ASI European High Yield Bond M Acc
Latest (Mid) Price:
GBX 115.30
Day Change:
+0.13%
| Shares Class | Inc. |
|---|---|
| Yield | 4.30 |
| Total Expense Ratio | 0.00 |
Fund Performance
Cumulative Performance
Discrete Performance
MoneyAM Fund Centre
Quick Stats
| Fund Size | 46,230,700.00 | Launch Date | 09/03/2011 | Standard Initial Charge (%) | 0.00 |
|---|---|---|---|---|---|
| Currency | GBX | ISA Eligible | Yes | Annual Management Charge (%) | 0.70 |
| Sector | IMA UK Equity Income | Min Investment (£) | 1,000,000.00 | Total Expense Ratio (%) | 0.00 |
| ISIN | GB00BGRLXW05 | Min Topup (£) | 50,000.00 | Ongoing Charge (%) | 0.8600 (on 31/07/2020) |
Fund Objective
To generate income and some growth over the long term (5 years or more) by investing in Sterling and Euro denominated sub-investment grade (high yield) corporate bonds. Performance Target: To achieve the return of the ICE BofAML European Currency High Yield Constrained Index (Hedged to GBP) plus 1.25% per annum (before charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. The ACD believes this is an appropriate target for the fund based on the investment policy of the fund and the constituents of the index.
Fund Managers
Ben Pakenham
Ben has more than 13 years’ experience in high yield and has been part of the investment team since 2011.
Asset Breakdown
| Name | Weight |
|---|---|
| Belgian Corporate Fixed Intere | 0.00% |
| Cash & Cash Equivalents | 1.00% |
| Czech Corporate Fixed Interest | 0.00% |
| Danish Corporate Fixed Interes | 0.00% |
| Dutch Corporate Fixed Interest | 10.00% |
| Foreign Exchange | 1.00% |
| French Corporate Fixed Interes | 6.00% |
| German Corporate Fixed Interes | 10.00% |
| Irish Corporate Fixed Interest | 1.00% |
| Italian Corporate Fixed Intere | 6.00% |
| Japanese Corporate Fixed Inter | 2.00% |
| Luxembourg Corporate Fixed Int | 9.00% |
| Mexican Corporate Fixed Intere | 3.00% |
| Middle East & African Corporat | 1.00% |
| Money Market | 2.00% |
| Norwegian Corporate Fixed Inte | 0.00% |
| Portuguese Corporate Fixed Int | 0.00% |
| Spanish Corporate Fixed Intere | 4.00% |
| Swedish Corporate Fixed Intere | 3.00% |
| Swiss Corporate Fixed Interest | 0.00% |
| UK Corporate Fixed Interest | 21.00% |
| UK Equities | 0.00% |
| US Corporate Fixed Interest | 8.00% |
Region Breakdown
| Name | Weight |
|---|---|
| Belgium | 0.00% |
| Czech Republic | 0.00% |
| Denmark | 0.00% |
| Eurozone | 0.00% |
| France | 6.00% |
| Germany | 10.00% |
| Ireland | 1.00% |
| Israel | 1.00% |
| Italy | 8.00% |
| Japan | 2.00% |
| Luxembourg | 9.00% |
| Mexico | 3.00% |
| Netherlands | 10.00% |
| Norway | 0.00% |
| Not Specified | 0.00% |
| Portugal | 0.00% |
| Spain | 4.00% |
| Sweden | 3.00% |
| Switzerland | 0.00% |
| UK | 98.00% |
| USA | 7.00% |
Sector Breakdown
| Name | Weight |
|---|---|
| Asset/Mortgage-Backed Securiti | 0.00% |
| Financials | 23.00% |
| Government Bonds | 3.00% |
| Industrials | 69.00% |
| Mortgage & Secured Bonds | 0.00% |
| Others | 2.00% |
| Utilities | 0.00% |
Top 10 Holdings
| Name | Weight |
|---|---|
| ALTICE FRANCE HLDG SA 8% BDS 1 | 2.00% |
| CYBG 8% VAR PERP GBP | 2.00% |
| ZIGGO BOND CO BV 3.375% BDS 28 | 2.00% |
| ARQIVA BROADCAST FINANCE PL 6. | 1.00% |
| KLEOPATRA HLDGS 8.5% BDS 30/06 | 1.00% |
| MATTERHORN TELECOM SA 3.125% B | 1.00% |
| PETROLEOS MEXICANOS 4.75% BDS | 1.00% |
| RABOBANK STICHTING AK 6.5% | 1.00% |
| TELECOM ITALIA FINANCE 7.75% B | 1.00% |
| TEVA PHARMACEUTICAL FIN NETH I | 1.00% |
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
