Henderson Horizon Euro High Yield Bond Fund

A2 Acc EUR ISIN code: LU0828815570

Ratings and awards

Morningstar 4 Star

Investment objective

The investment objective of the Euro High Yield Bond Fund is to provide a high overall yield and potential for capital growth. The Fund will invest at least 70% of its net assets in sub investment grade corporate debt securities with a credit rating equivalent to BB+ or lower and denominated in Euros and Sterling. The Fund can invest in fixed and variable rate and index-related securities issued by corporate, government, supranational institutions and local and regional agencies. The Fund may invest up to 20% of its net assets in contingent convertible bonds. The Fund may make use of one or a combination of the following instruments / strategies in order to achieve the Fund’s objective including, but not limited to, asset and mortgage backed securities, convertible bonds, structured notes, options, OTC swaps (such as interest rate swaps, credit default swaps, credit default swaps on indices and total return swaps), and forward foreign exchange contracts.

Overview

The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and you may not get back the amount originally invested.

Potential investors must read the prospectus, and where relevant, the key investor information document before investing.

Before you invest

Share class:

Key documents

All documents
ISIN code: LU0828815570A2 Acc EUR Currency EUR NAV 142.3900 Change 0.0600% Price date 24/07/2017
 
ISIN code: LU0828817600A2 Acc HCHF Currency CHF NAV 136.6500 Change 0.0500% Price date 24/07/2017
ISIN code: LU0828816461A2 Acc HUSD Currency USD NAV 145.1600 Change 0.0700% Price date 24/07/2017
ISIN code: LU1627920678A3 HUSD Currency USD NAV 100.4800 Change 0.0700% Price date 24/07/2017
ISIN code: LU0828815224A3 Inc EUR Currency EUR NAV 109.6700 Change 0.0500% Price date 24/07/2017
ISIN code: LU0828820901X2 Acc EUR Currency EUR NAV 117.1100 Change 0.0600% Price date 24/07/2017
ISIN code: LU0828821115X3 Inc EUR Currency EUR NAV 104.7000 Change 0.0600% Price date 24/07/2017
Performance

Past performance is not a guide to future performance. All performance data includes both income and capital gains or losses but does not reflect any ongoing charges or other fund expenses.

Discrete performance

Share classJun 2016 - Jun 2017Jun 2015 - Jun 2016Jun 2014 - Jun 2015Jun 2013 - Jun 2014Jun 2012 - Jun 2013
A2 Acc EUR10.07%2.27%2.49%16.00%-
A2 Acc HCHF9.49%1.65%2.04%15.61%-
A2 Acc HUSD11.83%2.99%2.69%16.03%-
A3 Inc EUR10.07%2.26%2.49%16.08%-
X2 Acc EUR9.69%1.93%2.17%--
X3 Inc EUR9.69%----
© Morningstar 2017. All rights reserved. NAV-NAV, gross income reinvested.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Annual return to 30/06/2017

Cumulative performance

Share classLast monthYTD1 Year3 YearsSince inception
A2 Acc EUR-0.073.51%7.93%16.64%42.31%
A2 Acc HCHF-0.113.25%7.39%14.80%36.58%
A2 Acc HUSD0.084.51%9.68%19.69%45.06%
A3 Inc EUR-0.073.51%7.91%16.62%42.39%
X2 Acc EUR-0.103.31%7.54%15.48%17.04%
X3 Inc EUR-0.103.31%7.53%--
© Morningstar 2017. All rights reserved. NAV-NAV, gross income reinvested.Source: Morningstar, based on market prices at close on the date shown. We are not responsible for the accuracy or completeness of the information supplied by Morningstar. We take care to ensure that the information provided by Morningstar is correct but we neither warrant, represent nor guarantee the contents of the information, nor do we accept any responsibility for errors, inaccuracies, omissions or any inconsistencies therein. Prices may be subject to change, errors and omissions excepted. Data as at 21/07/2017
Top 10 holdings
Geographic breakdown
Sector breakdown
Dividends
Key data
Asset class Fixed Income
Structure SICAV
Launch date 19/11/2012
Base currency EUR
Sector Morningstar Europe OE EUR High Yield Bond
Benchmark BofA ML European Currency Non-Financial High Yield Constrained Index (100% Hedged)
Year end 30-Jun
Valuation point 13:00
Pricing basis Single Priced
Fund status Open for new investment

