London & Capital Glbl Gr Fxd Inc I £ Inc (FUND:BDV09P7) - Overview

Fund Report

London & Capital Global Growth Fixed Income Fund I GBP Income

Key Stats
Morningstar® CategoryGlobal Flexible Bond - USD Hedged
Manager Name-
Inception Date04/03/2014
NAV 07/12/2016GBP 107.44
Day Change0.23%
12 Month Yield0.00%
ISINIE00BDV09P76
SEDOLBDV09P7
Dividend Frequency-
Net Assets (mil) 31/07/201635.89 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:30:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.21%
AMC1.00%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

1 Month USD LIBOR +3%

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR HdgUSD

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

How has this security performed
20122013201420152016
Fund---0.143.27
Category---4.8922.23
Benchmark---6.8722.29
  • Fund: London & Capital Global Growth Fixed Income Fund I GBP Income
  • Category: Global Flexible Bond - USD Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR HdgUSD
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD3.6522.9121.52
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective of the Fund is to seek to provide absolute growth through investments in a full range of global growth fixed income securities including, higher yielding corporate bonds with the aim of producing investment returns with a relatively high level of volatility (below 10% over a business cycle). It is envisaged that an important source of potential rise in the Fund’s Net Asset Value will be through capital appreciation of the Fund, on top of the income stream generated by the coupons (or annual interest) on the bonds. "Absolute" in this context refers to the strategies' ability to use FDI’s to protect the capital value of the Fund during periods of high market volatility.

Portfolio Profile31/07/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds92.660.0092.66
Cash0.000.000.00
Other7.340.007.34
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond76.38
Government14.11
Government Related6.07
Convertible3.44
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
US Treasury Note 1.625% 2026-05-15United States10.19
European Invt Bk 1.875% 2025-02-10Supranational5.68
Argentine Republic 7.5% 2026-04-22Argentina3.03
Petrobras Glbl Fin B V 8.375% 2021-05-23Netherlands2.94
Reliance Inds 5.875% India2.87
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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