Bonds

A bond is a portion of a loan issued by a company, a public-sector entity or a national government (i.e., the issuer). A bondholder generally receives an interest coupon periodically that is calculated on the basis of the bond’s nominal value. Upon maturity, the bond is repaid by the issuer and the investor recovers his initial investment.

This type of investment offers the advantage of visibility, as bond yields are composed of interest and repaid principal. It offers potential gains and risk that are intermediate among the various asset classes.

There are many categories of bonds with various features. CPR AM’s teams operate across the entire spectrum of bond investments with a wide range of traditional or innovative solutions.

BOND MANAGEMENT AT CPR AM

An experienced investment management team

The Fixed-Income and Corporate Bond department was set up at the same time as CPR AM and has more than 20 years’ experience. With its 8 investment managers and 2 credit strategists, the team operates on a global universe and taps into several sources of added value.

Abundant credit research capacities

The managers select corporate issuers using a dual credit research set-up that combines Amundi’s heavy resources and its credit research desk with the proximity of CPR AM’s fully dedicated credit strategy desk, which is integrated directly into the investment management teams.

An investment process that has proven itself

The approach developed by CPR AM over more than 20 years combines the investment management teams’know-how and in-depth knowledge of the assets concerned with constant management of risks.

This type of investment management offers no performance guarantee and incurs a risk of loss of capital. The main risks incurred in bonds are interest-rate, credit and forex risks. Refer to the fund’s legal documentation for detailed information on its risk profile.

KEY POINTS OF BOND MANAGEMENT AT CPR AM

COVERAGE OF THE ENTIRE SPECTRUM OF BOND INVESTMENT

A WIDE RANGE OF INVESTMENT SOLUTIONS WITH VARIOUS STRATEGIES

A DEDICATED AND EXPERIENCED INVESTMENT TEAM