Liontrust GF High Yield Bond Fund B1 Acc USD
Liontrust Global Funds PLC (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The Fund aims to maximise the returns on your investment through a combination of income and capital growth, through investment in the global fixed income market. Policy The Fund invests at least 50% of its assets in high yield bonds (i.e. bonds classified as below investment grade) issued by companies worldwide which are denominated in US Dollar or non-US Dollar bonds that are hedged back into US Dollar. Although the focus is on high yield corporate bonds, the Fund may also invest in investment grade corporate bonds, government bonds, cash or assets that can be turned into cash quickly. The Fund invests in developed and emerging markets, with a maximum of 20% of its net assets invested in emerging markets. Where the Fund invests in non-US Dollar assets, the currency exposure of these investments will generally be hedged back to US Dollar. Up to 5% of the Fund's currency exposure may not be hedged (i.e. the Fund may be exposed to the risks of investing in another currency for up to 5% of its assets). The Fund may invest both directly, and through the use of derivatives. The use of derivatives may generate market leverage (i.e. where the Fund takes market exposure in excess of the value of its assets). Recommendation This Fund may not be appropriate for investors who plan to withdraw their money within 5 years. How to buy You may buy or sell shares on a daily basis (but not weekends or Bank Holidays). Orders must be received by 11.59a.m. (Irish time) for execution at midday valuation point. Investment process The fund manager decides which investments to hold in the Fund based on an assessment of a combination of macroeconomic, asset, sector and individual investment level factors. Before being selected, an assessment is made of the creditworthiness of each potential investment (i.e. the likelihood of the companies issuing the bonds being able to meet the coupon payments or pay back the capital of the bond on maturity). A number of other factors are also considered, such as expected total return relative to the assessed risk, duration and liquidity. Further details may be found in the prospectus and information on the investment process may be found at www.liontrust.co.uk.

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 26/05/202010.54
Morningstar categoryGlobal High Yield Bond
CurrencyUSD
Distribution statusAccumulating
ISINIE00BFXZFF67
Inception Date08/06/2018
Minimum initial amount1,000.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge1.22% of which 0.75% is paid to MeDirect
Fund management company
AddressLiontrust Investment Partners LLP 2 Savoy Court, London WC2R 0EZ London WC2R 0EZ United Kingdom
Manager NameDonald Phillips
Manager Start Date08/06/2018
Websitewww.liontrust.co.uk
Total Net Assets (mil)45.46 USD (30/04/2020)
UCITSYes
AdministratorBNY Mellon Fund Services (Ireland) Designated Activity Company

Documents

Prospectus
en 01/10/2019
Annual Report
en 31/12/2018
Semi Annual Report
en 30/06/2019
Morningstar Report
27/05/2020

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-0.24%26/05/2020
Since launch2.69%26/05/2020
Cumulative performance in USD
Performance
YTD 01/01/2020-6.63
1 month2.43
3 months-6.51
6 months-5.31
Quarterly Returns
Q 1Q 2Q 3Q 4
2020-14.05%---
20196.73%3.05%2.25%2.49%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock0.00%0.00%0.00%
Bond88.08%0.00%88.08%
Cash10.91%0.00%10.91%
Other1.02%0.00%1.02%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
16.14--
Sharpe Ratio
-0.16--
Sortino Ratio
-0.19--
Positive Months9.0016.0016.00
Negative Months3.006.006.00
Worst Month-13.65-13.65-13.65
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
LHC3 PLC 4.12% 14/08/2024Spain2.28
Netflix, Inc. 3.62% 14/05/2027United States2.13
Aroundtown SA 5.25% Germany2.09
DRAX FINCO PLC 6.62% 01/11/2025United Kingdom2.04
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5% 01/02/2028United States1.82
Dell Inc 7.1% 14/04/2028United States1.79
Iqvia Inc 2.25% 15/01/2028United States1.75
Pershing Square Holdings, Ltd. 5.5% 14/07/2022United States1.68
Altice Financing S.A. 3% 15/01/2028France1.66
Catalent Pharma Solutions, Inc. 2.38% 01/03/2028United States1.63
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
$
10.54
Closing Price
All key information and documents must be reviewed before being able to Invest.