Fact sheet: Mirabaud Gbl Hi Yld Bd

Fund information

Fund name
Mirabaud Global High Yield Bonds DH Cap GBP
Fund company manager
Mirabaud Asset Management (Eur
Fund type
SIB
Fund manager
Fatima Luis
since 01/02/2013
Fund objective
The objective of the strategy is to maximise returns and deliver long-term capital appreciation across multiple business cycles. Under a top down and bottom up approach, the fund seeks to actively manage credit risk and duration whilst exploiting relative value opportunities across different Global High Yield markets, sectors and credits. By being active, flexible and unconstrained, the team ensures the focus is on implementing our best ideas and extracting real value at any point in time. The fund also targets diversification of risk with lower volatility, capital preservation, liquidity and transparency.
Benchmark
No Specified Index
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

7.63 %

1 Year rank in sector

-

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 340.6 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • International
    91.7%
  • Money Market
    8.3%
  • Basic Industries
    15.8%
  • Energy
    13.7%
  • Banks
    11.8%
  • Telecommunications
    9.9%
  • Media
    9.4%
  • Global High Yield Fixed Interest
    91.7%
  • Money Market
    8.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.97 %3.96 %7.63 %11.72 %0 %
Sector0.56 %3.03 %6.93 %11.05 %24.77 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund5.62 %8.81 %-0.18 %1.95 %0 %
Sector4.63 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha0.63
Beta0.91
Sharpe0.01
Volatility4.49
Tracking error1.36
Information ratio0.26
R-Squared0.92

Price movement

52 week high115.99
52 week low106.9
Current bid price0
Current offer price0
Current mid price116.05

Holdings by region

  • 91.7% International
  • 8.3% Money Market

Holdings by sector

  • 15.8% Basic Industries
  • 13.7% Energy
  • 11.8% Banks
  • 9.9% Telecommunications
  • 9.4% Media
  • 8.8% Services
  • 8.3% Money Market
  • 5.6% Health Care
  • 3.1% Capital Goods
  • 3.1% Retail

Holdings by asset type

  • 91.7% Global High Yield Fixed Interest
  • 8.3% Money Market

Individual holdings

  • 4.5% CDX CXPHY528 (GSI) 17/22
  • 1.8% 8.375% IASIS HEALTH./CAP. 11/19 SR
  • 1.6% 5.50% UNITED RENTALS NA 15/25 SR
  • 1.6% 7.75% CEMEX 16/26 SR
  • 1.6% GCI INC 6.875% BDS 15/04/25 USD2000
  • 1.5% 5.375% OWENS BROCKWAY14/25
  • 1.5% 6.00% SOFTBANK GROUP 15/25
  • 1.5% 6.25% VALE OVERSEAS 16/26 SR
  • 1.5% 7.25% SPRINT 14/21 SR
  • 1.5% 7.50% CMC RAVENNA 14/21 SR-S