Fact sheet: Bradesco Brz Hard Cur Bds

Fund information
Fund name
Bradesco Brazilian Hard Currency Bonds R USD
Fund manager company
Bradesco Asset Management
Fund type
Offshore Fund
Fund manager
  • Bradesco Asset Managementsince 26/11/2010
Fund objective
The fund seeks to maximize medium term returns by investing primarily in Dolar-denominated Brazilian Corporate and Government bonds issued abroad. Investment approach based on robust credit research, market and macro monitoring and duration analysis.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
10.2%
1 Year rank in sector
97/229
Sector
FO Fixed Int - Emerging Markets
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.
1.91%
Fund size
£45m
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.
90
Top in this sector
Fund name1 Year
Ashmore EMHghYldCrDb29.7%
Gramercy Allct Emg Mket Debt29%
Pictet Lat Am Lcl Cur Dt28.3%
Capital Group EMLDtL27.6%
Ashburton India FxIn Opps27.1%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil84.3%
    Money Market13.5%
    Canada2.3%
  • BB36.7%
    BB+16.8%
    Money Market13.4%
    BBB-9.4%
    B+9.1%
  • Brazilian Fixed Interest84.3%
    Money Market13.5%
    Canadian Fixed Interest2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-0.4%4.4%10.2%-0.6%6.3%
Sector0.2%1.9%7.4%10.5%2%10.4%
Rank within sector211 / 244215 / 243196 / 23997 / 229146 / 19379 / 112
Quartile4th4th4th2nd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.5%20.1%-16.2%0.2%-4.9%
Sector5.5%10.2%-7.3%-0.6%-7%
Rank within sector185 / 24218 / 225189 / 209109 / 17741 / 132
Quartile4th1st4th3rd2nd
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.
-0.89
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.
1.01
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%.
9.17
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.
5.49
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.
0.65
Price movement
52 week high115.72
52 week low103.38
Current bid price-
Current offer price-
Current mid price113.89
Region
1Brazil84.27%
2Money Market13.45%
3Canada2.28%
Industry sector
1BB36.73%
2BB+16.77%
3Money Market13.41%
4BBB-9.36%
5B+9.12%
6Non-Rated7.5%
7BB-7.08%
8Others0.04%
Asset type
1Brazilian Fixed Interest84.27%
2Money Market13.45%
3Canadian Fixed Interest2.28%
Individual holdings
1BRAZIL(FEDERATIVE REPUBLIC OF) 2.625% BDS 05/01/23 USD10008.79%
2BRAZIL(FEDERATIVE REPUBLIC OF) 4.875% NTS 22/01/21 USD10006.82%
3BRAZIL(FEDERATIVE REPUBLIC OF) 4.25% BDS 07/01/25 USD10005.12%
4ITAU UNIBANCO HLDG SA 5.125% NTS 13/05/23 USD1000 REG S4.01%
5VALE OVERSEAS LTD 4.375% BDS 11/01/22 USD10004%
6BRF SA 4.75% NTS 22/05/24 USD10003.87%
7CENTRAIS ELETRICAS BRAS-ELETROBRAS 5.75% BDS 27/10/21 USD1000 REG S3.81%
8CAIXA ECONOMICA FEDERAL 3.5% BDS 07/11/22 USD1000 REG S3.66%
9PETROBRAS INTERNATIONAL FINANCE CO 5.375% BDS 27/01/21 USD10003.65%
Management
Fund manager group
No data available.
Fund manager company
Bradesco Asset Management
Fund type
Offshore Fund
Fund objective
The fund seeks to maximize medium term returns by investing primarily in Dolar-denominated Brazilian Corporate and Government bonds issued abroad. Investment approach based on robust credit research, market and macro monitoring and duration analysis.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Fund manager
NameSinceBiography
Bradesco Asset Management26/11/2010BRAM was created in 2001 from the consolidation of Bradesco’s asset management divisions and Bradesco-owned asset managers, bringing together over 40 years of expertise in the Latin America market. BRAM has an excess of US$160 billion of assets under management from Brazilian, Asian and American retail, private, corporate and institutional clients. BRAM has strong investment capability in fixed income and equities. BRAM is a wholly owned subsidiary of Banco Bradesco, Brazil’s largest privately owned-bank.
Compliance
Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Spain, France, United Kingdom, Italy, Luxembourg, Offshore, Peru, Portugal
Bradesco Brazilian Hard Currency Bonds I USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price118.6531
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code049D
Bradesco Brazilian Hard Currency Bonds R EUR
Initial charge-
Annual charge1.35%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)1.88%
Bid price-
Offer price-
Mid price136.1009
CurrencyEUR
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code049F
Bradesco Brazilian Hard Currency Bonds R EUR USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.679
CurrencyUSD
Price updated14/12/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05Z4
Bradesco Brazilian Hard Currency Bonds R GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.5818
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJCKR
Bradesco Brazilian Hard Currency Bonds R GBP USD
Initial charge-
Annual charge1.35%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price160.4071
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJCKQ
Bradesco Brazilian Hard Currency Bonds R JPY
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 price9903.4201
CurrencyJPY
Price updated07/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJCKS
Bradesco Brazilian Hard Currency Bonds R JPY 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 price96.0285
CurrencyUSD
Price updated07/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJCKT
Bradesco Brazilian Hard Currency Bonds R USD
Initial charge-
Annual charge1.35%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price113.8906
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code049E
Data provided by

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