Performance
Why High-Yield Bonds?
In what is possibly a major surprise for most investors, since the inception of the European high-yield bond market over 20 years ago European high-yield bonds have generated better returns than equities. This has been especially true after the 2008/09 financial crisis. Not so surprising, high-yield bond returns have shown to be significantly less volatile than those of equities. This makes high-yield bonds a very attractive asset class for return seeking investors who want to avoid the equity market emotional roller-coaster.
Fund Profile
FAM Renten Spezial
The fund consists of a well-diversified fixed-income portfolio with a strong emphasis on European senior secured corporate bonds with a non-investment grade rating. In addition, the fund may invest in subordinated bonds as well as bond-like instruments. This added flexibility allows the fund to take advantage of attractive opportunities that arise from pricing inefficiencies in the credit market. It enables us to generate strong positive returns for our investors above the normal interest rate and the ETF High Yield Benchmark iShares € High Yield Corp Bond. Since April 2022 we offer the share class 'A' with a particularly attractive distribution yield and quarterly payouts.
A cornerstone for all investment decisions made within the fund is the FAM Credit Scoring Model. While leading rating agencies usually rely on recent financial statements to determine an issuer’s creditworthiness, our model is forward looking with a strong qualitative component. This means that significant emphasis is put on the analysis of the resilience of an issuer’s business model instead of simply looking at the quality of its balance sheet.
For a better overview of the FAM investment process and the FAM Credit Scoring Model, please visit this LINK.
For more information on our High Yield Management, please refer to Press/News and Quarterly Reports.
Key Data
ISIN | DE000A3C5448 | |
WKN | A3C544 | |
Inception Date | 01.03.2022 | |
Financial Year-End | 31.12. | |
Depositary Bank | Donner & Reuschel AG | |
Investment Management Company | Hansainvest | |
Domicile | Germany | |
Currency | EUR | |
Dividend Policy | Distribution | |
Investment Manager | FAM Frankfurt Asset Management AG | |
TER | 0,96% | |
Management-Fee | 0,70% | |
Performance-Fee | None | |
Minimum Initial Investment (EUR) | None | |
Savings Plan Compliant | Yes | |
Last dividend distribution (EUR) | ||
02.05.2023 | 1,20 | |
14.02.2023 | 1,20 | |
15.11.2022 | 1,20 | |
16.08.2022 | 1,20 |
ISIN | DE000A14N878 | |
WKN | A14N87 | |
Inception Date | 15.09.2015 | |
Financial Year-End | 31.12. | |
Depositary Bank | Donner & Reuschel AG | |
Investment Management Company | Hansainvest | |
Domicile | Germany | |
Currency | EUR | |
Dividend Policy | Distribution | |
Investment Manager | FAM Frankfurt Asset Management AG | |
TER | 0,71% | |
Management-Fee | 0,40% | |
Performance-Fee | None | |
Minimum Initial Investment (EUR) | 5 mio. | |
Savings Plan Compliant | Yes | |
Last dividend distribution (EUR) | ||
20.02.2023 | 4,00 | |
28.02.2022 | 4,00 | |
15.02.2021 | 4,00 | |
24.02.2020 | 4,00 | |
04.03.2019 | 4,00 | |
27.02.2018 | 3,00 | |
27.02.2017 | 1,85 | |
06.12.2016 | 2,69 |
ISIN | DE000A2PRZS5 | |
WKN | A2PRZS | |
Inception Date | 01.11.2019 | |
Financial Year-End |
31.12. | |
Depositary Bank |
Donner & Reuschel AG | |
Investment Management Company |
Hansainvest | |
Domicile | Germany | |
Currency | EUR | |
Dividend Policy |
Distribution | |
Investment Manager |
FAM Frankfurt Asset Management AG | |
TER | 1,12% | |
Management-Fee | 0,40% | |
Performance-Fee | None | |
Minimum Initial Investment (EUR) | 100 | |
Savings Plan Compliant | Yes | |
Last dividend distribution (EUR) | ||
20.02.2023 | 2,00 | |
28.02.2022 | 2,00 | |
15.02.2021 | 2,00 |
Factsheets
FAM Renten Spezial A Monthly August 2023 |
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FAM Renten Spezial R Monthly August 2023 |
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FAM Renten Spezial I Monthly August 2023 |
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FAM Renten Spezial A Monthly June 2023 |
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FAM Renten Spezial R Monthly June 2023 |
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FAM Renten Spezial I Monthly June 2023 |
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FAM Renten Spezial A Monthly May 2023 |
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FAM Renten Spezial R Monthly May 2023 |
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FAM Renten Spezial I Monthly May 2023 |
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FAM Renten Spezial A Monthly April 2023 |
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FAM Renten Spezial R Monthly April 2023 |
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FAM Renten Spezial I Monthly April 2023 |
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FAM Renten Spezial A Monthly March 2023 |
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FAM Renten Spezial R Monthly March 2023 |
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FAM Renten Spezial I Monthly March 2023 |
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FAM Renten Spezial A Monthly February 2023 |
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FAM Renten Spezial R Monthly February 2023 |
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FAM Renten Spezial I Monthly February 2023 |
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FAM Renten Spezial A Monthly January 2023 |
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FAM Renten Spezial R Monthly January 2023 |
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FAM Renten Spezial I Monthly January 2023 |
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FAM Renten Spezial A Monthly December 2022 |
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FAM Renten Spezial R Monthly December 2022 |
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FAM Renten Spezial I Monthly December 2022 |
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FAM Renten Spezial A Monthly November 2022 |
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FAM Renten Spezial R Monthly November 2022 |
