Zurich Horizon Monthly Income Plus Z Inc
Latest (Mid) Price:
GBX 48.90
Day Change:
-0.02%
| Shares Class | Inc. |
|---|---|
| Yield | 4.54 |
| Total Expense Ratio | 0.70 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 8,112,300.00 | Launch Date | 19/10/2016 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | No | Annual Management Charge (%) | 0.70 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.70 |
| ISIN | GB00BYZ87382 | Min Topup (£) | 50,000.00 | Ongoing Charge (%) | 0.7000 (on 21/02/2018) |
Fund Objective
The aim of the fund is to produce a monthly income whilst seeking to preserve capital over the long term.
Fund Managers
Michael Della Vedova
Michael Della Vedova is a global high yield portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Della Vedova is co-portfolio manager for the firm's Global High Income Bond Strategy. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd. Mr. Della Vedova has 23 years of investment experience, seven of which have been with T. Rowe Price. Prior to joining the firm in 2009, he was a cofounder and partner of Four Quarter Capital, a credit hedge fund focusing on below investment-grade European corporate debt. Mr. Della Vedova also spent six years as a senior analyst and assistant portfolio manager with Muzinich & Company Limited in London. Mr. Della Vedova earned both an LL.B. and a B.Com. degree in finance from the University of New South Wales and a G.D.L.P. from the University of Technology, Sydney, Australia. He also was admitted as a solicitor to the Supreme Court of New South Wales, Sydney.
Asset Breakdown
| Name | Weight |
|---|---|
| Global Corporate Fixed Interes | 96.01% |
| Money Market | 3.99% |
Region Breakdown
| Name | Weight |
|---|---|
| Brazil | 3.77% |
| Canada | 2.74% |
| France | 0.07% |
| Ireland | 5.40% |
| Italy | 1.48% |
| Luxembourg | 4.07% |
| Mexico | 5.63% |
| Netherlands | 1.10% |
| Spain | 3.09% |
| UK | 15.78% |
| USA | 56.87% |
Sector Breakdown
| Name | Weight |
|---|---|
| Banks | 6.27% |
| Basic Industries | 6.98% |
| Capital Goods | 4.98% |
| Communications | 14.64% |
| Cyclical Consumer Goods | 14.72% |
| Electricity Supply | 4.24% |
| Energy | 17.51% |
| Financials | 2.21% |
| Money Market | 3.99% |
| Non-Cyclical Consumer Goods | 3.22% |
| Other Financial | 6.54% |
| Others | 6.03% |
| Property Shares | 2.09% |
| Technology | 5.43% |
| Transport | 1.15% |
Top 10 Holdings
| Name | Weight |
|---|---|
| NORTHERN TRUST US DOLLAR A | 3.55% |
| ENCANA CORP 7.2% BDS 01/11/31 | 2.80% |
| ARCELORMITTAL SA 6.125% BDS 01 | 2.73% |
| TIME WARNER CABLE INC 6.55% BD | 2.64% |
| CABOT FINANCIAL LUXEMBOURG SA | 2.46% |
| AMERADA HESS CORP 7.3% NOTES 1 | 2.42% |
| ARDAGH PACKAGING FINANCE 6.75% | 2.27% |
| PETROLEOS MEXICANOS 6.5% GTD S | 2.25% |
| QUICKEN LOANS INC 5.75% BDS 01 | 2.19% |
| ENERGY TRANSFER OPER LP 5.5% B | 2.18% |
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.
Fund data supplied by
