A powerful efficiency and restoration in June as disaster bond spreads largely got here again into line has helped the first-half 2024 common return of UCITS disaster bond funds attain 4.72%, in accordance with the Plenum CAT Bond UCITS Fund Indices.
As we reported after Might, the disaster bond unfold widening that was seen had dented returns for that month, which meant the year-to-date return for the Plenum UCITS Cat Bond Fund Index common was barely decrease at 3.84% by the end of last month.
However June has seen the Plenum CAT Bond UCITS Fund Indices rising by 0.86%, on common throughout the cat bond funds that it tracked.
Which has lifted the year-to-date efficiency, for the first-half of 2024, as much as 4.72%.
Analyse cat bond fund efficiency utilizing the Plenum CAT Bond UCITS Fund Indices, which tracks the efficiency of a basket of cat bond funds structured within the UCITS format and supplies a broad benchmark for the efficiency of cat bond funding methods.
Click on the chart under for an interactive model and index growth by week.
Notably, 4.72% is already the fourth highest annual return within the historical past of Plenum’s UCITS disaster bond fund Index.
Decrease danger UCITS cat bond funds averaged 4.47% for the first-half of this 12 months, whereas the upper danger cat bond fund methods averaged 4.87%.
The rolling 12 month return for the cat bond fund index now stands at 11.21% for the typical, 11.96% for the capital weighted model of this Index.
Analyse UCITS cat bond fund efficiency, utilizing the Plenum CAT Bond UCITS Fund Indices.
Analyse UCITS catastrophe bond fund assets under management using our charts here.
Analyse catastrophe bond market yields over time using our new chart.
