Threadneedle Credit Opportunities I
Latest (Mid) Price:
GBP 1.27
Day Change:
-0.13%
| Shares Class | Inc. |
|---|---|
| Yield | 1.30 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 1,770,303,919.56 | Launch Date | 29/04/2009 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBP | ISA Eligible | Yes | Annual Management Charge (%) | 0.65 |
| Sector | IMA UK Equity Income | Min Investment (£) | 500,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00B4V5TL59 | Min Topup (£) | 25,000.00 | Ongoing Charge (%) | 0.7000 (on 21/01/2018) |
Fund Objective
The aim of the Fund is to make a positive return for you over a rolling 18 to 24 month period, notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies.At least two-thirds of the Fund assets will be in long and short positions in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments worldwide and in other debt securities including money market securities and, when appropriate, cash.The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices).The Fund may also invest in asset classes and instruments different from those stated above.
Fund Managers
Barrie Whitman
Barrie Whitman joined the company in 1999 and is currently Head of High Yield, EMEA, with responsibility for our high yield fixed income team in London. He manages the Threadneedle High Yield Bond, European High Yield Bond and Strategic Bond Funds as well as a number of institutional mandates. He is also co-manager of the Threadneedle Credit Opportunities Fund.Barrie began his investment career in 1987 at United Bank of Kuwait as a credit analyst specialising in high yield bond investment. In 1990 he became a high yield fund manager and, in 1996, CIO for High Yield Investments. He then moved to Standard Bank London in 1997 as Head of European High Yield and Distressed Debt.Barrie graduated in 1982 with a BSc in Economics and Accounting from Hull University and qualified as a Chartered Accountant in 1986. He is also a member of the Institute of Chartered Accounts in England and Wales.
Asset Breakdown
Region Breakdown
Sector Breakdown
Top 10 Holdings
| Name | Weight |
|---|---|
| BACARDI LTD 4.7% BDS 15/05/28 | 1.20% |
| SELP FINANCE SARL 1.25% NTS 25 | 1.00% |
| BACARDI LTD 4.45% BDS 15/05/25 | 0.90% |
| BAT CAPITAL CORP 3.222% NTS 15 | 0.90% |
| BAYER US FINANCE LLC 4.25% BDS | 0.90% |
| HEIDELBERGCEMENT AG 8.5% BDS 3 | 0.90% |
| LLOYDS BANK PLC 7.625% NTS 22/ | 0.90% |
| SMITH(DS) PLC 1.375% BDS 26/07 | 0.90% |
| SYNGENTA FINANCE NV 4.892% BDS | 0.90% |
| PENNON GROUP PLC 2.88% PERP | 0.80% |
Please remember that past performance is not a guide of future returns. The value of investments and the income from them can go down as well as up as a result of currency exchange and market fluctuations and investors may not get back the amount originally invested.
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