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Kames High Yield Global Bond A Inc EUR Hedged

Ranked 47 out of 58 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

David Ennett

David Ennett joined Kames Capital from Standard Life Investments in 2016. While he was at SLI, David was responsible for all aspects of portfolio construction, stock research and selection and execution of funds using the duration strategy guidance of head of fixed income. Prior to that he was a deputy fund manager at Old Mutual Asset Managers based in London. David graduated from the Australian National University in Canberra with a BA in Political Science and a BA in Microeconomics.

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.

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 : 31/03/2016 - 31/03/2017
  • Rank 47/58 Total Return
  • Rank 31/58 Standard Deviation
  • Rank 47/58 Max Drawdown
Fund Name Currency Return
45 Old Mutual Monthly Inc High Yield Bd A EUR Hgd Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

8.3%

46 Aviva Investors Global High Yield Bond Ah EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

8.1%

47 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

7.7%

48 Robeco QI Dynamic High Yield IH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

7.6%

49 Candriam Bonds Global High Yield C Cap EUR

7.6%

Fund Name Currency Risk
29 T Rowe Global High Yield Bond AH EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

29 Wellington Global High Yield Bond EUR S Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

31 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

31 Oaktree (Lux.) Fds Oaktree Global HY Bd FdH EUR B

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

33 NN Hoog Dividend Obligatie Fonds

Currency exposure is hedged

Currency exposure is hedged

EUR

4.0

Fund Name Currency Loss
46 Franklin Global High Income Bond A (acc) EUR EUR

-1.2%

47 Kames High Yield Global Bond A Inc EUR Hedged

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

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

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

49 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 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 1.3%
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

Kames bond veteran to extend break for health reasons

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).