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 dividend yield and the potential for capital growth by investing mainly in high yielding fixed interest securities.
Benchmark
No Specified Index
Investment style
Cautious
Investment method
None

Performance snapshot

Quick stats

1 Year return

12.89 %

1 Year rank in sector

4/7

Sector

IT UK Equity & Bond Income

Yield

7.1673

Fund size

£ 231.1 m

FE Risk score

82

NAV

58.67

Discount/Premium

+4.3975

Gearing

108

Top in sector

Holdings snapshot

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

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.21 %4.39 %12.89 %14.48 %38.23 %
Sector-0.03 %7.7 %18.21 %34.15 %97.58 %
Rank within sector6 / 75 / 74 / 77 / 77 / 7
Quartile th4 th3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund9.42 %13.97 %-6.21 %6.76 %2.97 %
Sector14.53 %7.29 %11.14 %-1.52 %35.34 %
Rank within sector4 / 72 / 77 / 72 / 77 / 7
Quartile th3 rd2 nd4 th2 nd4 th

Risk statistics

Alpha2.7
Beta0.43
Sharpe0.34
Volatility9.38
Tracking error9.73
Information ratio-0.32
R-Squared0.13

Price movement

52 week high64.5
52 week low57.25
Current bid price61.25
Current offer price61.75
Current mid price61.25

Holdings by region

  • 100% International

Holdings by sector

  • 83% Fixed Interest
  • 17% Convertibles

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 3.1% CYBG 8% 29/12/2049 VAR PERP
  • 3% GALAXY FINCO LTD 7.875% BDS 15/11/21 GBP100000REG S
  • 2.8% GARFUNKELUX HOLDCO 2 SA 11% BDS 01/11/23 GBP100000 144A
  • 2.8% REA FINANCE BV 8.75% GTD STLG NTS 31/08/20 GBP100000
  • 2.6% ONESAVINGS BANK 9.125% 25/05/2022
  • 2.6% PIZZAEXPRESS FINANCING 8.625% BDS 01/08/22 GBP100000REG S
  • 2.5% BARCLAYS BANK 7% 15/09/2019
  • 2.4% EURONAV LUXEMBOURG SA 7.5% BDS 31/05/22 USD200000
  • 2.3% PARTNERSHIP LIFE ASSURANCE CO 9.5% GTD SUB NTS 24/03/25 GBP100000
  • 2.3% PUNCH TAVERNS FINANCE B LIMITED 7.75% NTS 30/12/25 GBP B3