Barings European High Yield Bond Fund
ISIN:IE00BNN7TM32
as of 30/06/2019
as of 30/06/2019
as of 30/06/2019
as of 30/06/2019
28.37% North America
Fund Facts
| Fund Type | UCITS |
| Inception Date | 31/05/2011 |
| Domicile | Ireland |
| Asset Class | High Yield |
| Morningstar Category | Bonds |
| Distributions | Quarterly |
| Dealing Frequency | Daily |
Share Class Info
| Share Class | E |
| ISIN | IE00BNN7TM32 |
| Currency | SGD |
| Accumulating / Distributing | Distributing |
| Admin., Depository & Operating Expenses | Capped at 20 bps per annum |
| Management Charges | 1.00% |
Objective
The Barings European High Yield Bond Fund is an actively managed high yield bond strategy that seeks to provide high current income generation and, where appropriate, capital appreciation.
Strategy
The fund seeks to achieve its investment objective by investing in a diversified portfolio of high yield instruments issued by European corporations in any currency, or issued in European currency by corporations established outside Europe and/or listed or traded on recognized markets in Europe.
Who Should Invest
The fund is designed for investors seeking to benefit from a strategy that aims to produce a high current income generation and, where appropriate, capital appreciation.
Risks
The value of investments and the income they provide can fall as well as rise and investors may not get back the amount originally invested.
The fund invests in high yield bonds. The value of these investments tends to be more volatile than investment grade bonds.
The information available on this website is not an offer to sell or an invitation to apply for this product and is by way of information only, nor is the information available on this website intended as an offering of this product to US Persons. Depending on your jurisdiction, you may not have access to this product. Individual investors should contact their financial advisor before investing in this product. The Key Investor Information Document (KIID), if applicable, must be received and read before investing. All other relevant documents relating to the product such as the Report and Accounts and Prospectus should also be read. The information available on this website does not constitute investment, tax, legal or other advice or recommendation.
Portfolio as of 30/06/2019
Average Duration
2.32 yrs
Number of Issuers
112 issuers
Portfolio Assets Composition
Quality Distribution
| Ratings | % of Assets |
| BBB | 1.79% |
| BB | 29.09% |
| B | 48.28% |
| CCC AND BELOW | 20.39% |
| NR | 0.44% |
| Total | 99.99% |
Top 5 Countries
| Country | % of Assets |
| UNITED KINGDOM | 32.72% |
| UNITED STATES | 27.25% |
| GERMANY | 10.29% |
| FRANCE | 6.34% |
| NETHERLANDS | 4.07% |
| Total | 80.67% |
Top 10 Holdings
| Holding | % of Assets |
| DOMESTIC & GENERAL | 2.75% |
| VUE CINEMAS | 2.28% |
| SYNLAB (FKA LABCO) | 2.02% |
| TRAVELEX | 2.00% |
| AUTOMOTIVE ASSOCIATION (AKA THE AA) | 1.77% |
| INFOR GLOBAL SOLUTIONS (FKA LAWSON SOFTWARE INC.) | 1.73% |
| PERFORM GROUP | 1.70% |
| VERITAS | 1.69% |
| NEPTUNE ENERGY | 1.64% |
| WARNER MUSIC GROUP | 1.59% |
| Total | 19.17% |
Top 10 Industries
| Industry | % of Assets |
| MEDIA | 12.78% |
| HEALTHCARE | 10.88% |
| BASIC INDUSTRY | 9.78% |
| SERVICES | 9.08% |
| LEISURE | 8.39% |
| RETAIL | 6.12% |
| CONSUMER GOODS | 5.51% |
| TELECOMMUNICATIONS | 5.14% |
| ENERGY | 4.88% |
| INSURANCE | 4.66% |
| Total | 77.22% |
Documents
Portfolio Managers
Chris Sawyer
Craig Abouchar, CFA
RelatedViewpoints
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VIDEO: Q3 2017 European High Yield Bond Fund
Craig Abouchar, an Investment Manager within the High Yield Investment team, provides an update on the Fund's Q3 2017 performance, current positioning and the team's outlook for the coming months.
View
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