Fact sheet: BL Global Flexible USD

Fund information
Fund name
BL Global Flexible USD BR
Fund manager company
Banque de Luxembourg
Fund type
Offshore Fund
Fund manager
  • Luc Baulersince 14/01/2011
Fund objective
Seeking a medium-term return exceeding a bond investment in dollars.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
3.5%
1 Year rank in sector
123/155
Sector
FO Mixed Asset - Flexible
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.
1.74%
Fund size
£112m (£145m 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.
85
Top in this sector
Fund name1 Year
Smith & Williamson Md-OcnWdInv29.3%
HSBC Pfl World Seltn 425.4%
Investec EmrgMktsMA25.2%
GaveKal Asian Opp UCITS24.2%
SEB 2 Generation 8022.2%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities57.1%
    Hedge31.6%
    Money Market7.7%
    Fixed Interest3.6%
  • International Equities57.1%
    Hedge31.6%
    Money Market7.7%
    Global Fixed Interest3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%5.7%5%3.5%10.6%-
Sector1%2.5%3.7%7.1%11.6%23%
Rank within sector30 / 1677 / 16855 / 164123 / 15554 / 100-
Quartile1st1st2nd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund7.8%-0.9%1.1%3.2%-
Sector3.5%3.4%-0.1%5%6.8%
Rank within sector8 / 168120 / 14152 / 11670 / 97-
Quartile1st4th2nd3rd
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.
-0.34
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.
0.83
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%.
5.26
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.
3.45
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.
-0.28
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.
0.6
Price movement
52 week high114.47
52 week low105.29
Current bid price-
Current offer price-
Current mid price114.67
Region
No data available.
Industry sector
1Equities57.1%
2Hedge31.6%
3Money Market7.67%
4Fixed Interest3.64%
Asset type
1International Equities57.1%
2Hedge31.6%
3Money Market7.67%
4Global Fixed Interest3.64%
Individual holdings
1MICROSOFT CORP3.23%
2VISA INC2.78%
3MONDELEZ INTL INC2.69%
4CONSTELLATION BRANDS INC2.53%
5MEDTRONIC INC2.52%
Management
Fund manager group
No data available.
Fund manager company
Banque de Luxembourg
Fund type
Offshore Fund
Fund objective
Seeking a medium-term return exceeding a bond investment in dollars.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Fund manager
NameSinceBiography
Luc Bauler14/01/2011Luc joined Banque de Luxembourg in 1996 as a bond trader, before moving into managing bond portfolios. Since 2005, he has been in charge of US equity investments for the Bank's funds range. Luc has a degree in Economics and Business Management from the Université Louis Pasteur in Strasbourg, France.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
BL Global Flexible USD A
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price113.28
CurrencyUSD
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBMXU
BL Global Flexible USD AM
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.94
CurrencyUSD
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC3FL
BL Global Flexible USD AR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.47
CurrencyUSD
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBMXV
BL Global Flexible USD B
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.28%
Bid price-
Offer price-
Mid price120.87
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0H1T
BL Global Flexible USD BI
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1092.95
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3FM
BL Global Flexible USD BR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price114.67
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMXW
BL Global Flexible USD Bm
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.05
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC3FN
Data provided by

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