0.51
19Janus Henderson Hrzn Euro Corp Bd I2 EUR
LU0451950587
1.5248.87
1.89
1.43
1.68
3.06
1.08
2.65
0.61
20DWS Invest Euro Corporate Bds FC
LU0300357802
1.4729.22
2.24
0.50
0.76
2.91
0.94
2.87
0.83

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Top Performing IG € Funds: Total Returns /α (%)

Top performing IG Euro corporate bond funds ranked by rolling 1 year performance.

RankFund /
ISIN
Size
(€mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1ASR Euro Bedrijfsobligatie Basisfonds
NL0012645154
2636.45
-0.53
2.48
2.73
2.41
0.43
3.14
1.10
2ASR Euro Bedrijfsobligatie Fonds
NL0012293971
356.03
-0.94
2.03
2.28
1.98
0.01
2.86
0.82
3Royal London European Corporate Bd Z Inc
GB00B7TFLF68
1126.54
-0.44
1.97
2.22
2.37
0.40
2.54
0.50
4PIMCO GIS Euro Credit Instl EUR Acc
IE00B2NSVP60
7937.51
0.53
1.95
2.21
2.97
1.00
3.28
1.24
5L&G Euro Corporate Bond Z EUR Inc
LU0984223155
1088.89
1.92
1.84
2.10
2.89
0.92
3.17
1.13
6M&G European Credit Investment C EUR Acc
LU0617482376
4259.72
2.74
1.74
2.00
4.05
2.08
3.19
1.15
7BNPP E Mark iBx EUR Liquid Corp Tr I C
LU1291094677
23210.80
3.83
1.70
1.95
1.76
-0.21
2.14
0.10
8Nordea Inst FIS Covered Bond BX EUR
LU0402663305
9524.11
-2.87
1.66
1.91
1.05
-0.92
2.40
0.36
9Deutscher Mittelstandsanleihen Fonds M
LU0974225590
1175.09
-1.89
1.64
1.89
4.95
2.98
3.90
1.86
10LGIM Euro Corporate Bond B EUR Acc
GB00B6CFP326
8079.13
2.16
1.61
1.87
2.68
0.71
3.04
1.00
11Nykredit Invest Engros EuroKredit
DK0016044654
14310.02
3.05
1.61
1.87
3.06
1.09
3.47
1.43
12Kempen (Lux) Euro Credit Plus I
LU0986645306
3909.36
2.39
1.57
1.82
2.78
0.80
3.29
1.25
13Kempen (Lux) Euro Credit J
LU0630255858
17399.02
2.04
1.56
1.81
2.60
0.63
3.07
1.03
14Nykredit Invest Engros Eurokredit SRI
DK0060709814
1039.17
2.19
1.56
1.81
0.00
0.00
0.00
0.00
15Zurich Corporate Bonds Long
LU1466077309
4419.51
12.54
1.55
1.81
0.00
0.00
0.00
0.00
16ABN AMRO Kempen EuroCorpBds C EUR Inc
LU1253565243
1209.08
2.11
1.53
1.78
2.42
0.45
0.00
0.00
17L&G Euro High Alpha Corp Bond Z EUR Inc
LU1003761308
1368.98
2.00
1.51
1.76
2.89
0.92
0.00
0.00
18Aegon Euro Credits I EUR Acc
IE00BZ005B08
19998.52
1.54
1.49
1.74
2.60
0.63
2.99
0.95
19UniInstitutional Premium Corporate Bonds
DE0005326599
6819.11
2.14
1.48
1.73
2.40
0.43
2.61
0.57
20Janus Henderson Hrzn Euro Corp Bd I2 EUR
LU0451950587
15248.87
1.89
1.43
1.68
3.06
1.08
2.65
0.61

All Fund performance tables: Investment Grade EUR | Investment Grade GBP | High Yield EUR | High Yield GBP

European domiciled funds in Morningstar Category EUR Corporate Bond, Oldest share class, All figures EUR (€), Total returns annualised, as at last month end. Alpha is the measure of an investment’s return in excess of the Morningstar Category average. Fund sizes are as reported by the management groups and the latest available to Morningstar. The Morningstar Rating is calculated based on a fund’s total returns, adjusted for risk and sales charges, relative to other funds in its Morningstar Category, based on a weighted average of a fund’s 3-, 5-, and ten-year ratings, depending on the length of its record. Data source: © 2017 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. Past performance is no guarantee of future results. Important note regarding third party indices:  Morningstar does not own any third party index data (S&P, FTSE, MSCI), so cannot authorise its use. The journalists should contact each vendor directly to get authorisation for the data they require.

