Mirabaud Global Hi Yld Bds DH GBP Inc (FUND:BFCBLD5) - Fund price - Overview

Fund Report

Mirabaud - Global High Yield Bonds DH GBP Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date04/03/2014
NAV 24/05/2018GBP 91.01
Day Change0.01%
12 Month Yield5.03%
ISINLU0972917214
SEDOLBFCBLD5
Dividend FrequencyQuarterly
Net Assets (mil) 31/12/2017365.41 USD
Wrapper AvailabilitySIPP & DA
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time08:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.87%
AMC0.60%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_2

Morningstar Sustainability Rating

Above Average

Above Average


Sustainability Rating as of 28/02/2018

Benchmarks

Fund Benchmark

ICE BofAML Gbl HY TR EUR

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

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

How has this security performed
201320142015201620172018
Fund---1.157.615.79-1.92
Category---2.6511.735.82-0.71
Benchmark---2.1115.666.71-0.71
  • Fund: Mirabaud - Global High Yield Bonds DH GBP Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 24/05/2018
FundCatBmark
YTD-2.49-1.05-1.13
3 Years Annualised1.993.524.48
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Sub-Fund seeks an attractive total return through a high level of current income and long-term capital appreciation by investing primarily in global high yield bonds, whilst protecting its assets against capital loss. The Sub-Fund is aimed at those investors seeking high income and long-term capital appreciation and who are prepared to accept the risks associated with investing in high yield fixed income instruments.

Portfolio Profile31/12/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds84.790.0084.79
Cash6.450.166.28
Other8.930.008.93
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond84.31
Convertible8.38
Cash & Equivalents6.48
Government Related0.98
Future/Forward-0.16
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Iron Mtn Us Hldgs 144A 5.375% 2026-06-01United States1.97
Owens Brockway 144A 5.375% 2025-01-15United States1.68
Cemex Sab De Cv 7.75% 2026-04-16Mexico1.63
Ardagh Packaging 144A 6% 2025-02-15United States1.59
Gci 0.23% 2025-04-15United States1.47
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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