Muzinich Global Tact Crdt HGBP Inc S (FUND:BF5S8D2) - Fund price - Overview


Fund Report

Muzinich Global Tactical Credit Fund Hedged GBP Income S Units

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager Name-
Inception Date07/02/2014
NAV 14/03/2019GBP 97.00
Day Change-0.07%
12 Month Yield3.09%
ISINIE00BF5S8D27
SEDOLBF5S8D2
Dividend FrequencySemi-Annually
Net Assets (mil) 31/12/20181,536.76 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
Ongoing Cost0.71%
AMC0.55%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

3 Month USD Libor + 500 bp

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

Morningstar Analyst Rating™ *

Bronze

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

How has this security performed
201420152016201720182019
Fund-0.935.523.32-1.821.50
Category-0.345.774.55-2.852.52
Benchmark-1.393.661.930.100.85
  • Fund: Muzinich Global Tactical Credit Fund Hedged GBP Income S Units
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 14/03/2019
FundCatBmark
YTD1.852.941.59
3 Years Annualised2.273.261.43
5 Years Annualised2.192.622.87
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
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  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The investment objective of the Sub-Fund is to achieve consistent attractive total returns on a risk-adjusted basis over a full market cycle.

Portfolio Profile31/12/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.080.0098.08
Cash62.3560.441.92
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond56.41
Government28.67
Swap12.73
Cash & Equivalents1.58
Future/Forward0.33
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
New since last portfolioBp9u1r71 Cds Usd R V 03mevent Cds Buy Ccp Ice Chas 20231220 2023-12-20United States12.73
United States Treasury Notes 2.75% 2023-07-31United States7.15
United States Treasury Notes 2.75% 2023-08-31United States6.61
New since last portfolioUnited States Treasury Notes 2.88% 2023-11-30United States4.94
New since last portfolioUnited States Treasury Notes 3.12% 2028-11-15United States2.71
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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