Avaron High Yield Bond Fund
Avaron high yield bond fund aims to take advantage of high interest rate environment, investing into high yield bonds mainly in the Baltics and Emerging Europe.
Large coupons protect investors in the falling market. Should economies go into recession and markets dive down, large coupons that companies pay on their debt today smoothen investor returns. Historically fixed income markets have recovered faster than equity markets from market turmoil.
Avaron has strong experience in investing into high yield bonds. Avaron Active Multi-Asset Fund has invested into high yield bonds 15+ years. Our team’s experience in navigating equity market cycles and investing in equities is 25+ years.
Investing in Avaron high yield bond portfolio provides you with a diversified portfolio of high yield bonds in one go. The portfolio is diversified between different sectors and countries. Compared to private investors Avaron has access to new bond issues targeted to professional investors. We see much higher rates in primary issues compared to after market trading, thus investing into high yield requires proper access to information on new issues.
Performance overview
As of 2026-10-27
The rate of return achieved by the Fund in past periods does not guarantee the rate of return of the Fund in future periods.
Fund facts
| FEES | A UNIT | B UNIT | C UNIT | D UNIT |
| Min initial investment | 100 EUR | 100 EUR | 250 000 EUR | 1 000 000 EUR |
| Management fee | 0.9% | 0.3% | 0.75% | 0.55% |
| Performance fee | - | 9% of return,
high-water mark | - | - |
| Subscription fee | 0.5% | 0.5% | 0.5% | 0.5% |
| ISIN | EE3600001855 | EE3600001863 | EE3600001897 | EE3600001905 |
UCITS, public common investment fund
Determined by the Management Company in exercising active portfolio management strategy, subject to its professional assessment and the prevailing market circumstances.
Markit iBoxx EUR Liquid High Yield Index TRI
Main Countries Invested in
Estonia, Latvia, Lithuania, Luxembourg, Norway, Sweden, Romania, Greece, Germany, Austria.
Subscription every business day, redemption up to 500,000 EUR every business day, larger amounts with 10 business days, one month or two months prior notice depending on the amount (see from prospectus)
AS Avaron Asset Management, registry code 11341336
Narva mnt 7D, 10117 Tallinn, Estonia
Valdur Jaht, Peter Priisalm, Rain Leesi
Fund Administration, Depositary,
NAV Calculation, Transfer Agent
Swedbank AS, registry code 10060701, registered address: Liivalaia 34, 15040 Tallinn, Estonia. Contact: ta@swedbank.ee; Fax: +372 613 1822
Financial Supervision Authority of Estonia, registered address: Sakala 4, 15030 Tallinn, Estonia. Website: www.fi.ee
KPMG Baltics OÜ, registered address: Narva mnt 5, 10117 Tallinn, Estonia, registry code 10096082. Website: www.kpmg.com/ee
AS PricewaterhouseCoopers Advisors, registered address: Pärnu mnt 15, 10141 Tallinn, Estonia, registry code 10325507. Website: www.pwc.com
