Fact sheet: F&C Maximum Income Bond

Fund information

Fund name
F&C Maximum Income Bond C Inc
Fund company manager
F&C (BMO Global Asset Manageme
Fund type
OIC
Fund manager
BMO GAM (EMEA) Credit Team
since 31/03/2017
Fund objective
The fund aims to maximise returns through investment primarily in high-yielding global fixed interest securities. The fund will invest predominantly in US dollar, sterling and euro denominated high yielding securities including non-investment grade bonds. To manage risk the fund will seek a wide degree of diversification and will adopt a rigorous credit management process.
Benchmark
IA Sterling High Yield median
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

9.3 %

1 Year rank in sector

14/23

Sector

UT Sterling High Yield

Yield

4.2

Fund size

£ 72.4 m

FE Risk score

31

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    97.7%
  • Money Market
    2.3%
  • Others
    17.6%
  • Telecommunications
    13.7%
  • Cyclical Consumer Goods
    12.4%
  • Basic Industries
    10.2%
  • Cyclical Services
    10.1%
  • UK Fixed Interest
    97.7%
  • Money Market
    2.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.89 %4.66 %9.3 %12.79 %39.83 %
Sector0.53 %4.43 %10 %11.25 %36.42 %
Rank within sector4 / 239 / 2314 / 2312 / 2211 / 21
Quartile th1 st2 nd3 rd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund4.35 %8.77 %0.67 %3.42 %7.26 %
Sector4.07 %9.87 %-0.27 %1.85 %6.22 %
Rank within sector9 / 2312 / 2310 / 236 / 2214 / 21
Quartile th2 nd3 rd2 nd2 nd3 rd

Risk statistics

Alpha0.56
Beta1.04
Sharpe0.16
Volatility4.91
Tracking error1.32
Information ratio0.52
R-Squared0.93

Price movement

52 week high54.49
52 week low50.76
Current bid price0
Current offer price0
Current mid price54.37

Holdings by region

  • 97.7% UK
  • 2.3% Money Market

Holdings by sector

  • 17.6% Others
  • 13.7% Telecommunications
  • 12.4% Cyclical Consumer Goods
  • 10.2% Basic Industries
  • 10.1% Cyclical Services
  • 8.3% Banks
  • 8.3% Media
  • 5.3% Utilities
  • 4.2% Insurance
  • 4.1% Capital Goods

Holdings by asset type

  • 97.7% UK Fixed Interest
  • 2.3% Money Market

Individual holdings

  • 1.5% UNITYMEDIA HESSEN / NRW 6.25% BDS 15/01/29 EUR1000
  • 1.4% CHANNEL LINK 30 JUN 2050
  • 1.3% CROWN EURO HLDGS SA 3.375% BDS 15/05/25 EUR100000
  • 1.1% ALCOA NEDERLAND HOLDING BV 6.75% BDS 30/09/24 USD200000
  • 1.1% FIAT FIN & TRADE 4.75% 15 JUL 2022
  • 1.1% HUNTSMAN INTERNATIONAL 5.125% BDS 15/04/21 EUR100000
  • 1.1% NOKIA CORP 2% BDS 15/03/24 EUR1000
  • 1.1% SCHAEFFLER VERWALTUNG ZW 3.75% BDS 15/09/26 EUR100000
  • 1.1% SOFTBANK GROUP CORP 5.25% BDS 30/07/27 EUR100000
  • 1.1% TALK TALK TELECOM GROUP PLC 5.375% MTN 15/01/22 GBP100000