rostyslav-savchyn-1178841-unsplash

Monthly report September 2021 - HYOF

The High Yield Opportunity Fund continued to deliver good returns in September with a monthly result of plus 0.95 %, and a total of 5.04 % during the first 9 months of the year.
I consider it entirely possible to achieve a target return of 7% for the full year 2021.
There is still a shortage of materials in the primary market and great demand in the secondary market.
The market expects that new issues will take place during the last quarter of 2021, which may increase supply somewhat.
Credit spreads performed well during the stock market and interest rate turbulence at the end of September, which was primarily driven by higher inflation expectations in the US, which in turn drove up long-term interest rates and stock markets.
Regarding Evergrande in China, it has had a marginal impact on credit securities in the Nordic region.
In general, there is concern in the market for inflation in the US, higher energy prices in the world, and a shortage of semiconductors.
I estimate that we will have a continued good market and that we will achieve our goal of 7% return for the full year 2021

Share posts

Share on facebook
Share on twitter
Share on linkedin
Share on print
Share on email
Emma Westerberg

Just enter your details and we will contact you as soon as possible to find a time to book a meeting.

Please note that we can not accept inquiries below SEK 20 million.

Or call us