Ninety One Global Total Return Credit Fund K GBP Acc

Performance History31/07/2020
Growth of 1,000 (GBP) Advanced Graph
Ninety One Global Total Return Credit Fund K GBP Acc
Fund---8.20.0
+/-Cat---0.1-1.3
+/-B’mrk---1.7-4.5
 
Key Stats
NAV
12/08/2020
 GBP 1.08
Day Change 0.12%
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector £ Strategic Bond
ISIN GB00BFM7CQ35
Fund Size (Mil)
12/08/2020
 GBP 165.88
Share Class Size (Mil)
07/08/2020
 GBP 15.02
Max Initial Charge -
Ongoing Charge
08/06/2020
  0.56%
Investment Objective: Ninety One Global Total Return Credit Fund K GBP Acc
The Fund aims to achieve long-term total returns comprised of income and capital growth primarily through investment in a diversified portfolio of fixed and floating rate credit securities. The Fund targets a positive return in excess of 3 month GBP LIBOR +4% gross of fees over a full credit cycle (economic conditions over which the cost of borrowing initially increases, then decreases and then stabilises. Credit cycles can vary in length and typically last between 3 and 7 years). While the Fund aims to achieve a positive return and its performance target, there is no guarantee that either will be achieved over the full credit cycle, or over any period of time. There is no guarantee that all capital invested in the Fund will be returned.
Returns
Trailing Returns (GBP)12/08/2020
YTD1.04
3 Years Annualised-
5 Years Annualised-
10 Years Annualised-
12 Month Yield 3.21
Management
Manager Name
Start Date
Jeff Boswell
11/05/2018
Tim Schwarz
30/06/2019
Click here to see others
Inception Date
11/05/2018
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE LIBOR 3M GBP +4%BBgBarc Global Aggregate TR Hdg GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeYes
HedgingNo
OtherNot Specific
Portfolio Profile for  Ninety One Global Total Return Credit Fund K GBP Acc31/07/2020
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond94.365.7688.60
Property0.000.000.00
Cash119.93112.677.25
Other4.150.004.15

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)

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