Sycoyield 2026

SFDR: Art.

8

1
SRI risk profile: 2

1

Addresses environmental and/or social challenges

NAV as of 11.19.2024: € 115.36
YTD performance: +4.38 %

Sycoyield 2026 is a maturity fund seeking yield opportunities in the bond markets. It invests mainly in high-yield corporate bonds issued in euros, with a maturity date mainly in 2026 and which are intended to be held until their maturity. The selection of issuers takes into account environmental, social and governance issues.

Asset class: Bonds
Region: Global
Market capitalisation size: All caps
SRI labels: No

ISIN code: FR001400A6X2
Inception date: September 1, 2022
Investment horizon: 5 years
Risk of capital loss: Yes

The labels were created to help investors identify sustainable and responsible products. They are designed as a guide for investors but guarantee neither the capital invested, nor the quality of the investment process applied to the funds. For a summary of investor rights and directives relating to individual or collective action, we recommend you read the fund's prospectus and the key investor information document, as well as our Complaints Handling policy. Sycomore AM Sycomore AM may choose to discontinue the marketing of its UCITs in compliance with article 93b of 2009/65/EC directive and article 32b of directive 2011/61/UE.

The fund posted strong returns as yields and credit spreads began to ease. Lower-than-expected inflation readings in the United States were a catalyst for this move, allowing the market to foresee a potential slowdown in the Fed’s monetary tightening cycle. The quarterly earnings reported by investee companies reassured investors on their resilience given the current economic environment. Furthermore, the primary market was a little more active in November with some attractive issuances – such as Faurecia, for example, which offered a coupon above 7% for a bond maturing in 2026 or Orano with a coupon of 5.375%. We also invested in IPSOS bonds with a yield of 5.5%.

Emmanuel de Sinety

Portfolio Manager

Contact

The investment team may change without notice.

Stanislas de Bailliencourt

Head of Fixed Income and Asset Allocation

Contact

The investment team may change without notice.

Classification

Capitalisation: Capitalisation
Fund currency: Euro
UCITS V: Yes

Subscriptions & redemptions

Trades: Daily
NAV frequency: Daily
Centralising agent: BNPP Securities Services Lux.
Settlement: D+2

Management fees

Fixe fees: 0,5%
Performance fees: nil
Subscription fees: 7% maximum
Redemption fees: nil
Transaction fees: nil

Risk indicator

1

2

3

4

5

6

7

Lower risk

Higher risk

The synthetic risk indicator gives an indication of the level of risk of this product compared to others. It shows how likely it is that this product will suffer losses if the markets fluctuate or if we are unable to pay you.

Looking to invest?

For more information on our investment solutions, please contact us. We will be happy to answer all your questions.

Contact us