City Financial High Yield Opps IA Inc (FUND:BGP6QD9) - Overview

Fund Report

City Financial High Yield Opportunities Fund IA Inc

Key Stats
Morningstar® CategoryEurope High Yield Bond
Manager Name-
Inception Date05/12/2013
NAV 07/12/2016GBX 79.30
Day Change0.25%
12 Month Yield8.93%
ISINGB00BGP6QD93
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/201630.58 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time07:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.74%
AMC0.55%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

BofAML European Currency High Yield Constrained TR Hdg EUR

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

How has this security performed
20122013201420152016
Fund---13.472.598.25
Category---3.32-2.6920.80
Benchmark---1.75-3.6223.50
  • Fund: City Financial High Yield Opportunities Fund IA Inc
  • Category: Europe High Yield Bond
  • Benchmark: BofAML European Currency High Yield Constrained TR Hdg EUR
Trailing Returns % (GBP) 07/12/2016
FundCatBmark
YTD8.6622.7624.87
3 Years Annualised-1.215.095.78
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 investment objective of the Fund is to generate a high annual yield with the potential for capital appreciation over the medium to long term. The Fund will seek to achieve its investment objective primarily by investing in non-investment grade performing, stressed and distressed European securities in the primary and secondary market. The Fund invests in a portfolio of income securities, primarily in European non-investment grade high yield, performing, stressed and distressed situations corporate debt securities. The manager intends to maintain a relatively diversified portfolio of investments (generally 25-35 issuers) across a range of sectors and countries comprising: senior secured, second lien, unsecured, subordinated, PIK, convertible, floating rate and fixed rate notes.

Portfolio Profile31/08/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.680.000.68
Bonds88.070.0088.07
Cash11.250.0011.25
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Glasstank Bv 8.5% 2019-05-15Netherlands7.12
Edu Uk Bondco 8.875% 2018-09-15United Kingdom6.14
Alba Grp 8% 2018-05-15Germany5.25
Intralot Cap 6% 2021-05-15Luxembourg4.86
IncreaseFindus Pik S.C.A. 8.25% 2019-08-01Luxembourg4.72
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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