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GAM Star Credit Opportunities (GBP) GBP Inc

Ranked 2 out of 61 in - Sterling Strategic Bond over 12 months
All calculations are in USD unless stated

Managed by

Anthony Smouha

Anthony Smouha is Chief Executive Officer of Atlanticomnium SA and is adviser to multiple GAM bond funds. Atlanticomnium SA specialises in bond portfolio management, and prior to joining the group in 1992, Mr Smouha was senior vice president, head of bond trading and sales at Soditic SA/SG Warburg Soditic SA, Geneva. Prior to this, he was at Credit Suisse First Boston in London. Mr Smouha was educated at Harrow School and holds an MA Cantab Hons in Economics from the University of Cambridge. He is based in Geneva.

Objective

The investment objective of the Fund is to achieve long-term capital gain in Sterling through investment principally in income bearing or accruing securities with fixed principal amounts including government bonds, corporate bonds, junior debt securities, preferred shares, convertible securities and contingent capital notes.

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

Performance

Sterling Strategic Bond over : 30/11/2016 - 30/11/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 5.1% 7.9% 5.8%
2016 -7.8% -2.3% -5.2% 4.9% -5.1%
2015 -1.2% -0.7% 5.5% -3.7% -2.1%
2014 5.3% 5.1% 7.0% -4.2% -2.2%
2013 14.4% -2.2% -0.4% 10.4% 6.4%
2012 32.3% 10.5% -2.8% 10.8% 11.1%
2011 1.6%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

30/06/2017

Top 10 Holdings

Stock Size
GBP Cash 11.37
Lloyds Bank PLC PERP 3.92
Old Mutual PLC 7.875% 03-Nov-2025 2.75
General Accident PLC PFD 2.53
Paragon Group of Companies Plc 7.250% 09-Sep-2026 2.31
HSBC Holdings PLC FRN Perp 2.21
Coventry Building Society PERP 2.06
Aviva PLC PFD 2.06
Brit Insurance 6.625% 09-Dec-2030 2.04
Tesco PLC 4.875% 24-Mar-2042 2.03
30/06/2017

Registered For Sale In

  1. Austria
  2. Denmark
  3. Finland
  4. Germany
  5. Ireland
  6. Luxembourg
  7. Netherlands
  8. Norway
  9. Spain
  10. Sweden
  11. Switzerland
  12. United Kingdom

Fund Info

  • Launch date12/07/2011
  • Share Class size985Mn
  • Base currencyGBP
  • ISIN IE00B5870639

Purchase Info

  • Min. initial investment6,000
  • Min. regular additional investment0

Charges

  • Annual management1.50%

Related News

Credit star Smouha: why financial bonds are my best bet

The manager of the GAM Star Credit Opportunities fund unveils his favourite plays within the financial sector and talks about his most recent acquisitions.

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