Morningstar

Impax Global High Yield GBP M Accumulation Hedged

Morningstar Medalist Rating
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Medalist Rating as of See Impax Investment Hub
  • NAV / 1-Day Return £1.08  /  0.00
  • Fund Size £137.1M
  • Adjusted Expense Ratio —
  • Net Expense Ratio —
  • Fee Level: Distribution Average
  • Share Class Type —
  • Morningstar Category Global High Yield Bond - GBP Hedged
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment £0
  • Investment Status —
  • TTM Yield 0.00%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis

Will Impax Global High Yield GBP M Accumulation Hedged outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable Impax Global High Yield GBP M Accumulation Hedged’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the Impax Global High Yield GBP M Accumulation Hedged management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of Impax Global High Yield GBP M Accumulation Hedged’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Impax Global High Yield GBP M Acc Hdgd holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings

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  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CURRENCY CONTRACT - EUR Purchased

66.90 103M
Derivative

CURRENCY CONTRACT - EUR Purchased

6.53 10M
Derivative

CURRENCY CONTRACT - GBP Purchased

3.78 6M
Derivative

US DOLLAR

2.33 4M
Cash and Equivalents

Dentsply Sirona Inc 8.375%

1.90 3M
Corporate

Unipol Assicurazioni S.p.A. 6%

1.64 3M
Corporate

TDC Brands AS 8%

1.61 2M
Corporate

EURO

1.58 2M
Cash and Equivalents

Deutsche Bank AG 6.75%

1.51 2M
Corporate

C&W Senior Finance Ltd. 9%

1.47 2M
Corporate

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