A2 Acc EUR

Distribution type Accumulation Net
ISIN code LU0828815570
Lipper code 68236457
WKN Code A1J4LV
Valoren Code 19547876
Initial charge 5.00%
Annual charges 0.75%
Launch date 19/11/2012
Currency EUR
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

A2 Acc HCHF

Distribution type Accumulation Net
ISIN code LU0828817600
Lipper code 68236459
WKN Code A1J4L4
Valoren Code 19547954
Initial charge 5.00%
Annual charges 0.75%
Launch date 19/11/2012
Currency CHF
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum CHF2,500.00
Additional lump sum investment CHF500.00

A2 Acc HUSD

Distribution type Accumulation Net
ISIN code LU0828816461
Lipper code 68236458
WKN Code A1J4LZ
Valoren Code 19547929
Initial charge 5.00%
Annual charges 0.75%
Launch date 28/11/2012
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00

A3 HUSD

Distribution type Income Gross
ISIN code LU1627920678
WKN Code A2DT89
Initial charge 5.00%
Annual charges 0.75%
Launch date 05/07/2017
Dividend pay dates 20-Oct, 20-Jan, 20-Apr, 20-Jul
XD dates 01-Oct, 01-Jan, 01-Apr, 01-Jul
Currency USD
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum USD2,500.00
Additional lump sum investment USD500.00

A3 Inc EUR

Distribution type Income Gross
ISIN code LU0828815224
Lipper code 88208T
WKN Code A1J4LU
Valoren Code 19547860
Initial charge 5.00%
Annual charges 0.75%
Launch date 19/11/2012
Dividend pay dates 20-Oct, 20-Jan, 20-Apr, 20-Jul
XD dates 01-Oct, 01-Jan, 01-Apr, 01-Jul
Currency EUR
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

X2 Acc EUR

Distribution type Accumulation Net
ISIN code LU0828820901
Lipper code 68267439
WKN Code A1J4MJ
Valoren Code 19547930
Initial charge 0.00%
Annual charges 0.75%
Launch date 02/05/2014
Currency EUR
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00

X3 Inc EUR

Distribution type Income Gross
ISIN code LU0828821115
Lipper code 68267438
WKN Code A1J4MK
Valoren Code 19547950
Initial charge 0.00%
Annual charges 0.75%
Launch date 08/04/2016
Dividend pay dates 20-Oct, 20-Jan, 20-Apr, 20-Jul
XD dates 01-Oct, 01-Jan, 01-Apr, 01-Jul
Currency EUR
Performance FeeCertain classes within a fund may be able to charge a performance related management fee, which becomes payable when that class outperforms its performance fee benchmark and previous high watermark (where applicable).An indication of the historic performance fee payable can be found in the relevant KIID.10% of the 'Relevant Amount'
Minimum Lump Sum EUR2,500.00
Additional lump sum investment EUR500.00
General risks
  • ​The value of the Funds and the income from them is not guaranteed and may fall as well as rise. You may get back less than you originally invested.
  • ​Past performance is not a guide to future performance.
  • ​For detailed product information including the risks associated with investing please read the relevant Prospectus or Annual Report.
  • Before investing in any of our funds you should satisfy yourself as to the suitability and the risks involved, you may wish to consult a financial adviser.
  • Third party data is believed to be reliable, but its completeness and accuracy is not guaranteed.
Specific risks
  • Investment management techniques that have worked well in normal market conditions could prove ineffective or detrimental at other times.
  • This fund is designed to be used only as one component in several in a diversified investment portfolio. Investors should consider carefully the proportion of their portfolio invested into this fund.
  • The Fund could lose money if a counterparty with which it trades becomes unwilling or unable to meet its obligations to the Fund.
  • The value of a bond or money market security may fall if the financial health of the issuer weakens, or the market believes it may weaken. This risk is greater the lower the credit quality of the bond.
  • Derivatives use exposes the Fund to risks different from, and potentially greater than, the risks associated with investing directly in securities and may therefore result in additional loss, which could be significantly greater than the cost of the derivative.
  • Measures designed to reduce the impact of certain risks may not be available or may be ineffective.
  • When interest rates rise (or fall), the prices of different securities will be affected differently. In particular, bond values generally fall when interest rates rise. This risk is generally greater the longer the maturity of a bond investment.
  • Leverage arises from entering into contracts or derivatives whose terms have the effect of magnifying an outcome, meaning profits and losses from investment can be greater.
  • Any security could become hard to value or to sell at a desired time and price, increasing the risk of investment losses.

Announcements

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