Muzinich Enhancedyield S-T HGBP Inc A (FUND:3375932) - Fund price - Overview


Fund Report

Muzinich Enhancedyield Short-Term Fund Hedged GBP Income A Units

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager Name-
Inception Date03/12/2009
NAV 21/03/2019GBP 93.80
Day Change0.02%
12 Month Yield3.14%
ISINIE0033759329
SEDOL3375932
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/20189,228.19 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment75,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.50%
AMC0.45%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE BofAML 1-3Y German Govt TR EUR

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 28/02/2019

How has this security performed
201420152016201720182019
Fund1.670.965.033.31-0.831.84
Category4.430.345.774.55-2.852.52
Benchmark7.921.393.661.930.100.85
  • Fund: Muzinich Enhancedyield Short-Term Fund Hedged GBP Income A Units
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 21/03/2019
FundCatBmark
YTD2.473.291.94
3 Years Annualised2.933.241.57
5 Years Annualised2.342.692.98
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

To achieve a high level of income and long term capital growth with limited volatility

Portfolio Profile31/12/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.830.1098.73
Cash63.8963.460.43
Other0.840.000.84
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond86.99
Bank Loan4.36
Government Related3.75
Swap3.25
Convertible0.84
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioBp91083q Cds Eur R V 03mevent Cdx Buy Ccp Ice Chas 20211220 2021-12-20United States2.68
UBS AG 344.75% 2026-02-12Switzerland1.68
Credit Suisse AG 405.75% 2025-09-18Switzerland1.33
Barclays Bank plc 247.62% 2025-11-11United Kingdom1.32
Caixabank S.A. 237.75% 2028-07-14Spain1.00
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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