French boutique Anaxis Asset Management has launched European Bond Opp. 2022, a dated bond fund maturing on 31 December 2022.
The fund invests in corporate bonds maturing close to 2022, primarily in European industrial and non-financial services sectors.
Yield-to-maturity reached around 5% as of 10 May 2017.
A fundamental approach relying on in-depth credit analysis is applied to the fund.
The fund targets an annualised net return of 3% over the German sovereign bond 2022.