To news & knowledge overview

Three years of Kempen (Lux) Euro High Yield Fund: strong track record with a focus on quality

27 August 2020
The fund receives a five star rating from Morningstar for its performance, ranking among the top 5% of all peers globally in terms of outperformance. In addition, the fund receives a Morningstar Sustainability Rating of 3 globes.

Kempen's credit team has been managing several successful credit funds with a proven track record since 2008. Building on this expertise and following the same philosophy, Kempen decided in 2017 to expand the offering with a European high yield strategy.

Rik den Hartog, Senior Portfolio Manager of the Kempen corporate bond team, explains: ‘As a team, we are very proud to have won the trust of our clients and have built a strong track record over the past three years. We successfully applied our investment philosophy to the European high-yield market. Our process, which is characterized by a focus on quality and downside risk control, proved particularly suitable for this growing segment of the European corporate bond market.’

The team pursues an active investment policy targeting the higher-quality segment of the high-yield market. In this policy ESG criteria have been fully implemented. In this respect, the team aims to achieve higher returns than the benchmark by investing in a diversified portfolio of carefully selected corporate bonds. Depending on the market, the portfolio’s risk profile is actively adjusted. This active methodology 
results so far in consistent outperformance both in bear and bull markets.

More details about the Kempen (Lux) Euro High Yield Fund as well as the other credit strategies are available here

* The benchmark of the fund is BofA Merrill Lynch Composite Index. Average annual performance after deduction of expenses of the Kempen (Lux) Euro High Yield Fund Class I (ISIN: LU1624254121) from its launch on 31 July 2017 until the end of July 2020. The value of your investment may fluctuate. Past performance is not a reliable indicator of future results. 

Disclaimer
Kempen (Lux) Euro High Yield Fund] (the “Sub-Fund”) is a sub-fund of Kempen International Funds SICAV (the “Fund”), domiciled in Luxembourg. This Fund is authorised in Luxembourg and is regulated by the Commission de Surveillance du Secteur Financier. Kempen Capital Management N.V. (KCM) is the management company of the Fund. KCM is authorised as management company and regulated by The Netherlands Authority for the Financial Markets. 

Paying agent and representative in Switzerland is RBC Investor Services Bank S.A., Esch-sur-Alzette, Zweigniederlassung Zürich, Badenerstrasse 567, P.O. Box 1292, 8048 Zürich. The Sub-Fund is registered with The Netherlands Authority for the Financial Markets under the license of the Fund. 

The information in this document provides insufficient information for an investment decision. Please read the Key Investor Document (available in Dutch, English and several other languages, see website) and the prospectus (available in English). These documents as well as annual report, semi-annual report and the articles of incorporation of the Fund are available free of charge at the registered office of the Fund located at 6C, route de Trèves, L-2633 Senningerberg, Luxembourg, at the offices of the representative in Switzerland and on the website of KCM (www.kempen.com/en/asset-management). 

The information on the website is (partly) available in Dutch and English. The Sub-Fund is registered for offering in a limited number of countries. The countries where the Sub-Fund is registered can be found on the website. The value of your investment may fluctuate. Past performance provides no guarantee for the future. The performance shown does not take account of any commissions and costs charged when subscribing to and redeeming units.

About Kempen Capital Management
Kempen Capital Management is a specialist asset manager with a focused approach and a clear investment philosophy. We believe in long-term stewardship for our clients and other stakeholders. Kempen provides sustainable returns, fiduciary management services, manager selection, portfolio construction and monitoring, alongside a number of actively-managed investment strategies. As of 30 June 2020, Kempen Capital Management had a total of €79.1 billion in client assets under management.
 
Kempen Capital Management, part of Van Lanschot Kempen Wealth Management NV, is a specialist and independent wealth manager. Kempen Capital Management NV is licensed as a manager of various UCITS and AIFs and authorised to provide investment services and as such is subject to supervision by the Netherlands Authority for the Financial Markets.
kempen.com

Subscribe

Please leave your email and we will send you our latest updates