IE00BFM0NB44

Barings Global High Yield Bond Fund SGD-Hedged

  • Fixed income
  • High yield
  • Global
  • SGD Cash
  • Accumulating
Invest with
SGD Cash
Payout type
Accumulating
Risk rating
4
About this fund
Description
The Fund seeks to provide high current income generation and, where appropriate, capital appreciation by investing principally in a portfolio of high yield (i.e. sub-investment grade) fixed and floating rate corporate debt instruments, focusing prima...
Key information
Annual report
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Product Highlight Sheet
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Prospectus
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Information Memorandum
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Factsheet
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Our perspective
Why we think this fund is best-in-class
Product
Offers broad exposure to the global high yield bond market across the entire credit quality spectrum. Targets high current income and capital appreciation by investing in sub-investment grade fixed income instruments.
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People
Managed by an experienced five-person portfolio management team with an average of over 25 years of industry experience. Supported by a large, well-resourced credit research team that provides deep fundamental analysis. Benefits from the firm's broader special situations and restructuring capabilities, which provide the resource depth to confidently underwrite lower-rated credits.
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Performance
Targets consistent outperformance relative to the benchmark over the long term. Historical performance patterns suggest potential underperformance during risk-off periods due to higher exposure to lower-rated credits. Aims to capitalize on volatility to recalibrate exposures and capture upside during market recoveries.
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Process
Employs a rigorous bottom-up credit selection process as the primary driver of alpha generation. Maintains a structural willingness to hold lower-rated credits (CCC and below) where mispricing opportunities are often more prevalent.
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Cost
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
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How it fits in a portfolio
Serves as an active satellite allocation for investors seeking specific exposure to the global high yield market. Complements other high yield funds by providing differentiated exposure to lower-rated credits (CCC and below), an area often underweighted by peers. Provides a potential diversifying source of income for investors willing to accept credit and duration risk.
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Compare funds
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
24.28%
YTD
0.93%
1 month
0.43%
6 month
1.43%
1 year
4.56%
3 year
22.29%
5 year
14.15%
As of May 2026
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Yield
7.51%As of Feb 2025
Risk metrics
Max drawdown
-15.17%As of May 2026
Volatility
8.31%As of May 2026
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2026-0.7%0.0%-1.5%1.3%0.4%-------
20255.2%1.0%0.7%-1.2%-0.5%1.6%1.3%0.5%0.8%0.5%-0.1%0.1%0.5%
20246.9%0.6%0.4%0.9%-0.7%1.1%0.6%1.5%1.1%1.2%-0.4%1.0%-0.4%
202311.2%3.7%-0.6%0.7%0.6%-1.0%1.4%1.3%0.2%-0.9%-1.5%4.0%3.1%
2022-11.9%-2.1%-1.3%-0.5%-3.2%-1.3%-7.1%5.0%-1.1%-3.7%2.1%1.7%-0.6%
Top Exposures
1261229 Bc Ltd. 0.1% (2032-04-15 Maturity)1.44%
Barings USD Liquidity F USD Dis1.30%
BlackRock ICS USD Liquidity Core Inc1.11%
First Quantum Minerals Ltd. 0.06375% (2036-02-15 Maturity)1.02%
EchoStar Corp. 0.1075% (2029-11-30 Maturity)0.96%
Directv Financing LLC/Directv Financing Co-Obligor Inc. 0.05875% (2027-08-15 Maturity)0.96%
Time Warner Cable Enterprises LLC 0.08375% (2033-07-15 Maturity)0.95%
Team Health Holdings Inc. 0.135% (2028-06-30 Maturity)0.90%
Radiology Partners Inc. 0.09781% (2030-02-15 Maturity)0.82%
Carvana Co 0.09% (2031-06-01 Maturity)0.74%
Alpha Generation LLC 0.0675% (2032-10-15 Maturity)0.73%
CCO Holdings, LLC/ CCO Holdings Capital Corp. 0.05% (2028-02-01 Maturity)0.73%
Clydesdale Acquisition Holdings Inc. 0.0875% (2030-04-15 Maturity)0.72%
LifePoint Health, Inc 0.1% (2032-06-01 Maturity)0.71%
Northriver Midstream Finance LP 0.0675% (2032-07-15 Maturity)0.71%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.33%0.71% p.a.
Save 46%
Fund facts
ISIN
IE00BFM0NB44
Fund house
Barings
Fund size
S$6.3B
As of 29 May 2026
Fund inception date
27 Sep 2019
Fund class currency
SGD
Fund share class
G SGD Acc
Oldest share class ISIN
IE00B7L7J458
Oldest share inception date
14 Oct 2015
Pricing frequency
Daily

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