Mediolanum BB Global Hi Yld SH B (IE00B02YQH83.IR)
Fund Summary
The investment objective of the fund is total return by investing primarily in a diversified portfolio of higher yielding; lower rated fixed income securities primarily in the US and emerging markets. The Sub-Fund may also purchase US dollar and non-US dollar government and corporate debt securities, including bonds, notes, debentures, convertible securities, warrants, bank debt obligations, private placements, short-term paper, mortgage and other asset-backed securities, preferred stock, loan participations securitised and traded on a regulated market, and assignments and interests issued by entities organised and operated for the purpose of restructuring the investment characteristics of instruments issued by emerging market country issuers.
Risk Overview
Morningstar Risk Rating | |
Best 1Y Total Return | 43.08% |
Worst 1Y Total Return | -25.66% |
Number of Years Up | 6 |
Number of Years Down | 4 |
Performance & Risk
YTD Return | -- |
5y Average Return | -- |
Rank in Category (ytd) | 66 |
% Rank in Category (ytd) | -- |
Beta (5Y Monthly) | 0.95 |
Morningstar Risk Rating |
Risk Statistics
3 Years | 5 Years | 10 Years | ||||
---|---|---|---|---|---|---|
IE00B02YQH83.IR | Category Average | IE00B02YQH83.IR | Category Average | IE00B02YQH83.IR | Category Average | |
Alpha | -3.98 | -0.01 | -3.35 | -0.01 | -2.9 | -0.01 |
BETA | 0.95 | 0.01 | 0.92 | 0.01 | 0.85 | 0.01 |
Mean Annual Return | -0.1 | 0 | 0.15 | 0 | 0.29 | 0 |
R-squared | 94.89 | 0.87 | 95.37 | 0.86 | 96.15 | 0.91 |
Standard Deviation | 5.78 | 0.05 | 6.38 | 0.05 | 9.47 | 0.1 |
Sharpe Ratio | -0.22 | 0.01 | 0.24 | 0.01 | 0.22 | 0 |
Treynor Ratio | -1.48 | 0.03 | 1.44 | 0.06 | 1.94 | 0.05 |