Baring High Yield Bond I GBP Hdg Inc (FUND:B3L6PB3) - Overview

Fund Report

Baring High Yield Bond Fund - Class I GBP Hedged Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager NameEce Ugurtas
Inception Date01/02/2012
NAV 20/10/2016GBP 6.42
Day Change0.31%
12 Month Yield6.06%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2016616.17 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
Fund Ongoing Charge1.26%
Fund Rebate0.05%

Morningstar Rating™



Fund Benchmark

BofAML Global High Yield BB-B TR USD

Morningstar® Benchmark

BofAML Gbl HY Constnd TR HGBP

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Baring High Yield Bond Fund - Class I GBP Hedged Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: BofAML Gbl HY Constnd TR HGBP
Trailing Returns % (GBP) 20/10/2016
3 Years Annualised0.504.015.55
5 Years Annualised4.757.488.63
10 Years Annualised4.306.517.92

Morningstar SRRI

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

Investment Objective

The primary investment objective of the Fund is to produce a high level of current yield in dollar terms, commensurate with an acceptable level of risk, as determined by the Managers in their reasonable discretion. The Fund will seek to achieve its primary investment objective by investing at least 70% of its total assets at any one time in a combination of debt and loan securities (including credit linked securities) of corporations and governments (including any agency of government or central bank) of any member state of the Organisation for Economic Co-operation and Development (“OECD”) and of any developing or emerging markets.

Portfolio Profile30/09/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.81
Cash & Equivalents7.19
Municipal (Taxable)0.38
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseNorthern Trust Global US Dollar A Ireland4.00
DecreaseNorthern Trust the Euro Lqudty A Ireland2.24
Cequel Comm Escrow I /Cap 144A 6.375% 2020-09-15United States1.51
Diamond 1 Fin Corp/Diamond 2 144A 7.125% 2024-06-15United States1.46
Liberty Media 8.25% 2030-02-01United States1.45
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 Trafford House, Chester Road, Manchester M32 0RS. 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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