27th February 2017

IG Sterling Fund Performance

All figures are to month-end Feb 2019
Jump to: Top Performing IG £ Funds


Largest IG £ Funds: Total Returns /α (%)

Performance of the largest IG Sterling corporate bond funds ordered by assets under management.

#Fund /
ISIN
Size
(£bn)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Scottish Widows Corporate Bd Trkr W Acc
GB00BD7W3V17
5.4739.06
-1.41
2.03
0.74
4.54
-0.24
0.00
0.00
2iShares Corporate Bond Index (UK) L Acc
GB00B5MMQ552
4.32710.40
-0.08
1.97
0.68
4.59
-0.19
4.58
0.22
3Invesco Corporate Bond UK Acc
GB0033028779
4.1338.19
-2.28
0.16
-1.13
3.86
-0.91
2.80
-1.56
4M&G Corporate Bond GBP I Inc
GB00B1YBRM66
3.62810.38
-0.09
0.45
-0.84
4.33
-0.45
4.19
-0.17
5Fidelity MoneyBuilder Income
GB0003863916
3.3469.51
-0.97
0.82
-0.47
3.62
-1.16
3.84
-0.52
6Vanguard UK Inv Grd Bd Idx GBP Acc
IE00B1S74Q32
2.77410.83
0.36
1.74
0.45
4.53
-0.25
4.56
0.20
7M&G Strategic Corporate Bond GBP A Acc
GB0033828137
2.72810.77
0.30
-1.16
-2.45
3.97
-0.81
3.28
-1.08
8Aviva Investors Corporate Bd 1 GBP Inc
GB0004459359
2.3919.93
-0.54
1.39
0.10
3.91
-0.87
3.76
-0.60
9Insight Buy and Maintain Bond B GBP Inc
IE00B8FY2845
2.2967.69
-2.78
-1.47
-2.76
2.08
-2.69
0.00
0.00
10Royal London Sterling Credit Z Inc
GB00B4W1ZT22
1.86911.41
0.93
2.29
1.00
5.55
0.77
5.27
0.91
11Halifax Corporate Bd B
GB0031809097
1.76210.99
0.52
1.69
0.40
4.72
-0.05
3.51
-0.85
12Aberdeen Corporate Bond I GBP Inc
GB00BWK26H88
1.62611.85
1.38
0.92
-0.37
5.10
0.32
4.34
-0.02
13Insight Inv UK Corp All Mat Bd S2
GB00B06FWY62
1.5526.80
-3.67
1.10
-0.18
4.97
0.19
4.77
0.42
14Threadneedle Stlg SD Corp Bd InsGrs Inc£
GB00BD8GMC64
1.3804.17
-6.30
1.22
-0.07
2.28
-2.50
1.97
-2.39
15Vanguard UK Short-Term IG Bd Idx GBP Acc
IE00B9M1BB17
1.3762.99
-7.48
1.11
-0.18
1.68
-3.09
1.78
-2.57
16BlackRock Corporate Bond 1-10 Year L Acc
GB00B59NP872
1.3696.72
-3.75
1.64
0.35
4.05
-0.73
3.65
-0.71
17Royal London Corporate Bond A Inc
GB00B3P2K895
1.31711.36
0.88
1.37
0.08
5.09
0.32
4.51
0.16
18L&G Fixed Interest I Acc
GB00B0CNHD88
1.25013.41
2.94
1.99
0.70
5.30
0.52
4.81
0.45
19L&G Short Dated £ Corporate Bd Idx C Acc
GB00BKGR3F07
1.1734.49
-5.98
1.45
0.16
2.67
-2.11
0.00
0.00
20AI Sterling Corp Bond UK Corp GBP Inc
GB00BTF89Z90
1.04513.66
3.18
1.99
0.70
4.72
-0.06
0.00
0.00

Top Performing IG £ Funds: Total Returns /α (%)

Top performing IG Sterling corporate bond funds ranked by rolling 1 year performance.

