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Hermes Global High Yield Credit F EUR Acc

Ranked 155 out of 247 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 globally. You can view performance in individual jurisdictions.

Performance

Global High Yield over : 30/11/2016 - 30/11/2017
  • Rank 155/247 Total Return
  • Rank 32/247 Standard Deviation
  • Rank 16/247 Max Drawdown
Fund Name Currency Return
153 Rogge Selective Global High Yield Bond USD USD

8.5%

153 AXA Global High Income R Acc Net

Currency exposure is hedged

Currency exposure is hedged

GBP

8.5%

155 Hermes Global High Yield Credit F EUR Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

8.4%

156 Templeton Global High Yield A (Mdis) USD USD

8.4%

157 Schroder Selection Glo Srs-Global HY A USD USD

8.3%

Fund Name Currency Risk
30 Amundi Global High Yield Bond (A)

Currency exposure is hedged

Currency exposure is hedged

EUR

1.8

31 Aviva Investors Short Duration Gl HY Bd I USD USD

1.8

32 Hermes Global High Yield Credit F EUR Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

1.8

33 LFP S&P Capital IQ Fd-LFP R2P Glb H Y - R EUR C

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

34 SEB Global High Yield B

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

34 Invesco RMB High Income Bond A USD H MD1

Currency exposure is hedged

Currency exposure is hedged

USD

1.9

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 2.3% 1.9% 1.9%
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 size56Mn
  • Base currencyEUR
  • ISIN IE00B4XK1R83
  • Currency exposure is hedged

Purchase Info

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

Charges

  • Annual management0.65%

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Hermes' Lundie: why I’m adding to EM high yield

Citywire + rated bond specialist reveals the compelling investment case behind emerging market high yield.

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.

High yield star Lundie snaps up EM corporate debt

Citywire A-rated manager capitalises on currency weakness to throw weight behind developing world companies.

HY star Lundie: the four reasons I am backing CDS

The Euro Stars A-rated bond manager explains why he has put one-third of his $200 million fund into CDS.

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