Premier Strategic High Income Bond C Inc (FUND:B8H53V5) - Overview

Fund Report

Premier Strategic High Income Bond C Income Shares

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager Name-
Inception Date01/07/2014
NAV 06/12/2016GBX 85.41
Day Change-0.05%
12 Month Yield5.22%
ISINGB00B8H53V51
SEDOLB8H53V5
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/20169.78 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.43%
AMC0.65%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

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

How has this security performed
20122013201420152016
Fund18.0210.023.220.733.01
Category15.293.725.990.507.24
Benchmark6.00-2.6813.870.478.62
  • Fund: Premier Strategic High Income Bond C Income Shares
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD3.036.078.77
3 Years Annualised2.644.677.47
5 Years Annualised6.676.475.68
10 Years Annualised3.074.505.64

Morningstar SRRI

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

Investment Objective

The Fund seeks to maximise income with capital appreciation being of secondary importance. The Fund will invest in a diversified portfolio of fixed interest securities, including government and corporate bonds, preference and permanent interest bearing shares, convertibles, reverse convertibles, debentures, collective investment schemes and other securities. Investments will include investment grade bonds, high yield (sub-investment grade) bonds and non-rated securities. The currency exposure will be predominantly sterling and where appropriate foreign currency exposure may be hedged back into sterling. Subject to the above, the Fund may also invest in other transferable securities (including but not limited to warrants), money market instruments, cash and near cash and deposits.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks3.440.003.44
Bonds76.810.0076.81
Cash9.600.409.20
Other10.540.0010.54
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond71.82
Cash & Equivalents12.50
Government Related4.05
Commercial Mortgage Backed3.66
Asset Backed3.57
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Real Estate Credit Investments Preferre3 Guernsey4.26
Barclays Bk FRN 2023-04-10United Kingdom3.55
Fil Limited 7.125% 2024-02-13Bermuda3.18
Credit Agricole Sa FRN 2033-09-19France2.74
Anheuser-Busch Inb 4% 2025-09-24Belgium2.36
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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