Active European Credit

Monthly Letter October 2024
Monthly Letters Archive

KIDS

The investment objective of this sub-fund is to deliver a net return above money market rates over its investment horizon, investing in a concentrated portfolio of mainly corporate bonds, without any rating and duration constraints.

PERFORMANCE OF THE SUB-FUND:


Total return		 2014
4.3%		2015
2.87%		2016
3.4%		2017
4.35%		2018
-3.59%		2019
6.78%		2020
3.99%		2021
2.11%		2022
-13.24%		2023
8.88%		2024
4.78%

PERFORMANCE STATISTICS AS OF 19/11/2024

NAV: 1741.304
MTD: 0.366%
QTD: 0.376%
YTD: 4.778%

KEY FEATURES:

Investment Manager: Compass Asset Management SA
Inception date: November 2003
Liquidity: Daily
Minimum subscription: Euro 1,000
Minimum subsequent subscription: Euro 100
Fees: Initial fee: Max 0-3%
Exit fee: 0.00%
Management fee cl. A: 1.50%
Management fee cl. B: 1.70%
Management fee cl. D: 1.80%
Management fee cl. M: 0.95%
Performance fee: 10%
Bloomberg: Class A: COMFLEX LX
Class B: COMFLXB LX
Class M: COMBORM LX
Isin code: Class A: LU0178938824
Class B: LU0178939392
Class M: LU0334387965
Class D: LU0520492454
Funds list
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