Hermes Multi Strategy Credit F GBP Acc H (FUND:BKRCNB0) - Overview

Fund Report

Hermes Multi Strategy Credit Fund F GBP Accumulating Hedged

Key Stats
Morningstar® CategoryGlobal Flexible Bond - GBP Hedged
Manager NameFraser Lundie
Inception Date07/05/2014
NAV 02/12/2016GBP 1.09
Day Change0.12%
12 Month Yield0.00%
ISINIE00BKRCNB02
SEDOLBKRCNB0
Dividend Frequency-
Net Assets (mil) 30/09/2016842.82 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 Charge0.84%
AMC0.65%
Fund Rebate-

Morningstar Rating™

Not Rated

Benchmarks

Fund Benchmark

FTSE World Eur Ex UK TR USD

Morningstar® Benchmark

Bloomberg Barclays Global Aggregate TR Hdg GBP

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

How has this security performed
20122013201420152016
Fund---0.527.79
Category---0.344.80
Benchmark---1.393.49
  • Fund: Hermes Multi Strategy Credit Fund F GBP Accumulating Hedged
  • Category: Global Flexible Bond - GBP Hedged
  • Benchmark: Bloomberg Barclays Global Aggregate TR Hdg GBP
Trailing Returns % (GBP) 02/12/2016
FundCatBmark
YTD7.924.883.39
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The investment objective of the Fund is to generate a high level of income by primarily investing in a diversified portfolio of credit securities including investment grade bonds, high yield bonds, credit default swaps and money market securities (including commercial bank loans) while exhibiting lower volatility relative to the global high yield market.

Portfolio Profile30/09/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds97.540.4797.07
Cash87.4886.610.87
Other3.201.142.06
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond94.34
Bank Loan2.85
Government1.85
Cash & Equivalents0.89
Future/Forward0.08
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Tesco 5.5% 2017-11-15United Kingdom3.27
DecreaseTelecom Italia Spa 7.375% 2017-12-15Italy2.56
Nxp B.V. Tranche 2020-01-11United States2.56
DecreaseRite Aid 144A 6.125% 2023-04-01United States2.53
Solvay Fin 4.199% 2049-12-31France2.43
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