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Kames High Yield Global Bond A Inc EUR Hedged

Ranked 44 out of 57 in - Global High Yield over 12 months
All calculations are in EUR 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 Netherlands View performance globally

Performance

Global High Yield over : 30/06/2016 - 30/06/2017
  • Rank 44/57 Total Return
  • Rank 36/57 Standard Deviation
  • Rank 43/57 Max Drawdown
Fund Name Currency Return
42 Aviva Investors Global High Yield Bond Ah EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

7.9%

43 SLI Glo SICAV Global High Yield Bond AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

7.8%

44 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

7.7%

45 Templeton Global High Yield I (acc) EUR EUR

7.7%

46 Janus Global High Yield A EUR Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

7.6%

Fund Name Currency Risk
35 JPM Global High Yield Bond A Acc EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

3.6

36 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

3.6

37 Pioneer Funds Global High Yield H No Dis Hdg EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.7

38 SLI Glo SICAV Global High Yield Bond AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.7

Fund Name Currency Loss
41 Candriam Bonds Credit Opportunities R Cap EUR

-1.2%

42 Janus Global High Yield A EUR Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

43 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

44 Old Mutual Monthly Inc High Yield Bd A EUR Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

45 SLI Glo SICAV Global High Yield Bond AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

Total Return

Quarterly Performance

to 30/06/2017 Annual Q1 Q2 Q3 Q4
2017 1.3% 1.8%
2016 7.5% 1.1% 1.7% 3.7% 0.7%
2015 -1.8% 2.4% -0.8% -4.3% 1.0%
2014 4.1% 3.2% 2.1% -2.0% 0.7%
2013 5.6% 1.3% -1.4% 2.5% 3.2%
2012 18.6% 7.9% 0.4% 5.4% 3.8%
2011 2.7% 4.3% 0.7% -6.0% 4.1%
2010 15.1% 6.9% -1.6% 7.4% 2.0%
2009 56.5% 3.3% 22.7% 19.3% 3.5%
2008 -27.8% -4.7% 3.6% -8.5% -20.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. France
  4. Germany
  5. Guernsey
  6. Ireland
  7. Jersey
  8. Luxembourg
  9. Malta
  10. Netherlands
  11. Spain
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date08/11/2007
  • Base currencyEUR
  • ISIN IE00B2496081
  • Currency exposure is hedged

Purchase Info

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

Charges

  • Annual management1.30%
  • Initial investment0

Related News

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Citywire + rated Phil Milburn expected to resume duties in the second half of the year after stepping back from fund management in September.

Mobile giants merger still on the cards, says bond veteran Milburn

Failed merger of Sprint and T-Mobile US does not spell end for consolidation in the sector, says former Citywire AA-rated manager.

Motown Blues: breaking down the Detroit bankruptcy

As Detroit becomes the biggest US city to file for Chapter Nine protection, Citywire Global decodes what it means for municipal bonds and US economic health.

Argentine bond battle creates EMD shorting opportunities, says Milburn

Kames Strategic Bond fund manager Phil Milburn has taken profits on his emerging market debt short, but is on a watching brief to put the trade back on.

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