Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.
This week, the Schroder International Global High Yield Selection fund defeats the Man High Yield Opportunities fund 5‐1.
Man High Yield Opportunities fund
The fund’s aim is to provide income and capital growth by investing directly or indirectly in fixed and floating rate securities worldwide. The fund focuses on securities rated below investment grade and targets income generation and capital growth, principally using a bottom-up approach.
Sector breakdown:
- Financials (23.6%)
- Consumer Discretionary (10.5%)
- Industrials (7.9%)
- Energy (6.3%)
- Communication Services (6.1%)
- Healthcare (6.1%)
- Consumer Staples (4.8%)
- Real Estate (4.8%)
- Materials (2.6%)
- Information Technology (2.3%)
Schroder International Global High Yield Selection fund
The fund aims to provide income and capital growth in excess of the Bloomberg Global HYxCMBSxEMG index USD Hedged 2% cap after fees have been deducted over a three to five year period by investing in below investment grade bonds issued worldwide.
Sector breakdown:
- Industrials (74.7%)
- Financial Institutions (16.8%)
- Utilities (3.3%)
- Liquid Assets (3%)
- Derivatives (1.5%)
- Treasuries (1%)
- Agency (0.5%)
- Local Authority (0.1%)
