Fact sheet: F&C European High Yield Bond

Fund information

Fund name
F&C European High Yield Bond A EUR
Fund company manager
F&C Lux (BMO Global Asset Mana
Fund type
SIB
Fund manager
Chris Brils
since 14/08/2000
Fund objective
The Portfolio seeks to achieve an above average rate of return over the long term, measured in Euro, through investing principally in lower rated and unrated fixed income, floating rate and other debt securities issued predominantly by European companies, including preference shares, equity linked debt securities (such as convertibles) and securitised debt.
Benchmark
ML Euro currency HY, BB-B Constrained Index ex Subordinated Financials
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

6.53 %

1 Year rank in sector

12/28

Sector

FO Fixed Int - Europe

Yield
-
Fund size

£ 10.6 m

FE Risk score

80

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    97.5%
  • Money Market
    2.5%
  • Basic Industries
    14.5%
  • Telecommunications
    12.9%
  • Cyclical Consumer Goods
    12.7%
  • Others
    11.3%
  • Cyclical Services
    10.5%
  • European Fixed Interest
    97.5%
  • Money Market
    2.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.22 %3.21 %6.53 %15.78 %38.27 %
Sector0.34 %2.51 %4 %9.91 %24.26 %
Rank within sector21 / 2914 / 2812 / 288 / 237 / 16
Quartile th3 rd2 nd2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund4.54 %8.37 %2.49 %4.81 %8.26 %
Sector3.26 %5.13 %1.14 %5.17 %4.22 %
Rank within sector12 / 288 / 2710 / 2412 / 2010 / 19
Quartile th2 nd2 nd2 nd3 rd3 rd

Risk statistics

Alpha0.13
Beta1.53
Sharpe0.29
Volatility4.65
Tracking error2.51
Information ratio0.68
R-Squared0.8

Price movement

52 week high13.54
52 week low12.98
Current bid price0
Current offer price0
Current mid price13.52

Holdings by region

  • 97.5% Europe
  • 2.5% Money Market

Holdings by sector

  • 14.5% Basic Industries
  • 12.9% Telecommunications
  • 12.7% Cyclical Consumer Goods
  • 11.3% Others
  • 10.5% Cyclical Services
  • 8.2% Media
  • 7.9% Capital Goods
  • 6.6% Non-Cyclical Consumer Goods
  • 6.2% Utilities
  • 3.4% Financials

Holdings by asset type

  • 97.5% European Fixed Interest
  • 2.5% Money Market

Individual holdings

  • 2.7% FIAT FIN & TRADE 4.75% 15 JUL 2022
  • 2.3% PETROLEO BRASILEIRO 6.25% 14 DEC 2026
  • 2.2% CASINO GUICHARD-PERRACHON 3.248% MTN 07/03/24 EUR100000
  • 2.2% SOLVAY FINANCE 5.869% 03 JUN 2029
  • 2.1% AALLN 3.25% 03 APR 2023
  • 2.1% CEMEX FINANCE LLC 4.625% BDS 15/06/24 USD1000
  • 1.9% REXEL 2.625% MTN 15/06/24 EUR100000
  • 1.6% SOFTBANK GROUP CORP 5.25% BDS 30/07/27 EUR100000
  • 1.6% VIRGIN MEDIA SECURED FINANCE PLC 6.25% NTS 28/03/29 GBP1000144A
  • 1.4% INTRALOT CAPITAL LUXEMBOURG 6.75% BDS 15/09/21 EUR100000