Fact sheet: Kames HiYiGlBd

Fund information
Fund name
Kames High Yield Global Bond B Hedged Acc GBP
Fund manager company
Kames Capital
Fund type
OEIC
Fund managers
  • David Robertssince 01/06/2016
  • Philip Milburnsince 08/11/2007
Fund objective
To maximise total return (income plus capital).
Benchmark
  • Lipper Global Bond Global High Yield Sector Median
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.3%
1 Year rank in sector
44/76
Sector
FO Fixed Int - Global High Yield
Yield
4%
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.
1.03%
Fund size
£423m (£485m 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.
37
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd29.6%
Pioneer SICV-Gbl Hi Yld26.5%
HSBC GIF Gbl AsBk Hg Yld Bd21.3%
Schroder ISFGbHiIBd14.9%
BlueBay Em Mkt HY Crp14.1%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA49.4%
    Money Market19.4%
    UK11.9%
    Others5.7%
    Germany4.5%
  • Industrials63.1%
    Money Market19.4%
    Financials13.3%
    Asset/Mortgage-Backed Securities2.3%
    Utilities1.9%
  • Global Fixed Interest80.6%
    Money Market19.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%4.8%5.8%7.3%16.1%-
Sector0.2%4.6%7.5%7.7%11.1%36%
Rank within sector76 / 8248 / 8152 / 8044 / 7613 / 58-
Quartile4th3rd3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund7.7%-0.6%5%6.7%19.9%
Sector9.5%-2.5%1.4%5.2%15.5%
Rank within sector55 / 7921 / 6911 / 6219 / 502 / 41
Quartile3rd2nd1st2nd1st
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.
1.7
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.
0.97
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.
0.45
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%.
4.86
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.
1.38
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.
1.14
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.
0.92
Price movement
52 week high14.86
52 week low13.16
Current bid price-
Current offer price-
Current mid price14.77
Region
1USA49.4%
2Money Market19.4%
3UK11.9%
4Others5.7%
5Germany4.5%
6France2.9%
7Switzerland2.5%
8Canada1.4%
9Luxembourg1.3%
Industry sector
1Industrials63.1%
2Money Market19.4%
3Financials13.3%
4Asset/Mortgage-Backed Securities2.3%
5Utilities1.9%
Asset type
1Global Fixed Interest80.6%
2Money Market19.4%
Individual holdings
1CCO HLDGS LLC/CAP CORP 5.125% BDS 01/05/23 USD10001.82%
2ACCESS MIDSTREAM PARTNERS LP 5.875% BDS 15/03/24 USD20001.61%
3CPUK FINANCE LTD 7% BDS 28/08/20 GBP1000001.52%
4FRESENIUS US FINANCE II INC 4.25% BDS 01/02/21 USD10001.49%
5FRONTIER COMMUNICATIONS CORP 10.5% NTS 15/09/22 USD10001.48%
6CITIGROUP INC DEP SHS REPSTG 1/25TH PFD D FLTG RT1.42%
7CABLEVISION SYSTEMS CORP 5.875% BDS 15/09/22 USD10001.31%
8DAVITA INC 5.125% BDS 15/07/24 USD20001.3%
9SERVICE CORP INTL 4.5% BDS 15/11/20 USD10001.28%
Management
Fund manager group
Kames Capital
Fund manager company
Kames Capital
Fund type
OEIC
Fund objective
To maximise total return (income plus capital).
Benchmark
  • Lipper Global Bond Global High Yield Sector Median
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Roberts01/06/2016David is Joint Head of Fixed Income and is jointly responsible for managing the fixed income team. He joined us in 2004 from Britannic Asset Management where he was Head of Credit. David studied Economics and Industrial Relations at the University of Strathclyde and has an MSc in Investment Analysis.
Philip Milburn08/11/2007Philip is an investment manager in the fixed income team. He joined us in 1997 straight from university. Philip studied Economics at the University of Edinburgh.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Malta, Netherlands, Offshore, Sweden
Kames High Yield Global Bond A Acc USD
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.0892
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGZLY
Kames High Yield Global Bond A Hedged Acc CHF
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price12.3992
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5DY
Kames High Yield Global Bond A Hedged Acc EUR
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price12.7194
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG0VZ
Kames High Yield Global Bond A Hedged Inc EUR
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price7.3564
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA6C0
Kames High Yield Global Bond A Hedged Inc GBP
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price5.3153
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA6C1
Kames High Yield Global Bond A Inc USD
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price11.0292
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA6C2
Kames High Yield Global Bond B Hedged Acc CHF
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.0181
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJV4G
Kames High Yield Global Bond B Hedged Acc EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price12.9265
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG0WA
Kames High Yield Global Bond B Hedged Acc GBP
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price14.772
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LPJ
Kames High Yield Global Bond B Hedged Acc SEK
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.296
CurrencySEK
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMY1Y
Kames High Yield Global Bond B Hedged Inc EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price11.1746
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0LPK
Kames High Yield Global Bond B Hedged Inc GBP
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price11.0878
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM9O8
Kames High Yield Global Bond B Inc USD
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price11.1146
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIQG5
Kames High Yield Global Bond I Hedged Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10238.5574
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMDXC
Kames High Yield Global Bond L Hedged Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10162.2527
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMDXD
Data provided by

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