Fact sheet: Aviva Investors Eurp Corp Bd

Fund information
Fund name
Aviva Investors European Corporate Bond I EUR
Fund manager company
Aviva Investors Luxembourg SA
Fund type
Offshore Fund
Fund managers
  • Colin Purdiesince 01/02/2013
Fund objective
The objective of the Fund is to earn income and increase the value of the Shareholder's investment over time.
Benchmark
  • iBoxx Euro Corporate Bond Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
29/46
Sector
FO Fixed Int - EUR Corporate Bond
Yield
-
Fund size
£72m (£74m 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.
62
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX28.6%
Schroder ISF €Cp Bd8.7%
JI High Grade Corporate Bonds CL7.9%
T. Rowe Price Euro Corp Bd7.4%
Vontobel €CorpBdMidYd7.4%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Others19.1%
    USA18.1%
    France14.7%
    Germany12.1%
    Netherlands9.4%
  • Financials38.1%
    Government Bonds15.7%
    Utilities11.9%
    Consumer Goods10.4%
    Telecommunications9.6%
  • Global Fixed Interest19.1%
    US Fixed Interest18.1%
    French Fixed Interest14.7%
    German Fixed Interest12.1%
    Dutch Fixed Interest9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%2.1%3.3%6.2%15.2%37%
Sector-0.1%2.6%4%6.4%13.4%31.4%
Rank within sector19 / 4738 / 4732 / 4729 / 4611 / 4311 / 36
Quartile2nd4th3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.1%0.2%8%2.9%14.9%
Sector5.8%-1%6.9%2.2%13.3%
Rank within sector31 / 466 / 4614 / 4415 / 4112 / 36
Quartile3rd1st2nd2nd2nd
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.
1.1
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.
0.87
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.
0.62
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%.
2.61
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.
0.8
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.
0.67
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.
0.92
Price movement
52 week high188.57
52 week low176.08
Current bid price-
Current offer price-
Current mid price187.8
Region
1Others19.08%
2USA18.11%
3France14.66%
4Germany12.07%
5Netherlands9.37%
6UK8.86%
7Italy6.62%
8Mexico3.34%
9Sweden3.21%
Industry sector
1Financials38.05%
2Government Bonds15.66%
3Utilities11.9%
4Consumer Goods10.43%
5Telecommunications9.57%
6Others7.82%
7Industrials6.57%
Asset type
1Global Fixed Interest19.08%
2US Fixed Interest18.11%
3French Fixed Interest14.66%
4German Fixed Interest12.07%
5Dutch Fixed Interest9.37%
6UK Fixed Interest8.86%
7Italian Fixed Interest6.62%
8Mexican Fixed Interest3.34%
9Swedish Fixed Interest3.21%
Individual holdings
1GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/25 EUR0.014.77%
2EUROPEAN INVESTMENT BANK 1.5% BDS 15/04/21 EUR10002.88%
3EDF 4.625% BDS 11/09/24 EUR500002.29%
4TREASURY 2 15/02/20252.08%
5GERMANY(FEDERAL REPUBLIC OF) 2.5% NTS 15/08/46 EUR11.96%
6MORGAN STANLEY 1.75% SNR REG NTS 30/01/25 EUR10001.91%
7SVENSKA HANDELSBANKEN 2.25% MTN 27/08/20 EUR1000001.79%
8NXP BV/NXP FDG LLC 3.875% BDS 01/09/22 USD2000001.75%
9VERIZON COMMUNICATIONS INC 1.625% BDS 01/03/24 EUR1000001.68%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors Luxembourg SA
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to earn income and increase the value of the Shareholder's investment over time.
Benchmark
  • iBoxx Euro Corporate Bond Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Colin Purdie01/02/2013James Vokins joined Aviva Investors in September 2005. He initially joined Aviva Investors as a graduate within the finance department, spending the first nine months of his employment within compliance and business risk. In October 2006 he moved to the credit team as an investment analyst. He has had several short-term internships with JP Morgan in the debt capital markets bond/loan origination. He has also worked for ConocoPhillips as a desk assistant for the crude oil traders and for HSBC as a major projects analyst.James holds a BSc (Hons) in Business Administration, from University of Bath and the CFA Society of the UK, Investment Management Certificate. He has also passed the CFA.
Compliance
Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden, Taiwan - Province Of China
Aviva Investors European Corporate Bond A EUR
Initial charge5%
Annual charge0.9%
Min single investment£2,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price13.8555
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN996
Aviva Investors European Corporate Bond B EUR
Initial charge5%
Annual charge0.9%
Min single investment£2,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price3.5851
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePB29
Aviva Investors European Corporate Bond Ba EUR
Initial charge5%
Annual charge0.9%
Min single investment£2,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price1.8928
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKO53
Aviva Investors European Corporate Bond I EUR
Initial charge5%
Annual charge0.45%
Min single investment£500,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price187.7998
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKO18
Aviva Investors European Corporate Bond Z EUR
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1367.8519
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03JV
Data provided by

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