(Free Content) Bond Fund Performance Rankings: July

Taking a look at how the largest and top performing funds fared in July 2017 – in the investment grade space, the usual suspects came out on top. On performance and reasonable size (of funds) it’s the Nordea 1 and Schroder ISF Euro Credit Convct funds which catch the eye returning 19% and almost 8%, respectively.

For the largest funds, again the Schroders ISF Euro Corp fund returns a solid 5.8% (AUM €8.4bn) in the 3 months to end July while it also outperforms in the year to end July with 3.1% of performance. Only the MS INVF Euro Corp fund comes close.

>>See the full IG Euro Performance tables<<

In euro HY, the two funds which consistently stick out are the €969m Schroders ISF fund and the Evli European HY fund (AUM €865m). They have reasonable size and consistent performance, returning 8% and 7.7%, respectively, in the three months to July and almost 10% in the year to end July.

The €3.7bn Fidelity and €2.8bn UBS European HY funds have also generated solid performances given their size. On the other hand, the €3.8bn Pictet euro short term fund returned just 1.6% in the 3-months and 2.1% in the year, both to end July. Once again, small is beautiful with 20%+ returns garnered for the little ones while Schroders and Evli come out in the top 20 there, too.

>>See the full HY Euro Performance tables<<

In sterling, the high grade market performance has the £242m Liontrust Monthly Income Bond Z fund deliver a worthy 9.4% although the TwentyFour Corporate Bond I fund (AUM £426m) has delivered a perky 7%+, both in the 3-months to end July.

For the bigger funds, the IP Corporate Bond Acc is a notable outperformed with 7.24% in the 3 months to July and 4% in the year to end July.

L&G High Income (AUM £1.4bn) has delivered 7.5% and 11.7% in the 3 month and 12-month to end July, respectively and is a notable outperformed in the high yield space.

>>See the full Sterling IG and Sterling HY Performance tables<<