Salar A1 USD (FUND:B2PLHH7) - Fund price - Overview

Fund Report

Salar Fund Plc Class A1 USD

Key Stats
Morningstar® CategoryConvertible Bond - Global, USD Hedged
Manager Name-
Inception Date01/03/2008
NAV 25/05/2017USD 153.57
Day Change0.10%
12 Month Yield0.00%
ISINIE00B2PLHH71
SEDOL
Dividend Frequency-
Net Assets (mil) 31/12/20161,120.89 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time17:30
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.31%
AMC1.00%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

N/A

Morningstar® Benchmark

TReuters Global Focus Hedged CB TR USD

Growth Of 10,000 (USD) 30/04/2017

How has this security performed
20132014201520162017
Fund13.442.763.283.651.87
Category13.022.502.061.973.70
Benchmark13.034.733.831.593.83
  • Fund: Salar Fund Plc Class A1 USD
  • Category: Convertible Bond - Global, USD Hedged
  • Benchmark: TReuters Global Focus Hedged CB TR USD
Trailing Returns % (USD) 25/05/2017
FundCatBmark
YTD2.465.324.82
3 Years Annualised3.523.043.43
5 Years Annualised6.686.687.27
10 Years Annualised4.453.313.34

Morningstar SRRI

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

Investment Objective

The Fund’s investment objective will be to generate capital growth, whilst seeking to preserve capital, through a variety of risk/reward strategies generally in the convertible bond markets. The Fund will target absolute returns and aims to achieve returns, which exceed the Benchmark Return.

Portfolio Profile31/12/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks13.790.0013.79
Bonds96.8931.4065.50
Cash13.951.0212.92
Other8.570.797.78
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond0.00
Government-0.01
Cash & Equivalents-1.02
Government Related-31.39
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseSiemens 1.05% 2017 New 2017-08-163.13
IncreaseIndustrivarden 1.875% 2017 2017-02-272.48
Eur Irswap 0.275 7jan2021 Pay Leg 2021-01-07Switzerland2.39
Eur Irswap 0.275 7jan2021 Rec Leg 2021-01-07Switzerland2.35
IncreaseNational Grid 0.9% 2020 2020-11-022.33
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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