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Hermes Global High Yield Credit F GBP Hgd Acc

Ranked 19 out of 66 in - Global High Yield over 12 months
All calculations are in GBP unless stated

Managed by

Fraser Lundie

Co-head and lead credit portfolio manager Fraser Lundie joined Hermes in February 2010 and is lead manager on the Hermes range of credit strategies. Prior to this he was at Fortis Investments, where he was responsible for European high yield credit. Fraser graduated from the University of Aberdeen with an MA (Hons) in Economics, earned an MSc in Investment Analysis from the University of Stirling, and is a CFA charterholder.

Objective

The investment objective of the Fund is to generate a high level of income. The sub-fund will seek to achieve its objective by investing primarily in a diversified portfolio of high yield bonds. The sub-fund may also use credit default swaps extensively.

Showing fund performance in United Kingdom View performance globally

Performance

Global High Yield over : 30/04/2017 - 30/04/2018
  • Rank 19/66 Total Return
  • Rank 42/66 Standard Deviation
  • Rank 48/66 Max Drawdown
Fund Name Currency Return
17 Nordea 1 - Global High Yield Bond HBI GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.7%

18 BGF Global High Yield Bond D2 GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6%

19 Hermes Global High Yield Credit F GBP Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.6%

20 Fidelity Global High Yield A Inc GBP

2.6%

21 Janus Henderson Glo High Yield U£acc(Hedged)

Currency exposure is hedged

Currency exposure is hedged

GBP

2.4%

Fund Name Currency Risk
41 JPM Global High Yield Bond C Dis GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

2.3

42 Hermes Global High Yield Credit F GBP Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.4

42 Schroder ISF Global High Yield GBP Hedged I Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.4

44 LF Canlife Global High Yield Bond B Acc GBP

2.4

Fund Name Currency Loss
46 Goldman Sachs Glo High Yield Pf I GBP-H

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

47 Capital Group Gl High Inc Opps (LUX) Bdh GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

48 SLI Glo SICAV Global High Yield Bond AH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

48 Hermes Global High Yield Credit F GBP Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

50 St James's Place International Corporate Bond Acc GBP

-2.1%

50 Legg Mason WA Global High Yield Pr Dis D Hdg GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.1%

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -1.6%
2017 7.7% 2.4% 2.1% 2.0% 1.0%
2016 11.7% 2.2% 2.8% 5.0% 1.3%
2015 -2.3% 2.6% 0.3% -4.7% -0.4%
2014 5.1% 3.8% 3.6% -1.7% -0.6%
2013 8.9% 2.6% -0.2% 3.0% 3.3%
2012 17.6% 7.1% 0.4% 5.0% 4.2%
2011 0.0% 3.6% 1.1% -10.3% 6.5%
2010 7.6% 4.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Ireland
  2. Luxembourg
  3. Singapore
  4. Switzerland
  5. United Kingdom

Fund Info

  • Launch date04/02/2014
  • Share Class size14Mn
  • Base currencyGBP
  • ISIN IE00BBJPFN04
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management0.65%

Related News

Fraser Lundie: the mismatch between fund managers and reality

Globalisation has changed how companies operate, with where they are actually domiciled meaning less and less, Hermes AAA-rated Fraser Lundie.

Hermes launches multi strategy credit fund for A-rated Lundie

The firm said the fund would target an annualised return of 7% by combining high conviction long-only investments with a range of defensive market neutral trades.

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