Kames High Yield Bond B Acc (FUND:3142556) - Fund price - Overview

Fund Report

Kames High Yield Bond B Acc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date22/03/2002
NAV 17/11/2017GBX 271.88
Day Change0.27%
12 Month Yield4.89%
ISINGB0031425563
SEDOL3142556
Dividend FrequencyMonthly
Net Assets (mil) 30/09/2017917.76 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.79%
AMC0.75%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BBgBarc Global High Yield TR USD

Morningstar® Benchmark

BofAML Gbl HY Constnd TR HGBP

Morningstar Analyst Rating™

Neutral

Growth Of 10,000 (GBP) 31/10/2017

How has this security performed
20132014201520162017
Fund5.554.00-1.617.745.62
Category6.341.63-2.6511.736.00
Benchmark7.312.71-2.1115.666.97
  • Fund: Kames High Yield Bond B Acc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: BofAML Gbl HY Constnd TR HGBP
Trailing Returns % (GBP) 17/11/2017
FundCatBmark
YTD5.005.426.28
3 Years Annualised3.424.745.89
5 Years Annualised4.625.066.43
10 Years Annualised6.636.858.18

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund invests solely in the Kames High Yield Bond fund, a sub-fund of Kames Capital ICVC, a UK authorised Open Ended Investment Company, managed by Kames Capital PLC. The underlying fund seeks to maximise total return (income plus capital) by investing in a portfolio of predominantly high yield bonds and selected investment grade bonds. The underlying fund may hold Sterling and other currency denominated bonds hedged back to Sterling. Investments in emerging markets tend to be volatile and are usually considered to carry a greater degree of risk than investments in established markets. This relates to dealing, settlement and custody practices, the possibility of political or economic instability, and developing legal, fiscal and regulatory structures. The underlying fund invests into a relatively small number of assets, or into individual countries or a specific market sector.

Portfolio Profile30/09/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds84.754.0780.68
Cash99.1590.688.47
Other10.850.0010.85
Top Fixed Income Sectors
Fixed Income Sector%
Future/Forward92.04
Corporate Bond91.04
Asset Backed2.44
Convertible1.01
Preferred0.74
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
US 10 Year Note (CBT) Dec17 2017-12-19United States4.07
Unitymedia Kabelbw Gmbh 144A 6.125% 2025-01-15Germany1.97
Access Midstream Prtnrs Lp/Acm 4.875% 2024-03-15United States1.94
Catalent Pharma Solutions 4.75% 2024-12-15United States1.91
Stichting Ak Rabobank Cert FRN 2049-12-29Netherlands1.91
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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