Disaster bond funds within the UCITS format tracked by the Plenum CAT Bond UCITS Fund Indices averaged a 1% return for November, taking their year-to-date return to a mean of 12.57%.
It’s indicative of the continued robust returns being loved by disaster bond buyers in 2024, with this already set to be the second-best return for this Index since its inception.
In reality, the 12.57% return for 2024 as much as and together with November twenty ninth, is now double the common return achieved by UCITS cat bond funds in 2013, the subsequent greatest yr of efficiency.
The rolling 30-day return can be larger than the 1% common return for the 29 days of November. Wanting again to the closest Index pricing date earlier than that of October twenty fifth, the common return of UCITS disaster bond funds for that simply over one month interval was truly a really spectacular 1.63%.
With one month nonetheless to go till the full-year figures can be found for the Plenum CAT Bond UCITS Fund Indices, the overall for 2024 might even see a mean UCITS cat bond fund efficiency of approaching 13.5%, it now appears.
The rolling twelve-month return, on common, for this UCITS cat bond fund index has now reached 13.25%.
Decrease-risk cat bond funds tracked by the Index are actually averaging 12.31% year-to-date and 12.90% for the final 12-months.
For the higher-risk group of cat bond funds this Index tracks, the YTD common has reached 12.73% and the 12-month rolling return is sitting at 13.49%.
As we reported earlier, the catastrophe bond market yield dipped to 10.31% at the end of November, on seasonality and resulting from tightening.
With the hurricane season now over, it’s anticipated the yield widens once more, reflecting the enticing alternatives accessible in disaster bond investments at the moment.
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.
