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
OEIC
Fund manager(s)
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

7.85 %

1 Year rank in sector

10/23

Sector

UT Sterling High Yield

Yield

4.2

Fund size

£ 45.7 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    97.3%
  • Money Market
    2.7%
  • Others
    21.7%
  • Telecommunications
    12.8%
  • Cyclical Consumer Goods
    10.4%
  • Cyclical Services
    10%
  • Basic Industries
    8.4%
  • UK Fixed Interest
    97.3%
  • Money Market
    2.7%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.88 %4.73 %7.85 %18.51 %33.74 %
Sector0.85 %4.2 %7.74 %17.42 %29.87 %
Rank within sector10 / 236 / 2310 / 2311 / 239 / 21
Quartile th2 nd2 nd2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.82 %8.77 %0.67 %3.42 %7.26 %
Sector6.5 %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

Alpha0.08
Beta1.08
Sharpe0.33
Volatility4.76
Tracking error1.25
Information ratio0.34
R-Squared0.94

Price movement

52 week high54.9
52 week low51.85
Current bid price0
Current offer price0
Current mid price54.92

Holdings by region

  • 97.3% UK
  • 2.7% Money Market

Holdings by sector

  • 21.7% Others
  • 12.8% Telecommunications
  • 10.4% Cyclical Consumer Goods
  • 10% Cyclical Services
  • 8.4% Basic Industries
  • 7.9% Media
  • 7.5% Banks
  • 5.7% Insurance
  • 5% Capital Goods
  • 4.2% Financials

Holdings by asset type

  • 97.3% UK Fixed Interest
  • 2.7% Money Market

Individual holdings

  • 1.7% UNITYMEDIA HESSEN / NRW 6.25% BDS 15/01/29 EUR1000
  • 1.5% HUNTSMAN INTERNATIONAL 5.125% BDS 15/04/21 EUR100000
  • 1.4% PAPREC HOLDING 7.375% 01/04/2023
  • 1.4% UPCB FINANCE 4% 15/01/2027
  • 1.3% FIAT CHRYSLER AUTOMOBILES NV 5.25% BDS 15/04/23 USD1000
  • 1.2% CEMEX FINANCE LLC 4.625% BDS 15/06/24 USD1000
  • 1.2% SPCM 2.88% 15/06/2023
  • 1.2% TEREOS FINANCE GROUP I 4.125% BDS 16/06/23 EUR100000
  • 1.1% MEIF RENEWABLE ENERGY 6.75% 01/02/2020
  • 1.1% SOFTBANK GROUP CORP 5.25% BDS 30/07/27 EUR100000