Fact sheet: Investec HiIncBd

Fund information

Fund name
Investec European High Yield Bond C Inc-2 EUR
Fund company manager
Investec Asset Management Luxe
Fund type
SIB
Fund manager(s)
Jeff Boswell
since 01/04/2015
Garland Hansmann
since 01/04/2015
Fund objective
The Fund aims to provide an income and capital return in excess of that which is generated by prevailing European high yield bond indices over the long term. The Fund seeks to achieve its objective by investing primarily in a diversified portfolio of euro and British pound sterling denominated higher interest rate bearing fixed interest securities (which may be Investment Grade and Non-Investment Grade) issued in the Eurobond, sterling domestic and euro domestic markets by issuers around the world and derivatives which offer exposure to such securities. The currency mix of denominations may be varied, reflecting the Investment Manager’s assessment.
Benchmark
ML European Currency High Yield Constrained Index Hedged to GBP
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

4.49 %

1 Year rank in sector

21/28

Sector

FO Fixed Int - EUR High Yield

Yield

4.241

Fund size

£ 150.7 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    21.8%
  • USA
    17%
  • Netherlands
    9.8%
  • Germany
    8.2%
  • Switzerland
    6.1%
  • High Yield Bond
    91.6%
  • Investment Grade Corporate Bonds
    6.4%
  • Money Market
    2%
  • UK Fixed Interest
    21.8%
  • US Fixed Interest
    17%
  • Dutch Fixed Interest
    9.8%
  • German Fixed Interest
    8.2%
  • Swiss Fixed Interest
    6.1%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.3 %1.76 %4.49 %12.29 %15.16 %
Sector0.56 %2.17 %5.19 %14.8 %26.28 %
Rank within sector25 / 2923 / 2921 / 2819 / 2722 / 24
Quartile th4 th4 th3 rd3 rd4 th

Calendar performance

YTD-20182017201620152014
Fund0.18 %4.77 %7.58 %-0.97 %0.81 %
Sector0.34 %5.21 %7.95 %0.85 %3.16 %
Rank within sector23 / 2921 / 2814 / 2824 / 2723 / 27
Quartile th4 th3 rd2 nd4 th4 th

Risk statistics

Alpha-1.23
Beta1.08
Sharpe0.05
Volatility4.59
Tracking error1.1
Information ratio-0.78
R-Squared0.95

Price movement

52 week high16.91
52 week low16.54
Current bid price0
Current offer price0
Current mid price16.65

Holdings by region

  • 21.8% UK
  • 17% USA
  • 9.8% Netherlands
  • 8.2% Germany
  • 6.1% Switzerland
  • 5.6% France
  • 5.2% Italy
  • 5% Ireland
  • 2.9% Brazil
  • 2.8% Sweden

Holdings by sector

  • 91.6% High Yield Bond
  • 6.4% Investment Grade Corporate Bonds
  • 2% Money Market

Holdings by asset type

  • 21.8% UK Fixed Interest
  • 17% US Fixed Interest
  • 9.8% Dutch Fixed Interest
  • 8.2% German Fixed Interest
  • 6.1% Swiss Fixed Interest
  • 5.6% French Fixed Interest
  • 5.2% Italian Fixed Interest
  • 5% Irish Fixed Interest
  • 2.9% Brazilian Fixed Interest
  • 2.8% Swedish Fixed Interest

Individual holdings

  • 3.1% TELEFONICA EUROPE B.V 3.75 DEC 31 49
  • 2.5% TELECOM ITALIA SPA 2.375% BDS 12/10/27 EUR100000
  • 2.3% INTERNATIONAL GAME TECHNOLOGY 4.75% SNR 15/02/23 EUR1000144A
  • 2.3% PETROBRAS GLOBAL FINANCE BV 4.75% BDS 14/01/25 EUR1000
  • 1.9% DELL INTERNATIONAL LLC / EMC C 6.02 JUN 15 26
  • 1.9% WMG ACQUISITION CORP 4.125% BDS 01/11/24 EUR10000
  • 1.8% VIRGIN MEDIA SECURED FINANCE PLC 5.125% MTN 15/01/25 GBP100000
  • 1.7% ARDAGH PACKAGING FINANCE PLC 2.75 MAR 15 24
  • 1.7% FIAT CHRYSLER AUTOMOBILES NV 5.25% BDS 15/04/23 USD200000
  • 1.7% MPT OPERATING PTNRSHP/MPT FIN CORP 3.325% MTN 24/03/25 EUR100000