Barings Global Umbrella Fund - Barings Developed and Emerging Markets High Yield Bond Fund A EUR Inc
Baring Global Umbrella Fund (Unit Trust domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Unit Trust

Objective: To provide a high level of income. Investment Policy: To invest in non investment grade bonds (which are loans that pay a rate of interest for a set period of time) issued by governments and companies of member states of the Organisation for Economic Co-operation and Development (OECD) and of any emerging market countries. The bonds will be non investment grade securities (rated between BB+ and B-) as determined by Standard & Poor’s or another international ratings agency (or the manager where no agency rating is provided). Up to 10% of its value can be held in bonds rated lower than B-. Bonds are rated to indicate the probability that the issuer will repay the loan. Investment grade bonds are considered to have a lower risk of the issuer not repaying the loan. The Fund may invest in derivatives (such as futures, options and swaps) which are linked to the rise and fall of other assets. The Fund may use these derivatives to generate additional capital or income for the Fund and also to protect against currency movements. The Fund may invest in emerging markets (e.g. China, Hungary and Malaysia) which are countries whose economies are still developing. Distribution Policy: Any income generated will be automatically reinvested in more units of the same class unless payment is specifically requested. Dealing Frequency: Normally 12 noon (Irish time) Monday to Friday unless it is an Irish or UK public holiday. Minimum recommended holding term: This Fund may not be appropriate for investors who plan to withdraw their money within 5 years. For full details on the Objective, Investment Policy and the Distribution Policy please refer to the prospectus.

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 17/02/20208.74
Morningstar categoryGlobal High Yield Bond
CurrencyEUR
Distribution statusDistributing
ISINIE0004851808
Inception Date05/01/1999
Minimum initial amount500.00 EUR
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.45% of which 0.50% is paid to MeDirect
Fund management company
AddressBaring International Fund Mgrs (Ireland) 2nd Floor IFSC House Int'l Financial Services Centre Custom House Docks Dublin Ireland
Manager NameEce Ugurtas
Manager Start Date13/09/2007
Websitewww.barings.com
Total Net Assets (mil)510.39 EUR (31/01/2020)
UCITSYes
AdministratorNorthern Trust International Fund Administration Services (Ireland) Limited

Documents

Prospectus
en 28/12/2018
Annual Report
en 30/04/2019
Semi Annual Report
en 31/10/2019
Morningstar Report
17/02/2020

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
Annualised performance in EUR
PeriodAnnualised returnDate
1 year14.93%17/02/2020
3 years4.49%17/02/2020
5 years5.34%17/02/2020
10 years8.20%17/02/2020
Since launch6.50%17/02/2020
Cumulative performance in EUR
Performance
YTD 01/01/20205.44%
1 month3.60%
3 months6.20%
6 months8.55%
Quarterly Returns
Q 1Q 2Q 3Q 4
2020----
20198.52%1.17%4.96%0.17%
2018-3.88%5.30%3.22%-4.19%
20171.12%-4.29%-1.17%-1.09%
2016-2.59%4.94%4.24%7.72%
Dividend
Date ex dividendGross dividendPayment Date
03/02/20200.1317/02/2020
01/02/20190.1415/02/2019
01/02/20180.1315/02/2018
01/02/20170.1415/02/2017
01/02/20160.1415/02/2016
02/02/20150.1516/02/2015
03/02/20140.1214/02/2014
01/02/20130.1315/02/2013
01/02/20120.1515/02/2012
01/02/20110.1615/02/2011
01/02/20100.1415/02/2010
02/02/20090.0816/02/2009

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond96.00%0.00%96.00%
Cash43.77%40.59%3.18%
Other0.88%0.06%0.82%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
3.274.235.58
Sharpe Ratio
2.410.740.60
Sortino Ratio
5.411.200.98
Positive Months8.0019.0033.00
Negative Months4.0017.0027.00
Worst Month-1.52-3.13-5.13
World Regions
Region%
United States0.00
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
Energy Transfer Operating L P 4.93% 01/11/2066United States1.51
Garfunkelux Holdco 3 SA 8.5% 01/11/2022Germany1.17
Global Aircraft Leasing Co Ltd 6.5% 15/09/2024China1.15
Bausch Health Companies Inc 6.12% 15/04/2025United States1.12
Crimson Merger Sub Inc / Ortho-Clinical Diagnostics SA 6.62% 15/05/2022United States0.99
Techem Verwaltungsgesellschaft 674 mbh 6% 30/07/2026Germany0.99
AA Bond Co Limited 5.5% 31/07/2022United Kingdom0.97
Tibco Software Inc 11.38% 01/12/2021United States0.97
Sprint Corporation 7.88% 15/09/2023United States0.95
Braskem Idesa SAPI 7.45% 15/11/2029Mexico0.95
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
8.74
Closing Price
All key information and documents must be reviewed before being able to Invest.