Assenagon Credit Selection ESG (I2S CHF)
Fund in detail
Past performance is not a guide to future returns. Historical cost and NAV data before 12th November 2020 represent cost and NAV data for the fund Assenagon Credit ESG I2S CHF (LU2011235426) which was merged with Assenagon Credit Selection ESG I2S CHF (LU2212002096) on 12th November 2020.
Honors & Awards
Performance
| 1 month | 6 months | 1 year | 3 years | In total | Year to date | |
|---|---|---|---|---|---|---|
| Cumulative | +0.63 % | +2.22 % | +1.83 % | +22.05 % | +12.61 % | +2.07 % |
| Yearly | +1.83 % | +6.86 % | +1.92 % |
Risk indicators
| 1 month | 6 months | 1 year | 3 years | In total | Year to date | |
|---|---|---|---|---|---|---|
| Volatility | 1.79 % | 2.34 % | 2.54 % | 3.47 % | 4.22 % | 2.65 % |
| Maximum Drawdown | -0.24 % | -1.38 % | -2.51 % | -5.11 % | -14.79 % | -2.51 % |
| Sharpe Ratio | 5.60 | 1.95 | 0.44 | 2.30 | 0.62 | 1.08 |
Investment strategy
Investment strategy
The fund Assenagon Credit Selection ESG invests in corporate bonds as well as in credit derivatives and targets the generation of continuous and sustainable returns using a combination of credit risk premium, interest rate and price gains. In order to achieve its investment objective, portfolio management selects issuers that offer an attractive ratio of credit risk premium to default probability in a multi-step investment process. Central to the investment thesis, environmental, social and corporate governance aspects are taken into account throughout the process and help to achieve clearly defined sustainability objectives. A minimum credit rating of B-/B3 from Standard & Poor's or Moody's or a comparable rating is required. The investment focus of the Assenagon Credit Selection ESG is on European and North American issuers, concentrated on corporate bonds in the crossover segment between investment grade and high yield, where benchmark-independent investors can achieve excess returns. Due to the high flexibility in the choice of instruments (bonds denominated in EUR or multi-currency, CDS), an outperformance compared to outright bond investments can be achieved. In addition, the portfolio is largely hedged against currency risks. The fund is actively managed and is not linked to a benchmark.
Facts
Rewards & Risks
Rewards
- Possibility of additional return through individual value analysis and active fund management.
- Diversification across numerous individual securities.
- Participation in current interest on bonds, upside potential if interest rates decrease.
- Prospect of positive impact on the environment through the use of a sustainable strategy.
Risks
- No guarantee of success for individual security analysis and active fund management.
- Possibly less participation in the development of individual securities.
- Risk of possible bond price losses in the event of interest rates increasing.
- Positive environmental impact not guaranteed by the sustainable strategy. This approach reduces the investment universe.
Disclaimer
No responsibility is taken for the correctness of this information. For additional information please refer to the most recent sales prospectus, the most recent semi-annual or annual report and for UCI funds the key information document or key investor information document. Only the above mentioned relevant fund documentation is legally binding. A summary of investor rights can be viewed in the Assenagon Complaints Handling Policy. Please note that past performance of the fund is no guarantee for future success. The target return is not guaranteed. The management company may revoke distribution licenses of individual funds and sub-funds at any time at its own discretion in compliance with the legal requirements.
With regards to Eurosif, the following applies:
The European SRI Transparency logo signifies that the Assenagon Asset Management S.A. commits to provide accurate, adequate and timely information to enable stakeholders, in particular consumers, to understand the Socially Responsible Investment (SRI) policies and practices relating to the fund. Detailed information about the European SRI Transparency Guidelines can be found on www.eurosif.org, and information of the SRI policies and practices of the Assenagon Credit Selection ESG can be found at: www.assenagon.com/en/credit. The Transparency Guidelines are managed by Eurosif, an independent organisation.
The European SRI Transparency Logo reflects the fund manager commitment as detailed above and should not be taken as an endorsement of any particular company, organisation or individual.
With regards to Morningstar Ratings (www.morningstar.com), the following applies:
© 2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
With regards to MSCI ESG Fund Ratings (www.msci.com/our-solutions/esg-investing/esg-ratings), the following applies:
MSCI ESG Research LLC's ("MSCI ESG") Fund Metrics and Ratings (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 31,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.
MSCI ESG Research LLC's ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 23,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.
With regards to LSEG Lipper, the following applies:
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is an objective, quantitative, risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG Lipper makes reasonable efforts to ensure the accuracy and reliability of the data used to calculate the awards, their accuracy is not guaranteed.
With regards to Citywire, the following applies:
Citywire information is proprietary and confidential to Citywire Financial Publishers Ltd ("Citywire"), may not be copied and Citywire excludes any liability arising out its use. Citywire Fund Manager Ratings and Citywire Rankings are proprietary to Citywire and © Citywire 2025. All rights reserved.