Tideway GBP Credit B GBP Inc (FUND:BZ6VKS9) - Fund price - Overview

Fund Report

Tideway UCITS Funds ICAV - Tideway GBP Credit Fund B GBP Inc

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager NamePeter Doherty
Inception Date31/08/2016
NAV 17/01/2019GBP 95.48
Day Change0.10%
12 Month Yield5.04%
ISINIE00BZ6VKS98
SEDOLBZ6VKS9
Dividend FrequencyQuarterly
Net Assets (mil) 31/12/201886.08 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:15:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost0.59%
AMC0.03%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

30% CQS New City High Yield Fund, 50% iShares GBP Corporate Bond 0-5yr ETF, 20% ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 31/12/2018

How has this security performed
201320142015201620172018
Fund----8.33-2.09
Category----4.74-2.12
Benchmark----2.64-0.13
  • Fund: Tideway UCITS Funds ICAV - Tideway GBP Credit Fund B GBP Inc
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 17/01/2019
FundCatBmark
YTD0.680.57-0.35
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 income, net of all expenses, equivalent to Bank of England UK Base Rates plus 1-2%, from a credit portfolio (as described under the heading Investment Policy below) with low to medium volatility.

Portfolio Profile31/12/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds99.020.0099.02
Cash0.980.000.98
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond96.79
Government Related1.56
Cash & Equivalents0.98
Asset Backed0.68
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseRL Finance Bonds No. 2 plc 6.12% 2043-11-30United Kingdom5.67
Jerrold FinCo plc 6.12% 2024-01-15United Kingdom5.05
Old Mutual Wealth Life Assurance Ltd 4.48% 2028-02-28United Kingdom4.89
Pension Insurance Corporation Plc 6.5% 2024-07-03United Kingdom4.84
Investec Bank plc 4.25% 2028-07-24United Kingdom4.78
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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