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Hermes Multi-Strategy Credit F Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund Provider Hermes Investment Mgt
Fund Summary The investment objective of the Fund is to generate a high level of income by primarily investing in a diversified portfolio of credit securities including investment grade bonds, high yield bonds, credit default swaps and money market securities (including commercial bank loans) while exhibiting lower volatility relative to the global high yield market.
SEDOL code BKRCN98
ISIN IE00BKRCN982
Fund code HMSFA
Managers Fraser Lundie
Manager Tenure 5 years
Morningstar Category Currently unavailable
IMA Sector £ Strategic Bond
Fund Size £964 million
Fund Type OEIC
Management Style Active
Total Expense Ratio (TER) 0.75%
Cavendish ongoing charge 0.05%
FundsNetwork Service Fee 0.20%
Minimum Initial Investment £25
Minimum Top Up £25
Minimum Monthly Investment £25
Sell Price £1.384
Buy Price £1.384
Price Change +0.6545%
Price Date 16th May 2019
Yield 3.99%
Dividend Frequency Semi-Annually
ISA Eligible Yes
SIPP Eligible Yes
Inception Date 5th May 2015
Fund Status OPEN
Fraser Lundie, CFA Co-Head and Lead Credit Portfolio Manager Fraser joined Hermes in February 2010 and is lead manager on the Hermes range of credit strategies. Prior to this he was at Fortis Investments, where he was responsible for European high yield credit. Fraser graduated from the University of Aberdeen with an MA (Hons) in Economics, earned an MSc in Investment Analysis from the University of Stirling, and is a CFA

3-year Mean Monthly Return: 0.762%

Annual Returns 2018 2017 2016
Fund Performance +11.08% -8.34% +25.70%
Benchmark Performance
+7.55% -4.50% +20.48%
Time Period Cumulative Benchmark Performance
Fund Compared to Benchmark
1 day 0.65% +0.40% +0.18%
1 week 1.73% +1.93% +0.34%
1 month 2.03% +2.02% +0.37%
3 months 3.54% +2.47% +1.49%
6 months 5.26% +3.75% +1.84%
1 year 9.68% +6.94% +3.24%
3 years 30.05% +23.32% +7.62%
5 years Currently unavailable +41.80% Currently unavailable
10 years Currently unavailable +80.07% Currently unavailable
YTD 5.88% +3.39% +2.86%
Since inception 38.40% Currently unavailable Currently unavailable

Top 10 shares for this fund

Share Name Country Value
Telecom Italia S.p.A. 6.38% ITA 3.44%
BHP Billiton Finance Ltd. 6.5% AUS 3.04%
Charter Communications Operating, LLC/Charter Communications Operating Capi USA 2.64%
Solvay Finance 4.2% FRA 2.63%
Virgin Media Sec Finance PLC 6% GBR 2.40%
Vale Overseas Limited 6.25% USA 2.21%
Ardagh Packaging Finance plc / Ardagh Holdings USA Inc. 4.75% IRL 2.14%
Diamond 1 Finance Corporation/Diamond 2 Finance Corporation 6.02% USA 2.02%
Diamond 1 Finance Corporation/Diamond 2 Finance Corporation 4.42% USA 1.97%
MMC FINANCE Designated Activity Company 3.85% IRL 1.86%

Currently unavailable