Hermes Multi Strat F GBP Inc (FUND:BKRCN76) - Overview

Fund Report

Hermes Multi Strategy Credit Fund F Stg£ Distributing

Key Stats
Morningstar® CategoryGlobal Flexible Bond
Manager NameFraser Lundie
Inception Date09/07/2014
NAV 19/10/2016GBP 1.40
Day Change0.19%
12 Month Yield3.40%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/07/2016900.19 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.75%
Fund Rebate-

Morningstar Rating™

Not Rated


Fund Benchmark


Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR USD

Growth Of 10,000 (GBP) 30/09/2016

How has this security performed
  • Fund: Hermes Multi Strategy Credit Fund F Stg£ Distributing
  • Category: Global Flexible Bond
  • Benchmark: Bloomberg Barclays Global Aggregate TR USD
Trailing Returns % (GBP) 19/10/2016
3 Years Annualised---
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 Fund aims to generate a level of income over the long term. The Fund will mostly invest in contracts to repay debt issued by companies or by governments which are traded on regulated exchanges. The debt instruments in which the Fund may invest will be issued by entities that are considered to be capable of repaying the debt and by entities that are generally considered to be at risk of not repaying the debt (i.e. defaulting). The Fund may invest in financial derivative instruments which try to protect the Fund from a risk of default and in derivative contracts under which the Fund and the entity with whom it contracts will agree to exchange cash payments. The Fund may also invest in shares that are listed or traded on regulated markets, in contracts which grant the Fund the option to enter into derivative contracts based on indices of shares and in investment funds (including other funds of Hermes Investment Funds plc). The Fund may also invest in secured or unsecured loans.

Portfolio Profile31/07/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond80.43
Cash & Equivalents13.41
Bank Loan2.44
Top Holdings
IncreaseDecreaseNew since last portfolio
Tesco 5.5% 2017-11-15United Kingdom3.05
IncreaseTelecom Italia Spa 7.375% 2017-12-15Italy2.61
Rite Aid 144A 6.125% 2023-04-01United States2.50
Nxp B.V. Tranche 2020-01-11United States2.38
Vulcan Matls 4.5% 2025-04-01United States2.28
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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