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Ninety One Global Total Return Credit Class I - Income-2 (GBP)

Sell:86.38p Buy:86.38p Change: 0.04p (0.05%)
Prices as at 24 December 2024
Sell:86.38p
Buy:86.38p
Change: 0.04p (0.05%)
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 24 December 2024
Sell:86.38p
Buy:86.38p
Change: 0.04p (0.05%)
Prices as at 24 December 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.

Our view on this Fund

This fund does not feature on the Wealth Shortlist of funds our analysts believe have the potential to outperform their peers over the long term. 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 »

Our view on the sector

Strategic bond funds have the freedom to invest across the fixed-interest spectrum, from traditional government and corporate bonds to higher-risk high-yield bonds. They can also invest up to 20% of the fund overseas and potentially benefit from currency movements. But this relies on the skill of the fund manager in making the right calls. Given the huge flexibility fund managers in this sector have, each fund should be judged on its own merits. Some focus on generating an income while others try to grow investors' money, or shelter it when times get tougher.

Performance Analysis

Performance analysis for this fund is not available.

Investment Philosophy

Investment philosophy for this fund is not available.

Process and Portfolio Construction

Process and portfolio construction for this fund are not available.

question mark Manager Track Record Based on HL Quantitative Research

This information is currently unavailable.

Fund Track Record

24/12/19 to 24/12/20 24/12/20 to 24/12/21 24/12/21 to 24/12/22 24/12/22 to 24/12/23 24/12/23 to 24/12/24
Annual return 6.05% 1.91% -11.99% 8.64% 7.15%

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.

Information about the fund

Fund manager biography

Manager Name: Tim Schwarz
Manager start date: 30 June 2019
Manager located in: TBC

Tim is a portfolio manager for the Multi-Asset Credit Funds at Ninety One. Tim joined the firm from Chimney Rock, an event-driven credit hedge fund, where as Director of Research he was responsible for investment research and portfolio management. Prior to that Tim was a senior analyst responsible for investment research of credit and distressed securities at hedge fund Trilogy Capital Management. Earlier in his career he was Vice President at J.P. Morgan and Principal at Robertson Stephens in equity capital markets and banking positions. Tim graduated from Duke University with a Bachelor's degree in History and a Master's degree in Business Administration.

manager photo
Manager Name: Jeff Boswell
Manager start date: 30 April 2018
Manager located in: London

Jeff is responsible for managing and leading the Alternative Credit investment team at Ninety One. His responsibilities include acting as a portfolio manager across a range of Ninety One credit funds, including our Multi-Asset Credit funds. Prior to joining the firm Jeff worked at Intermediate Capital Group PLC as Head of Portfolio Management within its Credit Fund Management division. He was also a member of the investment committee across both liquid and illiquid Credit Fund Management strategies. Prior to this he was at Investec Bank Limited as Head of Acquisition Finance, where he established the Acquisition Finance platform and led the development of their CLO business. Previously he has also held structured and leveraged finance roles at NIB Capital (London) and BOE Merchant Bank (South Africa). Jeff holds a Bachelor of Commerce degree with Honours (cum laude) from University of South Africa. He is also a Chartered Accountant (SA) and a CFA® Charterholder. Jeff is also currently a member of the ESG committee within the European Leveraged Finance Association, an initiative aimed at improving ESG disclosure and best practise across the sub-investment grade credit market.

Manager Name: Darpan Harar
Manager start date: 30 June 2021
Manager located in: TBC

Darpan is a portfolio manager for the Multi Asset Credit Funds at Ninety One. Prior to joining the firm, he spent four years at Barclays Capital where he was a member of the Credit Strategy team covering high yield bonds, leveraged loans and credit derivatives. While at Barclays he co-authored the ?Credit Alpha' which was regularly ranked as one of the best Weekly Credit Research Publications in Institutional Investor's ?All-American Fixed-Income Research Team' survey and ?All-European-Fixed-Income Research Team' survey. Darpan graduated top of his year from the University of Nottingham with a first class degree in Economics. He was also awarded the Elizabeth and JD Marsden award for outstanding academic results and citizenship. Darpan is also a CFA® Charterholder.

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. Benchmark data provided subject to this disclaimer.
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account