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Contact details

ManagerGroupLogo
L-2888 Sennigerberg,
Luxembourg
00352 3410 3020 (Main Number)

fundinfo@jpmorganfleming.com

Fund managers

* Robert Cook»01-Jul-2005 to Present
* Tom Hauser»01-Jul-2005 to Present


Investment objectives

To achieve a return in excess of global bond markets by investing primarily in global below investment grade corporate debt securities, using financial derivative instruments where appropriate.

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+16.2 n/a n/a n/a n/a n/a n/a
  FIXED INT - GLOBAL HIGH YIELD +14.5+36.1+32.5-2.1+21.5+21.7-20.0
Price
  Bid OfferCurrency+/-YieldCiticodeSEDOLISINCodeWKNDate
pdf GLOBAL HIGH YIELD BOND B ACC USD 126.91 126.91 USD -0.05 - 09FE n/a LU0654543270 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND B ACC NAV USD 126.91 USD -0.05 - 09FF B6VVYV2 LU0654543270 A1JDGU 23-May-2013
pdf GLOBAL HIGH YIELD BOND A ACC USD 142.27 147.27 USD -0.06 - D5C7 n/a LU0344579056 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND A ACC NAV USD 142.98 USD -0.06 - D5C8 B2PF274 LU0344579056 A0NCVW 23-May-2013
pdf GLOBAL HIGH YIELD BOND C ACC USD 147.38 147.38 USD -0.06 - DRS7 n/a LU0344579213 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND C ACC NAV USD 147.38 USD -0.06 - DRS8 B2PF285 LU0344579213 A0NCVX 23-May-2013
pdf GLOBAL HIGH YIELD BOND A DIS USD 104.80 108.49 USD -0.05 - F30V n/a LU0804487329 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND A DIS NAV USD 105.33 USD -0.05 - F30W n/a LU0804487329 A1J08T 23-May-2013
pdf GLOBAL HIGH YIELD BOND C INC USD 112.52 112.52 USD -0.05 - G2ER n/a LU0783540387 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND C INC NAV USD 112.52 USD -0.05 - G2ES B7T8906 LU0783540387 A1JYMX 23-May-2013
pdf GLOBAL HIGH YIELD BOND I ACC USD 150.92 150.92 USD -0.07 - HSB3 n/a LU0468140883 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND I ACC NAV USD 150.92 USD -0.07 - HSB4 B5N5M55 LU0468140883 A0YES4 23-May-2013
pdf GLOBAL HIGH YIELD BOND A HEDGED MTH NAV USD 106.98 USD -0.05 - HYV6 n/a LU0356780857 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND A HEDGED MTH USD 106.45 110.19 USD -0.05 - HYV7 n/a LU0356780857 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND A HEDGED INC EUR 86.95 90.01 EUR -0.04 - J111 n/a LU0247993289 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND A HEDGED INC NAV EUR 87.39 EUR -0.04 - J112 B11P419 LU0247993289 A0JL7N 23-May-2013
pdf GLOBAL HIGH YIELD BOND A HEDGED ACC EUR 193.80 200.61 EUR -0.09 - JA89 n/a LU0108415935 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND B HEDGED ACC EUR 204.22 204.22 EUR -0.09 - JA90 n/a LU0108416156 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND C HEDGED ACC EUR 213.28 213.28 EUR -0.09 - JA91 n/a LU0108416313 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND D HEDGED ACC EUR 183.58 190.04 EUR -0.08 - JA92 n/a LU0115103029 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND A HEDGED ACC NAV EUR 194.77 EUR -0.08 - JD43 5944835 LU0108415935 937487 23-May-2013
pdf GLOBAL HIGH YIELD BOND B HEDGED ACC NAV EUR 204.22 EUR -0.09 - JD44 5945979 LU0108416156 937488 23-May-2013
pdf GLOBAL HIGH YIELD BOND C HEDGED ACC NAV EUR 213.28 EUR -0.09 - JD45 5945980 LU0108416313 937489 23-May-2013
pdf GLOBAL HIGH YIELD BOND D ACC USD 128.37 132.89 USD -0.06 - L0Z1 n/a LU0344579569 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND D ACC NAV USD 129.02 USD -0.06 - L0Z2 B2PF296 LU0344579569 AONCVY 23-May-2013
pdf GLOBAL HIGH YIELD BOND X ACC USD 127.01 127.01 USD -0.05 - MJF8 n/a LU0457776424 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND X ACC NAV USD 127.01 USD -0.05 - MJF9 B4VW9K5 LU0457776424 A0YCL7 23-May-2013
pdf GLOBAL HIGH YIELD BOND D HEDGED ACC NAV EUR 184.50 EUR -0.08 - RT54 7149724 LU0115103029 634338 23-May-2013
pdf GLOBAL HIGH YIELD BOND I HEDGED INC EUR 70.90 70.90 EUR -0.03 - V156 n/a LU0248018532 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND I HEDGED INC NAV EUR 70.90 EUR -0.03 - V157 B12CN67 LU0248018532 A0JL7Q 23-May-2013
pdf GLOBAL HIGH YIELD BOND X HEDGED ACC EUR 143.53 143.53 EUR -0.06 - W687 n/a LU0108416404 n/a 23-May-2013
pdf GLOBAL HIGH YIELD BOND X HEDGED ACC NAV EUR 143.53 EUR -0.06 - W688 5945991 LU0108416404 937490 23-May-2013
Detailed fund information
Launch date24-Mar-2000
Fund size £2,919.4m / $4,400.7m (31-Mar-13)
Minimum initial $ 1,000,000
Minimum additional $ 1,000
Savings plan Fund has Savings Plan 
FE Trustnet Sector Fixed Int - Global High Yield
Asset ClassFixed Interest
Pricing times0:00 DD
Dealing frequencyn/a
Distributor statusFund distributor status
Peer groups
Region Asset Class Sector
Luxembourg Fixed Interest Fixed Int - Global High Yield
Largest holdings, 31-Mar-2013
Holding (%) Rank Holding (%) Rank
SPRINT CAPITAL CORP 8.75% BDS 15/3/32 USD1000`144A`1.601MGM RESORTS INTL 8.625% BDS 01/02/19 USD10000.706
HCA INC 7.5% BDS 15/02/22 USD20001.202ALLY FINANCIAL INC 5.5% BDS 15/02/17 USD10000.707
REYNOLDS GROUP ISSUER INC/LLC/SA 9.0% BDS 15/04/19 USD1000 144A1.003CLEAR CHANNEL WORLDWIDE HLDGS INC 6.5% BDS 15/11/22 USD1000 REG S0.708
FIRST DATA CORP 8.75% SNR PIK NTS 15/01/22 USD1000 144A0.904TENET HEALTHCARE CORP 8.0% BDS 01/08/20 USD10000.709
DISH DBS CORP 7.875% SNR NTS 01/09/19 USD1000`144A`0.905SPRINT NEXTEL CORP 9% BDS 15/11/18 USD1000 144A0.7010
 Total9.10 
Regional weightings, 31-Mar-2013
Region(%)Rank 
USA90.401 90.40% USA
Luxembourg3.202 3.20% Luxembourg
Canada1.503 1.50% Canada
UK1.104 1.10% UK
Cayman Islands0.905 0.90% Cayman Islands
Netherlands0.806 0.80% Netherlands
Ireland0.707 0.70% Ireland
Australia0.508 0.50% Australia
Others0.509 0.50% Others
Bermuda0.4010 0.40% Bermuda
Total100.00 
Sector weightings, 31-Mar-2013
Sector(%)Rank 
Communications16.601 16.60% Communications
Cyclical Consumer Goods13.902 13.90% Cyclical Consumer Goods
Non-Cyclical Consumer Goods13.603 13.60% Non-Cyclical Consumer Goods
Capital Goods10.104 10.10% Capital Goods
CDX8.505 8.50% CDX
Money Market7.706 7.70% Money Market
Others7.307 7.30% Others
Energy6.908 6.90% Energy
Technology5.509 5.50% Technology
Basic Industries5.0010 5.00% Basic Industries
Financial Institutions4.9011 4.90% Financial Institutions
Total100.00 

