Fact sheet: SKY Hrb Gl Fd USShDurHiY

Fund information
Fund name
SKY Harbor Global Funds US Short Duration High Yield B Cap USD
Fund manager company
SKY Harbor Capital Management
Fund type
Offshore Fund
Fund manager
  • Anne Yobagesince 04/04/2012
Fund objective
To generate a high level of current income whilealso experiencing lower volatility than thebroader high yield market. The Fund principallyinvests in US below-investment-grade corporatedebt securities that are expected to be redeemedthrough maturity, call or other corporate actionwithin three years. The strategy seeks to capturethe current income of the high yield market withsubstantially less volatility through theconsistency of monthly returns and reinvestment.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
5.1%
1 Year rank in sector
37/43
Sector
FO Fixed Int - USD High Yield
Yield
-
Fund size
£0m
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.
20
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Corp Bd32.2%
Allianz US HiYd30.7%
Old Mutual MtyInc HiYdBd25.9%
Nomura US Hg Yld Bd13.1%
Morg Stnly US$ HiYd Bd10.9%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.7%3.2%5.1%3.2%-
Sector0.6%0.7%5.2%8.5%8.6%32.8%
Rank within sector23 / 4516 / 4335 / 4337 / 4328 / 34-
Quartile3rd2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.9%-1.5%-1.3%5.5%-
Sector10.7%-3.1%0.7%6.2%14.1%
Rank within sector40 / 4310 / 3931 / 3420 / 33-
Quartile4th2nd4th3rd
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.
-0.54
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.
0.58
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%.
3.08
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.
2.35
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.
-0.7
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 high114.57
52 week low104.66
Current bid price-
Current offer price-
Current mid price113.92
Region
No data available.
Industry sector
1BB-21%
2BB17%
3B-16%
4B+14%
5B12%
6CCC9%
7BB+7%
8BBB-3%
9C1%
Asset type
1Global High Yield Fixed Interest100%
Individual holdings
1SPRINT NEXTEL CORP1.68%
2ALLY FINANCIAL INC1.62%
3CIT GROUP INC1.62%
4AERCAP IRELAND C1.43%
5T-MOBILE USA, INC.1.37%
6CABLEVISION SYS1.28%
7TENET HEALTHCARE1.28%
8 VPI ESCROW CORP1.24%
9FRONTIER COMM1.2%
Management
Fund manager group
SKY Harbor Capital Management
Fund manager company
SKY Harbor Capital Management
Fund type
Offshore Fund
Fund objective
To generate a high level of current income whilealso experiencing lower volatility than thebroader high yield market. The Fund principallyinvests in US below-investment-grade corporatedebt securities that are expected to be redeemedthrough maturity, call or other corporate actionwithin three years. The strategy seeks to capturethe current income of the high yield market withsubstantially less volatility through theconsistency of monthly returns and reinvestment.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Anne Yobage04/04/2012Anne Yobage, a founder and Director of SKY Harbor Capital Management, LLC, has 25 years of investment experience. Previously, she was Co-Head of US High Yield and senior portfolio manager at AXA Investment Managers, with specific responsibility for the Short Duration High Yield strategy. Before joining AXA IM, Ms. Yobage was a founder of Cardinal Capital Management and co-head of the high yield group. Her career includes serving as co-head of the high yield group at Deltec Asset Management and a high yield credit analyst at Kidder Peabody. She holds a B.A. from Swarthmore College and was awarded the Chartered Financial Analyst designation.
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, Denmark, Spain, Finland, France, United Kingdom, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
SKY Harbor Global Funds US Short Duration High Yield A Cap USD
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price115.52
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJG
SKY Harbor Global Funds US Short Duration High Yield A Dis USD
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price92.03
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFAJH
SKY Harbor Global Funds US Short Duration High Yield A Hedged Cap CHF
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price110.67
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJA
SKY Harbor Global Funds US Short Duration High Yield A Hedged Cap DKK
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price111
CurrencyDKK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJB
SKY Harbor Global Funds US Short Duration High Yield A Hedged Cap EUR
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price112.89
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJC
SKY Harbor Global Funds US Short Duration High Yield A Hedged Cap GBP
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price115.88
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJD
SKY Harbor Global Funds US Short Duration High Yield A Hedged Cap NOK
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price119.81
CurrencyNOK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJE
SKY Harbor Global Funds US Short Duration High Yield A Hedged Cap SEK
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price114.84
CurrencySEK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJF
SKY Harbor Global Funds US Short Duration High Yield A Hedged Dis GBP
Initial charge-
Annual charge0.45%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.54%
Bid price-
Offer price-
Mid price91.93
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDUE
SKY Harbor Global Funds US Short Duration High Yield B Cap USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price113.92
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJR
SKY Harbor Global Funds US Short Duration High Yield B Hedged Cap CHF
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price109.14
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJI
SKY Harbor Global Funds US Short Duration High Yield B Hedged Cap DKK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price106.54
CurrencyDKK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJJ
SKY Harbor Global Funds US Short Duration High Yield B Hedged Cap EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price111.2
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJK
SKY Harbor Global Funds US Short Duration High Yield B Hedged Cap GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price114.27
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJL
SKY Harbor Global Funds US Short Duration High Yield B Hedged Cap NOK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price116.32
CurrencyNOK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJM
SKY Harbor Global Funds US Short Duration High Yield B Hedged Cap SEK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price111.33
CurrencySEK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJN
SKY Harbor Global Funds US Short Duration High Yield B Hedged Dis CHF
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.09
CurrencyCHF
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0NA
SKY Harbor Global Funds US Short Duration High Yield B Hedged Dis DKK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price89.64
CurrencyDKK
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFAJO
SKY Harbor Global Funds US Short Duration High Yield B Hedged Dis EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price92.09
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFAJP
SKY Harbor Global Funds US Short Duration High Yield B Hedged Dis SEK
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price92.69
CurrencySEK
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFAJQ
SKY Harbor Global Funds US Short Duration High Yield C Hedged Dis EUR
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 price96.88
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFVXM
SKY Harbor Global Funds US Short Duration High Yield E Hedged Cap EUR
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price107.95
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJS
SKY Harbor Global Funds US Short Duration High Yield F Hedged Cap CHF
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price107.71
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJT
SKY Harbor Global Funds US Short Duration High Yield F Hedged Cap EUR
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price109.85
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJU
SKY Harbor Global Funds US Short Duration High Yield F Hedged Cap GBP
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price112.55
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJV
SKY Harbor Global Funds US Short Duration High Yield F Hedged Cap SEK
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price109.26
CurrencySEK
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJY
SKY Harbor Global Funds US Short Duration High Yield F Hedged Cap USD
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price112.42
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAJZ
SKY Harbor Global Funds US Short Duration High Yield F Hedged Dis EUR
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price91.45
CurrencyEUR
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFAJW
SKY Harbor Global Funds US Short Duration High Yield F Hedged Dis SEK
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price92.48
CurrencySEK
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFAJX
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.