Sycoyield 2026
- SFDR
-
Art.81
- SRI risk profile
-
2
- NAV as of 12.04.2024
- € 115.78
- YTD performance
- +4.76 %
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 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
Stanislas de Bailliencourt
Characteristics
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