Overview

Investment Objective

Taaleri Corporate Bond fund is an open-end investment fund (UCITS compliant) domiciled in Finland. The funds objective is to maximize risk adjusted returns by investing in Euro denominated corporate bonds with a minimum credit rating of B- (S&P scale) or the equivalent. The fund may invest up to 30 percent of its total assets in instruments from unrated issuers or issuers with credit ratings lower than BBB- (S&P scale) or the equivalent from all rating agencies

Growth of 100 (EUR)

8/31/19

Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

ISIN
FI4000058722
Inception Date
2/11/13
Net Asset Value (NAV)
125.20 EUR
9/13/19
Total Net Assets (mil)
56.48 EUR
7/31/19

Fund Benchmark

BBgBarc Global Credit TR USD (30%)
BBgBarc Euro Agg A TR EUR (70%)

Performance

Trailing Returns

9/13/19

Year to Date
5.94%
3 Years Annualised
2.79%
5 Years Annualised
3.03%
10 Years Annualised
-

Return/Risk Analysis

8/31/19

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 2.41 1.93 2.89
Sharpe Ratio 2.16 1.65 1.16
Positive Months 8 24 39
Negative Months 4 12 21

Portfolio

Asset Allocation %

Net
Stocks 0.00
Bonds 99.03
Cash 0.42
Other 0.55

Top 10 Holdings

19.52% of total assets in the fund

  1. Municipality Finance plc

    2.31%
  2. Citycon Treasury B.V.

    2.15%
  3. Metsa Board Corporation
    Finland
    2.06%
  4. Teollisuuden Voima Oyj

    1.90%
  5. Merck Kgaa

    1.88%
  6. Dna Oyj
    Finland
    1.87%
  7. Kojamo Oyj

    1.86%
  8. Bayer AG
    Germany
    1.85%
  9. Samhallsbyggnadsbolaget I Norden Ab

    1.83%
  10. Danske Bank A/S

    1.80%

Fees and Expenses

Switching Fee
-
Exit Charge
1.00%
Initial Charge
1.00%
Ongoing Charge
0.71%
Performance Fee
10.00%
Management Fee
0.55%
Total Expense Ratio (TER)
0.56%

Purchase Details

Additional Investment
100 EUR
Initial Investment
100 EUR

Portfolio Managers

Kai Leppelmeier

Kai Leppelmeier

Portfolio Manager
Portfolio Management
Helsinki
+358 45 7734 9442
Lassi Järvinen

Lassi Järvinen

Portfolio Manager, Fixed Income
Portfolio Management
Helsinki
+358 50 376 2434

Filings