Fact sheet: Barings Dlpd&EmgHghYlBd

Fund information
Fund name
Barings Developed and Emerging Markets High Yield Bond Qtrly NAV GBP
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
Unit Trust
Fund managers
  • Nigel Sillissince 30/06/2016
Fund objective
The primary investment objective of the Fund is to produce a high level of current yield in dollar terms, commensurate with an acceptable level of risk. Any capital appreciation will be incidental. The policy of the Fund is to invest in a combination of debt and loan securities (including credit linked securities) of corporations and governments (including any agency of government or central bank) of any member state of the Organisation for Economic Co-operation and Development (“OECD”) and of any developing or emerging markets.
Benchmark
  • Merrill Lynch Global High Yield BB-B Rated USD Hedged
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
10.4%
1 Year rank in sector
-
Sector
FO Fixed Int - Global High Yield
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.27%
Fund size
£639m (£584m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
34
Top in this sector
Fund name1 Year
Pioneer SICV-Gbl Hi Yld28%
Natixis LoomsSyles HInc22.1%
Franklin High Yield17%
T. Rowe Price Gbl HiYld Bd16.9%
Fidelity Gbl Hi Yld16.5%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA59.2%
    Europe15.2%
    Global Emerging Markets10.8%
    UK10.6%
    Money Market4.2%
  • High Yield Bond95.8%
    Money Market4.2%
  • Global High Yield Fixed Interest95.8%
    Money Market4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%1.5%3%10.4%4.8%21%
Sector-0.6%1.5%3%10.6%9.3%27.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1.2%11.1%-4.2%-1.6%7.1%
Sector1.3%11.4%-2.5%1.4%5.2%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.96
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.14
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
5.61
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.63
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.94
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.93
Price movement
52 week high6.47
52 week low6.11
Current bid price-
Current offer price-
Current mid price6.38
Region
1USA59.2%
2Europe15.2%
3Global Emerging Markets10.8%
4UK10.6%
5Money Market4.2%
Industry sector
1High Yield Bond95.8%
2Money Market4.2%
Asset type
1Global High Yield Fixed Interest95.8%
2Money Market4.2%
Individual holdings
1CEQUEL COMMUNICATIONS HLG I/CAP CRP 6.375% BDS 15/09/20 USD1000 144A1.5%
2LIBERTY MEDIA CORP 8.25% SNR DEB 1/2/2030 USD10001.5%
3DIAMOND 1 FIN/DIAMOND 2 7.125% BDS 15/06/24 USD2000 REG S1.4%
4SABINE PASS LNG LP 5.625% BDS 01/02/21 USD1000 144A1.4%
5TELECOM ITALIA SPA(NEW) 5.303% BDS 30/05/24 USD1000 144A1.4%
6ENERGY TRANSFER EQUITY LP FRN 01/11/66 USD10001.3%
7HERTZ CORP 5.875% NTS 15/10/20 USD10001.3%
8JUPITER RESOURCES INC 8.5% NTS 01/10/22 USD1000 144A1.3%
9SPRINT CAPITAL CORP 6.875% NTS 15/11/2028 USD10001.3%
Management
Fund manager group
Baring
Fund manager company
Baring Intl Fund Mgr (Ire) Ltd
Fund type
Unit Trust
Fund objective
The primary investment objective of the Fund is to produce a high level of current yield in dollar terms, commensurate with an acceptable level of risk. Any capital appreciation will be incidental. The policy of the Fund is to invest in a combination of debt and loan securities (including credit linked securities) of corporations and governments (including any agency of government or central bank) of any member state of the Organisation for Economic Co-operation and Development (“OECD”) and of any developing or emerging markets.
Benchmark
  • Merrill Lynch Global High Yield BB-B Rated USD Hedged
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Nigel Sillis30/06/2016Nigel is the Director of Research and an Investment Manager in the Fixed Income and Currency Team. He leads and coordinates the full research effort on fixed income, currency and credit and is responsible for providing the research activity output to the investment managers. He is also responsible for the management of aggregate portfolios for European clients and for the management of the Collateralised Debt Obligation fund. Nigel joined Baring Asset management in 2000 and, prior to being appointed to his current position, undertook various roles in the Fixed Income team including Head of Credit Research. He previously worked at NatWest Bank where he spent seven years working in Credit Appraisal, Financial Analysis and Credit Rating Analysis within the Corporate Finance division. Nigel is a graduate of the University of Manchester Institute of Science and Technology (First Class Hons in Financial Services). Nigel is an associate member of the Chartered Institute of Bankers and of the Association of Corporate Treasurers and was awarded his CFA designation in 2002.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Hong Kong, Ireland, Luxembourg, Macau, Offshore, Singapore, Sweden, Taiwan - Province Of China
Barings Developed and Emerging Markets High Yield Bond A Acc NAV USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price14
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0I5F
Barings Developed and Emerging Markets High Yield Bond A Hedged NAV AUD
Initial charge-
Annual charge1%
Min single investment£6,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price10.72
CurrencyAUD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG6IM
Barings Developed and Emerging Markets High Yield Bond A Hedged NAV CAD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price10.2
CurrencyCAD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG6IO
Barings Developed and Emerging Markets High Yield Bond A Hedged NAV CHF
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price12.68
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ9MB
Barings Developed and Emerging Markets High Yield Bond A Hedged NAV NZD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price14.02
CurrencyNZD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG6IQ
Barings Developed and Emerging Markets High Yield Bond A Hedged NAV RMB
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price66.81
CurrencyCNH
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM42Z
Barings Developed and Emerging Markets High Yield Bond A NAV EUR
Initial charge5%
Annual charge1%
Min single investment£3,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price9.18
CurrencyEUR
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW505
Barings Developed and Emerging Markets High Yield Bond A NAV GBP
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price6.34
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW502
Barings Developed and Emerging Markets High Yield Bond A NAV HKD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price77.72
CurrencyHKD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIIF9
Barings Developed and Emerging Markets High Yield Bond A NAV USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price9.93
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY985
Barings Developed and Emerging Markets High Yield Bond I Acc NAV USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price13.78
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0RIR
Barings Developed and Emerging Markets High Yield Bond I Hedged Inc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0M7Q
Barings Developed and Emerging Markets High Yield Bond I NAV EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price12.73
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeABUG
Barings Developed and Emerging Markets High Yield Bond Mthly NAV USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price9.85
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW503
Barings Developed and Emerging Markets High Yield Bond NAV EUR
Initial charge5%
Annual charge1%
Min single investment£3,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price9.81
CurrencyEUR
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW504
Barings Developed and Emerging Markets High Yield Bond Qtrly NAV GBP
Initial charge5%
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price6.38
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0SMA
Data provided by

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