FNW Threadneedle High Yield Bond Life Fund

Category Global High Yield Bond - GBP Hedged
Last buy/sell price

201.70p

arrow-down0.10p (-0.04%)

Fund Code

B3KNB51

GB00B3KNB510

Prices updated as at 17 Dec 2025
|
Prices in GBX
Investment objective
The Fund aims to provide income. It looks to outperform the ICE BofA European Currency High Yield Excluding Subordinated Financials Constrained (Hedged to Sterling) Index over rolling 3-year periods, after the deduction of charges. The Fund is actively managed, and invests at least two-thirds of its assets in bonds issued by companies worldwide that are denominated in euros (EUR) or sterling (GBP) and rated below investment grade. The Fund may invest to a lesser extent in bonds denominated in currencies other than euro and sterling, bonds of other credit quality (as well as unrated bonds) and bonds issued by governments and quasi-government entities. Non-sterling bonds are typically hedged into sterling.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/11/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.35
    Modified duration3.33

  • Credit quality breakdown

    Rating% of Bond
    AAA1.97
    AA-
    A-
    BBB1.31
    BB64.64
    B28.21
    Below B3.28
    Not Rated0.59

Valuation

FNW Threadneedle High Yield Bond Life Fund
Global High Yield Bond - GBP Hedged

-

-
2.21

-

-
0.15

-

-
-

-

-
-

Growth rate

FNW Threadneedle High Yield Bond Life Fund
Global High Yield Bond - GBP Hedged

-

-
315.42%

-

-
0.00%

-

-
38.77%

Top 10 holdings

1
Lorca Telecom Bondco S.A.U. 4%
Sector
-
Country
Spain
% of assets
1.28243
2
Olympus Water US Holding Corp. 6.125%
Sector
-
Country
United States
% of assets
1.00948
3
Electricite de France SA 2.875%
Sector
-
Country
France
% of assets
0.99012
4
Atos SE 9%
Sector
-
Country
France
% of assets
0.93774
5
Carnival PLC 4.125%
Sector
-
Country
United States
% of assets
0.84785
6
Iqvia Inc 2.25%
Sector
-
Country
United States
% of assets
0.84301
7
ZF Europe Finance B.V. 6.125%
Sector
-
Country
Germany
% of assets
0.83783
8
Electricite de France SA 2.625%
Sector
-
Country
France
% of assets
0.82131
9
Beach Acquisition Bidco LLC 5.25%
Sector
-
Country
United States
% of assets
0.80782
10
Can-Pack SA & Eastern PA LAnd Investment Holding LLC 2.375%
Sector
-
Country
Poland
% of assets
0.76994
Assets in top 10 holdings %

9.15%

Total no. of equity holdings

1.00

Total no. of bond holdings

294.00

Stock sectors

FNW Threadneedle High Yield Bond Life Fund
Global High Yield Bond - GBP Hedged

0.00%

Basic materials

-
-

Con cyclical

-
-

Financial svs

-
-

Real estate

-
-

0.00%

Comm services

-
-

Energy

-
-

Industrials

-
-

Technology

-
-

0.00%

Con defensive

-
-

Healthcare

-
-

Utilities

-
-


Important Information

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