Aegon Euro Credits Fund
Fund description

The Aegon Euro Credits Fund is an actively managed fund seeking out the best alpha opportunities in euro corporate bond markets. Our high-conviction approach capitalises on inefficiencies to generate outperformance of the Bloomberg Euro-Aggregate Corporates Index. We specialise in adding value through security selection driven by robust bottom-up credit research.

 
Key performance drivers

  • High conviction security selection – We believe it is only through thoroughly identifying and analyzing investment ideas that active portfolio management can add value. Our rigorous security selection process ensures every bond earns its place in a concentrated portfolio.
     
  • Credit relative value - We continuously look to source additional alpha from anomalies in the market, trading one bond against another. These inefficiencies can arise across sectors, within the capital structure or on the credit curve.

  • Top-down positioning – We incorporate macroeconomic research into our top-down strategy approach to determine the overall risk appetite relative to the benchmark.

 

Distinguishing characteristics

  • Clear and transparent process:Our investment process is time-tested and is based on thorough top-down and bottom-up research inputs. This combination allows us to add value throughout the investment cycle. All our research is organized along the lines of four unique dimensions (‘quadrant approach’), bringing structure and discipline to the decision making process.

  • Consistent outperformance across all market conditions:the strategy has delivered outperformance over the last 24 years, consistently outperforming the benchmark, generated without buying high yield bonds.

  • Research-intensive process, high conviction ideas: Our experienced and cohesive portfolio managers construct concentrated, high conviction portfolios based on the recommendations of our dedicated global research team of 33 credit analysts with in-depth industry knowledge across the quality spectrum.
Fund changes from 21 February 2024

Please note that the following share classes for this fund closed on 21 February 2024. A letter detailing options for shareholders in these share classes was issued on 22 January 2024 and you will find a copy HERE.
 

Fund

Share class

ISIN Code

Aegon Euro Credits Fund

B Acc EUR

IE00BZ005983

 
Prospective investors are advised to read this letter in advance of investing.

Key facts
Shareclass
Class I Acc
ISIN
IE00BZ005B08
SEDOL
BZ00598
SRRI
1
2
3
4
5
6
7
Key document
Factsheet
Literature
All Documents
Download
Prospectus Aegon UCITS ICAV - 30 November 2022
Supplement Aegon Euro Credits Fund - 15 January 2024
SFDR Website disclosure - Aegon Euro Credits Fund
Aegon Asset Management Europe ICAV Annual Report
Aegon AM NL Sustainability Risks and Impacts Policy
Fund details
Shareclasses
Share Class Name
ISIN
SEDOL
Details
Fund managers
Johan Rol
Portfolio Manager

Johan Rol is a portfolio manager in the fixed income, LDI and investment solutions team with a focus on credits.

Spencer Hogeweg
Portfolio Manager

Spencer Hogeweg is a portfolio manager high yield credits. He is the lead portfolio manager of the European high yield bond strategy.