Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Julius Baer BF Total Return-EUR B

Ranked 6 out of 11 in - Absolute Return EUR over 12 months
All calculations are in GBP

Managed by

Bogdan Manescu

Currently based in Zürich, Bogdan Manescu is a portfolio manager at Swiss & Global Asset Management. He joined the company in 2009 and specialises in fixed income. Since 2010 he has managed the Julius Baer BF Total Return fund, and also runs institutional mandates and uses a macro, fundamental investment style. Born in Bucharest in Romania, Manescu has a Master’s degree in econometrics from the University of Technology in Darmstadt, Germany and a PhD from the University of St. Gallen. Bogdan is a member of the CFA Institute and enjoys tennis and skiing outside of work.

Enzo Puntillo

Enzo Puntillo is Head of the Fixed Income team and Portfolio Manager Fixed Income Emerging Markets. Prior to joining Swiss & Global Asset Management (formerly Julius Baer Asset Management) in October 2005, he managed institutional bond and fund mandates at UBS Global Asset Management in Zurich with a focus on global emerging market debt and crossover products. Prior to that he was a fixed income trader at Paribas. Enzo Puntillo holds a degree in Business Administration and Economics from the University of Applied Science of Basel and he is a Certified European Financial Analyst (CEFA). He is based in Zurich.


The fund is suitable for investors wishing to invest in an actively managed global bond portfolio. The aim of the fund is to achieve steady positive returns through interest income and capital gains by investing predominantly in government and corporate bonds worldwide. Dynamic risk allocation is intended to actively increase expected returns, but not risk, over time.


Absolute Return EUR over : 30/04/2014 - 30/04/2015

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 -7.1%
2014 -4.2% 1.2% -1.5% -3.0% -0.9%
2013 1.0% 4.1% 0.4% -2.8% -0.6%
2012 5.0% 3.7% -3.2% 0.9% 3.6%
2011 -1.4% 5.0% 3.1% -7.0% -2.0%
2010 3.5% 3.2% -7.4% 8.7% -0.3%
2009 0.1% -4.6% -4.8% 10.1% 0.1%
2008 28.6% 9.8% -2.4% -0.4% 20.4%
2007 8.4% 0.8% -2.2% 4.2% 5.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Chile
  4. Cyprus
  5. Estonia
  6. France
  7. Germany
  8. Italy
  9. Latvia
  10. Liechtenstein
  11. Lithuania
  12. Luxembourg
  13. Netherlands
  14. Portugal
  15. Spain
  16. Sweden
  17. Switzerland
  18. United Kingdom

Fund Info

  • Launch date02/10/2006
  • Share Class size76Mn
  • Base currencyEUR
  • ISIN LU0012197827

Purchase Info

  • Min. initial investment0
  • Min. additional investment0


  • Annual management0.8%

Related News

Can fixed income confound expectations in 2014?

Where is the value for bond investors?

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).