ASI Glb High Yield Bd I Inc (FUND:BWK2601) - Fund price


Fund Report

ASI Global High Yield Bond Fund Class I Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date19/06/2015
NAV 14/10/2019GBX 86.03
Day Change0.22%
12 Month Yield5.44%
ISINGB00BWK26014
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/2019705.58 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular Investment
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.75%
AMC0.65%
Fund Rebate0.05%

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

Low

Low


Sustainability Rating as of 31/08/2019

Benchmarks

Fund Benchmark

BBgBarc Gbl HY Corp

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Growth Of 10,000 (GBP) 30/09/2019

How has this security performed
201420152016201720182019
Fund0.18-5.3210.347.00-4.589.35
Category1.63-2.6511.735.82-3.928.92
Benchmark2.71-2.1115.666.71-3.609.62
  • Fund: ASI Global High Yield Bond Fund Class I Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 14/10/2019
FundCatBmark
YTD9.298.759.55
3 Years Annualised4.183.884.44
5 Years Annualised2.753.784.76
10 Years Annualised5.416.497.62

Morningstar SRRI

Lower Risk
Higher Risk
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  • 2
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  • 5
  • 6
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to provide a combination of income and capital growth by investing predominantly in a portfolio of sub-Investment grade Debt and debt-related securities, denominated in or hedged back to Sterling. A majority of the portfolio will invest in Debt and debt-related securities issued by companies based in Europe and/or North America. The Fund may also invest in other transferable securities, including Investment Grade Debt and debt-related securities, Equity and Equity-Related securities, money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates). The Fund may also invest to a minority extent in Debt and debt-related securities of companies and governments based in developing countries.

Portfolio Profile31/08/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.040.000.04
Bonds93.330.0093.33
Cash105.93103.432.49
Other4.140.004.14
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond93.36
Convertible4.15
Cash & Equivalents2.06
Future/Forward0.43
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseCCO Holdings, LLC/ CCO Holdings Capital Corp. 5.75% 2026-02-15United States1.59
Sprint Corporation 7.88% 2023-09-15United States1.56
ZIGGO B.V. 5.5% 2027-01-15Netherlands1.31
Netflix, Inc. 6.38% 2029-05-15United States1.27
Petrobras Global Finance B.V. 8.75% 2026-05-23Netherlands1.16
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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