Ninety One Global Total Return Credit Fund

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Ninety One Funds Series ii - Global Total Return Credit Fund I Inc-2 GBP

Category Global Flexible Bond - GBP Hedged
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

86.83p

arrow-up0.01p (+0.01%)

Fund Code

ICTII

BF4JM23

GB00BF4JM237

Prices updated as at 12 Dec 2025
|
Prices in GBX
Investment objective
The Fund aims to provide total returns comprised of income and capital growth over at least a full credit cycle (this objective may be measured over at least 5 years). The Fund targets a positive return of Overnight SONIA +4% before fees over a full credit cycle (which may be measured over 5-year rolling periods). The Fund invests primarily (at least two-thirds) in bonds (or similar debt-based assets) issued by borrowers around the world (including but not limited to emerging markets) and in related derivatives (financial contracts whose value is linked to the price of such bonds (or similar debt-based assets)).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, SDR Consumer facing disclosure, 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 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.86
    Modified duration2.86

  • Credit quality breakdown

    Rating% of Bond
    AAA5.22
    AA7.95
    A3.81
    BBB28.46
    BB25.29
    B18.74
    Below B4.15
    Not Rated6.38

Valuation

Ninety One Funds Series ii - Global Total Return Credit Fund I Inc-2 GBP
Global Flexible Bond - GBP Hedged

-

-
2.06

-

-
0.25

-

-
1.11

-

-
4.41

Growth rate

Ninety One Funds Series ii - Global Total Return Credit Fund I Inc-2 GBP
Global Flexible Bond - GBP Hedged

-

-
12.71%

-

-
0.33%

-

-
47.22%

Top 10 holdings

1
5 Year Treasury Note Future Dec 25
Sector
-
Country
United States
% of assets
16.2285
2
iShares Broad $ HY Corp Bd ETF USD Dist
Sector
-
Country
Ireland
% of assets
3.03916
3
Stt Strt GBP Lqudty LVNAV Premier Acc
Sector
-
Country
Ireland
% of assets
2.99581
4
iShares € High Yield CorpBd ETF EUR Dist
Sector
-
Country
Ireland
% of assets
2.389
5
Boost Newco Borrower LLC 8.5%
Sector
-
Country
United States
% of assets
1.43009
6
Federal National Mortgage Association 5.5%
Sector
-
Country
United States
% of assets
1.29618
7
ViaSat, Inc. 6.5%
Sector
-
Country
United States
% of assets
1.24273
8
Techem Verwaltungsgesellschaft 675 mbh 5.074%
Sector
-
Country
Germany
% of assets
1.19159
9
Nationwide Building Society 5.75%
Sector
-
Country
United Kingdom
% of assets
1.19134
10
BNP Paribas SA 2%
Sector
-
Country
France
% of assets
1.17609
Assets in top 10 holdings %

32.18%

Total no. of equity holdings

1.00

Total no. of bond holdings

271.00

Stock sectors

Ninety One Funds Series ii - Global Total Return Credit Fund I Inc-2 GBP
Global Flexible 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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