News archive
20-04-2010
Low default rate and value effects continue to drive performance in High Yield Value Bonds“We expect to benefit from the small-cap premiums present in our portfolio” says Klaus Blaabjerg, Chief Portfolio Manager of Sparinvest High Yield Value Bonds. He explains why the fund is performing very well due to its focus on cheap smaller companies, forgotten by the marketplace, and the use of the value strategy which has resulted in a default rate of 0% compared to 7% in the market in general.
Sparinvest S.A. | 28, Boulevard Royal | L-2449 Luxembourg | Phone: +352 26 27 47 1 | Fax: +352 26 27 47 99