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Vilhena High Yield Fund - USD
Fact Sheet -
05 December 2023
Report - 31 October 2023
Report - 29 September 2023
Report - 31 August 2023
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Fund Data
Fund Managers
Top Holdings
Asset Allocation
Share Price Perf. Chart
Other Details
Fund Comparison
Investment Objective
The Investment Objective of the Fund is to aim to achieve a high level of income through investment in a diversified portfolio of Transferable Securities consisting principally of debt instruments whilst also seeking to achieve capital appreciation.
Fund Data
Fund Size
$86.65 million
Manager
BOV Asset Management Limited
Sub Investment Manager
Insight Investment Management (Global) Limited
Custodian
Bank of Valletta p.l.c.
Launch Date
05 November 2014
Fund Currency
United States Dollar
Minimum Lump Sum Investment
$2,000
Monthly Investment Plan
From US$50 per month
Initial Charge
Up to 3.5% of the amount invested
Exit Fee
N/A
Annual Management Fee
1.00% of the Fund's NAV
Annual Administration Fee
0.25% of the Fund's NAV and €1600 (for servicing the USD class)
Dealing Frequency
Daily
Income Distribution Frequency
31 January (payable by 31 March )
30 April (payable by 30 June)
31 July (payable by 30 September)
31 October (payable by 31 December)
For further details
Website: www.bovassetmanagement.com
Fund Manager
Uli Gerhard
Uli joined Insight in September 2011 as a Senior Credit Analyst within the Fixed Income Group. He became a Portfolio Manager in June 2012 and now manages the Insight High Yield Bond Fund, as well as, being responsible for the high yield product. Prior to joining Insight, Uli was a Senior Analyst and Port folio Manager at Paternoster services Ltd where he was responsible for managing investment grade sterling portfolios. Previous to this, he worked as a Consultant at BAE Systems Pension Fund. Uli started his career in the industry in 1997 with Saudi International Bank as an Analyst where his responsibilities included high yield and investment grade credit research and later portfolio management . Uli graduated in 1993 with a BA degree in Chemistry from the University of Kaiserslautern. In 1997 Uli gained a PhD in Organic Chemistry from Cambridge University.
Top holdings
(As at
31 October 2023
)
%
MARSTON S ISSUER PLC VAR 2035
2.55
%
PREMIER FOODS FINANCE 3.5 2026
2.55
%
ITHACA ENERGY NORTH SEA PLC 9 2026
2.22
%
SRM ESCROW ISSUER PLC 6 2028 144A
2.15
%
WP AP TELECOM HOLDINGS 5.5 2030
2.12
%
VIRGIN MEDIA VENDOR FIN 4.875 2028
1.82
%
SUMMER BIDCO BV 9 2025
1.78
%
KAIXO BONDSCO TELECOM SA 5.12 2029
1.64
%
VERTICAL HOLDCO GMBH 6.625 2028
1.63
%
FAURECIA 7.25 15 6 2026
1.43
%
Asset Allocation Chart (As at
31 October 2023
)
Asset Allocation by rating
Share Price Performance Chart
The performance figures quoted refer to the past and past performance is not a guarantee to future performance
Percentage Annual Performance %
Year
Income Return
Capital Return
Total Return
2023
5.95
3.79
9.74
2022
4.91
-16.49
-11.58
2021
4.86
-2.38
2.48
2020
4.80
-2.30
2.50
2019
5.76
5.57
11.32
2018
5.31
-8.87
-3.56
2017
5.26
1.00
6.26
2016
5.07
1.10
6.16
2015
5.52
-5.74
-0.21
2014
0.00
-3.01
-3.01
Share Price (As at
05 December 2023
)
0.72600
Income Yield (As at
05 December 2023
)
5.88
%
Manager Commentary
As at:
31 October 2023
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