Threadneedle Eurp HY Bd Ins Grs Acc GBP (FUND:B1XK597) - Fund price - Overview

Fund Report

Threadneedle European High Yield Bond Fund Institutional Gross Accumulation GBP

Key Stats
Morningstar® CategoryEurope High Yield Bond
Manager NameMichael Poole
Inception Date25/05/2007
NAV 17/11/2017GBP 2.62
Day Change0.33%
12 Month Yield3.85%
ISINGB00B1XK5971
SEDOLB1XK597
Dividend FrequencyAnnually
Net Assets (mil) 31/10/2017704.84 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 Charge0.81%
AMC0.75%
Fund Rebate0.05%

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BofAML Euro HY Cons ExSub Fincl TR HEUR

Morningstar® Benchmark

BofAML European Currency High Yield Constrained TR Hdg EUR

Morningstar Analyst Rating™ *

Bronze

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

How has this security performed
20132014201520162017
Fund9.85-3.29-5.0924.878.91
Category10.91-3.32-2.6923.458.33
Benchmark13.05-1.75-3.6226.4110.11
  • Fund: Threadneedle European High Yield Bond Fund Institutional Gross Accumulation GBP
  • Category: Europe High Yield Bond
  • Benchmark: BofAML European Currency High Yield Constrained TR Hdg EUR
Trailing Returns % (GBP) 17/11/2017
FundCatBmark
YTD9.9011.8011.39
3 Years Annualised8.2310.179.79
5 Years Annualised7.589.969.62
10 Years Annualised8.768.7311.65

Morningstar SRRI

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

Investment Objective

The fund aims to achieve a total return, overtime, predominantly by way of income. The ACD’s investment policy is to invest the assets of the Fund primarily in corporate fixed interest securities of corporates with higher risk (that is non-investment grade credit) issued predominantly in Euro or Sterling. Where securities are non-Euro denominated it is intended they will typically be hedged into Euro. The ACD will invest predominantly in issues issued by companies domiciled in Europe, or with significant European operations. If the ACD considers it desirable it may further invest in other securities (including fixed interest securities, other equities and money market securities).

Portfolio Profile31/10/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds85.500.0385.47
Cash32.0830.231.85
Other12.680.0012.68
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond92.60
Convertible2.42
Cash & Equivalents1.93
Government Related1.03
Agency Mortgage Backed1.01
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Wind Acquisition F 7% 2021-04-23Germany1.64
Gaz Cap Sa 6.51% 2022-03-07Netherlands1.56
Altice Sa 7.25% 2022-05-15Germany1.27
Enel Spa 2075-01-15Italy1.09
Telefonica(Europe) Netherlands1.00
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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