Fact sheet: BNY Mellon Abs Rtn Bd

Fund information
Fund name
BNY Mellon Absolute Return Bond R EUR
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund managers
  • Andrew Wickhamsince 09/03/2012
  • Peter Bentleysince 09/03/2012
Fund objective
A total return comprised of long-term capital growth and income by investing in bonds and similar debt investments.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
0.9%
1 Year rank in sector
49/132
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.
1.09%
Fund size
£2,083m (£1,930m 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.
19
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd17.9%
Polar Capital UK Abs Eq10.3%
SW Mitchell Emerging European9.6%
Orbis Optimal SA9.4%
Orbis Optimal USD9.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.3%1%0.9%2%-
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector31 / 14150 / 14154 / 13849 / 13237 / 83-
Quartile1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund1.1%0.6%0.2%2.4%-
Sector0.1%0.7%1.2%3.6%3.9%
Rank within sector52 / 13245 / 11554 / 8841 / 71-
Quartile2nd2nd3rd3rd
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.
0.01
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.
0.64
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%.
2.17
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.
1.95
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.
-0.19
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 high105.17
52 week low101.14
Current bid price-
Current offer price-
Current mid price105.01
Region
1Money Market171.6%
2USA19.7%
3Netherlands8.8%
4France8.1%
5Not Specified6.2%
6Switzerland3.8%
7Spain3%
8Ireland2.1%
9Canada1.7%
Industry sector
1A1%
2BBB0.8%
3AA0.1%
4BB0.1%
Asset type
No data available.
Individual holdings
1LONG GILT FUTURE DEC1647.58%
2US 10YR NOTE (CBT) DEC201627.06%
3EURO-BUND FUTURE DEC1624.07%
4EURO-BTP FUTURE DEC1614.78%
5ITALY 2.7% 03/01/47-2.89%
6US TSY I/ 1.38% 15/44 IFL-5.88%
7INSIGHT GFII-EMRG MKTS DB-8.07%
8 US TSY I/ 0.75% 15/45 IFL-14.25%
9US Ultra Bond Cbt Dec16-17.34%
Management
Fund manager group
BNY Mellon
Fund manager company
BNY Mellon Investment Manageme
Fund type
No data available.
Fund objective
A total return comprised of long-term capital growth and income by investing in bonds and similar debt investments.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Andrew Wickham09/03/2012Andrew joined the fixed income team at Insight in October 2003 as a Co-Head of UK Fixed Income, focusing particularly on government portfolio management. In December 2005, he was appointed Head of UK Fixed Income. Andrew worked at Schroders for the previous eight years, developing an extensive understanding of fixed income portfolio management and rising to become Head of Sterling Fixed Income. He joined the fixed income area of Schroders in 1995 and at the end of 2002 he was appointed Head of Sterling Fixed Income. Andrew holds a BSc honours degree and MEng in Electrical Engineering from the University of Bath and is an Associate of the CFA Society of the UK.
Peter Bentley09/03/2012Peter joined Insight in January 2008 as Head of UK Credit. Prior to joining Insight, Peter spent four years at Pimco Europe where he was a Senior Vice President portfolio manager responsible for the management and strategy of credit funds. Peter holds a BA honours in Economics and Econometrics from Nottingham University and is an Associate of the CFA Society of the UK.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Guernsey, Ireland, Italy, Jersey, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
BNY Mellon Absolute Return Bond C Acc EUR
Initial charge5%
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.2925
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeID6W
BNY Mellon Absolute Return Bond C Inc EUR
Initial charge5%
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.6884
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeID6X
BNY Mellon Absolute Return Bond I Hedged Acc GBP
Initial charge5%
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.2073
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJWHX
BNY Mellon Absolute Return Bond I Hedged Acc USD
Initial charge5%
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.1409
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKHWF
BNY Mellon Absolute Return Bond Inst S Inc EUR
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.1795
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI80I
BNY Mellon Absolute Return Bond R EUR
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.0051
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGY1E
BNY Mellon Absolute Return Bond R Hedged USD
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.8034
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJKAY
BNY Mellon Absolute Return Bond R Inc EUR
Initial charge5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.7521
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGY1F
BNY Mellon Absolute Return Bond S Acc EUR
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.2156
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG1OZ
BNY Mellon Absolute Return Bond T Hedged CHF
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.1458
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE54V
BNY Mellon Absolute Return Bond T Hedged GBP
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.3308
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG3EA
BNY Mellon Absolute Return Bond T Hedged USD
Initial charge5%
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.751
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG3DZ
BNY Mellon Absolute Return Bond W Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.0546
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNGMG
BNY Mellon Absolute Return Bond W Hedged Acc
Initial charge5%
Annual charge0.75%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.7924
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM65S
BNY Mellon Absolute Return Bond W Hedged Inc
Initial charge5%
Annual charge0.75%
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.5833
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM65T
BNY Mellon Absolute Return Bond W Hedged Inc 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 price100.5161
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNNRD
BNY Mellon Absolute Return Bond X EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.9687
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YTS
BNY Mellon Absolute Return Bond X Hedged GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.7909
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YTT
BNY Mellon Absolute Return Bond Z Acc EUR
Initial charge5%
Annual charge0.65%
Min single investment£200,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.4894
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNJJI
Data provided by

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