Investec GSF InvGrd Corp Bd A Inc2 £ Hg (FUND:B4WXK59) - Fund price - Overview

Fund Report

Investec Global Strategy Fund - Investment Grade Corporate Bond Fund A Inc-2 GBP Hedged

Key Stats
Morningstar® CategoryGlobal Corporate Bond - GBP Hedged
Manager Name-
Inception Date07/05/2009
NAV 25/05/2018GBP 20.32
Day Change0.30%
12 Month Yield3.16%
ISINLU0412230061
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/03/201888.68 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost1.22%
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

High

High


Sustainability Rating as of 31/03/2018

Benchmarks

Fund Benchmark

ICE BofAML Global Corporate TR HUSD

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
201320142015201620172018
Fund0.294.910.134.713.31-2.88
Category0.056.30-0.415.544.25-1.97
Benchmark0.257.900.125.834.55-2.39
Effective 23/03/2009, this fund's investment strategy changed to the extent that its record prior to that date is not relevant to its new format. Performance prior to that date is not shown.
  • Fund: Investec Global Strategy Fund - Investment Grade Corporate Bond Fund A Inc-2 GBP Hedged
  • Category: Global Corporate Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate Corporate TR Hdg GBP
Trailing Returns % (GBP) 25/05/2018
FundCatBmark
YTD-2.97-2.16-2.50
3 Years Annualised1.511.812.37
5 Years Annualised1.722.422.90
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 high level of income, with the opportunity for capital gain, from a diversified portfolio of fixed and floating rate securities, normally denominated in U.S. Dollars and issued by governments, institutions and corporations in both developing and developed countries. When judged appropriate, the portfolio may be held in fixed interest securities denominated in currencies other than U.S. Dollars, with the relevant currency exposure hedged back into U.S. Dollars.

Portfolio Profile31/03/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds100.101.0899.03
Cash93.7794.25-0.48
Other1.460.001.46
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond94.94
Cash & Equivalents21.86
Government Related4.19
Asset Backed1.37
Future/Forward-22.35
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Skandinaviska Enskilda Banken AB (publ) 1.875% PIDI NTS 13/09/2021 USD (SEC 2021-09-13Sweden1.83
Valero Energy Corporation 6.625% SNR PIDI NTS 15/06/2037 USD 2037-06-15United States1.77
Digital Euro Finco LLC 2.625% SNR PIDI NTS 15/04/2024 EUR (REGS) 2024-04-15United States1.74
InterContinental Hotels Group PLC 2.125% SNR EMTN 24/08/2026 GBP (REGS) (04 2026-08-24United Kingdom1.74
Broadridge Financial Solutions Inc. 3.4% SNR PIDI NTS 27/06/2026 USD (SEC R 2026-06-27United States1.69
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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