Ninety One Global Total Return Credit Fund

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Ninety One Funds Series ii - Global Total Return Credit Fund K 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

86.64p

arrow-down-0.05p (-0.06%)

Fund Code

ICTKI

BF4JM34

GB00BF4JM344

Prices updated as at 02 Apr 2026
|
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 28/02/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.92
    Modified duration2.75

  • Credit quality breakdown

    Rating% of Bond
    AAA8.74
    AA5.32
    A5.27
    BBB26.71
    BB22.87
    B18.88
    Below B3.98
    Not Rated8.24

Valuation

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

-

-
2.20

-

-
0.19

-

-
1.49

-

-
10.15

Growth rate

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

-

-
13.25%

-

-
0.25%

-

-
46.80%

Top 10 holdings

1
5 Year Treasury Note Future June 26
Sector
-
Country
United States
% of assets
15.13167
2
Euro Bobl Future Mar 26
Sector
-
Country
Germany
% of assets
4.18965
3
iShares Broad $ HY Corp Bd ETF USD Dist
Sector
-
Country
Ireland
% of assets
3.45278
4
10 Year Treasury Note Future June 26
Sector
-
Country
United States
% of assets
2.25338
5
Xtrackers EUR HY Corp Bond ETF 1C
Sector
-
Country
Luxembourg
% of assets
2.09595
6
iShares € High Yield CorpBd ETF EUR Dist
Sector
-
Country
Ireland
% of assets
1.78261
7
Cogent Communications Group LLC / Cogent Finance Inc. 6.5%
Sector
-
Country
United States
% of assets
1.37704
8
Morgan Stanley Bank, National Association (Utah) 5.504%
Sector
-
Country
United States
% of assets
0.99301
9
EG Global Finance PLC 11%
Sector
-
Country
United Kingdom
% of assets
0.95965
10
Danske Bank A/S 2.25%
Sector
-
Country
Denmark
% of assets
0.95784
Assets in top 10 holdings %

33.19%

Total no. of equity holdings

1.00

Total no. of bond holdings

290.00

Stock sectors

Ninety One Funds Series ii - Global Total Return Credit Fund K 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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