Kames High Yield Bond GBP S Acc (FUND:BF0W2K4) - Fund price - Overview


Fund Report

Kames High Yield Bond Fund GBP S Acc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date19/12/2017
NAV 22/03/2019GBX 103.94
Day Change0.02%
12 Month Yield5.03%
ISINGB00BF0W2K48
SEDOLBF0W2K4
Dividend FrequencyMonthly
Net Assets (mil) 28/02/2019532.58 GBP
Wrapper Availability
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular Investment
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.54%
AMC0.50%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BBgBarc Global High Yield TR USD

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Growth Of 10,000 (GBP) 28/02/2019

How has this security performed
201420152016201720182019
Fund-----2.014.97
Category-----3.924.84
Benchmark-----3.605.32
  • Fund: Kames High Yield Bond Fund GBP S Acc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 22/03/2019
FundCatBmark
YTD5.975.536.15
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 fund seeks tomaximise total return (income plus capital). To invest in a portfolio of predominately: high yield bonds and selected investment grade bonds. The Fund may hold sterling and other currency denominated bonds hedged back to sterling. The Fund may also invest in derivative instruments and forward transactions. A maximum of 10% of the Net Asset Value of the Scheme Property of the Fund may be invested in units or shares of other collective investment schemes. It is intended that investment in such other collective investment schemes will be predominately in approved money market instruments The Fund may also hold cash, near cash and deposits. The Fund may also invest in approved money market instruments.

Portfolio Profile28/02/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks1.040.001.04
Bonds91.370.0091.37
Cash118.40115.233.17
Other4.430.004.43
Top Fixed Income Sectors
Fixed Income Sector%
Future/Forward115.49
Corporate Bond89.74
Convertible4.48
Asset Backed2.58
Cash & Equivalents-112.29
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreasePark Aerospace Holdings Limited 5.25% 2022-08-15United States1.91
New since last portfolioPinnacle Bidco Hld 6.38% United Kingdom1.83
DecreaseUnitymedia KabelBW GmbH 6.13% Germany1.82
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) 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. See website for full details. 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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