The investment objective is to provide a combination of income and capital growth over any 7 year period.
Fund Manager
Mark Benbowmanager
for
5 years
and 9 months
Mark Benbow is an investment manager in the Fixed Income team. He specialises in high yield bonds and co-manages our global high yield bond funds. Mark who has 11 years’ industry experience, joined us from Scottish Widows Investment Partnership, where he was an analyst on the global equities team. Previous to this he worked at Morgan Stanley as a Financial Analyst. Mark holds a first-class honours degree in Management and Economics and a Masters in Investment and Finance.
Fund Overview
Mid (30/08/2024)
90.32p
Distribution yield
-
Underlying yield
6.24%
Fund size (30/06/2024)
£722.40m
Number of holdings
162
Entry Charge
0.00%
Ongoing Charges
0.61%
Launch date
01/03/2007
Asset Allocation
International Bonds
75.21%
UK Corporate Bonds
22.56%
UK Equities
0.39%
Alternative Trading Strategies
0.07%
International Equities
0.03%
Cash and Equivalents
-0.88%
Other Assets
2.62%
Portfolio data accurate as at: 30/06/24
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Portfolio data accurate as at:
Asset Allocation
International Bonds
75.21%
UK Corporate Bonds
22.56%
UK Equities
0.39%
Alternative Trading Strategies
0.07%
International Equities
0.03%
Cash and Equivalents
-0.88%
Other Assets
2.62%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Bonds
97.77%
-
-
-
Non-Classified
2.65%
-
-
-
Financials
0.39%
-
-
-
Banks
-
0.39%
-
-
Banks
-
-
0.39%
-
Banks
-
-
-
0.39%
Alternative Trading Strategies
0.07%
-
-
-
Alternative Trading Strategies
-
0.07%
-
-
Alternative Trading Strategies
-
-
0.07%
-
Alternative Trading Strategies
-
-
-
0.07%
Cash and Equivalents
-0.88%
-
-
-
Regional Allocation
Developed Europe - Excl UK
41.91%
UK
22.95%
North America
21.37%
Non-Classified
7.76%
Emerging Europe
3.99%
Middle East & Africa
1.99%
South & Central America
0.46%
Australia & New Zealand
0.44%
Cash and Equivalents
-0.88%
Fixed Interest Currencies
Euro
40.39%
US Dollar
37.49%
Pound Sterling
19.89%
Non-Fixed Interest Assets
3.11%
Cash
-0.88%
Regional Breakdown
Expand allCollapse all
Region
Country
Developed Europe - Excl UK
41.91%
-
Italy
-
9.91%
Luxembourg
-
8.10%
Germany
-
5.62%
Netherlands
-
5.58%
Sweden
-
5.30%
France
-
3.62%
Norway
-
1.79%
Austria
-
1.49%
Spain
-
0.50%
UK
22.95%
-
United Kingdom
-
22.95%
North America
21.37%
-
United States
-
20.69%
Canada
-
0.68%
Non-Classified
7.76%
-
Emerging Europe
3.99%
-
Greece
-
1.83%
Czech Republic
-
1.42%
Turkey
-
0.74%
Romania
-
0.00%
Middle East & Africa
1.99%
-
Israel
-
1.34%
United Arab Emirates
-
0.65%
South & Central America
0.46%
-
Mexico
-
0.46%
Australia & New Zealand
0.44%
-
Australia
-
0.44%
Cash and Equivalents
-0.88%
-
Fixed Interest Maturity Profile
< 5Yr Maturity
52.51%
5Yr - 10Yr Maturity
32.58%
10Yr - 15Yr Maturity
0.89%
> 15Yr Maturity
11.79%
Cash And Equivalents
-0.88%
Unknown Maturity
2.62%
Other Asset Types
0.49%
Fixed Interest Quality Profile
A
0.50%
BBB
5.36%
Sub-Investment Grade
25.58%
Unknown Quality
66.33%
Cash and Equivalents
-0.88%
Other Asset Types
3.11%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
KIER GROUP PLC 9% 15/02/2029
1.97%
Bonds
United Kingdom
2
BELLIS ACQUISITION CO 8.125% 14/05/2030 REGS
1.95%
Bonds
United Kingdom
3
LOTTOMATICA SPA/ROMA FRN 01/06/2031 REGS
1.92%
Bonds
Italy
4
LEVEL 3 FINANCING INC 10.5% 15/05/2030 144A
1.75%
Bonds
United States
5
TULLOW OIL PLC 10.25% 15/05/2026 REGS
1.69%
Bonds
United Kingdom
6
GTCR W DUT/W-2 MERGER SU 8.5% 15/01/2031 REGS
1.65%
Bonds
United States
7
PINNACLE BIDCO PLC 10% 11/10/2028 REGS
1.62%
Bonds
United Kingdom
8
ENQUEST PLC 11.625% 01/11/2027 REGS
1.61%
Bonds
United Kingdom
9
ICELAND BONDCO PLC 10.875% 15/12/2027 REGS
1.50%
Bonds
United Kingdom
10
GOLDEN GOOSE SPA FRN 14/05/2027 REGS
1.50%
Bonds
Italy
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
Sedol Code
B1N9DY5
Mex Code
SEHYB
Isin Code
GB00B1N9DY51
Citi Code
CWS6
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.61%
Aims and Benchmark
Aims
The investment objective is to provide a combination of income and capital growth over any 7 year period.
Benchmark
Investment Association Sterling High Yield sector
Benchmark Category
Comparator
IA Sector
£ High Yield
Fund Background
Valuation frequency
Daily
Valuation point
12:00
Fund type
OEIC
Launch price
£1.00
Fund currency
Pound Sterling
Fund domicile
United Kingdom
ISA allowable
Yes
SIPP allowable
Yes
Distribution Details
Income frequency
Monthly
Distribution Type
Interest
Distribution Payment Basis
Net
Distribution Dates
Ex dividend date(s)
Income payment date(s)
01 January
31 January
01 February
28 February
01 March
30 March
01 April
30 April
01 May
31 May
01 June
30 June
01 July
31 July
01 August
31 August
01 September
30 September
01 October
31 October
01 November
30 November
01 December
31 December
Ratings
FE Crown
Effect of Deductions
Assuming a growth rate of 6.00%
Assuming a growth rate of 7.00%
-
-
Fund Administration
Fund Trustee/Depository
Citibank
Fund Administrator
Citibank
Fund Registrar
Northern Trust Global Services Limited
Fund Custodian
Citibank
Group Details
Group name
Aegon Asset Management
Group address
3 Lochside Avenue
Edinburgh Park
EDINBURGH
EH12 9SA
Group telephone
0800 45 44 22
Dealing telephone
0800 169 5186
Email
info@kamescapital.com
Homepage
www.aegonam.com
Fax number
-
Dealing
Minimum Investment
£2000000
Minimum Top Up
£1000
Minimum Regular Saving
-
Settlement Period: Buy
3 days
Settlement Period: Sell
3 days
Pricing Basis
Forward
Dealing Decimals
4
Important Information
Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.