City Financial Defensive Glbl Bd B Acc (FUND:B1VRNN0) - Overview

Fund Report

City Financial Defensive Global Bond B Acc

Key Stats
Morningstar® CategoryGlobal Bond - GBP Biased
Manager Name-
Inception Date02/04/2007
NAV 26/02/2016GBX 157.37
Day Change-0.19%
12 Month Yield0.44%
ISINGB00B1VRNN07
SEDOL
Dividend FrequencySemi-Annually
Net Assets (mil) 29/02/201614.81 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time10:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.86%
AMC1.50%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

IA Gbl

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Growth Of 10,000 (GBP) 29/02/2016

How has this security performed
20122013201420152016
Fund3.08-1.431.86-2.550.76
Category4.83-0.232.19-1.30-
Benchmark5.930.047.921.39-
  • Fund: City Financial Defensive Global Bond B Acc
  • Category: Global Bond - GBP Biased
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 26/02/2016
FundCatBmark
YTD0.764.213.35
3 Years Annualised-0.682.154.18
5 Years Annualised0.263.213.88
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective is to deliver consistent returns with minimal volatility and low correlation to most asset classes through a diversified portfolio of global fixed income securities, currencies and related derivatives. The Fund invests in a portfolio of global fixed income securities, primarily corporate bonds, with a significant exposure to investment grade, and government bonds issued by the G-10 economies.

Portfolio Profile29/02/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.040.000.04
Bonds49.050.0049.05
Cash36.010.0335.97
Other14.940.0014.94
Top Fixed Income Sectors
Fixed Income Sector%
Government44.93
Cash & Equivalents42.27
Corporate Bond12.65
Bank Loan0.06
Asset Backed0.03
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
United Kingdom (Government Of) 1.25% 2018-07-22United Kingdom20.66
US Treasury TIP 2016-04-15United States18.02
Finland(Rep Of) 1.625% 2020-12-15Finland17.46
New since last portfolioML Angel Oak Mltstrgy Inc UCITS F GBPInc Ireland9.46
Wells Fargo Bk Na 5.25% 2023-08-01United States5.62
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 Trafford House, Chester Road, Manchester M32 0RS. 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.
© Copyright 2016 Morningstar. All rights reserved.