Tideway GBP Hybrid Capital Bd B GBP Inc (FUND:BZ6VKQ7) - Fund price


Fund Report

Tideway UCITS Funds ICAV - Tideway GBP Hybrid Capital Bond Fund B GBP Inc

Key Stats
Morningstar® CategoryOther Bond
Manager NamePeter Doherty
Inception Date31/08/2016
NAV 19/09/2019GBP 107.74
Day Change-0.03%
12 Month Yield4.61%
ISINIE00BZ6VKQ74
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/2019118.85 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.93%
AMC0.03%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

50% CQS New City High Yield Fund, 50% iShares Core GBP Corporate Bond ETF

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/08/2019

How has this security performed
201420152016201720182019
Fund---17.17-5.529.59
  • Fund: Tideway UCITS Funds ICAV - Tideway GBP Hybrid Capital Bond Fund B GBP Inc
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 19/09/2019
Fund
YTD10.53
3 Years Annualised7.06
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 Fund aims to generate 5% per annum income, net of all expenses, from a hybrid capital portfolio (as described under the heading Investment Policy below) with a weighted average bond price of less than GBP 100 and with medium volatility.

Portfolio Profile31/08/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds83.180.0083.18
Cash5.960.085.88
Other10.940.0010.94
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond83.18
Convertible10.94
Cash & Equivalents5.88
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Aviva Plc 6.88% United Kingdom5.83
DecreaseRothesay Life PLC 6.88% United Kingdom5.43
Phoenix Group Holdings 5.75% United Kingdom4.52
Legal & General Group plc 5.12% United Kingdom4.25
Cybg Plc 7.88% United Kingdom4.05
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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