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AB (HK) Global High Yield Portfolio A2 RMB H

Ranked 44 out of 243 in - Global High Yield over 12 months
All calculations are in USD unless stated

Managed by

Paul DeNoon

Paul DeNoon joined Alliance Capital as a portfolio manager in 1992 and currently takes charge of the massive AllianceBernstein-American Income Portfolio. The fund is 100% US Dollar denominated with DeNoon allocating between sectors based upon top-down analysis of global economic trends. Bottom-up in-house research drives the security selection. Prior to joining Alliance Capital, DeNoon spent six years working for Manufacturers Hanover Trust as an economist and ultimately portfolio manager. He started his career with two years as an economic research analyst at Lehman Brothers. DeNoon was born in Rochester, New York, in 1962 and holds a bachelor’s degree in economics from Union College, Schenectady, New York, and a masters degree in finance from New York University. Away from the office he is a keen skier and keeps himself busy coaching youth soccer.

Gershon Distenfeld

Gershon Distenfeld was born in 1975 in New York. He holds BA in finance from the Sy Syms School of Business at Yeshiva University in New York and is a CFA Charterholder. He started his career in July 1997 at Lehman Brothers as an emerging markets operations analyst, and in May 1998 joined Alliance Bernstein as a high yield trader. He then started managing high yield portfolios and is currently director of high yield. Outside of work, Gershon enjoys golf, backgammon and American football.

Douglas Peebles

Douglas J. Peebles graduated from Muhlenberg College in Pennsylvania with a BA and from Rutgers University in New Jersey with an MBA. He is the chief investment officer of Alliance Bernstein's fixed income business in New York and is directly responsible for supervising all fixed income mandates. Doug joined Alliance Bernstein in 1987, and became director of fixed income in 1997. From 2004 to 2008 he was co-head of fixed income before becoming CIO in August 2008. He is also chairman of the interest rates and currencies research review team which is responsible for setting interest rate and currency policy for all fixed income portfolios. Outside of fund management Doug enjoys playing golf.

Matthew Sheridan

Matthew Sheridan graduated from Syracuse University in New York with a BS in finance. He started his career with Alliance Bernstein in 1998 working in the structured asset securities group. Matthew is currently a vice president and portfolio manager within the global fixed income and emerging market debt team. He is a CFA Charterholder.

Objective

To produce high current income as well as overall total return by investing primarily in a portfolio of high yielding debt securities of issuers located throughout the world, including U.S. issuers and issuers in emerging market countries. The Portfolio invests primarily and at any time at least two-thirds of its assets in high yielding bonds of issuers located throughout the world, including U.S. issuers and issuers in emerging-market countries. The Portfolio intends to allocate assets among high-yield non-Investment Grade corporate bonds in the U.S., non-Investment Grade debt securities of issuers located in emerging-market countries as well as sovereign debt issued by emerging market countries.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

Global High Yield over : 30/11/2016 - 30/11/2017
  • Rank 44/243 Total Return
  • Rank 165/243 Standard Deviation
  • Rank 23/243 Max Drawdown
Fund Name Currency Return
42 Union High Yield Short Duration C USD

17.6%

43 Fidelity Global High Yield A Net Inc USD

17.4%

44 AB (HK) Global High Yield Portfolio A2 RMB H

Currency exposure is hedged

Currency exposure is hedged

USD

17.1%

45 AGF Global Convertible Bond Series MF USD

16.8%

46 Worldwide Alternative Fund SICAV-SIF SSF EUR I Div USD

16.7%

Fund Name Currency Loss
22 Pioneer Funds Global High Yield C No Dis USD USD

-0.1%

23 Nomura Global High Yield Bd Fd Acc USD USD

-0.1%

23 Allianz Selective Global High Yield IT USD

-0.1%

23 LBPAM Obli Crossover L

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.1%

23 AB (HK) Global High Yield Portfolio A2 RMB H

Currency exposure is hedged

Currency exposure is hedged

USD

-0.1%

23 AB FCP I-Global High Yield Portfolio I USD USD

-0.1%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 6.3% 3.5% 4.2%
2016 10.7% 6.3% 1.8% 4.9% -2.5%
2015 -4.1%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Hong Kong

Fund Info

  • Launch date31/08/2015
  • Share Class size06Mn
  • Base currencyCNH
  • ISIN HK0000258258
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment10,000
  • Min. regular additional investment0

Charges

  • Annual management1.55%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in USD).