Pharus Sicav Target has detached its ninth coupon
The Pharus team is pleased to inform you that on 16 February 2021, for the ninth consecutive year the dividend of the Pharus Sicav Target sub-fund has been distributed, equal to
- 6 EUR per share for class AD (ISIN LU0746320414)
- 4 EUR per share for the BD class (ISIN LU0746320505)
- 4 EUR per share for class Q (ISIN LU1136402432)
- 3 USD per share for the BH-USD class (ISIN LU0985039352)
- 2 CHF per share for the AH-CHF class (ISIN LU1582233844)
- 2 CHF per share for the BH-CHF class (ISIN LU1136402606)
The payment date will be February 19, 2021 for all classes.
Pharus Sicav Target even this year has achieved its goal of ensuring a high coupon flow investing in the various bond asset classes, mainly corporate High Yield, despite the delicate period experienced by the financial market.
This result was achieved thanks to the high quality of the assets within the portfolio - currently the average rating of the fund is kept at BB + -, to the adequate risk/return level aimed at safeguarding the interests of investors and to the high diversification, both sectorial and geographical.
Considering the environment of mostly negative interest rates around the world, the fund once again hit the target.
The contents of this informative message are the result of the free interpretation, evaluation and appreciation of Pharus Asset Management SA and constitute simple food for thought.
Any information and data indicated have a purely informative purpose and do not in any way represent an investment advisory service: the resulting operational decisions are to be considered taken by the user in full autonomy and at his own exclusive risk.
Pharus Asset Management SA dedicates the utmost attention and precision to the information contained in this message; nevertheless, no liability shall be accepted for errors, omissions, inaccuracies or manipulations by third parties on what is materially processed capable of affecting the correctness of the information provided and the reliability of the same, as well as for any result obtained using the said information.
It is not permitted to copy, alter, distribute, publish or use these contents on other sites for commercial use without the specific authorization of Pharus Asset Management SA.