Fact sheet: Newton Global Hi Yield Bd

Fund information
Fund name
Newton Global High Yield Bond W Acc
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund managers
  • Parmeshwar Chadhasince 01/11/2007
Fund objective
Income by investing in a wide range of bonds and similar debt investments issued by companies throughout the world.
Benchmark
  • BOFA ML Glbl HY Excl Bank Cap & Jr Sub (GBP Hdgd)
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
10.2%
1 Year rank in sector
2/22
Sector
UT Sterling High Yield
Yield
5.2%
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.
0.61%
Fund size
£103m (£127m 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.
33
Mid price
121.33
Top in this sector
Fund name1 Year
Fidelity Global High Yield12%
Newton Global Hi Yield Bd10.2%
L&G High Income Trust10%
Investec MonthlyHiInc9.6%
JPM Global High Yield Bond8.9%
...more in UT Sterling High Yield

Performance snapshot

Holdings snapshot

  • North America36.1%
    Europe31.6%
    UK20.7%
    Others13.9%
    Money Market-2.2%
  • Telecommunications21.7%
    Industrials19.1%
    Media16.9%
    Consumer Goods14.3%
    Others11.4%
  • North American Fixed Interest36.1%
    European Fixed Interest31.6%
    UK Fixed Interest20.7%
    Global Fixed Interest13.9%
    Money Market-2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-0.7%6%10.2%7.9%39.7%
Sector-0.1%-0.2%4.1%6.6%10.3%39.8%
Rank within sector22 / 2216 / 223 / 222 / 2217 / 2112 / 19
Quartile4th3rd1st1st4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund11.9%-2.9%-1.2%5.9%22%
Sector8.1%-0.3%1.8%6.2%18.4%
Rank within sector3 / 2218 / 2221 / 2115 / 206 / 19
Quartile1st4th4th3rd2nd
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.
-0.93
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.
1.19
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%.
5.63
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.
2.15
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.
-0.19
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.
0.88
Price movement
52 week high123.53
52 week low104.83
Current bid price-
Current offer price-
Current mid price121.33
Region
1North America36.12%
2Europe31.56%
3UK20.7%
4Others13.86%
5Money Market-2.24%
Industry sector
1Telecommunications21.66%
2Industrials19.11%
3Media16.94%
4Consumer Goods14.28%
5Others11.44%
6Government Agency Bonds7.2%
7Financials5.79%
8Asset/Mortgage-Backed Securities3.44%
9Utilities1.39%
Asset type
1North American Fixed Interest36.12%
2European Fixed Interest31.56%
3UK Fixed Interest20.7%
4Global Fixed Interest13.86%
5Money Market-2.24%
Individual holdings
1SPRINT CAP CORP9.62%
2 US TREASURY BILL7.29%
3VIRGIN MEDIA FINANCE PLC4.74%
4TSY CORP OF VICTORIA4.71%
5PETROLEO BRASILEIRO SA PETROBRAS4.45%
6AGROKOR DD3.79%
7UNITYMEDIA3.32%
81011778 BC ULC /2.52%
9NEW ZEALAND LOCAL GOVT2.49%
Management
Fund manager group
Newton & BNY Mellon Asset Mgmt
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund objective
Income by investing in a wide range of bonds and similar debt investments issued by companies throughout the world.
Benchmark
  • BOFA ML Glbl HY Excl Bank Cap & Jr Sub (GBP Hdgd)
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Parmeshwar Chadha01/11/2007Parmi is a fixed income fund manager. In addition to his responsibilities as manager of the Global High Yield Fund he is also the lead manager on all of Newton’s high yield positions. Parmi is also the co-manager of the Newton Global Dynamic Bond fund. He is a member of the bond/FX and credit strategy groups, and of the weekly credit meeting. Parmi began his career at Citigroup, where he worked in global portfolio management and became a senior associate. He joined Newton in 2006, and is a CFA charterholder.7 years at Newton and 12 years’ credit experience
Compliance
Transparent for German Tax, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Australia, Austria, Germany, Spain, United Kingdom, Portugal
Newton Global High Yield Bond
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price60.73
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBS92
Newton Global High Yield Bond B Acc
Initial charge-
Annual charge0.65%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.37
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTLP
Newton Global High Yield Bond B Inc
Initial charge-
Annual charge0.65%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.32
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTLO
Newton Global High Yield Bond P Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.89
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVEE
Newton Global High Yield Bond W Acc
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.33
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGP1S
Newton Global High Yield Bond W Inc
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.59
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGP1R
Newton Global High Yield Bond X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price114.94
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCRZ4
Newton Global High Yield Bond X Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price84.83
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA18W
Data provided by

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