Fact sheet: Eastspring Inv AHYBd

Fund information

Fund name
Eastspring Inv Asian High Yield Bond C USD
Fund company manager
Eastspring Investments (Lux) S
Fund type
SIB
Fund manager(s)
Wai Mei Leong
since 03/10/2011
Fund objective
This Sub-Fund invests in a diversified portfolio consisting primarily of high yield fixed income / debt securities issued by Asian entities or their subsidiaries. This Sub-Fund’s portfolio primarily consists of securities denominated in US dollars as well as the various Asian currencies and aims to maximize total returns through investing primarily in fixed income / debt securities rated below BBB-. This Sub-Fund may invest up to 20% of its net assets in ABS, MBS, Contingent Convertible Bonds (“CoCos”), Distressed Securities and Defaulted Securities, with a limit of 10% for Distressed Securities and Defaulted Securities combined. In addition, this Sub-Fund may invest up to 10% of its net assets in synthetic fixed income instruments (including credit-linked notes). It may also hold up to 10% of its net assets in equity securities to the extent that such securities result from the conversion or exchange of a preferred stock or debt obligation. This Sub-Fund may make investments up to 10% of its net assets in Chinese onshore debt securities through the China interbank bond market direct access program (the “CIBM Direct Access Program”) and/or China Hong Kong Bond Connect (“Bond Connect”).
Benchmark
JACI Non-Investment Grade Index
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

5.19 %

1 Year rank in sector

19/30

Sector

FO Fixed Int - Asia Pacific

Yield
-
Fund size

£ 193.7 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    48.8%
  • India
    10.3%
  • Indonesia
    10.1%
  • Money Market
    6.6%
  • Hong Kong
    6.3%
  • Real Estate
    38.9%
  • Money Market
    21.4%
  • Government Bonds
    11.4%
  • Banks
    6.4%
  • Mineral Extraction
    5.5%
  • Chinese Fixed Interest
    48.8%
  • Indian Fixed Interest
    10.3%
  • Indonesian Fixed Interest
    10.1%
  • Asia Pacific Emerging Fixed Interest
    8.4%
  • Money Market
    6.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.63 %3.14 %5.19 %25.32 %28.57 %
Sector0.39 %2.37 %5.59 %9.63 %9.05 %
Rank within sector14 / 3313 / 3019 / 302 / 224 / 20
Quartile th2 nd2 nd3 rd1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.5 %5.78 %12.07 %2.65 %5.45 %
Sector0.29 %6.61 %4.65 %-2.04 %3.68 %
Rank within sector13 / 3319 / 305 / 275 / 228 / 21
Quartile th2 nd3 rd1 st1 st2 nd

Risk statistics

Alpha3.82
Beta0.96
Sharpe0.65
Volatility5.01
Tracking error2.92
Information ratio1.25
R-Squared0.66

Price movement

52 week high14.008
52 week low13.323
Current bid price0
Current offer price0
Current mid price14.008

Holdings by region

  • 48.8% China
  • 10.3% India
  • 10.1% Indonesia
  • 6.6% Money Market
  • 6.3% Hong Kong
  • 5.8% Sri Lanka
  • 4.9% Philippines
  • 2.8% Macau
  • 2.6% Pakistan
  • 1.8% Mongolia

Holdings by sector

  • 38.9% Real Estate
  • 21.4% Money Market
  • 11.4% Government Bonds
  • 6.4% Banks
  • 5.5% Mineral Extraction
  • 5.3% Financials
  • 3.4% Transport
  • 3.1% Utilities
  • 2.4% Oil & Gas
  • 2.2% Hotels

Holdings by asset type

  • 48.8% Chinese Fixed Interest
  • 10.3% Indian Fixed Interest
  • 10.1% Indonesian Fixed Interest
  • 8.4% Asia Pacific Emerging Fixed Interest
  • 6.6% Money Market
  • 6.3% Hong Kong Fixed Interest
  • 4.9% Philippine Fixed Interest
  • 4.6% Asia Pacific Fixed Interest

Individual holdings

  • 2.11% CHINA EVERGRANDE GROUP 6.25% MTN 28/06/21 USD1000
  • 2.02% CHINA EVERGRANDE GROUP 8.75% MTN 28/06/25 USD1000
  • 1.35% PROVEN HONOUR CAPITAL LTD 4.125% BDS 06/05/26 USD200000
  • 1.32% LOGAN PROPERTY HLDGS LTD 5.125% BDS 02/11/18 USD200000
  • 1.28% CIFI HLDGS GROUP CO LTD 5.375% UNDATED BDS USD200000
  • 1.28% GREENLAND GLOBAL INV 3.5% BDS 06/09/19 USD200000
  • 1.22% CHINA EVERGRANDE GROUP 7.5% MTN 28/06/23 USD1000
  • 1.17% KAISA GROUP HLDGS LTD 0% MTN 31/12/22 USD1000
  • 1.15% SHIMAO PROPERTY HOLDINGS 8.375% NTS 10/02/22 USD200000
  • 1.13% GMR HYDERABAD INTL AIRPORT LIMITED 4.25% SRN 27/10/27 USD200000REG S