Aviva Investors Global HY Bd Rah GBP Inc (FUND:B8S8346) - Fund price - Overview

Fund Report

Aviva Investors - Global High Yield Bond Fund Rah GBP Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date08/02/2013
NAV 23/05/2018GBP 9.45
Day Change-0.07%
12 Month Yield4.98%
ISINLU0880134928
SEDOLB8S8346
Dividend FrequencyAnnually
Net Assets (mil) 31/03/20184,822.17 USD
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
Ongoing Cost0.84%
AMC0.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BBgBarc Gbl HY ex CMBS&E2% Cap

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Morningstar Analyst Rating™ *

Neutral

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

How has this security performed
201320142015201620172018
Fund-2.16-0.858.953.62-0.98
Category-1.63-2.6511.735.82-0.71
Benchmark-2.71-2.1115.666.71-0.71
  • Fund: Aviva Investors - Global High Yield Bond Fund Rah GBP Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 23/05/2018
FundCatBmark
YTD-1.21-1.05-1.17
3 Years Annualised2.453.334.46
5 Years Annualised2.813.604.65
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The objective of the Fund is to earn income and increase the value of the Shareholder's investment over time. The Sub-Fund invests mainly in high yield bonds issued by corporations anywhere in the world, with an emphasis on North America and Europe. Specifically, at all times, the Sub-Fund invests at least two thirds of total net assets (excluding liquidities) in bonds that are rated below BBB- by Standard and Poor’s or Baa3 by Moody’s, or are unrated. The Sub-Fund does not invest in shares or other participation rights, or in convertible securities. The Sub- Fund may invest up to 30% of total net assets in money market investments and bank deposits. The Sub-Fund may also invest in shares or units of UCITS or other UCIs.

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
Bonds92.620.0092.62
Cash4.080.004.08
Other3.300.003.30
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond94.02
Cash & Equivalents4.14
Convertible1.83
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Virgin Media Sec Finance PLC 5% SNR SEC MTN 15/04/2027 GBP (REGS) 2027-04-15United Kingdom1.47
Calpine Corporation 5.75% SNR PIDI NTS 15/01/2025 USD (SEC REGD) 2025-01-15United States1.25
Altice SA 7.75% SNR PIDI NTS 15/05/2022 USD (144A) 2022-05-15United Kingdom1.20
Barclays PLC FXD-FRN TIER I PERP PIDI GBP (REGS) 2049-12-31United Kingdom1.11
ARD Finance S.A. IDX LKD SNR SEC PIDI NTS 15/09/2023 EUR (SEC REGD) 2023-09-15United Kingdom1.07
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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