DECALIA SA is delighted to announce that its flagship fixed income strategy, DECALIA Global Income (ISIN: LU2088672378), has been awarded Morningstar’s highest rating of 5 stars in the Global Bond category. This prestigious rating recognizes the fund’s outstanding and consistent performance over the past three years in its institutional share class, underscoring DECALIA’s commitment to delivering strong, risk-adjusted returns. The fund has outperformed the Bloomberg Barclays Global Aggregate USD Unhedged Index by approximatively 3.7% annually over the past three years (as of October 15, 2024).
Our investment strategy has been shaped by a clear economic outlook since 2022, positioning us to anticipate a “soft landing” with no imminent recession and a gradual rate normalization by the Federal Reserve. Looking ahead, we maintain a cautiously optimistic view, expecting moderate growth and manageable inflation, while continuing to seek selective opportunities and manage risks across diverse markets.
Morningstar’s 5-star rating is awarded to only the top 10% of funds in each category, based on a rigorous, risk-adjusted return metric and requiring at least a three-year track record.
Fabrizio Quirighetti, Chief Investment Officer and lead Portfolio Manager, commented: “Our team is thrilled to receive this recognition from Morningstar. The 5-star rating further confirms that our investment process can compete with, and indeed rival, much larger fixed-income firms.”
He added, “In a market increasingly dominated by passive strategies, we remain convinced that active management in fixed income is essential, allowing us to find unique opportunities beyond the reach of larger, passive funds.”
Fabrizio Quirighetti
Chief Investment Officer
Lead Portfolio Manager
About DECALIA Global Income Fund
DECALIA Global Income aims to generate a steady income stream through a diversified allocation across a broad range of fixed income segments and securities. The fund’s flexible approach allows the management team to invest dynamically and in an efficient way across various types of bonds, based on their assessment of economic trends, valuation opportunities and risks.
Key Features of the DECALIA Global Income Fund:
- Global Reach: Flexible geographic allocation, with up to 30% exposure to emerging markets, allowing dynamic adjustments to target specific countries, currencies, sectors, capital structures, or maturity buckets as required.
- Flexible Credit Ratings: Portfolio includes a broad range of credit ratings—from investment-grade to high-yield and unrated securities—with an expected average rating of Investment Grade
- Delivering Superior Risk-Adjusted Returns: Aiming for 3-5% targeted volatility over a 3-year horizon, below a global aggregate benchmark, with the potential for enhanced returns.
For more information about DECALIA Global Income and other DECALIA SA investment solutions, please contact us at info@decalia.com or visit www.decalia.com
About DECALIA group
Established in Geneva in 2014, DECALIA SA is an investment management company focusing on Wealth Management, Asset Management and Private Markets. With more than 70 employees and assets under management that stand at CHF 5.2 billion, DECALIA has expanded rapidly, in particular thanks to its active-management experience built up over the last 30 years by its founders. Geared to practical solutions, DECALIA is devoted entirely to generating a higher risk-adjusted performance for its clients, while ensuring the highest level of service. The fundamental values that shape its DNA and underpin its actions are dedication, innovation and team spirit. Its investment philosophy is based on several fundamental principles: stringent risk management, capital preservation, an active management style and selection of the best talent. DECALIA is regulated by FINMA through a collective asset manager’s licence. In addition to its Geneva headquarter, the group has offices in Zurich and Milan.
Legal information
This is a marketing document issued by DECALIA SA and it relates to DECALIA Global Income Fund, a sub-fund of DECALIA SICAV (the “Fund”). It is neither directed to, nor intended for distribution or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. Only the latest version of the Fund’s prospectus, articles of incorporation, Key Information Document (“KID”), annual and semi-annual reports may be relied upon as fund the basis for investment decisions. Before making any final investment decision you should read the prospectus and the KID for each fund in which you want to invest. These documents are available on www.decalia.com or at FundPartner Solutions (Europe) S.A.,15 Avenue J.F. Kennedy, L-1855 Luxembourg, or free of charge from the representative in Switzerland and from the distributors in Italy. The information and data presented in this document are not to be considered as an offer or solicitation to buy, sell or subscribe to any securities or financial instruments. Information, opinions and estimates contained in this document reflect a judgment at the original date of publication and are subject to change without notice. Before making any investment decision, investors are recommended to ascertain if this investment is suitable for them in light of their financial knowledge and experience, investment goals and financial situation, or to obtain specific advice from an industry professional. Past performance does not predict future returns. Investment in the Fund and its sub-funds involves risks. Full information on risks is available in Section 33, “Risk considerations” of the Fund’s prospectus. This marketing material is not intended to be a substitute for the Fund’s full documentation or for any information which investors should obtain from their financial intermediaries acting in relation to their investment in the fund or funds mentioned in this document. Future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. The Fund may decide to terminate the arrangements made for the marketing of the sub-funds in single EU Member States in accordance with Article 93a of Directive 2009/65/EC. Paying agent in Switzerland: Banque Pictet & Cie SA, 60 route des Acacias, 1211 Genève, Suisse. Representative in Switzerland: FundPartner Solutions (Suisse) S.A., Route des Acacias 60, 1211 Genève, Suisse. The place of execution and jurisdiction in connection with the shares distributed in or from Switzerland is at the registered office of the Representative. A summary of investor rights is available in English on https://www.group.pictet/media/sd/176b100ab205a6e6aef82b0250138f889675b903. The list of the Fund’s distributors in Italy is available on www.decalia.com.
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