Ninety One Global Total Return Credit Fund

Select share classes

Ninety One Global Total Return Credit Fund K GBP Inc2

Category Global Flexible Bond - GBP Hedged
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

87.62p

arrow-down-0.05p (-0.06%)

Fund Code

ICTKI

BF4JM34

GB00BF4JM344

Prices updated as at 21 May 2025
|
Prices in GBX
Investment objective
The Fund aims to provide total returns comprised of income and capital growth over at least a full credit cycle (this objective may be measured over at least 5 years). The Fund targets a positive return of Overnight SONIA +4% before fees over a full credit cycle (which may be measured over 5-year rolling periods). The Fund invests primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by borrowers around the world (including but not limited to emerging markets) and in related derivatives (financial contracts whose value is linked to the price of such bonds (or similar debt-based assets)).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, SDR Consumer facing disclosure, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 31/03/2025

Asset allocation

Created with Highcharts 7.2.20% Stocks94.11% Bonds5.57% Cash0.32% Other- Not classified
Show long & short position

Geographical breakdown

Continent or country allocation (%)

Created with Highcharts 7.2.2449696Latin AmericaUnited States

Market classification (%)

Created with Highcharts 7.2.2100100EmergingDeveloped

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.69
    Modified duration2.65

  • Credit quality breakdown

    Rating% of Bond
    AAA0.72
    AA12.61
    A10.76
    BBB31.13
    BB20.2
    B16.5
    Below B3.79
    Not Rated4.3

Valuation

Ninety One Global Total Return Credit Fund K GBP Inc2
Global Flexible Bond - GBP Hedged

38.77

38.77
1.47

0.41

0.41
0.29

1.11

1.11
0.66

2.78

2.78
7.70

Growth rate

Ninety One Global Total Return Credit Fund K GBP Inc2
Global Flexible Bond - GBP Hedged

-

-
19.00%

2.71%

2.71%
0.32%

161.20%

161.20%
15.48%

Top 10 holdings

1
5 Year Treasury Note Future June 25
Sector
-
Country
United States
% of assets
9.1717
2
Stt Strt GBP Lqudty LVNAV Premier Acc
Sector
-
Country
Ireland
% of assets
4.73762
3
iShares € High Yield CorpBd ETF EUR Dist
Sector
-
Country
Ireland
% of assets
1.66925
4
Federal National Mortgage Association 5.5%
Sector
-
Country
United States
% of assets
1.54727
5
Federal National Mortgage Association 6%
Sector
-
Country
United States
% of assets
1.48124
6
Federal National Mortgage Association 5.5%
Sector
-
Country
United States
% of assets
1.41326
7
10 Year Treasury Note Future June 25
Sector
-
Country
United States
% of assets
1.30812
8
BNP Paribas SA 2%
Sector
-
Country
France
% of assets
1.28402
9
iShares $ Short Dur HY CorpBd ETF $ Dist
Sector
-
Country
Ireland
% of assets
1.16942
10
Euro Bobl Future June 25
Sector
-
Country
Germany
% of assets
1.09006
Assets in top 10 holdings %

24.87%

Total no. of equity holdings

-

Total no. of bond holdings

275.00

Stock sectors

Ninety One Global Total Return Credit Fund K GBP Inc2
Global Flexible Bond - GBP Hedged

0.00%

Basic materials

-
-

Con cyclical

-
-

Financial svs

-
-

Real estate

-
-

0.00%

Comm services

-
-

Energy

-
-

Industrials

-
-

Technology

-
-

0.00%

Con defensive

-
-

Healthcare

-
-

Utilities

-
-


Important Information

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