Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

F&C Extra Income Bond

Ranked 5 out of 14 in - Sterling High Yield over 12 months
All calculations are in GBP

Managed by

Chris Brils

London-based Chris Brils is Head of Global High Yield at F&C. In 1998 Chris started his investment career at ABN AMRO Asset Management where he was Head of European High Yield until 2008. He moved to Pall Mall Investment Management and served as Head of High Yield prior to joining F&C in 2011. Chris studied at Wageningen Agricultural University and Nyenrode University in the Netherlands. He is a CFA Charterholder and member of UKSIP.

Rebecca Seabrook

Rebecca Seabrook graduated with a BA in accounting and finance from the University of Wales. She started her career as a credit analyst with London and Manchester and went on to join Friends Ivory & Sime as a fund manager. Rebecca later joined Rothschild Asset Management before joining F&C in 2001 where she is currently a director and co-head of UK Credit. She is a member of the UKSIP and holds the IIMR qualification.

Objective

The Fund aims to maximise income through investment primarily in fixed interest securities while seeking to control excessive credit risk.The Fund will invest predominantly in sterling and euro denominated fixed interest securities which have varying levels of credit risk. While maintaining a high level of income, the aim will be to achieve a wide degree of diversification.

Performance

Sterling High Yield over : 30/09/2013 - 30/09/2014

Total Return

Quarterly Performance

to 30/09/2014 Annual Q1 Q2 Q3 Q4
2014 5.5% 2.5% 2.6% 0.4%
2013 7.0% 2.4% -1.1% 2.9% 2.7%
2012 21.7% 8.0% -0.7% 7.3% 5.8%
2011 -0.8% 3.8% 0.8% -7.9% 2.9%
2010 12.0% 7.8% -2.0% 7.2% -1.1%
2009 38.0% -8.3% 21.8% 18.8% 4.1%
2008 -26.3% -4.8% 1.1% -8.2% -16.6%
2007 0.5% 1.2% -0.4% 0.2% -0.5%
2006 5.0% 0.9% -0.7% 3.3% 1.6%
2005 8.9% 1.6% 2.7% 2.6% 1.7%
2004 11.9% 2.6% -0.4% 4.6% 4.7%
2003 17.6% 3.6% 7.5% 1.9% 3.6%
2002 0.5% -1.5% -0.2% -1.7% 4.0%
2001 3.7% 3.8% -0.4% -4.0% 4.6%
2000 4.4% 3.0% 0.2% 1.1% 0.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. Ireland
  3. United Kingdom

Fund Info

  • Launch date17/01/2000
  • Share Class size65Mn
  • Base currencyGBP
  • ISIN GB0009455436

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.0%
  • Initial investment5

Related News

F&C fixed income overhaul sees Fatima Luis and three others exit

F&C has overhauled its fixed income arm resulting in the departure of Fatima Luis and three other bond team members, while head of global credit Steve Drew has resigned.

High yields can deliver in spite of rising defaults, says F&C's Luis

F&C Strategic Bond manager Fatima Luis points to an almost unprecedented upside for corporate bonds in the current environment.

Bond managers holding Lehman facing potential 70% loss

Update: The recovery value on some Lehman Bros bonds held by leading retail bond managers is estimated at 30p in the pound.

Threadneedle poaches F&C's Gaiser

Threadneedle has recruited F&C bond manager Roman Gaiser to run its European High Yield Bond fund.

GM heading for Chapter 11, says Artemis's Foster

There is now virtually no way General Motors can avoid Chapter 11 bankruptcy protection, according to Artemis's new high-profile bond fund manager James Foster.

F&C's Luis to take maternity leave

F&C head of retail credit Fatima Luis is to go on maternity leave this spring, it is understood.

Artemis takes second F&C bond fund manager

(Update) Artemis has recruited F&C bond fund manager Alex Ralph, barely a month after poaching her boss, James Foster.

Smith on Funds: Artemis gambles on Foster factor

The decision by Artemis to employ former Isis head of credit James Foster to head up the group’s planned bond fund is an interesting one.

Foster joins Artemis for bond push

Former Isis bond fund manager James Foster is to join investment boutique Artemis next year to spearhead its entry into the fixed-income sector.

F&C's Luis follows flight to bond quality

Fatima Luis, the Citywire AA-rated bond fund manager at F&C Asset Management, has increased the credit quality of her three funds in expectation of a tricky 2005.

...more...

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).