Hermes Global High Yld Crdt F GBP Acc (FUND:B4W7802) - Overview

Fund Report

Hermes Global High Yield Credit Fund Class F GBP Accumulating

Key Stats
Morningstar® CategoryGlobal High Yield Bond - EUR Hedged
Manager Name-
Inception Date08/11/2012
NAV 01/12/2016GBP 1.32
Day Change-0.97%
12 Month Yield0.00%
ISINIE00B4W78028
SEDOLB4W7802
Dividend Frequency-
Net Assets (mil) 30/09/2016274.69 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:15:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.79%
AMC0.65%
Fund Rebate-

Morningstar Rating™

4 Stars

Benchmarks

Fund Benchmark

BofAML Gbl Non Fincl HY Constnd TR HEUR

Morningstar® Benchmark

BofAML Global High Yield Constrained TR HEUR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund13.6812.13-2.20-7.4925.96
Category12.818.96-6.02-8.0424.58
Benchmark14.819.53-4.58-7.4029.60
  • Fund: Hermes Global High Yield Credit Fund Class F GBP Accumulating
  • Category: Global High Yield Bond - EUR Hedged
  • Benchmark: BofAML Global High Yield Constrained TR HEUR
Trailing Returns % (GBP) 01/12/2016
FundCatBmark
YTD24.7424.5528.60
3 Years Annualised4.312.904.71
5 Years Annualised7.455.487.17
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective of the fund is to generate a high level of income by investing primarily in a diversified portfolio of high yield bonds. The investment manager will use an active approach to seek high risk-adjusted returns from bottom-up analysis of below investment grade corporate and/or government issuers.

Portfolio Profile30/09/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds90.370.0090.37
Cash99.9494.395.55
Other4.330.254.08
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond90.43
Cash & Equivalents5.73
Government3.04
Future/Forward0.66
Swap0.14
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Telecom Italia Spa 7.375% 2017-12-15Italy2.61
General Mtrs Finl Co 3.2% 2020-07-13United States2.34
Tesco 5.5% 2017-11-15United Kingdom2.23
Rite Aid 144A 6.125% 2023-04-01United States2.09
DecreaseLear 4.75% 2023-01-15United States1.96
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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