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Kames High Yield Global Bond A Inc GBP Hedged

Ranked 42 out of 52 in - Global High Yield over 12 months
All calculations are in GBP unless stated

Managed by

David Ennett

David Ennett is head of high yield in the Fixed Income team. He joined Kames Capital in 2016 from Standard Life Investments, where he was head of European high yield and manager of the SLI Higher Income Bond Fund and SLI European High Yield Bond Fund. Before that, David worked for Old Mutual Asset Managers, CIBC World Markets and M&G in a variety of analysis and portfolio management roles. He has a degree in Political Science and Economics from the Australian National University in Canberra, and completed an MBA at Imperial College, London.

Philip Milburn

Phil Milburn is Head of Investment Strategy in the Fixed Income team. He joined Kames Capital in 1997 from the University of Edinburgh, where he earned a first class honours degree in Economics. After spells in UK and Latin American equities, Phil joined the fixed income team, where he now manages the strategic and high yield bond portfolios. Phil is also an integral member of the Investment Association Fixed Income Committee, helping lead on many industry initiatives. He is a keen sportsman who enjoys squash, 5-a-side football and skiing.

Objective

The primary investment objective is to maximise total return (income plus capital) by investing in a portfolio of predominantly high yield bonds, selected investment grade bonds and cash. The fund may hold sterling and other currency denominated bonds hedged back to sterling. The fund may also invest in deposits, money market instruments, derivative instruments and forward transactions.

Showing fund performance in United Kingdom View performance globally

Performance

Global High Yield over : 30/06/2016 - 30/06/2017
  • Rank 42/52 Total Return
  • Rank 29/52 Standard Deviation
  • Rank 38/52 Max Drawdown
Fund Name Currency Return
41 SLI Glo SICAV Global High Yield Bond AH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

8.9%

42 Kames High Yield Global Bond A Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

8.7%

43 Aviva Investors Global High Yield Bond Amh GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

8.6%

44 T Rowe Global High Income Bond Qdh GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

8.5%

Fund Name Currency Risk
27 HSBC GIF Global High Yield Bond ZQHD GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

3.6

27 Putnam Global High Yield Bond S Ins GBP GBP

3.6

29 SLI Glo SICAV Global High Yield Bond AH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

3.7

29 Kames High Yield Global Bond A Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

3.7

31 Fidelity Global High Yield A Net Inc GBP

3.7

Fund Name Currency Loss
36 Old Mutual Monthly Inc High Yield Bd X GBP Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.1%

37 OCM Global High Yield Responsible Fund H GBP IA GBP

-1.1%

38 Kames High Yield Global Bond A Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.1%

39 Legal & General High Income R Acc GBP

-1.2%

39 Schroder High Yield Opportunities A Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-1.2%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 1.5% 2.0%
2016 8.4% 1.3% 1.9% 4.0% 1.0%
2015 -1.1% 2.5% -0.7% -4.1% 1.2%
2014 4.4% 3.3% 2.2% -1.9% 0.9%
2013 6.1% 1.4% -1.2% 2.5% 3.3%
2012 19.1% 8.1% 0.5% 5.4% 4.0%
2011 2.5% 4.4% 0.5% -6.1% 4.0%
2010 15.2% 6.9% -1.8% 7.7% 1.9%
2009 56.5% 3.0% 23.1% 19.4% 3.4%
2008 -27.1% -4.2% 3.9% -8.3% -20.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

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

Fund Info

  • Launch date08/11/2007
  • Base currencyGBP
  • ISIN IE00B2496198
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment1,000
  • Min. regular additional investment0

Charges

  • Annual management1.30%
  • Initial investment0

Related News

Kames' Ennett: Trump good for US high yield, but beware Europe

Kames Capital’s head of high yield David Ennett believes the changing political landscape will be a positive for the US, but negative for Europe in 2017.

Kames bond boost with Ennett in and Milburn back

Kames Capital’s bond team received a boost today with Phil Milburn returning from illness and David Ennett taking on his new role of head of high yield.

Kames's Milburn to extend break for health reasons

Kames Capital’s fixed income star Phil Milburn, who has currently stepped back from fund management for health reasons, is now expected to resume his duties in the second half of the year.

Kames give Milburn co-manager on High Yield Global Bond fund

Kames Capital has named Claire McGuckin as co-manager of its High Yield Global Bond fund alongside Phil Milburn.

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