Kames High Yield Global Bond USD B Inc (FUND:B296WW8) - Fund price - Overview

Fund Report

Kames High Yield Global Bond Fund USD B Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond
Manager NamePhilip Milburn
Inception Date15/04/2010
NAV 26/06/2017USD 11.32
Day Change0.19%
12 Month Yield4.99%
ISINIE00B296WW80
SEDOLB296WW8
Dividend FrequencyQuarterly
Net Assets (mil) 30/04/2017429.56 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1,000.00 USD
Pricing FrequencyDaily
Dealing Cut off Time10:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.86%
AMC0.80%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Lipper Gbl Bond Gbl HY sector median

Morningstar® Benchmark

BofAML Global High Yield Constrained TR USD

Morningstar Analyst Rating™

Neutral

Growth Of 10,000 (USD) 31/05/2017

How has this security performed
20132014201520162017
Fund6.714.86-0.739.514.01
Category5.83-0.97-5.0210.995.03
Benchmark7.96-0.09-4.1714.775.96
  • Fund: Kames High Yield Global Bond Fund USD B Inc
  • Category: Global High Yield Bond
  • Benchmark: BofAML Global High Yield Constrained TR USD
Trailing Returns % (USD) 26/06/2017
FundCatBmark
YTD4.404.345.74
3 Years Annualised3.972.583.18
5 Years Annualised7.005.516.93
10 Years Annualised---

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 Profile30/04/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.420.001.42
Bonds82.357.6174.74
Cash54.5233.0221.50
Other2.340.002.34
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond78.05
Future/Forward32.63
Convertible3.96
Non-Agency Residential Mortgage Backed1.86
Swap0.78
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
US 10 Year Note (CBT) June17 2017-06-21United States7.61
Cpuk Fin FRN 2042-02-28Jersey1.76
Talk Talk Telecom 5.375% 2022-01-15United Kingdom1.60
Access Midstream Prtnrs Lp/Acm 4.875% 2024-03-15United States1.59
Virgin Media 5.5% 2024-09-15United Kingdom1.56
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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