Aegon High Yield Bond Fund GBP B Inc
Aegon Asset Management UK ICVC (Open Ended Investment Company domiciled in United Kingdom)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

Objective: to provide a combination of income and capital growth over any 7 year period. Policy: At least 80% of the Fund will be invested in a portfolio of high yield corporate bonds issued anywhere in the world and denominated in any currency. High yield corporate bonds are considered by the investment manager to be bonds issued by companies whose credit rating is defined as Ba1 or below by Moody's or BB+ or below by Standard and Poor's or BB+ or below by Fitch or their respective successors or equivalents. High yield bonds also include non-rated instruments. The Fund is actively managed and the ACD will seek to achieve diversification across individual issuers, geographies and sectors when constructing the portfolio. To the extent that the Fund is not fully invested in high yield corporate bonds, the Fund may also invest in other transferable securities (including corporate debt and government and public securities denominated in any currency), collective investment schemes (up to 10% of Net Asset Value and which may include schemes managed by the ACD or its affiliates), money market instruments, deposits and cash and near cash. It is intended that investment in any other collective investment schemes will be predominately in approved money market instruments. Derivatives may be used for investment purposes, for example exposure to assets may be gained through the use of derivatives. Derivatives may also be used for efficient portfolio management (including hedging to reduce currency risk). Non-Sterling exposure will typically be hedged back to Sterling to reduce currency risk but the Fund is permitted to take active non-Sterling exposure. Other information You can buy, sell or exchange the Fund's shares on any business day (see 'Dealing Day' in the Prospectus Definitions for more information). Income the Fund receives will be paid out every month. The Fund is not managed in reference to any index or benchmark It is expected that the Fund will be held as part of a diversified portfolio which may include other assets such as bonds, equities, property and cash.

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 24/11/20200.97
Morningstar categoryGlobal High Yield Bond - GBP Hedged
CurrencyGBP
Distribution statusDistributing
ISINGB00B1N9DY51
Inception Date01/03/2007
Minimum initial amount2,000,000.00 GBP
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge0.60% of which none is paid to MeDirect
Fund management company
AddressAegon Asset Management UK PLC 3 Lochside Crescent Edinburgh EH12 9SA United Kingdom
Manager NameMark Benbow
Manager Start Date30/11/2018
Websitehttps://www.aegonam.com/
Total Net Assets (mil)355.72 GBP (31/10/2020)
UCITSYes
AdministratorNorthern Trust Global Services SE

Documents

Prospectus
en 07/09/2020
Annual Report
en 31/07/2019
Semi Annual Report
en 31/01/2019
Morningstar Report
25/11/2020

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.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in GBP
PeriodAnnualised returnDate
1 year4.25%24/11/2020
3 years4.40%24/11/2020
5 years5.38%24/11/2020
10 years6.08%24/11/2020
Since launch6.77%24/11/2020
Cumulative performance in GBP
Performance
YTD 01/01/20202.35
1 month4.17
3 months6.13
6 months17.48
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-20.29%16.74%3.76%-
20196.07%2.59%1.88%2.60%
2018-0.84%-0.15%2.18%-3.35%
20171.83%2.10%1.22%0.37%
20160.99%2.24%4.38%1.12%
Dividend
Date ex dividendGross dividendPayment Date
02/01/20190.0031/01/2019
02/01/20180.0031/01/2018
03/01/20170.0031/01/2017
04/01/20160.0029/01/2016
02/01/20140.0031/01/2014
02/01/20130.0031/01/2013
03/01/20120.0031/01/2012
04/01/20110.0131/01/2011
05/01/20100.0029/01/2010
02/01/20090.0130/01/2009

Asset Allocation
% Long% Short% Net Assets
Stock0.83%0.00%0.83%
Bond94.10%0.11%93.99%
Cash101.25%100.89%0.36%
Other4.83%0.00%4.83%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
22.7013.0710.40
Sharpe Ratio
0.060.220.39
Sortino Ratio
0.070.250.47
Positive Months9.0023.0039.00
Negative Months3.0013.0021.00
Worst Month-19.14-19.14-19.14
World Regions
Region%
United Kingdom0.83
Stock Sector Weighting
Sector% of Equity
Financial Services0.83
Top 10 Holdings
HoldingSectorCountry% of Assets
Pinnacle Bidco Hld 6.38% United Kingdom1.74
ARQIVA BROADCAST FINANCE PLC 6.75% United Kingdom1.71
Stichting AK Rabobank Certificaten 0% 29/12/2049Netherlands1.60
ARD Finance S.A. 5% Ireland1.52
LHC3 PLC 4.13% Spain1.47
Global Aircraft Leasing Co Ltd 6.5% China1.42
Trivium Packaging Finance BV 3.75% Netherlands1.41
NMG Finco plc (McLaren) 5% United Kingdom1.37
American Airlines, Inc. 11.75% United States1.26
Vermilion Energy Inc. 5.63% Canada1.19
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
Equity Style
Large
Size
Mid
Small
Value
Blend
Growth
Style
Fixed Income Style
Large
Interest Rate Sensitivity
Mid
Small
Value
Blend
Growth
Credit Quality
£
0.97
Closing Price
All key information and documents must be reviewed before being able to Invest.