Hermes Multi-Strategy Credit F GBP Inc (FUND:BKRCN76) - Fund price


Fund Report

Hermes Multi-Strategy Credit Fund F GBP Distributing

Key Stats
Morningstar® CategoryGlobal Flexible Bond
Manager NameFraser Lundie
Inception Date09/07/2014
NAV 19/09/2019GBP 1.42
Day Change0.04%
12 Month Yield3.19%
ISINIE00BKRCN768
Dividend FrequencySemi-Annually
Net Assets (mil) 31/08/2019921.06 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time09:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.72%
AMC0.65%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

FTSE World Eur Ex UK TR USD

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR USD

Growth Of 10,000 (GBP) 31/08/2019

How has this security performed
201420152016201720182019
Fund-5.8329.45-4.013.5814.15
Category-1.0125.260.220.069.65
Benchmark-2.4521.77-1.904.9412.33
  • Fund: Hermes Multi-Strategy Credit Fund F GBP Distributing
  • Category: Global Flexible Bond
  • Benchmark: Bloomberg Barclays Global Aggregate TR USD
Trailing Returns % (GBP) 19/09/2019
FundCatBmark
YTD12.217.858.46
3 Years Annualised6.334.523.44
5 Years Annualised9.607.877.52
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Fund is to generate a high level of income targeting a high proportion of high yield credit returns while exhibiting lower volatility relative to the global high yield market.

Portfolio Profile31/08/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.310.001.31
Bonds95.925.0290.89
Cash134.10131.892.21
Other5.710.125.59
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.53
Convertible5.77
Bank Loan2.98
Cash & Equivalents2.07
Government Related1.50
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
BHP Billiton Finance Ltd. 6.5% 2077-10-22Australia3.55
Dell International L.L.C. and EMC Corporation 6.02% 2026-06-15United States2.66
Enbridge Incorporation 5.5% 2077-07-15Canada2.45
Ardagh Packaging Finance plc / Ardagh Holdings USA Inc. 4.75% 2027-07-15Ireland2.42
Air Lease Corporation 3.62% 2027-12-01United States2.40
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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