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 BlackRock GF Asian High Yield Bond fund defeats the UBS (Lux) SICAV Asian High Yield Bond fund: 4-2

BlackRock GF Asian High Yield Bond fund

The fund aims to maximise the return on your investment through a combination of
capital growth and income on the fund’s assets. It invests at least 70% of its total assets in fixed income securities, which have a relatively low credit rating or are unrated, issued by governments and agencies of, or companies domiciled in, or exercising the predominant part of their economic activity in Asia Pacific.

Top 10 holdings:

CS Treasury Management Services P RegS 9 12/31/2079 (1.7%)
Rakuten Group RegS 4.25 12/31/2079 (1.6%)
Greenko (JPM Structured) MTN RegS 13 02/03/2028 (1.5%)
Continuum Energy RegS 5 09/11/2027 (1.3)
AM Green Power BV RegS 11.3 03/31/2027 (1.3%)
Continuum Energy Aura RegS 9.5 02/24/2027 (1.2%)
Estate Sky RegS 10.5 05/21/2028 (1.1%)
Acropolis Trade & Investment RegS 11.035 04/02/2028 (1.1%)
Mumbai International Airport RegS 6.95 07/30/2029 (1.1%)
Ishares USD Asia HY Bond ETF (1.0%)

UBS (Lux) SICAV Asian High Yield Bond fund

The actively managed fund invests in Asian high yield bonds (primarily non-investment grade bonds of Asian sovereign, quasi-sovereign and corporate issuers) denominated in US dollar, and seeks to generate an attractive risk-adjusted return.

Top 10 holdings:

Sri Lanka Government International Bond (7.3%)
Pakistan Government International Bond (5.2%)
Vedanta Resources Finance II PLC (5.0%)
Standard Chartered PLC (3.8%)
Melco Resorts Finance Ltd (3.3%)
Wynn Macau Ltd (3.0%)
Muthoot Finance Ltd (2.5%)
Industrial & Commercial Bank of China Ltd (2.5%)
San Miguel Global Power Holdings Corp (2.2%)
NWD Finance BVI Ltd (2.1%)