Telos has rated Sparinvest High Yield Value Bonds AAA-

TELOS has rated the Sparinvest High Yield Value Bonds.
The fund meets very high quality standards and receives the grade "AAA-" on a scale from A to AAA (highest quality standards).

The fund rating of TELOS evaluates in a qualitative way the stringency of the investment process, the person of the fund manager and the fund management team as well as the process quality management. The adherence to ethical principles such as fund clarity and - truth are used as a yardstick. The performance results of the Fund provide a futher measure to assess the consistency of the investment process.

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