Kames High Yield Global Bd B Acc GBP Hdg (FUND:B296WS4) - Fund price - Overview

Fund Report

Kames High Yield Global Bond Fund B Acc GBP (Hedged)

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date28/11/2011
NAV 23/05/2018GBP 15.63
Day Change-0.08%
12 Month Yield0.00%
ISINIE00B296WS45
SEDOLB296WS4
Dividend Frequency-
Net Assets (mil) 31/03/2018265.25 USD
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
Ongoing Cost0.87%
AMC0.65%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Lipper Gbl Bond Gbl HY sector median

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Morningstar Analyst Rating™ *

Neutral

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
201320142015201620172018
Fund6.724.97-0.638.954.99-0.14
Category6.341.63-2.6511.735.82-0.71
Benchmark7.312.71-2.1115.666.71-0.71
  • Fund: Kames High Yield Global Bond Fund B Acc GBP (Hedged)
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 23/05/2018
FundCatBmark
YTD-0.36-1.05-1.17
3 Years Annualised3.123.334.46
5 Years Annualised3.983.604.65
10 Years Annualised4.676.547.75

Morningstar SRRI

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

Investment Objective

The primary investment objective is to maximise total return (income plus capital) by investing at least two thirds of its gross assets, in high yield bonds (ie securities having a rating of Ba1 and below by Moody’s or BB+ and below by Standard and Poor’s and Fitch or other debt instruments deemed by the Investment Manager to be of similar credit quality) in any currency, which may be government or corporate, and which may be at a fixed or floating rate, rated or unrated. The fund may also hold selected investment grade bonds and cash.

Portfolio Profile31/03/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds89.280.0089.28
Cash78.8176.472.34
Other8.380.008.38
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.38
Future/Forward70.14
Convertible4.51
Asset Backed1.49
Preferred1.21
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Stichting Ak Rabobank Cert FRN 2049-12-29Netherlands1.98
IncreaseOcado Group Plc 4% SNR SEC PIDI NTS 15/06/2024 GBP (REGS) (UNSEC) 2024-06-15United Kingdom1.96
IncreaseLHC3 PLC 4.125% SNR SEC PIDI NTS 15/08/2024 EUR (REGS) 2024-08-15United Kingdom1.91
Ultra Resources Inc 6.875% SNR PIDI NTS 15/04/2022 USD (144A) 2022-04-15United States1.90
DecreasePark Aerospace Holdings Limited 5.25% SNR PIDI NTS 15/08/2022 USD (144A) 2022-08-15United States1.89
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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