Kames High Yield Bond GBP B Inc (FUND:B1N9DY5) - Fund price


Fund Report

Kames High Yield Bond Fund GBP B Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date01/03/2007
NAV 18/07/2019GBX 97.86
Day Change-0.19%
12 Month Yield5.17%
ISINGB00B1N9DY51
SEDOLB1N9DY5
Dividend FrequencyMonthly
Net Assets (mil) 30/06/2019498.56 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.79%
AMC0.75%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE BofAML Gbl HY Constnd TR HGBP

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Morningstar Analyst Rating™ *

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
201420152016201720182019
Fund4.00-1.617.745.35-2.228.81
Category1.63-2.6511.735.82-3.927.85
Benchmark2.71-2.1115.666.71-3.608.71
  • Fund: Kames High Yield Bond Fund GBP B Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 18/07/2019
FundCatBmark
YTD9.168.148.75
3 Years Annualised4.714.525.27
5 Years Annualised3.523.334.28
10 Years Annualised8.347.869.09

Morningstar SRRI

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

Investment Objective

The fund seeks tomaximise total return (income plus capital). To invest in a portfolio of predominately: high yield bonds and selected investment grade bonds. The Fund may hold sterling and other currency denominated bonds hedged back to 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 Profile30/06/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.150.001.15
Bonds91.760.0091.76
Cash89.1489.61-0.47
Other7.560.007.56
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond91.11
Future/Forward89.00
Convertible7.65
Asset Backed1.71
Cash & Equivalents-89.48
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Unitymedia KabelBW GmbH 6.13% Germany2.10
Pinnacle Bidco Hld 6.38% United Kingdom2.08
NASSA TOPCO AS 2.88% Norway1.96
ARQIVA BROADCAST FINANCE PLC 6.75% 2023-09-30United Kingdom1.90
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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