ODDO BHF’s Haut Rendement 2025, which launched in January 2018 has now been made available to Swiss investors.
Haut Rendement 2025, which is already available to French investors, is a high yield fund focusing on European issuers and bonds with a maximum maturity of eight years. It launched with a yield to maturity of 4.%.
About 70% of the fund’s portfolio currently consists of B- graded bonds maturing between 2021 and 2025. Up to 10% of its portfolio can be invested in CCC+ graded bonds.
The fund follows up on ODDO’s Haut Rendement 2023 fund which launched in 2016 and attracted more than €1bn in assets over a two-year period.