Kames Global Diversified Growth Fund EUR A Acc
Kames Capital Investment Company (Ireland) plc (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

Objective: The investment objective is to maximise total return (income plus capital) over the medium term at lower risk than global equity markets by investing in a diversified portfolio of global assets. Policy: can invest in a wide range of assets around the world, but invests principally in: Company shares; Bonds issued by companies and governments; Cash; and Derivatives (financial contracts whose value is linked to an underlying asset). The Fund is actively managed. Using a multi asset approach, the Fund chooses investments to take advantage of anticipated trends in inflation worldwide including emerging markets (the economies of countries which are still developing). The Investment Manager may also use the MSCI World Index to measure the Fund's volatility against global equities. This is undertaken only for reference and comparison. The Investment Manager does not use this index as a target and Fund's portfolio is not constrained by this index. The Fund is not restricted by market sector or asset class. Its choice of investments is not constrained by any benchmark or index (although its objective, above, is linked to the performance of an index). The Fund may use derivatives to manage risks and costs and to take 'short' and 'long' positions. These positions allow the Fund to benefit from changes in the price of an underlying asset without actually owning it. More than 35% of the Fund may be invested in government and public securities (a form of bond) issued or guaranteed by one issuer. Full details are provided in the Prospectus. The Fund may hold substantial amounts of cash to implement investment techniques or meet its objective. Target benchmark: The investment Manager expects to deliver a total return (capital growth plus income) that exceeds Euro Area Consumer Prices Index by at least 4% on an annualised basis over any 5 year period, net of fees. By investing in the Fund, capital is at risk. There is no guarantee that the Fund will deliver positive returns over this, or any, time period. Comparator benchmark: Euro Area CPI. Comparison to this benchmark will give investors an indication of share class performance relative to a rate of inflation relevant for the share class currency. Other information You can buy, sell or exchange the Fund's shares on any business day (see 'Key Information for Buying and Selling' in the Fund Supplement to the Prospectus for more information). Income the Fund receives will be reinvested and automatically reflected in the value of your shares. Recommendation: the Fund may not be appropriate for investors who plan to withdraw their money within 3 years. 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
N/A
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 10/07/202010.18
Morningstar categoryEUR Flexible Allocation - Global
CurrencyEUR
Distribution statusAccumulating
ISINIE00BYYP9672
Inception Date22/09/2017
Minimum initial amount500.00 EUR
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.31% of which 0.55% is paid to MeDirect
Fund management company
AddressKames Capital PLC Kames House 3 Lochside Crescent EDINBURGH PARK Edinburgh EH12 9SA United Kingdom
Manager NameColin Dryburgh
Manager Start Date07/06/2016
Websitehttp://www.kamescapital.com
Total Net Assets (mil)11.19 EUR (30/06/2020)
UCITSYes
AdministratorCitibank Europe PLC

Documents

Prospectus
en 22/12/2017
Annual Report
en 31/10/2018
Semi Annual Report
en 30/04/2019
Morningstar Report
10/07/2020

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 year2.96%10/07/2020
Since launch0.64%10/07/2020
Cumulative performance in EUR
Performance
YTD 01/01/2020-0.58
1 month2.36
3 months9.22
6 months-1.24
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-10.93%9.67%--
20196.05%1.60%-0.65%4.05%
2018-2.19%1.18%0.49%-9.10%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock50.79%2.18%48.61%
Bond25.46%0.00%25.46%
Cash111.43%101.59%9.84%
Other16.09%0.00%16.09%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
11.35--
Sharpe Ratio
0.18--
Sortino Ratio
0.23--
Positive Months9.0021.0021.00
Negative Months3.0012.0012.00
Worst Month-7.53-7.53-7.53
World Regions
Region%
United States15.03
Eurozone14.85
United Kingdom8.55
Japan4.42
Canada2.48
Europe - ex Euro2.47
Asia - Developed1.39
Australasia0.95
Asia - Emerging0.64
Stock Sector Weighting
Sector% of Equity
Utilities12.03
Industrials10.21
Healthcare7.73
Technology7.62
Consumer Cyclical
5.52
Real Estate3.96
Financial Services1.68
Consumer Defensive
1.59
Basic Materials0.46
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 1.5% United States9.41
United States Treasury Bonds 2.88% United States3.13
Greencoat UK Wind United Kingdom2.35
UniCredit S.p.A. 6.63% Italy2.34
International Public Partnerships Ord Guernsey1.90
HICL Infrastructure PLC Ord United Kingdom1.88
Renewables Infrastructure Grp Guernsey1.86
Virgin Money UK PLC 8% United Kingdom1.83
United States Treasury Bonds 3.38% 15/11/2048United States1.70
Keyence Corp TechnologyJapan1.68
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
10.18
Closing Price
All key information and documents must be reviewed before being able to Invest.