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FAM Renten Spezial I Monthly November 2022 |
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FAM Renten Spezial A Monthly October 2022 |
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FAM Renten Spezial R Monthly October 2022 |
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FAM Renten Spezial I Monthly October 2022 |
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FAM Renten Spezial A Monthly September 2022 |
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FAM Renten Spezial R Monthly September 2022 |
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FAM Renten Spezial I Monthly September 2022 |
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FAM Renten Spezial A Monthly August 2022 |
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FAM Renten Spezial R Monthly August 2022 |
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FAM Renten Spezial I Monthly August 2022 |
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FAM High Yield Update August 2022 |
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FAM Renten Spezial vs. European competitors August 2022 |
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FAM Renten Spezial A Monthly July 2022 |
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FAM Renten Spezial R Monthly July 2022 |
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FAM Renten Spezial I Monthly July 2022 |
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FAM Renten Spezial A Monthly June 2022 |
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FAM Renten Spezial R Monthly June 2022 |
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FAM Renten Spezial I Monthly June 2022 |
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FAM High Yield Update June 2022 |
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FAM Renten Spezial A Monthly May 2022 |
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FAM Renten Spezial R Monthly May 2022 |
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FAM Renten Spezial I Monthly May 2022 |
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FAM Renten Spezial R Monthly April 2022 |
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FAM Renten Spezial I Monthly April 2022 |
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FAM Renten Spezial R Monthly March 2022 |
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FAM Renten Spezial I Monthly March 2022 |
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FAM Renten Spezial vs. European competitors March 2022 |
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FAM Renten Spezial I Monthly February 2022 |
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FAM Renten Spezial I Monthly January 2022 |
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FAM Renten Spezial I Monthly December 2021 |
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FAM Renten Spezial vs. European competitors December 2021 |
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FAM Renten Spezial I Monthly November 2021 |
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FAM Renten Spezial I Monthly October 2021 |
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FAM Renten Spezial I Monthly September 2021 |
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FAM Renten Spezial I Monthly August 2021 |
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FAM Renten Spezial I Monthly July 2021 |
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FAM Renten Spezial I Monthly June 2021 |
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FAM Renten Spezial I Monthly May 2021 |
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FAM Renten Spezial vs. European competitors May 2021 |
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FAM Renten Spezial I Monthly April 2021 |
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FAM Renten Spezial in Rising Interest Rate Environments |
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FAM Renten Spezial I Monthly March 2021 |
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FAM Renten Spezial I Monthly February 2021 |
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FAM Renten Spezial I Monthly January 2021 |
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FAM Renten Spezial I Monthly December 2020 |
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FAM Renten Spezial I Monthly November 2020 |
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FAM Renten Spezial I Monthly October 2020 |
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FAM Renten Spezial I Monthly September 2020 |
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FAM Renten Spezial I Monthly August 2020 |
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FAM Renten Spezial I Monthly July 2020 |
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FAM Renten Spezial I Monthly June 2020 |
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FAM Renten Spezial I Monthly May 2020 |
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FAM Renten Spezial I Monthly April 2020 |
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FAM Renten Spezial I Monthly March 2020 |
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FAM Renten Spezial I Monthly February 2020 |
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FAM Renten Spezial I Monthly January 2020 |
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FAM Renten Spezial I Monthly December 2019 |
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FAM Renten Spezial I Monthly November 2019 |
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FAM Renten Spezial I Monthly October 2019 |
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FAM Renten Spezial I Monthly September 2019 |
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FAM Renten Spezial I Monthly August 2019 |
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FAM Renten Spezial I Monthly July 2019 |
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FAM Renten Spezial I Monthly June 2019 |
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FAM Renten Spezial I Monthly May 2019 |
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