NEW CAPITAL WEALTHY NATIONS BOND GBP INST

An unconstrained, investment grade, global bond fund. Portfolio construction is led primarily by reference to a country's net foreign asset position.

  • 11487.00p Price (Inc)
  • - Price (Acc)
  • 0.00%

    Initial charge
  • 1.00% Annual management charge
  • 1.25% Ongoing charges
  • 1.80% Yield

Fund data last updated 15 November 2019

A domiciled distributor fund investing in the bonds of investment grade sovereign states and corporations there in. The manager focus on those securities within this universe which he deems to be credit worthy by reference to the net foreign asset position of a country. The fund is unconstrained by reference to any global bond benchmark, duration is typically 5 years. The fund is essentially a more diversified global version of their existing Renminbi Bond Fund without the hedge to the Chinese currency.

Fund summary

Sector Global Bonds
Structure OFFSHORE FUND
Launched September, 2009
Size £980m
Yield 1.80%
Charging basis
Dividends paid Jun, Dec

Charges

Initial charge -
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.00%
Ongoing charges figure 1.25%

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Investment process

Manager research

Average monthly relative returns

Bestinvest MRI

14/15 15/16 16/17 17/18 18/19 3 years 5 years Career 3 years 5 years Career
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

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Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

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Key Investor Documents

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