The US dollar is extremely overvalued and if history is any guide it is poised for a substantial multi-year fall. According to our Purchasing Power Parity (PPP) valuations, it is now overvalued against every major currency in the world.
This strategy invests in treasury, government-related, corporate and securitized fixed-rate bonds from European issuers, with an allowance for opportunistic exposure to the emerging markets issuers. The strategy is typically benchmarked to the Bloomberg Barclays Euro Aggregate Bond Index and can be managed on a currency hedged or unhedged basis.
Some of the longest track records in the industry – also, some of the strongest
*Please refer to www.unpri.org for the Principles for Responsible Investments (“PRI”) assessment methodology. Mondrian’s full Assessment Report and Transparency Report may be requested via the PRI Data Portal.
European Aggregated Fixed Income Composite (EUR)
European Aggregated Fixed Income Composite (EUR)
Characteristic | ||
---|---|---|
Yield to Maturity (%) | ||
Modified Duration (years) | ||
Average Maturity (years) | ||
Average Credit Rating | ||
Number of Issues | ||
Information Ratio (3 years) |
Source: Mondrian Investment/Bloomberg Barclays
European Aggregated Fixed Income Composite (EUR)
European Aggregated Fixed Income Composite (EUR)
European Aggregated Fixed Income Composite (EUR)
The US dollar is extremely overvalued and if history is any guide it is poised for a substantial multi-year fall. According to our Purchasing Power Parity (PPP) valuations, it is now overvalued against every major currency in the world.
A green bond is one whose proceeds are directed exclusively to financing projects that have a positive environmental impact. However there is still no one widely accepted definition of what constitutes green.
© 2021 Mondrian Investment Partners Limited is authorised and regulated by the Financial Conduct Authority – Firm Reference Number 149507.
All information is as of December 31, 2020 unless otherwise noted.
Weighted Average Market Cap – The portfolio-weighted average market capitalizations of all equity securities.
Portfolio Turnover – A measure of how frequently assets within a fund are bought and sold by the managers.
Price-to-Earnings – The Price to Earnings Ratio is a stock’s current price divided by the company’s trailing 12-month earnings per share from continuous operations.
Price-to-Book – The Price to Book Ratio links the stock/share price of a company with the book or accounting value of shareholders’ equity per share.
Dividend Yield – The Dividend Yield is the portfolio-weighted average of the annualized gross dividend per share figure of all portfolio holdings.
By clicking SUBMIT, you are agreeing to our Privacy Policy, which can be found here. Once confirmed, you will be subscribed to our mailing list. We will retain your email address in order to send the requested information. You can unsubscribe or change your details at any time. We will send no further information nor subscribe you to the list until you confirm your request. If this is in error and you would not like to receive updates please close this box without clicking SUBMIT.
201 King of Prussia Road
Suite 620
Radnor, PA 19087
United States