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 3 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 (27/03/2024)
358.82p
Distribution yield
7.32%
Underlying yield
-
Fund size (31/01/2024)
£632.88m
Number of holdings
177
Entry Charge
0.00%
Ongoing Charges
0.60%
Launch date
22/03/2002
Asset Allocation
International Bonds
77.64%
UK Corporate Bonds
17.68%
Cash and Equivalents
1.02%
Alternative Trading Strategies
0.85%
UK Equities
0.43%
International Equities
0.06%
Other Assets
2.32%
Portfolio data accurate as at: 31/01/24
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
77.64%
UK Corporate Bonds
17.68%
Cash and Equivalents
1.02%
Alternative Trading Strategies
0.85%
UK Equities
0.43%
International Equities
0.06%
Other Assets
2.32%
Bond Sector Breakdown
Expand allCollapse all
Industry
Supersector
Sector
Subsector
Bonds
95.32%
-
-
-
Non-Classified
2.38%
-
-
-
Cash and Equivalents
1.02%
-
-
-
Alternative Trading Strategies
0.85%
-
-
-
Alternative Trading Strategies
-
0.85%
-
-
Alternative Trading Strategies
-
-
0.85%
-
Alternative Trading Strategies
-
-
-
0.85%
Financials
0.43%
-
-
-
Banks
-
0.43%
-
-
Banks
-
-
0.43%
-
Banks
-
-
-
0.43%
Regional Allocation
Developed Europe - Excl UK
35.77%
North America
28.40%
UK
18.11%
Non-Classified
9.03%
Emerging Europe
5.53%
Cash and Equivalents
1.02%
South & Central America
0.96%
Middle East & Africa
0.74%
Australia & New Zealand
0.44%
Fixed Interest Currencies
US Dollar
43.90%
Euro
33.41%
Pound Sterling
18.01%
Non-Fixed Interest Assets
3.66%
Cash
1.02%
Regional Breakdown
Expand allCollapse all
Region
Country
Developed Europe - Excl UK
35.77%
-
Italy
-
8.00%
Germany
-
5.47%
Sweden
-
5.25%
France
-
4.67%
Netherlands
-
4.12%
Luxembourg
-
3.87%
Spain
-
2.69%
Austria
-
1.24%
Switzerland
-
0.45%
North America
28.40%
-
United States
-
27.66%
Canada
-
0.74%
UK
18.11%
-
United Kingdom
-
18.11%
Non-Classified
9.03%
-
Emerging Europe
5.53%
-
Greece
-
2.70%
Czech Republic
-
0.90%
Turkey
-
0.69%
Poland
-
0.63%
Romania
-
0.60%
Cash and Equivalents
1.02%
-
South & Central America
0.96%
-
Mexico
-
0.64%
Cayman Islands
-
0.32%
Middle East & Africa
0.74%
-
United Arab Emirates
-
0.74%
Australia & New Zealand
0.44%
-
Australia
-
0.44%
Fixed Interest Maturity Profile
< 5Yr Maturity
48.63%
5Yr - 10Yr Maturity
29.59%
10Yr - 15Yr Maturity
3.81%
> 15Yr Maturity
13.29%
Cash And Equivalents
1.02%
Unknown Maturity
2.32%
Other Asset Types
1.34%
Fixed Interest Quality Profile
A
0.97%
BBB
7.16%
Sub-Investment Grade
32.75%
Unknown Quality
54.44%
Cash and Equivalents
1.02%
Other Asset Types
3.66%
Top 10 Holdings
Stock
% Weight
Sector
Country
1
CPUK FINANCE LTD 6.5% 28/08/2026
2.44%
Bonds
Non-Classified
2
PINNACLE BIDCO PLC 10% 11/10/2028 REGS
1.86%
Bonds
United Kingdom
3
GTCR W DUT/W-2 MERGER SU 8.5% 15/01/2031 REGS
1.83%
Bonds
United States
4
LEVEL 3 FINANCING INC 10.5% 15/05/2030 144A
1.68%
Bonds
United States
5
VALLOUREC SA 8.5% 30/06/2026 REGS
1.67%
Bonds
France
6
B&M EUROPEAN VALUE RET 8.125% 15/11/2030
1.63%
Bonds
Luxembourg
7
APOLLO SWEDISH BIDCO AB FRN 05/07/2029 REGS
1.58%
Bonds
Sweden
8
UNICREDIT SPA VAR 02/04/2034 144A
1.58%
Bonds
Italy
9
HTA GROUP LTD 7% 18/12/2025 REGS
1.55%
Bonds
Germany
10
ROYAL CARIBBEAN CRUISES 8.25% 15/01/2029 144A
1.50%
Bonds
United States
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
3142556
Mex Code
SEOPBA
Isin Code
GB0031425563
Citi Code
A224
Fund Charges
Entry Charge
0.00%
Ongoing Charges
0.60%
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.