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

F&C Maximum Income Bond

Ranked 11 out of 40 in - Global 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.

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 fixed interest securities, including non-investment grade bonds. To manage risk the Fund will aim to achieve a wide degree of diversification and the managers will adopt a rigorous credit management process.

Performance

Global High Yield over : 31/07/2013 - 31/07/2014
  • Rank 11/40 Total Return
  • Rank 9/40 Standard Deviation
  • Rank 6/40 Max Drawdown
Fund Name Loss
4 Investec Monthly High Income A Inc Net GBP

Currency exposure is hedged

Currency exposure is hedged

-0.5%

5 Newton Global High Yield Bond GBP Inc

-0.5%

6 F&C Maximum Income Bond 1 Inc

-0.6%

7 BlueBay Global High Yield Bond D GBP

Currency exposure is hedged

Currency exposure is hedged

-0.6%

8 Barclays GA - Global High Yield Bond M Inc GBP

-0.7%

Total Return

Quarterly Performance

to 31/07/2014 Annual Q1 Q2 Q3 Q4
2014 4.2% 2.4% 2.4% -0.6%
2013 7.6% 2.1% -1.1% 3.0% 3.4%
2012 20.5% 8.6% -0.7% 6.3% 5.0%
2011 -1.4% 4.6% 0.1% -9.1% 3.6%
2010 13.4% 7.9% -3.7% 8.2% 0.9%
2009 49.6% -2.0% 24.2% 18.4% 3.8%
2008 -28.1% -4.8% 3.1% -8.6% -19.8%
2007 1.2% 1.8% 0.3% -0.1% -0.7%
2006 7.1% 1.9% -0.8% 3.2% 2.7%
2005 8.4% 1.6% 1.7% 3.6% 1.3%
2004 13.0% 2.8% 0.1% 4.9% 4.6%
2003 22.4% 4.3% 8.8% 2.8% 4.9%
2002 -5.9% -3.8% -1.3% -6.8% 6.3%
2001 -0.4% 3.6% -1.9% -8.9% 7.7%
2000 3.4% 3.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Ireland
  2. United Kingdom

Fund Info

  • Launch date20/11/2000
  • Share Class size37Mn
  • Base currencyGBP
  • ISIN GB0002053006

Purchase Info

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

Charges

  • Annual management1.3%
  • 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.

Corporate bond funds rack up losses on recession fears

Investors in corporate bonds have suffered losses as large as 10% as liquidity problems and recession fears hit fixed interest securities, analysis by Citywire shows.

Nimmo gives Nickols a run for his money

Standard Life’s Harry Nimmo has been working his way up the UK Smaller Companies sector to rival Old Mutual Asset Managers’ Daniel Nickols in the latest monthly update of Citywire’s exclusive three-year ranking database.

Threadneedle poaches F&C's Gaiser

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

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).