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Kames High Yield Bond Class B - Income (GBP)

Sell:97.98p Buy:97.98p Change: 0.25p (0.26%)
Prices as at 14 October 2019
Sell:97.98p
Buy:97.98p
Change: 0.25p (0.26%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 14 October 2019
Sell:97.98p
Buy:97.98p
Change: 0.25p (0.26%)
Prices as at 14 October 2019
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Our view on this Fund

This fund does not feature on our Wealth 50 list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments we believe Wealth 50 funds are superior alternatives. View funds on the Wealth 50 »

Our view on the sector

The yields on offer from high-yield bonds have proven attractive in a low interest rate environment. They now offer less value than they once did. But we still think there are attractive opportunities for those prepared to look. Funds in this sector invest mainly in 'high yield' or 'non-investment grade' bonds. These are issued by companies thought to be less able to pay off their debts so they offer higher yields to compensate for the extra risk. High-yield bonds have tended to perform better when economic growth is strong because companies generally find it easier to pay their debts. But they are riskier and sometimes perform more like shares than investment grade bonds. Funds in this sector could be a good addition to a diversified portfolio invested to generate income.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

14/10/14 to 14/10/15 14/10/15 to 14/10/16 14/10/16 to 14/10/17 14/10/17 to 14/10/18 14/10/18 to 14/10/19
Annual return 0.30% 5.78% 5.91% 0.62% 7.72%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

Fund Management Group Comment

Kames Capital, formerly Aegon Asset Management, is a specialist investment management company managing fixed income, equity, property and multi-asset funds for investors in the UK, Europe and Asia. It is a wholly-owned subsidiary of Aegon NV, one of the world's largest financial services groups.

Kames Capital combine their fund managers' talents with a proven investment process which is not constrained by any single investment style.

Information about the fund

Fund manager biography

Manager Name: Mark Benbow
Manager start date: 30 November 2018
Manager located in: Edinburgh

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.

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account