RankFund /
ISIN
Size
(£mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Schroder Instl Long Dated Corp Bd I
GB0009569327
30624.83
14.36
3.20
1.91
7.77
2.99
7.23
2.87
2Epworth Affirmative Corporate Bond
GB00B57GG960
12210.29
-0.18
2.93
1.64
3.71
-1.07
4.57
0.21
3Royal London Sustainable Mgd Inc D Acc
GB00B8GJ0284
4511.69
1.21
2.80
1.51
4.91
0.13
4.61
0.26
4Fidelity Duration 16 Feeder Acc GBP
GB00BVTVCP97
2115.07
4.60
2.78
1.50
4.37
-0.40
0.00
0.00
5Newton Long Corp Bd Exempt 1 Acc
GB00B01X0Y17
3015.42
4.95
2.66
1.37
6.15
1.37
6.10
1.74
6BlackRock Corporate Bond D Acc
GB00B4QC3311
84310.07
-0.40
2.55
1.26
5.53
0.75
5.03
0.67
7Schroder Sterling Corporate Bond A Inc
GB0031093247
23314.57
4.09
2.51
1.22
6.27
1.49
4.83
0.47
8JPM Sterling Bond A (dist) GBP
LU0053692744
5718.43
7.96
2.49
1.20
5.81
1.03
6.27
1.91
9Fidelity Instl UK Lng Corp Bd Inc
GB0031400335
60219.59
9.12
2.44
1.16
7.06
2.28
6.71
2.35
10BlackRock ASF Core+ UK Corp Bd Flex £
IE00B39VGQ27
24713.00
2.53
2.41
1.12
4.82
0.04
5.10
0.74
11Fidelity Duration 20 Feeder Acc GBP
GB00BVTVCQ05
4319.51
9.04
2.40
1.11
4.15
-0.63
0.00
0.00
12Insight Inv UK Corp Lng Mat Bd S2
GB00B06FXK91
43819.99
9.52
2.36
1.07
7.21
2.43
6.48
2.12
13BIBF Over 10 Year Corporate Bd B GBP Inc
GB0099289679
022.57
12.10
2.34
1.05
6.17
1.39
4.71
0.35
14BlackRock ASF Ascent UK All Stks C/Bd F£
IE0031465812
56912.27
1.80
2.31
1.02
5.39
0.62
5.43
1.07
15Royal London Sterling Credit Z Inc
GB00B4W1ZT22
186911.41
0.93
2.29
1.00
5.55
0.77
5.27
0.91
16Fidelity UK Investment Gr Lg Crdt Acc
GB00BRHYJM82
6319.81
9.34
2.26
0.97
6.72
1.94
0.00
0.00
17L&G Sterling Corporate Bond Index I Acc
GB00B4M01C47
6959.50
-0.97
2.26
0.97
4.04
-0.74
4.60
0.24
18BlackRock ASF Ascent UK Long Corp Bd Fl£
IE0031465705
48529.98
19.51
2.24
0.95
7.81
3.03
7.63
3.27
19Threadneedle Stlg MLD Corp Bd InsGrsInc£
GB00BD8GM715
29715.34
4.87
2.21
0.92
5.86
1.08
5.69
1.33
20UBS Sterling Corporate Bd Indexed K Acc
GB00B9D6WC36
10.96
0.49
2.15
0.86
4.50
-0.28
4.56
0.20

All Fund performance tables: Investment Grade EUR | Investment Grade GBP | High Yield EUR | High Yield GBP

Table information: European domiciled funds in Morningstar Category GBP Corporate Bond, Oldest share class, All figures GBP sterling (£), Total returns annualised, as at last month end. Alpha is the measure of an investment’s return in excess of the Morningstar Category average.

Fund sizes are as reported by the management groups and the latest available to Morningstar. The Morningstar Rating is calculated based on a fund’s total returns, adjusted for risk and sales charges, relative to other funds in its Morningstar Category, based on a weighted average of a fund’s 3-, 5-, and ten-year ratings, depending on the length of its record.

Data source: © 2017 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. Past performance is no guarantee of future results. Important note regarding third party indices:  Morningstar does not own any third party index data (S&P, FTSE, MSCI), so cannot authorise its use. The journalists should contact each vendor directly to get authorisation for the data they require.