Less than five years after its official launch, the Tendercapital Global Bond Short Duration fund has been awarded a 5-star rating by international information and analysis provider Morningstar.

This is the maximum recognition a fund can achieve by virtue of its performance within its reference category – for the Global Bond Short Duration this is the EUR Diversified Bond category.

Tendercapital Global Bond Short Duration is a global, long-only, unlevered bond fund that invests in short duration (0-3 years) government and corporate bonds denominated in EUR. The global portfolio exposure allows the management team to invest in companies active outside Europe with diversification benefits through exposure to economies in different phases of the economic cycle.

Characterised by low specific risk, low sensitivity to the rate cycle and inflation risk mitigation, the fund has a strong ESG rating of AA.
Daniele Monti, Head of Sales, commented: “We are very proud of the result achieved, which underlines our efforts to offer our investors an adequate and satisfactory risk/return balance, despite an extremely uncertain and volatile macroeconomic environment, weighed down first by the effects of the Covid-19 pandemic and then by the tensions between Russia and Ukraine and the inflation risk”.