Overview

Investment Objective

Taaleri Higher Yields fund is an open-end investment fund (UCITS compliant) domiciled in Finland. The fund’s objective is to maximize the risk adjusted return by investing in subordinated debt instruments issued by corporates and financial institutions.

Trailing Returns

Year to Date
-7.11%
3 Years Annualised
-0.04%
5 Years Annualised
2.82%
10 Years Annualised
-

Fund Benchmark

iBoxx EUR Liquid High Yield TR (100%)
ISIN FI4000104773
Inception Date 9/8/14
Net Asset Value (NAV) 117.50 EUR (7/9/20)
Total Net Assets (mil) 43.52 EUR (7/9/20)
Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return
Morningstar
Management Fee 0.80%

Fees and Expenses

Growth of 100 (EUR)

7/9/20

Performance

Trailing Returns

Year to Date
-7.11%
3 Years Annualised
-0.04%
5 Years Annualised
2.82%
10 Years Annualised
-

Risk Level 3/7

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

Return/Risk Analysis

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 6.80 4.20 3.81
Sharpe Ratio -0.67 -0.00 0.76

Portfolio

Asset Allocation %

Net
Stocks 0.00
Bonds 94.58
Money Market 5.42
Other 0.00

Country Distribution %

6/30/20

Fund
Finland 28.14
Sweden 25.75
Denmark 13.64
Norway 8.59
Luxembourg 8.45
Netherlands 7.71
France 3.83
United Kingdom 1.45
Germany 1.31
Estonia 0.72
Spain 0.41

Top 10 Holdings

22.05% of total assets in the fund

  1. iLOQ FRN 12.6.2025
    Finland
    2.96%
  2. Akelius 3,875 % 5.10.2023/78
    Sweden
    2.40%
  3. DANSKE 5,875 6.4.2022/49
    Denmark
    2.38%
  4. Rossini 6.75 % 30.10.2025
    Luxembourg
    2.26%
  5. NDASS 3,5 % 12.3.2025/49 AT1
    Sweden
    2.25%
  6. Stockmann 4,75 % 11.1.2022
    Finland
    2.11%
  7. CITYCON 4.496% PERP
    Finland
    2.04%
  8. VW 4,625 % 27.6.2028/49
    Netherlands
    1.93%
  9. Intrum 3,5 % 15.7.2026
    Sweden
    1.87%
  10. Polygon 4,00% 23.2.2023
    Sweden
    1.85%

Fees and Expenses

Management Fee 0.80%
Performance Fee 10.00%

10 % of the yield exceeding the comparison index, calculated daily over 12 months.
Initial Charge 1.00%
Redemption Charge 1.00%

Purchase Details

Initial Investment 100.00
Additional Investment 100.00

Portfolio Managers

Kai Leppelmeier

Kai Leppelmeier

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

Lassi Järvinen

Head of Solutions and Allocation
Portfolio Management
Helsinki
+358 50 376 2434

Filings

PRIIP Avaintietoesite Korkeammat Korot
Säännöt Korkeammat Korot
Taaleri Rahastoesite