Fact sheet: Algebris Fin Credit

Fund information
Fund name
Algebris Financial Credit Z Acc EUR
Fund manager company
Algebris Investments (UK) LLP
Fund type
No data available.
Fund manager
No data available.
Fund objective
The Algebris Financial Credit Fund aims to achieve a high level of current income and modest capital appreciation by investing in senior and subordinated debt securities of the financial credit sector globally including hybrid capital instruments, preference shares and contingent convertible bonds (CoCos) with fixed and variable interest rates, which may be rated investment grade or below investment grade.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
12.3%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
-
Fund size
£3,200m (£3,200m last year)
Top in this sector
Fund name1 Year
LM WAHiYcrEn40%
Capital Group GHIOL34.4%
Dodge & Cox Global Bond25.8%
HSBC GIF Gbl AsBk Bd21.3%
CG Real Return18.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • UK21%
    Money Market15%
    Italy14%
    Spain14%
    France13%
  • No data available.
  • UK Fixed Interest21%
    Money Market15%
    Italian Fixed Interest14%
    Spanish Fixed Interest14%
    French Fixed Interest13%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%3.2%6.4%12.3%21.5%-
Sector0%1.2%-0.5%3.9%6%11.5%
Rank within sector58 / 32822 / 3218 / 309---
Quartile1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.3%----
Sector1.2%4.6%-1.6%3.7%-1.6%
Rank within sector24 / 321----
Quartile1st
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.
4.42
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.
1.06
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.
0.55
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%.
5.55
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.
4.68
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.
0.95
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.
0.28
Price movement
52 week high105.91
52 week low98.52
Current bid price-
Current offer price-
Current mid price105.91
Region
1UK21%
2Money Market15%
3Italy14%
4Spain14%
5France13%
6Switzerland12%
7Netherlands4%
8Germany3%
9USA3%
Industry sector
No data available.
Asset type
1UK Fixed Interest21%
2Money Market15%
3Italian Fixed Interest14%
4Spanish Fixed Interest14%
5French Fixed Interest13%
6Swiss Fixed Interest12%
7Dutch Fixed Interest4%
8German Fixed Interest3%
9US Fixed Interest3%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Algebris Investments (UK) LLP
Fund type
No data available.
Fund objective
The Algebris Financial Credit Fund aims to achieve a high level of current income and modest capital appreciation by investing in senior and subordinated debt securities of the financial credit sector globally including hybrid capital instruments, preference shares and contingent convertible bonds (CoCos) with fixed and variable interest rates, which may be rated investment grade or below investment grade.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Ireland, Italy, Luxembourg, Offshore
Algebris Financial Credit I Acc CHF
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price141.54
CurrencyCHF
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIUP
Algebris Financial Credit I Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price146.5
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIUQ
Algebris Financial Credit I Acc GBP
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price117.95
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIUR
Algebris Financial Credit I Acc SGD
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIUT
Algebris Financial Credit I Acc USD
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price114.11
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIUU
Algebris Financial Credit ID Inc CHF
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIUV
Algebris Financial Credit ID Inc EUR
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price116.99
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIUW
Algebris Financial Credit ID Inc GBP
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price112.55
CurrencyGBP
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIUX
Algebris Financial Credit ID Inc SGD
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIUY
Algebris Financial Credit ID Inc USD
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price103.5
CurrencyUSD
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIUZ
Algebris Financial Credit M Acc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.24
CurrencyCHF
Price updated19/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNQ8P
Algebris Financial Credit M Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.77
CurrencyEUR
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNLGM
Algebris Financial Credit M Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.01
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC3XT
Algebris Financial Credit M Inc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.05
CurrencyCHF
Price updated23/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNLGL
Algebris Financial Credit R Acc CHF
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price109.65
CurrencyCHF
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIVA
Algebris Financial Credit R Acc EUR
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price130.46
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIVB
Algebris Financial Credit R Acc GBP
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.63
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIVC
Algebris Financial Credit R Acc SGD
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.99
CurrencySGD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIVD
Algebris Financial Credit R Acc USD
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price119.25
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIVE
Algebris Financial Credit RD Inc CHF
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.93
CurrencyCHF
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIVF
Algebris Financial Credit RD Inc EUR
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price107.66
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIVG
Algebris Financial Credit RD Inc GBP
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price102.59
CurrencyGBP
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIVH
Algebris Financial Credit RD Inc SGD
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.61
CurrencySGD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIVI
Algebris Financial Credit RD Inc USD
Initial charge3%
Annual charge1.2%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price101.68
CurrencyUSD
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNIVJ
Algebris Financial Credit W Acc CHF
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVK
Algebris Financial Credit W Acc EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price111.1
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVL
Algebris Financial Credit W Acc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
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 codeNIVM
Algebris Financial Credit W Acc SGD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVN
Algebris Financial Credit W Acc USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price112.96
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVO
Algebris Financial Credit WD Inc CHF
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIVP
Algebris Financial Credit WD Inc EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.03
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIVQ
Algebris Financial Credit WD Inc GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.07
CurrencyGBP
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIVR
Algebris Financial Credit WD Inc SGD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNJCA
Algebris Financial Credit WD Inc USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price103.47
CurrencyUSD
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIVS
Algebris Financial Credit XXL Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.4
CurrencyEUR
Price updated07/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNL9L
Algebris Financial Credit XXL Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.99
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNL9M
Algebris Financial Credit XXL Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.63
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNL9K
Algebris Financial Credit Z Acc CHF
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.28
CurrencyCHF
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVT
Algebris Financial Credit Z Acc EUR
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.91
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVU
Algebris Financial Credit Z Acc GBP
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.31
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVV
Algebris Financial Credit Z Acc SGD
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVW
Algebris Financial Credit Z Acc USD
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.2
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIVX
Algebris Financial Credit ZD Inc CHF
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIVY
Algebris Financial Credit ZD Inc EUR
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIVZ
Algebris Financial Credit ZD Inc GBP
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.24
CurrencyGBP
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIWA
Algebris Financial Credit ZD Inc SGD
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySGD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIWB
Algebris Financial Credit ZD Inc USD
Initial charge-
Annual charge0.79%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.52
CurrencyUSD
Price updated28/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNIWC
Data provided by

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