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CT (Lux) European High Yield Bond Inclusive - Class 1 - Accumulation (GBP)

Sell:1,054.09p Buy:1,054.09p Change: 5.23p (0.49%)
Prices as at 6 November 2024
Sell:1,054.09p
Buy:1,054.09p
Change: 5.23p (0.49%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 6 November 2024
Sell:1,054.09p
Buy:1,054.09p
Change: 5.23p (0.49%)
Prices as at 6 November 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
Net initial charge: 0.00%
HL dealing charge: Free
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 1.38%
Ongoing saving from HL: 0.60% i
Net ongoing charge: 0.78%

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Inclusive
Manager:
Multiple
Fund launch date: 29 August 2018
Launch price: £10.00
Sector: Global Bonds
Fund size: £279 million
Number of holdings: 311
Fund type: SICAV
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 23:59
Trustee: Other
Minimum investment: £100.00
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

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Performance

07/11/19 to 07/11/20 07/11/20 to 07/11/21 07/11/21 to 07/11/22 07/11/22 to 07/11/23 07/11/23 to 07/11/24
Annual return 6.14% -0.59% -12.28% 6.90% 6.74%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

The Wealth Shortlist features funds our analysts believe have the potential to outperform their peers over the long term. If a fund is not on the Shortlist, this is not a recommendation to sell; however, if you are thinking of adding to your investments, we believe the Wealth Shortlist is a good place to start. View funds on the Wealth Shortlist »

Fund Objective

The European High Yield Bond Portfolio seeks to achieve a total return from income and capital appreciation by investing principally in Euro or Sterling denominated fixed income securities that are rated below Investment Grade. The Portfolio will principally invest in fixed income securities issued by companies domiciled in Europe, or with significant European operations. The Portfolio may invest in CoCos (not exceeding 10% of the Portfolio’s Net Asset Value). The Portfolio may use financial derivative instruments for hedging purposes. Typically, where securities are denominated in a currency other than Euro it is intended that they will typically be hedged back into Euro. The weighted average credit rating is expected to be BB- as rated by S&P or Fitch or the Moody’s equivalent of Ba3.

Income Details

Income paid: Annually
Type of payment: Dividend
Ex-dividend date:
Payment date:

This data is provided by Broadridge. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. There is currently no yield information available for this fund.

Security Weight
LORCA TELECOM BONDCO 4.00 18/09/2027 1.16%
TELEFONICA EUROPE BV 3.875 0.99%
ELECTRICITE DE FRANCE SA 5.00 0.93%
FORVIA SE 2.375 15/06/2027 0.93%
BELLIS ACQUISITION CO PL 8.125 14/05/2030 0.92%
EMRLD BOR / EMRLD CO-ISS 6.375 15/12/2030 0.88%
INPOST SA 2.25 15/07/2027 0.88%
INEOS FINANCE PLC 6.375 15/04/2029 0.87%
MARKET BIDCO FINCO PLC 5.50 04/11/2027 0.82%
IQVIA INC 2.25 15/01/2028 0.82%
Sector Weight
Bonds 96.28%
Cash and Equiv. 2.78%
Non-Classified 0.94%
Country Weight
United Kingdom 16.15%
France 14.79%
Netherlands 12.82%
Germany 11.12%
Non-Classified 8.57%
Luxembourg 8.52%
United States 7.27%
Italy 6.17%
Spain 2.92%
Cash and Equiv. 2.78%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 6 November 2024. Data provided by Broadridge, correct as at 31 May 2024.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account

4 If you elect to receive the income from an ISA or a Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.