Threadneedle (Lux) European High Yield Bond Inclusive - Class 1 - Accumulation (GBP)





Charges and Savings
Initial charges | |
---|---|
Initial charge: | 0.00% |
Initial saving from HL: | 0.00% |
HL dealing charge: | Free |
Net initial charge: | 0.00% |
Annual charges | |||
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Performance fee: | No | ||
Ongoing charge (OCF/TER): | 1.38% | ||
Ongoing saving from HL: | 0.60% i | ||
Net ongoing charge: | 0.78% | ||
There are other unit types of this fund available: | |||
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In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.
Other Information
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Performance
13/12/14 to 13/12/15 | 13/12/15 to 13/12/16 | 13/12/16 to 13/12/17 | 13/12/17 to 13/12/18 | 13/12/18 to 13/12/19 | |
---|---|---|---|---|---|
Annual return | -5.90% | 20.62% | 11.29% | 0.40% | 2.02% |
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.
View fund chartOur view on this fund
The Wealth 50 is the 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 »
Fund Objective
The European High Yield Bond Portfolio seeks to achieve a total return from income and capital appreciation by investing principally in Euro or Sterling denominated fixed income securities that are rated below Investment Grade. The Portfolio will principally invest in fixed income securities issued by companies domiciled in Europe, or with significant European operations. The Portfolio may invest in CoCos (not exceeding 10% of the Portfolio's Net Asset Value). The Portfolio may use financial derivative instruments for hedging purposes. Typically, where securities are denominated in a currency other than Euro it is intended that they will typically be hedged back into Euro. The weighted average credit rating is expected to be BB- as rated by S&P or Fitch or the Moody's equivalent of Ba3.
Income Details
Security | Weight |
---|---|
BLACKROCK ICS EUR LIQ - ACC T0 | 4.00% |
ALTICE LUXEMBOURG SA 8.00 15/05/2027 | 1.21% |
ALTICE FRANCE SA 5.875 01/02/2027 | 1.21% |
SOFTBANK GROUP CORP 5.00 15/04/2028 | 1.21% |
TELEFONICA EUROPE BV 3.875 | 1.12% |
EQUINIX INC 2.875 01/02/2026 | 1.01% |
NETFLIX INC 3.625 15/05/2027 | 1.00% |
IQVIA INC 3.25 15/03/2025 | 1.00% |
INTERXION HOLDING NV 4.75 15/06/2025 | 0.99% |
AVANTOR INC 4.75 01/10/2024 | 0.92% |
Sector | Weight |
---|---|
Bonds | 94.76% |
Non-Classified | 5.49% |
Cash and Equiv. | -0.26% |
Country | Weight |
---|---|
United Kingdom | 18.27% |
United States | 14.82% |
Netherlands | 13.86% |
France | 10.19% |
Luxembourg | 8.42% |
Non-Classified | 7.32% |
Germany | 6.50% |
Ireland | 5.72% |
Italy | 5.57% |
Spain | 1.81% |
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. Prices provided by Morningstar, correct as at 12 December 2019. Data provided by Funds Library, correct as at 31 October 2019.


4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.