Kames Global Diversified Income Fund USD A Acc H
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: to provide income with the potential for capital growth over the medium term. Policy: to invest mainly in a diversified portfolio of equities, bonds and derivatives denominated in any currency. Assets will be chosen based on global economic trends and investment opportunities. As a result, at any one time the Fund may be diversified across asset classes, sectors, currencies and countries or may be more focused. Equities will be limited to a maximum of 80% of the Fund's value at all times. The Fund is actively managed. The Fund may invest in assets denominated in a currency other than Euros. The currency risk of investing in such assets may or may not be hedged back to Euros, depending on whether currency risk is a desired element of the investment decision. The Fund may also hold units in other Collective Investment Schemes, other transferable securities, warrants, cash and near cash, approved money market instruments, deposits, derivatives and forwards (including commodity indices) for investment or hedging purposes. The Fund may have indirect exposure to property. 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. Target Performance: The Investment Manager expects to generate income with a target yield of approximately 5% per annum, with the potential for capital growth over the medium term (being any 5 year period). By investing in the Fund, capital is at risk. There is no guarantee that the Fund will generate this, or any other level of income or returns. 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). Note: the currency of this share class is different from the base currency of the Fund. We use investment techniques which aim to eliminate the impact of exchange rate changes between the share class currency and the currency of the Fund. Kames Capital Investment Company (Ireland) plc operates two different methods of hedging share classes. Full details of these can be found in the Prospectus. Income the Fund receives will be reinvested and automatically reflected in the value of your shares. 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 10/07/202010.90
Morningstar categoryUSD Moderate Allocation
CurrencyUSD
Distribution statusAccumulating
ISINIE00BYYPGR78
Inception Date22/09/2017
Minimum initial amount500.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.24% 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 NameVincent McEntegart
Manager Start Date21/04/2016
Websitehttp://www.kamescapital.com
Total Net Assets (mil)184.19 USD (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
11/07/2020

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.
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 USD
PeriodAnnualised returnDate
1 year-1.80%10/07/2020
Since launch3.11%10/07/2020
Cumulative performance in USD
Performance
YTD 01/01/2020-7.41
1 month-0.16
3 months8.58
6 months-7.98
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-16.99%10.15%--
20199.05%3.52%1.81%4.94%
2018-2.27%1.06%2.13%-4.86%
Dividend

Asset Allocation
% Long% Short% Net Assets
Stock49.42%0.00%49.42%
Bond37.18%0.00%37.18%
Cash103.41%102.71%0.70%
Other12.70%0.00%12.70%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
17.16--
Sharpe Ratio
-0.12--
Sortino Ratio
-0.15--
Positive Months9.0021.0021.00
Negative Months3.0012.0012.00
Worst Month-13.62-13.62-13.62
World Regions
Region%
Eurozone12.06
United States10.97
Asia - Developed8.72
United Kingdom7.85
Japan5.65
Australasia2.53
Europe - ex Euro1.03
Asia - Emerging0.62
Stock Sector Weighting
Sector% of Equity
Real Estate12.43
Utilities8.52
Financial Services8.27
Industrials6.41
Technology4.85
Healthcare3.90
Communication Services1.73
Consumer Defensive
1.59
Basic Materials0.91
Consumer Cyclical
0.82
Top 10 Holdings
HoldingSectorCountry% of Assets
Long-Term Euro BTP Future Sept 20 30/09/2020Germany4.98
Greencoat UK Wind United Kingdom1.92
Renewables Infrastructure Grp Guernsey1.84
Phoenix Group Holdings PLC Financial ServicesUnited Kingdom1.61
Broadcom Inc TechnologyUnited States1.55
Delta Electronics Inc TechnologyTaiwan1.44
Infratil Ltd UtilitiesNew Zealand1.43
Allianz SE Financial ServicesGermany1.40
National Grid PLC UtilitiesUnited Kingdom1.27
Simplo Technology Co Ltd IndustrialsTaiwan1.25
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
$
10.90
Closing Price
All key information and documents must be reviewed before being able to Invest.