Fact sheet: CQS NewCityHighYldFdLtdOrd NPV

Fund information

Fund name
CQS New City High Yield Fund Limited Ord NPV
Fund company manager
New City Investment Managers
Fund type
ITR
Fund manager
Merfyn Roberts
since 01/11/2009
Fund objective
To provide investors with a high gross dividend yield and the potential for capital growth by mainly investing in high yielding fixed interest securities.
Benchmark
No Specified Index
Investment style
High Yield
Investment method
-

Performance snapshot

Quick stats

1 Year return

18.46 %

1 Year rank in sector

5/7

Sector

IT UK Equity & Bond Income

Yield

7.024

Fund size

£ 227.2 m

FE Risk score

84

NAV

58.88

Discount/Premium

+6.1481

Gearing

100

Top in sector

Holdings snapshot

  • International
    100%
  • Fixed Interest
    83%
  • Convertibles
    17%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.18 %11.22 %18.46 %16.27 %50.28 %
Sector3.11 %15.6 %21.44 %29.53 %111.04 %
Rank within sector7 / 76 / 75 / 77 / 77 / 7
Quartile th4 th4 th3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund9.1 %13.97 %-6.21 %6.76 %2.97 %
Sector12.52 %7.29 %11.14 %-1.52 %35.34 %
Rank within sector6 / 72 / 77 / 72 / 77 / 7
Quartile th4 th2 nd4 th2 nd4 th

Risk statistics

Alpha1.85
Beta0.43
Sharpe0.14
Volatility9.62
Tracking error9.91
Information ratio-0.27
R-Squared0.13

Price movement

52 week high63.375
52 week low53.5
Current bid price62
Current offer price62.5
Current mid price62.5

Holdings by region

  • 100% International

Holdings by sector

  • 83% Fixed Interest
  • 17% Convertibles

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 3.2% UNIQUE PUB FINANCE CO 7.395% 28/03/2024
  • 2.9% GALAXY FINCO LTD 7.875% BDS 15/11/21 GBP100000REG S
  • 2.8% GARFUNKELUX HOLDCO 2 SA 11% BDS 01/11/23 GBP100000 144A
  • 2.7% PIZZAEXPRESS FINANCING 8.625% BDS 01/08/22 GBP100000REG S
  • 2.6% REA FINANCE BV 8.75% GTD STLG NTS 31/08/20 GBP100000
  • 2.5% BARCLAYS BANK 7% 15/09/2019
  • 2.3% PARTNERSHIP LIFE ASSURANCE CO 9.5% GTD SUB NTS 24/03/25 GBP100000
  • 2.3% TRAFIGURA BEHEER 7.625% 29/10/2049 PERP CALL
  • 2.1% MATALAN FINANCE LTD 8.875% BDS 01/06/20 GBP100000REG S
  • 2.1% SAS AB