F&C Maximum Income Bond C Net Inc (FUND:B819131) - Overview

Fund Report

F&C Maximum Income Bond Fund C Net Inc

Key Stats
Morningstar® CategoryGBP High Yield Bond
Manager Name-
Inception Date13/09/2012
NAV 07/12/2016GBX 52.37
Day Change0.29%
12 Month Yield5.36%
ISINGB00B8191314
SEDOLB819131
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/201672.60 GBP
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 Charge0.56%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA £ High Yield

Morningstar® Benchmark

BofAML GBP High Yield TR GBP

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

How has this security performed
20122013201420152016
Fund15.357.263.420.676.64
Category20.768.553.050.409.92
Benchmark37.0711.845.655.438.67
  • Fund: F&C Maximum Income Bond Fund C Net Inc
  • Category: GBP High Yield Bond
  • Benchmark: BofAML GBP High Yield TR GBP
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD7.2010.759.18
3 Years Annualised3.984.916.97
5 Years Annualised6.788.9813.22
10 Years Annualised1.776.4012.68

Morningstar SRRI

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

Investment Objective

The Fund aims to maximise returns through investment primarily in high-yielding global fixed interest securities. The Fund will invest predominantly in US dollar, sterling and euro denominated high-yielding fixed interest securities, including non-investment grade bonds. To manage risk the Fund will aim to achieve a wide degree of diversification and the managers will adopt a rigorous credit management process.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds100.600.00100.60
Cash115.34119.05-3.71
Other3.100.003.10
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond100.94
Asset Backed1.60
Convertible1.09
Non-Agency Residential Mortgage Backed0.65
Future/Forward-0.45
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseAnglo Amer Cap 3.25% 2023-04-03United Kingdom1.70
Unitymda Hessen/Nr 6.25% 2029-01-15Germany1.61
New since last portfolioJrp Grp 9% 2026-10-26United Kingdom1.40
Channel Link Enter FRN 2050-06-30United Kingdom1.39
Softbank Grp 5.25% 2027-07-30Japan1.18
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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