BNY Mellon Global High Yield Bond Fund (EUR)
As at 31 July 2010
Investment objective
The Sub-Fund aims to achieve long term capital growth through investment primarily (meaning at least 80% of the Sub-Fund's assets) in a broadly diversified portfolio of high yield bonds and in derivatives.
Currency Hedging
The fund and benchmark are hedged into Euros.
General information
- Total net assets (million)
- € 665.80
- Lipper sector
- LGC 2005 Bond Global High Yield
- Index
- BofA Merrill Lynch Global High Yield (hedged into Euro) Constrained
- Fund domicile
- Dublin
- Fund type
- ICVC
- Fund manager
- Dedicated Team
- Base currency
- EUR
- Currencies available
- EUR, GBP
Key dates
- Fund launch
- 11 Feb 2004
- Close of financial year
- 31 Dec
BNY Mellon Asset Management Company
Standish Mellon Asset Management Company LLC: Standish is a specialist investment manager dedicated exclusively to active fixed income and credit solutions, with a particular strong emphasis on fundamental credit research.
Dealing
09:00 to 17:00 each business day
Valuation point: 12:00 Dublin time
Shareclass EUR A
- General
- Share class launch date
- 11 Feb 2004
- Minimum investment
- € 5,000
- Annual management charge
- 1.25%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE0030011294
- Bloomberg
- MELGHEA ID
- Sedol
- 03001129
- Valoren
- CH1332921
- WKN
- 693979
- Registered for sale in:
- DE, NL, IT, GUE, PT, UK, FR, CH, NO, BE, JER, ES, GIB, AT, IRL
Shareclass EUR C
- General
- Share class launch date
- 27 Sep 2004
- Minimum investment
- € 5,000,000
- Annual management charge
- 1.00%
- Maximum initial charge
- 5.00%
- Codes
- ISIN
- IE0030011419
- Bloomberg
- MELGHEC ID
- Sedol
- 03001141
- Valoren
- CH1630691
- WKN
- 798181
- Registered for sale in:
- DE, IRL, NL, IT, GUE, UK, FR, CH, NO, JER, ES, GIB, AT
| Performance record over 5 years | ||||||||
|---|---|---|---|---|---|---|---|---|
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR A share class currency. |
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| Performanceto | Annualised | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 month | 3 months | 6 months | YTD | 1 year | 3 years | 5 years | 3 years | 5 years | |||
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in share class currency. |
|||||||||||
| Fund - EUR A share class | 3.32 | -1.54 | 3.73 | 4.36 | 15.35 | 14.78 | 15.62 | 4.70 | 2.94 | ||
| Fund - EUR C share class | 3.34 | -1.48 | 3.85 | 4.50 | 15.62 | 15.62 | 17.06 | 4.96 | 3.20 | ||
| BofA Merrill Lynch Global High Yield EUR Hedged Constrained | 3.41 | 0.43 | 6.33 | 8.47 | 25.04 | 27.51 | 36.62 | 8.44 | 6.43 | ||
| Sector average | 0.04 | 1.69 | 8.94 | 12.63 | 24.90 | 13.84 | 18.33 | 4.24 | 3.33 | ||
| Ranking of fund in sector | 18 | 95 | 84 | 88 | 78 | 38 | 36 | 38 | 36 | ||
| No. of funds in sector | 97 | 96 | 91 | 89 | 89 | 74 | 61 | 74 | 61 | ||
| Quartile rank | 1 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | ||
Statutory performance data updated quarterly
| From | 30 Jun 09 | 30 Jun 08 | 29 Jun 07 | 30 Jun 06 | 30 Jun 05 |
|---|---|---|---|---|---|
| To | 30 Jun 10 | 30 Jun 09 | 30 Jun 08 | 29 Jun 07 | 30 Jun 06 |
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR A share class currency. |
|||||
| Fund | 16.8% | -5.8% | -2.7% | 6.6% | -0.8% |
Calendar Performance
| 2009 | 2008 | 2007 | 2006 | 2005 | |
|---|---|---|---|---|---|
|
Source: Lipper as at 31 July 2010. Total Return, including annual charges but excluding initial charges, income reinvested gross of tax. Performance history is given in Fund - EUR A share class currency. |
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| Fund | 45.68 | -25.84 | -0.77 | 4.15 | 1.87 |
| Index | 60.99 | -28.18 | 0.70 | 8.27 | 2.15 |
| Quartile Rank | 2 | 3 | 2 | 3 | 4 |
Holdings and Risk
Portfolio holdings are subject to change at any time without notice, are for information purposes only and should not be construed as investment recommendations.
Historical fund statistics - 3 years
- Jensen alpha
- -0.23
- Beta
- 0.86
- Correlation to benchmark
- 0.97
- Annualised information ratio
- -0.59
- Annualised Sharpe ratio
- 0.11
- Annualised tracking error
- 5.92
- R²
- 0.90