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ASI High Yield Bond Class I - Income (GBP)

Sell:42.96p Buy:42.96p Change: 1.23p (2.78%)
Prices as at 2 April 2020
Change: 1.23p (2.78%)
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 2 April 2020
Change: 1.23p (2.78%)
Prices as at 2 April 2020
You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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.
Also available as accumulation units Help

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
Performance fee: No  
Ongoing charge (OCF/TER): 0.71%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.71%
There are other unit types of this fund available:
Inclusive - Class R - Income (GBP) (Net ongoing charge 0.76%)
Inclusive - Class R - Accumulation (GBP) (Net ongoing charge 0.76%)
Platform 1 - Accumulation (GBP) (Net ongoing charge 0.76%)
Platform 1 - Income (GBP) (Net ongoing charge 0.76%)

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

Unit type: Unbundled
Arthur Milson
Fund launch date: 7 February 2000
Sector: GBP High Yield
Fund size: £419 million
Number of holdings: 148
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 12:00
Trustee: Citibank
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: No
Minimum regular savings value: n/a

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02/04/15 to 02/04/16 02/04/16 to 02/04/17 02/04/17 to 02/04/18 02/04/18 to 02/04/19 02/04/19 to 02/04/20
Annual return 0.37% 9.28% 3.43% 2.20% -5.56%

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.

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Our 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 the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

To generate income and some growth over the long term (5 years or more) by investing in Sterling and Euro denominated sub-investment grade (high yield) corporate bonds. Performance Target: To achieve the return of the ICE BofAML GBP/Euro Fixed &Floating High Yield Non Financial 3% Constrained (HGD to GBP) plus 0.8% per annum over rolling three year periods (before charges). The Performance Target is the level of performance that the management team hopes to achieve for the fund. There is however no certainty or promise that they will achieve the Performance Target. The ACD believes this is an appropriate target for the fund based on the investment policy of the fund and the constituents of the index.

Income Details

Distribution yield : 3.34%
Underlying yield : 3.34%
Income paid: Quarterly
Type of payment: Dividend
Ex-dividend date: 1 March 2020 1 June 2020 1 September 2020 1 December 2020
Payment date: 30 April 20204 31 July 20204 31 October 20204 31 January 20214

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 31 January 2020.

Security Weight
TELECOM ITALIA FIN SA 7.75% 01/24/2033 TITIM 7 3/4 01/24/33 2.20%
ZIGGO BOND CO BV 3.375% 02/28/2030 MISSING 2.12%
INTERXION HOLDING NV 4.75% 06/15/2025 MISSING 2.12%
AVANTOR INC 4.75% 10/01/2024 VWR 4 3/4 10/01/24 1.89%
MATTERHORN TELECOM SA 3.125% 09/15/2026 MISSING 1.69%
TEVA PHARM FNC NL II 1.125% 10/15/2024 TEVA 1 1/8 10/15/24 1.56%
BHP BILLITON FINANCE LTD 6.50000% 10/22/2077 BHP 6 1/2 10/22/77 1.45%
VIRGIN MEDIA SECURED FIN 6% 01/15/2025 VMED 6 01/15/25 1.44%
Sector Weight
Bonds 96.12%
Cash and Equiv. 3.35%
Alternative Trading Strategies 0.53%
Non-Classified 0.00%
Country Weight
United Kingdom 19.66%
Netherlands 16.11%
United States 12.98%
Luxembourg 7.98%
Germany 7.70%
Italy 5.98%
France 5.31%
Non-Classified 3.67%
Cash and Equiv. 3.35%
Sweden 2.86%

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 2 April 2020. Data provided by Funds Library, correct as at 29 February 2020.

You can buy or sell holdings in this fund through anStocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

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.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.