Sterling High Yield
Update 9th December 2011: This sector is at the more risky end of the corporate bond spectrum, what used to be called junk bonds. Remember the higher the yield, the greater the risk. While the value of investment grade bonds is more dictated by gilts and interest rates, the value of high yield bonds is linked more closely to the stock market and the health of the economy.
Consequently the sector's recent fortunes have mirrored the rise and falls of equity markets. Nervous investors redeemed money from high yield bonds in record amounts earlier in the year, with liquidity drying up. Although there has been opportunistic buying in recent weeks, largely by those close to these markets, we don’t recommend that ordinary investors get involved.
If you sort the table by ‘One year cumulative value’ and order by ‘Best Performing’ you can glance along the row to see performance over various periods. What we are looking for is consistency of performance.
The usually consistent Baillie Gifford fund has had a dip in performance over the last 6 months yet it still holds its own over timeframes of 1 year or more. The Kames (formerly Aegon) High Yield Bond fund has performed well over the last 6 months benefiting from its more defensive positioning. The fund also has the added advantage for us of outstanding regular feedback from the manager, providing a valuable insight for us, and giving added confidence to us and our clients.
Filter by: order by:
| Growth (%) |
|
1 Month |
6 Month |
1 Year |
Monthly risk |
| Fund name |
Value |
Rank |
Value |
Rank |
Value |
Rank |
Value |
Rank |
| Aberdeen High Yield Bond TR in GB |
-3.3 |
23 |
-14.25 |
22 |
0 |
0 |
0 |
0 |
| Aviva Inv High Yield Bond TR in GB |
-1.09 |
14 |
-7.18 |
12 |
-4.14 |
10 |
2.8 |
4 |
| AXA Global High Income TR in GB |
0.25 |
3 |
-2.4 |
5 |
1.79 |
4 |
2.35 |
1 |
| AXA Pan European High Yield Bond TR in GB |
-1.02 |
13 |
-8.97 |
18 |
-6.19 |
17 |
8.69 |
18 |
| Baillie Giff High Yield Bond TR in GB |
-1.16 |
15 |
-8.64 |
17 |
-4.2 |
11 |
10.55 |
20 |
| CF KB Enterprise Fixed Income TR in GB |
-0.09 |
4 |
6.61 |
2 |
0 |
0 |
0 |
0 |
| COIF Charities Fixed Interest TR in GB |
-0.4 |
7 |
6.92 |
1 |
11.3 |
1 |
0 |
0 |
| F&C Maximum Income Bond TR in GB |
-1.01 |
12 |
-6.04 |
9 |
-1.95 |
7 |
3.31 |
10 |
| Henderson Extra Monthly Income Bond TR in GB |
-1.37 |
17 |
-8.46 |
16 |
-6.25 |
18 |
6.66 |
17 |
| Ignis High Income Bond TR in GB |
-1.45 |
18 |
-7.29 |
13 |
-4.67 |
14 |
9.39 |
19 |
| Invesco Perp European High Yield TR in GB |
-0.2 |
6 |
-7.93 |
15 |
-3.81 |
8 |
4.32 |
15 |
| Investec Monthly High Income TR in GB |
-1.19 |
16 |
-7.74 |
14 |
-5.67 |
15 |
2.4 |
2 |
| JPM Global High Yield Bond TR in GB |
0.79 |
2 |
-0.61 |
4 |
2.88 |
3 |
3.71 |
12 |
| Kames High Yield Bond TR in GB |
-0.52 |
9 |
-4.13 |
6 |
0.76 |
5 |
2.62 |
3 |
| L&G High Income TR in GB |
-0.19 |
5 |
-6.52 |
10 |
-4.52 |
13 |
2.82 |
5 |
| M&G High Yield Corporate Bond TR in GB |
-0.9 |
11 |
-5.91 |
8 |
-3.81 |
9 |
2.92 |
7 |
| Marlborough High Yield Fixed Interest TR in GB |
-3.07 |
22 |
-12.67 |
21 |
-10.06 |
20 |
5.4 |
16 |
| Newton Global High Yield Bond TR in GB |
-1.97 |
20 |
-10.72 |
20 |
-8.95 |
19 |
3.58 |
11 |
| Schroder Monthly High Income TR in GB |
-0.75 |
10 |
-14.63 |
23 |
-11.89 |
21 |
3.2 |
9 |
| Scot Wid High Income Bond TR in GB |
0.81 |
1 |
3.27 |
3 |
7 |
2 |
2.88 |
6 |
| Stan Life Inv Higher Income TR in GB |
-1.69 |
19 |
-9.48 |
19 |
-6.18 |
16 |
3.13 |
8 |
| SWIP High Yield Bond TR in GB |
-0.4 |
8 |
-4.28 |
7 |
-1.01 |
6 |
3.97 |
14 |
| Threadneedle High Yield Bond TR in GB |
-2.31 |
21 |
-7.09 |
11 |
-4.3 |
12 |
3.77 |
13 |