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Kames High Yield Global Bond A Inc GBP Hedged

Ranked 35 out of 48 in - Global High Yield over 12 months
All calculations are in GBP unless stated

Managed by

Philip Milburn

Philip Milburn has spent the entirety of his financial career at Kames Capital (formerly AEGON). He constructs a portfolio of between 40 and 60 holdings for his Kames High Yield Bond fund and invests in bonds and only bonds for the High Yield Bond fund. Earlier in his career Milburn spent a year on secondment to Latin American equities and worked as Global Telecoms Coordinator at the group. Born in Nottingham in 1974, Milburn holds a first class masters degree in economics from Edinburgh University. He is a keen sportsman who enjoys squash, 5-a-side football and skiing.

David Roberts

Born in 1966, David Roberts graduated in Economics and Industrial relations from Strathclyde University and completed an MSc in Investment Analysis from Stirling University. He joined TSB Scotland in 1988 before moving to Bankers Trust and ran the treasury operation for the firm's global custody business. A year later Lloyds TSB snapped him up to play a front office role in which he was primarily responsible for the expansion of institutional business. In 1997 he was recruited to develop in house credit systems at Britannic and in 2001 was appointed head of credit at the company. Roberts left Britannic to join Scottish rivals Aegon (now Kames Capital) as head of retail fixed income in March 2004. The Kames Sterling Corporate Bond fund invests predominantly in UK fixed interest, while the Kames Strategic Global Bond fund invests in bonds from around the world.

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 : 31/07/2015 - 31/07/2016
  • Rank 35/48 Total Return
  • Rank 18/48 Standard Deviation
  • Rank 18/48 Max Drawdown
Fund Name Currency Return
33 Nordea 1 - Global High Yield Bond HBI GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.7%

34 Hermes Global High Yield Bond F GBP Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

2.7%

35 Kames High Yield Global Bond A Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

2.5%

36 SLI Glo SICAV Global High Yield Bond AH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.4%

37 AXA WF Global High Yield Bonds I C GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

1.8%

Fund Name Currency Risk
16 PIMCO GIS Global High Yield Bond Inst GBP Hdg Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

6.8

17 F&C Maximum Income Bond 1 Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

6.9

18 Kames High Yield Global Bond A Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

7.0

19 Baring High Yield Bond A GBP Hdg Inc Quaterly Div

Currency exposure is hedged

Currency exposure is hedged

GBP

7.4

20 Legg Mason Brandywine Global High YieldPrAccHAHGBP

Currency exposure is hedged

Currency exposure is hedged

GBP

7.5

Fund Name Currency Loss
16 Wellington Multi-Sector Credit GBP S Hdg

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.2%

17 F&C Maximum Income Bond 1 Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.3%

18 Kames High Yield Global Bond A Inc GBP Hedged

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.7%

19 Robeco High Yield Bonds FH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-4.8%

20 Muzinich TransatlanticYield Hedged GBP Acc A

Currency exposure is hedged

Currency exposure is hedged

GBP

-5.0%

Total Return

Quarterly Performance

to 30/06/2016 Annual Q1 Q2 Q3 Q4
2016 1.3% 1.9%
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 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).