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.

Growth of 100 (EUR)

8/31/19

Risk Level 3/7

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

ISIN
FI4000104773
Inception Date
9/8/14
Net Asset Value (NAV)
125.40 EUR
9/12/19
Total Net Assets (mil)
40.38 EUR
7/31/19

Fund Benchmark

Markit iBoxx Liquid High Yield TR EUR (100%)

Performance

Trailing Returns

9/12/19

Year to Date
7.75%
3 Years Annualised
4.85%
5 Years Annualised
4.74%
10 Years Annualised
-

Return/Risk Analysis

8/31/19

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 3.62 3.06 -
Sharpe Ratio 1.52 1.65 -
Positive Months 8 23 37
Negative Months 4 13 22

Portfolio

Asset Allocation %

Net
Stocks 0.00
Bonds 83.36
Cash 0.37
Other 16.27

Top 10 Holdings

23.91% of total assets in the fund

  1. Atradius Finance BV

    2.67%
  2. Akelius Residential Property Ab

    2.64%
  3. Polygon AB
    Sweden
    2.55%
  4. Outokumpu Oy

    2.50%
  5. Outotec Oyj
    Finland
    2.44%
  6. Rossini S.a.r.l.

    2.41%
  7. Maxima Grupe UAB

    2.31%
  8. Municipality Finance plc

    2.15%
  9. B2Holding ASA
    Norway
    2.14%
  10. Telefonica Europe B V

    2.09%

Fees and Expenses

Switching Fee
-
Exit Charge
1.00%
Initial Charge
1.00%
Ongoing Charge
0.80%
Performance Fee
10.00%
Management Fee
0.80%
Total Expense Ratio (TER)
1.00%

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