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Hermes Global High Yield Credit F EUR Acc

Ranked 47 out of 68 in - Global High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Fraser Lundie

Co-head and lead credit portfolio manager Fraser Lundie joined Hermes in February 2010 and is lead manager on the Hermes range of credit strategies. Prior to this he was at Fortis Investments, where he was responsible for European high yield credit. Fraser graduated from the University of Aberdeen with an MA (Hons) in Economics, earned an MSc in Investment Analysis from the University of Stirling, and is a CFA charterholder.

Objective

The investment objective of the Fund is to generate a high level of income. The sub-fund will seek to achieve its objective by investing primarily in a diversified portfolio of high yield bonds. The sub-fund may also use credit default swaps extensively.

Showing fund performance in Netherlands View performance globally

Performance

Global High Yield over : 30/09/2017 - 30/09/2018
  • Rank 47/68 Total Return
  • Rank 56/68 Standard Deviation
  • Rank 56/68 Max Drawdown
Fund Name Currency Return
45 AB SICAV I-Short Duration High Yield Pf A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

46 Legg Mason WA Global High Yield Pr Acc Hdg EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.2%

47 Hermes Global High Yield Credit F EUR Acc EUR

-1.3%

48 Muzinich Global High Yield Hedged Euro Acc A

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.3%

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

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.4%

Fund Name Currency Risk
54 UBAM Global High Yield Solution IHD EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

55 AB FCP I-Global High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

2.8

56 Nordea 1 - Global High Yield Bond HBI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.9

56 Hermes Global High Yield Credit F EUR Acc EUR

2.9

58 Putnam Global High Yield Bond E EUR EUR

3.0

Fund Name Currency Loss
54 Mirabaud-Global High Yield Bond-IH Cap EUR EUR

-4.0%

55 Allianz Selective Global High Yield - A (H2EUR)

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.0%

56 Hermes Global High Yield Credit F EUR Acc EUR

-4.1%

57 Jyske Invest High Yield Corporate Bonds CL

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.4%

58 AB FCP I-Global High Yield Portfolio A2 EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-4.4%

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.8% -2.0% 1.7%
2017 7.0% 2.3% 1.9% 1.9% 0.8%
2016 10.9% 2.2% 2.6% 4.7% 1.1%
2015 -2.5% 2.6% 0.2% -4.7% -0.5%
2014 4.9% 3.7% 3.6% -1.8% -0.6%
2013 3.0% 3.3%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Belgium
  3. Denmark
  4. Finland
  5. France
  6. Germany
  7. Ireland
  8. Italy
  9. Luxembourg
  10. Netherlands
  11. Norway
  12. Singapore
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date17/05/2013
  • Share Class size154Mn
  • Base currencyGBP
  • ISIN IE00B4XK1R83

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0

Charges

  • Annual management0.65%
  • Initial investment0.00%

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Hermes launches absolute return credit fund

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Shorter non-call periods damaging HY, says Hermes' credit co-head

Companies bringing forward redemption dates is cutting into 'equity-like' returns of asset class, says Citywire A-rated Fraser Lundie.

Hermes launches multi-strategy credit fund for star manager

London-based firm extends global fixed income fund range with new strategy designed to deliver high yield-like returns.

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