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 24/10/2016GBP 1.41
Day Change0.12%
12 Month Yield0.00%
Dividend Frequency-
Net Assets (mil) 31/07/2016277.49 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%
Fund Rebate-

Morningstar Rating™

4 Stars


Fund Benchmark

BofAML Gbl NFin HY Cons Hdg TR EUR

Morningstar® Benchmark

BofAML Global High Yield Constrained TR HEUR

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

How has this security performed
  • 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) 24/10/2016
3 Years Annualised6.144.526.59
5 Years Annualised-6.688.47
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The Fund aims to generate a level of income over the long term. The Fund will mostly invest in contracts to repay debt, issued either by companies or by governments (e.g. bonds) which are traded on regulated exchanges. The debt instruments in which the Fund may invest will be issued by entities who are generally considered to be at risk of not repaying the debt (i.e. defaulting). The Fund may invest in financial derivative instruments which try to protect the Fund from a risk of default and in derivative contracts under which the Fund and the entity with whom it contracts will agree to exchange cash payments.

Portfolio Profile31/07/2016

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 Bond82.76
Cash & Equivalents13.53
Top Holdings
IncreaseDecreaseNew since last portfolio
General Mtrs Finl Co 3.2% 2020-07-13United States2.30
Tesco 5.5% 2017-11-15United Kingdom2.21
Rite Aid 144A 6.125% 2023-04-01United States2.08
Lear 4.75% 2023-01-15United States2.00
New since last portfolioTelecom Italia Spa 7.375% 2017-12-15Italy1.91
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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