Fact sheet: Carmignac Ptf Gbl Bd

Fund information
Fund name
Carmignac Portfolio Global Bond F GBP Acc Hdg
Fund manager company
Carmignac Gestion
Fund type
Offshore Fund
Fund managers
  • Charles Zerahsince 01/03/2010
Fund objective
The sub-fund aims to outperform its reference indicator over a period exceeding two years, using an active, discretionary investment strategy based on strategic and tactical positions as well as arbitrage on all international fixed income and currency markets.
Benchmark
  • JP Morgan GGB (Eur)
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
9%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
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.
0.8%
Fund size
£710m (£1,013m 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.
40
Top in this sector
Fund name1 Year
Capital Group GHIOL34.5%
Dodge & Cox Global Bond27.5%
Russell Gbl Bd27.2%
La Mondiale Global Bond26.9%
Aberdeen Global II GlGovtBd26.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • North America45.5%
    Europe32.8%
    Latin America17%
    Asia3.1%
    Asia Pacific0.7%
  • Financials64%
    Energy31.2%
    Consumer Discretionary4.8%
  • Global Fixed Interest78.3%
    Money Market21.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%2.1%6.7%9%34.1%31.9%
Sector0%2%4.4%6.2%8.6%17.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund9%4%14.4%-3.9%3.4%
Sector6.4%-1.6%3.7%-1.6%8.2%
Rank within sector-----
Quartile
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.
6.32
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.
0.93
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.
0.8
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%.
7
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.
6.53
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.
0.9
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.
0.12
Price movement
52 week high135.75
52 week low122.93
Current bid price-
Current offer price-
Current mid price135.75
Region
1North America45.53%
2Europe32.81%
3Latin America16.96%
4Asia3.05%
5Asia Pacific0.72%
6Middle East0.54%
7Eastern Europe0.39%
Industry sector
1Financials64%
2Energy31.21%
3Consumer Discretionary4.79%
Asset type
1Global Fixed Interest78.33%
2Money Market21.67%
Individual holdings
1US 0.5% NOTE 30/09/201612.64%
2USA 0.625% 15/12/20169.23%
3UNITED STATES OF AMER TREAS NOTES 0.5% NTS 30/11/16 USD1006.32%
4UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/26 USD1005.34%
5KDRE 2007-1 A33.84%
6GREECE(REPUBLIC OF) 4.75% BDS 17/04/19 EUR10003.27%
7MEXICO(UNITED MEXICAN STATES) 4.5% BDS 04/12/25 MXV1002.71%
8INDONESIA(REPUBLIC OF) 2.625% MTN 14/06/23 EUR100000 REG S2.39%
9BRAZIL(FEDERATIVE REPUBLIC OF) 6% BDS 15/08/50 BRL10002.34%
Management
Fund manager group
Carmignac Gestion
Fund manager company
Carmignac Gestion
Fund type
Offshore Fund
Fund objective
The sub-fund aims to outperform its reference indicator over a period exceeding two years, using an active, discretionary investment strategy based on strategic and tactical positions as well as arbitrage on all international fixed income and currency markets.
Benchmark
  • JP Morgan GGB (Eur)
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Charles Zerah01/03/2010Charles Zerah, 36, holds a Master's degree in Banking and Finance and a DESS postgraduate diploma in Finance with a major in Financial Markets, from the University of Paris II Pantheon Assas. Charles Zerah began his career at Axa Investment Managers where he was involved in the creation of the Emerging Bond Market activity, from 1995 to 1999. He joined Credit Lyonnais Asset Management in 1999 as a Senior Manager for the emerging bond market asset class. Following the merger of CLAM with Credit Agricole Asset Management, Charles Zerah joined the international bond management team led by Bruno Crastes in London, where he took over responsibility for the overall of emerging bond markets management.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Carmignac Portfolio Global Bond A CHF Acc Hdg
Initial charge4%
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price112.45
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM0Q
Carmignac Portfolio Global Bond A CHF Inc Hdg
Initial charge4%
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.87
CurrencyCHF
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE2QA
Carmignac Portfolio Global Bond A EUR Acc
Initial charge4%
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price1381.88
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC2R7
Carmignac Portfolio Global Bond A EUR Inc
Initial charge4%
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.44
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE2QB
Carmignac Portfolio Global Bond A EUR YDis
Initial charge4%
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price103.73
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGM0S
Carmignac Portfolio Global Bond A USD Acc Hdg
Initial charge4%
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price114.54
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM0R
Carmignac Portfolio Global Bond E EUR Acc
Initial charge-
Annual charge1.4%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.45
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2PZ
Carmignac Portfolio Global Bond E USD Acc Hdg
Initial charge-
Annual charge1.4%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price127.54
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWKW
Carmignac Portfolio Global Bond E USD Inc Hdg
Initial charge-
Annual charge1.4%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price116.66
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJWKX
Carmignac Portfolio Global Bond F CHF Acc Hdg
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)1.45%
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price125.95
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWKY
Carmignac Portfolio Global Bond F EUR Acc
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price129
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWKZ
Carmignac Portfolio Global Bond F GBP Acc
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price131.98
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWLA
Carmignac Portfolio Global Bond F GBP Acc Hdg
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price135.75
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0I6
Carmignac Portfolio Global Bond F GBP QDis Hdg
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price104.05
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGM0T
Carmignac Portfolio Global Bond F USD Acc Hdg
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price129.79
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWLB
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.