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Kames Absolute Return Bond B GBP Acc

Ranked 6 out of 10 in - Absolute Return GBP over 12 months
All calculations are in GBP unless stated

Managed by

Colin Finlayson

Stephen Snowden

Born in December 1971 in Lisburn, Northern Ireland, fixed income investor Stephen Snowden gained a BSc and an MSc in finance from Belfast University. He joined Aegon shortly afterwards and impressed in a four-year spell as a US analyst. He was subsequently moved into the corporate bond team and took responsibility for a wide range of investments when he was promoted to head of retail fixed income in 2002. On his Aegon Extra Income fund he delivered impressive returns and a high yield. Snowden joined Old Mutual Asset Management to manage the Old Mutual Corporate Bond following Richard Woolnough’s move to M&G Investments and took charge of the fund in February 2004. He then rejoined Aegon (now Kames Capital) in July 2011, and runs the Kames Absolute Return Bond Fund.

Objective

The investment objective of the Fund is to generate positive absolute returns for investors over a rolling 3 year period irrespective of market conditions. The Fund will seek to achieve its investment objective by investing in global debt instruments in any currency, ranging from AAA Government Bonds through to high yield and emerging market bonds. The Fund may invest in all types of fixed and floating rate fixed income securities.

Showing fund performance in United Kingdom View performance globally

Performance

Absolute Return GBP over : 31/08/2015 - 31/08/2016
  • Rank 6/10 Total Return
  • Rank 1/10 Standard Deviation
  • Rank 2/10 Max Drawdown
Fund Name Currency Return
4 BlackRock Absolute Return Bond D Acc GBP

1.9%

5 Royal London Duration Hedged Credit Z Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

1.9%

6 Kames Absolute Return Bond B GBP Acc GBP

1.6%

7 Schroder Absolute Return Bond A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

0.2%

8 Royal London Absolute Return Gov Bond Z Acc GBP GBP

-0.2%

Fund Name Currency Loss
1 Newton Global Dynamic Bond GBP Inc GBP

-0.5%

2 Kames Absolute Return Bond B GBP Acc GBP

-0.6%

3 Royal London Absolute Return Gov Bond Z Acc GBP GBP

-0.8%

4 Henderson Multi Asset Credit I Acc GBP Hgd

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.8%

5 BlackRock Absolute Return Bond D Acc GBP

-1.4%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 0.0% 0.6%
2015 0.7% 0.4% -0.2% -0.2% 0.7%
2014 2.1% 0.6% 0.6% 0.6% 0.3%
2013 1.7% 0.6% 0.3% 0.3% 0.5%
2012 2.1% 0.6% 0.2% 0.9% 0.5%
2011 1.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany
  2. Guernsey
  3. Ireland
  4. Jersey
  5. Luxembourg
  6. Malta
  7. Netherlands
  8. Switzerland
  9. United Kingdom

Fund Info

  • Launch date30/09/2011
  • Share Class size1,978Mn
  • Base currencyGBP
  • ISIN IE00B6SPX874

Purchase Info

  • Min. initial investment500
  • Min. regular additional investment500

Charges

  • Annual management0.65%
  • Initial investment0

Related News

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Kames makes double strategic bond appointment

Juan Valenzuela and Colin Finlayson have been made co-managers of two of Kames's strategic bond funds.

Kames launches constrained absolute return fund

Additional launch is in response to client demand following soft closure of Kames Absolute Return bond fund.

Kames unveils absolute return fund amid Snowden capacity concern

Kames is aiming to launch the Kames Absolute Return Global Bond fund in the second quarter of the year.

Kames Capital to launch two market neutral equity funds

Kames Capital is to launch two market neutral funds as it looks to broaden its absolute return suite of products.

Kames’ Snowden hits out at ‘multi-asset’ corporate bond funds

The manager said he will not invest in equities, even when bonds face a tough macro environment.

Retail bonds: a good deal or too risky?

The growing trend of corporate bonds being sold at retail has seen several well-known firms raise more than £1.4 billion from private investors, but are they a good deal?

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