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


Fund Report

Kames High Yield Global Bond Fund USD B Inc USD

Key Stats
Morningstar® CategoryGlobal High Yield Bond
Manager Name-
Inception Date15/04/2010
NAV 16/08/2019USD 11.33
Day Change-0.07%
12 Month Yield4.75%
ISINIE00B296WW80
Dividend FrequencyQuarterly
Net Assets (mil) 31/07/2019138.73 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1,000.00 USD
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.79%
AMC0.65%
Fund Rebate-

Morningstar Rating™

5 Stars

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 TR USD

Morningstar Analyst Rating™

Growth Of 10,000 (USD) 31/07/2019

How has this security performed
201420152016201720182019
Fund4.86-0.739.516.39-0.4910.54
Category-0.97-5.0210.997.26-3.698.84
Benchmark-0.09-4.1714.7710.18-3.349.82
  • Fund: Kames High Yield Global Bond Fund USD B Inc USD
  • Category: Global High Yield Bond
  • Benchmark: ICE BofAML Global High Yield Constrained TR USD
Trailing Returns % (USD) 16/08/2019
FundCatBmark
YTD9.998.308.71
3 Years Annualised5.704.605.50
5 Years Annualised4.783.153.94
10 Years Annualised8.486.138.04

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 Profile31/07/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.090.001.09
Bonds92.220.0092.22
Cash70.5771.61-1.04
Other7.730.007.73
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond91.84
Future/Forward63.61
Convertible7.82
Asset Backed1.40
Cash & Equivalents-64.66
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseUnitymedia KabelBW GmbH 6.13% Germany2.04
ARQIVA BROADCAST FINANCE PLC 6.75% 2023-09-30United Kingdom1.83
Energizer Gamma Acquisition B.V. 4.63% Netherlands1.76
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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