Fact sheet: Absolute Insight Cr

Fund information
Fund name
Absolute Insight Credit B2p2 GBP
Fund manager company
Insight Investment Management
Fund type
OEIC
Fund manager
  • Alex Veroudesince 01/06/2009
Fund objective
The investment objective of the Fund is to provide attractive, positive, absolute returns in all market conditions.
Benchmark
  • LIBID GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-4.1%
1 Year rank in sector
-
Sector
FO Absolute Return
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.16%
Fund size
£264m (£585m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
30
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • UK25.2%
    Ireland6.1%
    USA5.7%
    Spain3%
    Canada2.5%
  • Residential - Property22.1%
    Financials8.1%
    Other - Property7.9%
    Consumer Credit & Leasing7.4%
    Consumer Services7.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%0.1%0%-4.1%-1.2%20.2%
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-4.5%0.5%2.3%8%12.7%
Sector0.3%0.7%1.2%3.6%3.9%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-0.51
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.51
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
2.88
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
2.86
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.31
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.11
Price movement
52 week high1.28
52 week low1.2
Current bid price-
Current offer price-
Current mid price1.22
Region
1UK25.18%
2Ireland6.1%
3USA5.67%
4Spain2.98%
5Canada2.52%
6New Zealand2.11%
7Denmark1.94%
8Italy1.8%
9Austria1.73%
Industry sector
1Residential - Property22.05%
2Financials8.11%
3Other - Property7.87%
4Consumer Credit & Leasing7.44%
5Consumer Services7.12%
6Oil & Gas6.81%
7Telecommunications5.1%
8Basic Materials4.47%
9Health Care2.54%
Asset type
No data available.
Individual holdings
1INSIGHT ILF GBP LIQUIDITY C23.65%
2SWANCASTLE LTD SCAST2.4%
3DUNCAN FUNDING 2015-1 PLC FRN 17/04/63 GBP100000 A1B REG S2.18%
4DUKINFIELD II PLC VAR MTG BDS 20/12/52 GBP10001.87%
5LANSDOWNE MORTGAGE SECURITIES NO. 1 FRN M/BKD 15/06/45 EUR50000 `A2`1.79%
6ASB FINANCE LTD 1% NTS 07/09/20 GBP1000001.75%
7ING BANK NV FRN 27/11/17 GBP1000001.65%
8E-MAC DE 2006-II BV MEZZ CLS`B`M/BCK NTS 25/02/48EUR1.6%
9RSA INSURANCE GROUP PLC 6.701% PERP GTD SUB CAP SECS GBP500001.6%
Management
Fund manager group
Insight Invest Mgt (Gbl)
Fund manager company
Insight Investment Management
Fund type
OEIC
Fund objective
The investment objective of the Fund is to provide attractive, positive, absolute returns in all market conditions.
Benchmark
  • LIBID GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Alex Veroude01/06/2009Alex joined the Fixed Income Group at Insight in July 2007 as Head of Credit, overseeing all fixed income credit activities. He began his career at Gulf International Bank in 1997, initially as a high yield analyst before managing structured product portfolios. He then became Head of Structured Products and latterly Head of Credit. He holds a first class equivalent MSc in Quantitative Economics from Tilburg University in the Netherlands, is fluent in English, Dutch, German, Swedish and French and is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, United Kingdom, Guernsey, Ireland, Israel, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
Absolute Insight Credit AP EUR
Initial charge4%
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price1.0417
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFP1
Absolute Insight Credit AP GBP
Initial charge4%
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price1.3068
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFP0
Absolute Insight Credit AP USD
Initial charge4%
Annual charge1.5%
Min single investment£4,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price1.0684
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIS6
Absolute Insight Credit AP2 EUR
Initial charge-
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.924
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8KH
Absolute Insight Credit B1p EUR
Initial charge4%
Annual charge1%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price1.5556
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFP3
Absolute Insight Credit B1p GBP
Initial charge4%
Annual charge1%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price1.9916
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFP2
Absolute Insight Credit B1p USD
Initial charge4%
Annual charge1%
Min single investment£4,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price1.1361
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMVI1
Absolute Insight Credit B1p2 EUR
Initial charge4%
Annual charge1%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)3.08%
Bid price-
Offer price-
Mid price1.1881
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GIS
Absolute Insight Credit B1p2 GBP
Initial charge4%
Annual charge1%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)2.68%
Bid price-
Offer price-
Mid price1.2248
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0GIT
Absolute Insight Credit B1p2 USD
Initial charge4%
Annual charge1%
Min single investment£4,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)2.36%
Bid price-
Offer price-
Mid price1.2177
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GIU
Absolute Insight Credit B2p GBP
Initial charge-
Annual charge0.85%
Min single investment£15,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price2.0441
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFP4
Absolute Insight Credit B2p2 EUR
Initial charge-
Annual charge0.85%
Min single investment£15,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price1.1963
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GIV
Absolute Insight Credit B2p2 GBP
Initial charge-
Annual charge0.85%
Min single investment£15,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)2.84%
Bid price-
Offer price-
Mid price1.2247
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0GIW
Absolute Insight Credit B2p2 USD
Initial charge-
Annual charge0.85%
Min single investment£25,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price1.2286
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GIX
Absolute Insight Credit B4p EUR
Initial charge4%
Annual charge0.65%
Min single investment£250,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFP9
Absolute Insight Credit B4p GBP
Initial charge4%
Annual charge0.65%
Min single investment£250,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFP8
Absolute Insight Credit S EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price1.2689
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFQ3
Absolute Insight Credit S GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.17%
Bid price-
Offer price-
Mid price2.3165
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFQ2
Absolute Insight Credit S USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price1.3131
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GP1
Data provided by

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