TCW Multi-Sector Fixed Income Fund
LU1109965431
Classe IU (USD)
100.00 12/09/2014
A Flexible Multi Sector Bond Fund
TCW Unconstrained Bond Fund was officially renamed on July 8th, 2024.
The Sub-Fund seeks to provide investors with positive long-term returns irrespective of general securities market conditions. The Sub-Fund invests (except when maintaining a temporary defensive position) directly at least 80% of
its net assets in securities and instruments qualifying as bonds in the U.S. and abroad, including Emerging Market Countries, and in derivative instruments that provide investment exposure to such securities. The Sub-Fund may purchase securities of varying maturities issued by domestic and foreign corporations and governments. The Sub-Fund may invest in both investment grade and high yield fixed income securities (commonly called “junk bonds”), subject to investing no more than 50% of its total assets (measured at the time of investment) in securities rated below investment grade by Moody’s, S&P or Fitch, or, if unrated, determined by the Investment Manager to be of comparable quality. The Sub-Fund is designed to maintain exposure to fixed income investments not limited to a single sector or theme.
The TCW Multi-Sector Fixed Income Fund is an ESG Promotion Sub-Fund and employs a proprietary ESG research framework to evaluate and score bonds and other securities. Factors incorporated in the proprietary research score vary by asset class and may include indicators such as factors related to physical and transition climate risk, lending standards and practices, deal terms and governance, and community impact among many other topics.
TCW Article 8 Sub-Funds aim to promote positive environmental and social characteristics, by investing in companies that are managing ESG and sustainability risks, that are meeting a minimum standard for sustainable investments, and where TCW seeks to leverage its influence as an investor to engage with portfolio companies in order to improve sustainability practices and outcomes.
![](https://www.prosperfunds.ch/wp-content/uploads/kane-steve-BW500.jpg)
Stephen
Kane
Co-CIO,
Generalist PM
![](https://www.prosperfunds.ch/wp-content/uploads/whalen-bryan-BW500.jpg)
Bryan
Whalen
Co-CIO,
Generalist PM
![](https://www.prosperfunds.ch/wp-content/uploads/ruben-hovhannisyan.jpg)
Ruben
Hovhannisyan
Group MD,
Generalist PM
![](https://www.prosperfunds.ch/wp-content/uploads/purdy-steven-BW500.jpg)
Steven
Purdy
Group MD,
Co-Head of Global Credit
![](https://www.prosperfunds.ch/wp-content/uploads/cudzil-jerry-BW500.jpg)
Jerry
Cudzil
Group MD,
Generalist PM
![](https://www.prosperfunds.ch/wp-content/uploads/TCW-logo-HD.jpg)
![](https://www.prosperfunds.ch/wp-content/uploads/B_risque2-300x61.png)
Potentially lower rewards
Potentially higher rewards
PERFORMANCE
Historical monthly returns (in %)
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD | |
2024 | 0.6 | -1.0 | 1.0 | -1.3 | 1.3 | 0.8 | 1.4 | ||||||
2023 | 2.5 | -1.4 | 1.6 | 0.7 | -0.4 | 0.1 | 0.6 | 0.1 | -1.1 | -1.0 | 3.3 | 3.0 | 8.1 |
2022 | -1.0 | -1.1 | -1.5 | -1.9 | 0.0 | -2.1 | 1.7 | -1.1 | -2.9 | -0.5 | 2.2 | 0.2 | -7.8 |
2021 | 0.3 | 0.0 | -0.1 | 0.4 | 0.4 | 0.2 | 0.3 | 0.1 | -0.1 | -0.4 | -0.4 | 0.3 | 1.1 |
2020 | 0.7 | 0.1 | -6.6 | 2.9 | 1.8 | 1.5 | 1.5 | 0.5 | 0.1 | 0.3 | 1.6 | 0.9 | 5.1 |
2019 | 1.0 | 0.4 | 0.9 | 0.7 | 0.5 | 1.0 | 0.2 | 0.6 | 0.0 | 0.6 | 0.1 | 0.4 | 6.5 |
2018 | -0.1 | -0.2 | 0.1 | 0.0 | 0.3 | 0.0 | 0.4 | 0.2 | 0.2 | -0.2 | -0.3 | 0.6 | 0.9 |
2017 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.3 | 0.3 | 0.3 | 0.0 | 0.3 | 0.3 | 0.1 | 3.2 |
2016 | 0.0 | -0.2 | 0.6 | 0.7 | 0.3 | 0.1 | 0.8 | 0.6 | 0.3 | 0.2 | -0.3 | 0.3 | 3.5 |
2015 | 0.1 | 0.3 | 0.1 | 0.3 | 0.1 | -0.2 | 0.0 | -0.3 | -0.2 | 0.1 | 0.0 | -0.1 | 0.2 |
2014 | 0.2* | 0.4 | 0.2 | -0.3 | 0.5 |
*Since inception (September 12nd 2014) to December 31st 2014.
Figures based on month-end NAVs
Statistics (in %) as of 28 jun 2024
Performance | Risk | |||||||
1M | 3M | 6M | 1Y | 3Y | Since inception | Annualized volatility | Max DD | |
Fund | 0.8 | 0.8 | 1.4 | 6.3 | 0.9 | 24.2 | 3.8 | -10.5 |
First NAV : 12Sep2014 – NAV at inception : USD 100.
All figures based on month-end NAVs. Risk data calculated since inception.
Information
Fund Type | Luxembourg SICAV – UCITS |
Income treatment | Accumulation / Distribution, according to classes |
Launch date | 12 September 2014 |
Base currency | USD |
Available currencies | USD EUR, GBP, CHF (hedged & unhedged) |
Manager | TCW Investment Management Company LLC www.tcw.com |
Quotation (NAV calcultation) | Daily (business days) |
Administrator | Société Générale, Luxembourg Branch |
Subscription/Redemption | Day D, cut-off 10pm CET |
Management fee | 0.70% p.a. for class I 1.40% p.a. for class A |
Performance fee | None |
Min. initial investment | Class A : None Class I : USD 1 mio or equivalent |
Lock-up | None |
Commercial fees (entry/exit) | None |
Custodian bank | Société Générale, Luxembourg Branch |
Auditors | Deloitte Audit |
Swiss legal representative | Acolin Fund Services AG |
Registration for distribution | AT, BE, CH, DE, ES, FR, GB, IT, LU (as per shares) – Contact us |
TCW FUNDS LATEST NEWS
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TCW – Q1 2024 Talking Points
TCW Q1 2024 TALKING POINTS The TCW Group comments the Fixed Income market for the first quarter 2024 and presents its views going ahead. Please click on the link below to read the TCW Q1 2024 Talking Points.PROSPER NEWS Get the latest fund...
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