Overview

Investment Objective

Higher Yields fund is an open-end investment fund (UCITS compliant) domiciled in Finland. The fund’s objective is to maximize the risk adjusted return by investing in subordinated debt instruments issued by corporates and financial institutions.

Trailing Returns

Year to Date
-9.39%
3 Years Annualised
-0.73%
5 Years Annualised
0.35%
10 Years Annualised
-

Fund Benchmark

iBoxx EUR Liquid High Yield TR (100%)
ISIN FI4000104773
Inception Date 9/8/14
Net Asset Value (NAV) 119.88 EUR (6/22/22)
Total Net Assets (mil) 64.48 EUR (6/22/22)
Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return
Morningstar
Management Fee 0.80%

Fees and Expenses

Growth of 100 (EUR)

6/22/22

Performance

Trailing Returns

Year to Date
-9.39%
3 Years Annualised
-0.73%
5 Years Annualised
0.35%
10 Years Annualised
-

Risk Level 3/7

1 = Lower risk, lower expected return
7 = Higher risk, higher expected return

Return/Risk Analysis

Morningstar
Risk Measurement 1 Year 3 Years 5 Years
Standard Deviation 2.14 4.27 3.50
Sharpe Ratio -4.26 -0.18 0.09

Portfolio

Asset Allocation %

Net
Stocks 0.00
Bonds 94.84
Money Market 5.16
Other 0.00

Country Distribution %

5/31/22

Fund
Sweden 31.13
Finland 24.49
Norway 24.11
Denmark 17.52
Netherlands 1.93
Estonia 0.48
Luxembourg 0.34

Top 10 Holdings

27.11% of total assets in the fund

  1. Bewi Float 3.9.2026
    Norway
    3.05%
  2. Assemblin FRN 15.5.2025
    Sweden
    3.04%
  3. NDASS 3,5 % 12.3.2025/49 AT1
    Sweden
    2.93%
  4. DKT FINANCE 7 % 17.6.2023
    Denmark
    2.90%
  5. Renta Group Float 1.2.2027
    Sweden
    2.86%
  6. Link Mobility 3,375 % 15.12.2025
    Norway
    2.60%
  7. Transcom FRN 15.12.2026
    Sweden
    2.56%
  8. NORICA 4,5 % 15.5.2023
    Denmark
    2.49%
  9. iLOQ FRN 12.6.2025
    Finland
    2.43%
  10. NETSDC 2,875 % 6.4.2024
    Norway
    2.25%

Fees and Expenses

Management Fee 0.80%
Performance Fee 20.00%

10 % of the yield exceeding the comparison index, calculated daily over 12 months.
Initial Charge 1.00%
Redemption Charge 1.00%

Purchase Details

Initial Investment 100.00
Additional Investment 100.00

Filings

Kululiite_Aktia
Avaintietoesite Sijoitusrahasto Aktia Nordic High Yield kasvu
Säännöt Sijoitusrahasto Aktia Nordic High Yield kasvu
Rahastoesite