Kames Investment Grade Bond GBP B Inc (FUND:B142F70) - Fund price


Fund Report

Kames Investment Grade Bond Fund GBP B Inc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager Name-
Inception Date01/06/2006
NAV 19/11/2019GBX 126.13
Day Change-0.01%
12 Month Yield2.36%
ISINGB00B142F707
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2019620.16 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.77%
AMC0.75%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP Collateralized&Corp TR

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Morningstar Analyst Rating™ *

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

How has this security performed
201420152016201720182019
Fund10.811.178.386.78-3.849.31
Category10.680.389.714.84-2.319.54
Benchmark12.200.4910.664.33-1.539.60
  • Fund: Kames Investment Grade Bond Fund GBP B Inc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 19/11/2019
FundCatBmark
YTD8.749.098.89
3 Years Annualised4.584.554.64
5 Years Annualised4.564.805.01
10 Years Annualised6.216.326.24

Morningstar SRRI

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

Investment Objective

The investment objective is to maximise total return (income plus capital). To invest primarily in investment grade and government bonds denominated in sterling and other currencies. The Fund may hold up to a maximum of 20% in high yield bonds. A minimum of 80% of the Fund will be hedged back into sterling. The Fund may also invest in derivative instruments and forward transactions. A maximum of 10% of the Net Asset Value of the Scheme Property of the Fund may be invested in units or shares of other collective investment schemes. It is intended that investment in such other collective investment schemes will be predominately in approved money market instruments The Fund may also hold cash, near cash and deposits. The Fund may also invest in approved money market instruments.

Portfolio Profile31/10/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds111.720.00111.72
Cash28.2942.40-14.10
Other2.380.002.38
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond68.10
Government Related26.75
Future/Forward22.06
Agency Mortgage Backed9.12
Asset Backed7.80
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Short Gilt Future Dec19 2019-12-27United Kingdom17.35
European Investment Bank 2.5% 2022-10-31Supranational2.37
European Investment Bank 5.38% Supranational1.76
Telereal Securitisation plc 4.01% 2031-10-12United Kingdom1.56
Cadent Finance PLC 2.63% United Kingdom1.50
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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