Price total return performance figures are calculated on a bid price to bid price basis (mid to mid where applicable) with gross income (dividends) reinvested. Performance figures are shown in fund’s native currency unless otherwise specified – performance figures can be rebased to Pence Sterling (GBX) using the rebasing option.

 
 
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Ratios

  1y 3y
Volatility 3.72 n/a
Alpha 6.07 n/a
Beta 0.57 n/a
Sharpe 2.63 n/a
Info Ratio 0.33 n/a
R2 0.85 n/a
Quartiles:   1  2  3  4  help with ratios
vs. Fixed Int - Global High Yield»

Fund vs sector

  1y 3y
Position 20 / 55 -
Quartile 2 -

Fund ratings

FE Crown Rating: 5 FE
Crown Rating
(Quantitative)

n/aS&P Rating
(Qualitative)

Downloads

Asset allocation

US Fixed Interest, 90.40%
90.4000% ofUS Fixed Interest
Luxembourg Fixed Interest, 3.20%
3.2000% ofLuxembourg Fixed Interest
Canadian Fixed Interest, 1.50%
1.5000% ofCanadian Fixed Interest
American Emerging Fixed Interest, 1.30%
1.3000% ofAmerican Emerging Fixed Interest
UK Fixed Interest, 1.10%
1.1000% ofUK Fixed Interest
Dutch Fixed Interest, 0.80%
0.8000% ofDutch Fixed Interest
Irish Fixed Interest, 0.70%
0.7000% ofIrish Fixed Interest
Global Fixed Interest, 0.50%
0.5000% ofGlobal Fixed Interest
Australian Fixed Interest, 0.50%
0.5000% ofAustralian Fixed Interest

Sector analysis

Charting

FE Trustnet portfolio

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