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Kames High Yield Bond

Ranked 7 out of 16 in - Sterling High Yield over 12 months
All calculations are in GBP unless stated

Managed by

Stephen Baines

Stephen Baines is an investment manager in the fixed income team with responsibility for high yield bonds. He joined Kames Capital in 2013 from Oriel Asset Management, where he was a portfolio manager and investment analyst. Prior to this, Stephen worked for Baillie Gifford before joining Babson Capital Europe, where he was responsible for credit analysis of European syndicated loans, floating-rate notes and high yield bonds. Stephen has a degree in economics from the University of Durham and is a CFA Charterholder.

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.

Objective

The primary investment objective is to maximise total return (income plus capital) by investing in a portfolio of predominately 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 globally. You can view performance in individual jurisdictions.

Performance

Sterling High Yield over : 30/11/2016 - 30/11/2017
  • Rank 7/16 Total Return
  • Rank 7/16 Standard Deviation
  • Rank 6/16 Max Drawdown
Fund Name Currency Return
5 M&G Global High Yield Bond Sterling X Inc GBP

8.1%

6 Old Mutual Threadneedle High Yield Bond A Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

8.1%

7 Threadneedle High Yield Bond Ret Net Inc GBX GBP

7.6%

7 Kames High Yield Bond Acc B

Currency exposure is hedged

Currency exposure is hedged

GBP

7.6%

9 Standard Life Inv Higher Income Ret Acc GBP

7.0%

Fund Name Currency Risk
5 Old Mutual Threadneedle High Yield Bond A Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

1.9

6 Henderson Fixed Interest Monthly Income GBP

1.9

7 Kames High Yield Bond Acc B

Currency exposure is hedged

Currency exposure is hedged

GBP

2.0

8 Baillie Gifford High Yield Bond B Inc GBP

2.0

9 Aviva Investors High Yield SC 1 Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

2.1

Fund Name Currency Loss
4 Standard Life Inv Higher Income Ret Acc GBP

-0.1%

5 Dimensional Global Ultra Short Fixed Inc GBP Acc GBP

-0.1%

6 Kames High Yield Bond Acc B

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.2%

7 Threadneedle High Yield Bond Ret Net Inc GBX GBP

-0.4%

8 Old Mutual Threadneedle High Yield Bond A Inc

Currency exposure is hedged

Currency exposure is hedged

GBP

-0.4%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.8% 2.2% 1.2%
2016 9.0% 1.0% 2.3% 4.4% 1.1%
2015 -0.6% 2.4% -0.1% -4.6% 1.8%
2014 5.2% 3.4% 2.3% -2.0% 1.4%
2013 6.9% 1.8% -1.1% 2.7% 3.4%
2012 19.6% 7.9% 1.0% 5.4% 4.2%
2011 3.5% 4.7% 0.8% -6.1% 4.4%
2010 18.0% 7.6% -0.9% 7.8% 2.6%
2009 62.1% 2.2% 24.9% 21.0% 4.9%
2008 -27.1% -4.4% 4.2% -7.8% -20.6%
2007 0.8% 2.5% 1.5% -1.5% -1.7%
2006 7.8% 2.5% -0.4% 3.0% 2.6%
2005 10.1% 1.3% 2.9% 3.0% 2.5%
2004 13.3% 2.9% -0.5% 5.6% 4.9%
2003 21.1% 4.3% 7.8% 3.2% 4.4%
2002 -1.0% -7.5% 0.9%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany
  2. United Kingdom

Fund Info

  • Launch date22/03/2002
  • Share Class size899Mn
  • Base currencyGBP
  • ISIN GB0031425563
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2Mn
  • Min. regular additional investment10,000

Charges

  • Annual management0.75%
  • Initial investment0

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