Fund of the Week: Richelieu Euro Credit Unconstrained

(Boursier.com) — Richelieu Euro Credit Unconstrained or Richelieu ECU is a bond fund exploiting latitude in exposure to credit risks and sensitivity to rates.

It is managed by Fabien Chehowah, who joined Richelieu Gestion after 10 years of experience in the bond markets with a solid track record to his credit.

The management objective is to achieve over the recommended holding period a performance superior to the capitalized €STER + 2.5% – 3.1% per year depending on the shares.

The fund’s interest rate sensitivity range is -4% to +8%.

Richelieu ECU invests across the entire credit universe to ensure maximum flexibility, without allocation constraints by geographic areas, rating, sector of activity or types of securities. The fund will combine macroeconomic analysis, proprietary momentum analysis and rigorous bottom-up selection to seek the optimal risk/return profile over the entire credit cycle. The fund is classified Article 8 of the SFDR.

Managed by Fabien Chehowah, Richelieu ECU applies an analysis process developed over eight years leading to three main performance drivers, asset allocation to the different segments of the bond market, bond selection, mainly in the credit universe high yield and crossover with 120 issuers monitored and one-off strategic hedges and exposures to credit rates and spreads

Conclusion

A new fund at Richelieu Gestion…