(Boursier.com) — Since November 17, 2022, CORUM Butler Entreprises has completed the bond range offered by CORUM L’Épargne. This so-called “dated” fund provides greater visibility than a traditional bond fund. It has an annualized performance objective of 5% net of fees (not guaranteed) until 2029.
CORUM Butler Entreprises is a so-called “dated” bond fund, meaning that its closing date is determined in advance, in this case December 2029. Although there remains a risk of capital loss, this solution allows you to invest in high-yield European bonds over this horizon with more visibility than a bond fund without a specific duration.
Remember that a bond fund invests the savings entrusted to it by purchasing bonds offered by companies seeking financing. Through these products and in return for management fees, the saver becomes, in a way, the “banker” of companies. In return, they must pay interest to the fund and make a final repayment (except in the event of payment default, that is to say if one or more companies do not honor their bond debt by no longer paying the interest due and/or by not repaying the term loan).
Special feature of a “dated” fund: the bonds purchased must all be repaid (except in the event of default) before the closing date of the fund, known in advance.
A fund launched to respond to the context of rising interest rates
CORUM Butler Entreprises was created to respond to a particular economic context:
The rise in rates following the surge in prices generated, during the summer of 2022, a sharp rise in bond yields. In this context, CORUM Butler Enterprises displays a performance objective of 5% annualized, net of fees, until 2029. In addition, these bonds are offered by companies which have been able to demonstrate their resilience since the health crisis. .
Nearly 8% performance over one year for CORUM Butler Entreprises
The window of opportunity opened in 2022 for bonds has widened with the rebound in bond performances since January 2023. In this context, CORUM Butler Entreprises achieved a performance of 7.99% over the last twelve months.
Just like the entire bond range distributed by CORUM L’Épargne, CORUM Butler Entreprises is accessible to savers, from 50 euros, via the CORUM Life life insurance contract, the CORUM PERLife retirement savings plan and the CORUM Capi capitalization (from 1,500 euros). The fund is available in free management or in one of the six formulas offered by the contracts (as well as in profiled management specific to the PER).
A fund available… as long as the window of opportunity remains open…
As announced at its launch, the context of falling interest rates which is now emerging should lead to stopping the marketing of CORUM Butler Entreprises during the first quarter of 2024, in order to respect its performance objective.