Fact sheet: Carnegie Svensk Kort Ränta

Fund information
Fund name
Carnegie Svensk Kort Ränta 1A SEK
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund manager
  • Henning Hansensince 11/03/2002
Fund objective
We aim to achieve a stable return by investing in fixed and variable interest rate bonds (loans) with a short-term maturity (max. 1 year) issued by states and companies.
Benchmark
  • OMRX T-Bill
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
-0%
1 Year rank in sector
14/25
Sector
FO Currency - Other
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.
0.5%
Fund size
£1,016m
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.
63
Top in this sector
Fund name1 Year
Nomura C104.6%
Investec EmrgMktsSrtDrt3.2%
UBS (L)MnMk-AUD1.6%
JPM Liq AUD Liq1.5%
FF AusDoCa1.2%
...more in FO Currency - Other

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.2%-0%0.8%5.2%
Sector0%0.1%0%0.6%-0.1%1%
Rank within sector13 / 2413 / 258 / 2514 / 2510 / 246 / 24
Quartile3rd3rd2nd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund0.2%-0.6%0.8%1.4%2.9%
Sector0.3%-0.7%0.3%-0.4%1.5%
Rank within sector11 / 2517 / 258 / 246 / 244 / 24
Quartile2nd3rd2nd1st1st
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.
0.31
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.
0.07
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%.
0.34
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.
0.69
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.
0.38
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.
0.02
Price movement
52 week high137.42
52 week low136.89
Current bid price-
Current offer price-
Current mid price137.25
Region
1Europe85%
2Money Market15%
Industry sector
No data available.
Asset type
1European Fixed Interest85%
2Cash & Cash Equivalents15%
Individual holdings
1STADSHYPOTEK13.6%
2SPINTAB11.4%
3DEUTSCHE BAHN FINANCE B.V. FRN 04/02/21 SEK100000010.6%
4FORTUM OYJ9.5%
5SWEDBANK AB5.9%
6JYSKE BANK AS5.6%
7RODAMCO SVERIGE AB5.4%
8MALMÖ KOMMUN5.1%
9VOLVO TREASURY AB 5.1%
Management
Fund manager group
Carnegie Asset Management
Fund manager company
Carnegie Asset Management
Fund type
No data available.
Fund objective
We aim to achieve a stable return by investing in fixed and variable interest rate bonds (loans) with a short-term maturity (max. 1 year) issued by states and companies.
Benchmark
  • OMRX T-Bill
Investment style
None
Investment method
Short Dated Bonds
Fund manager
NameSinceBiography
Henning Hansen11/03/2002Henning Hansen (1961), har en ekon.mag från Handelshögskolan i Århus. Han har arbetat med portföljförvaltning, allokering och finansiell riskhantering i Sverige, Danmark och Luxemburg sedan 1986, och kom till Carnegie Asset Management 1995. Henning arbetar främst med förvaltning av internationella ränteportföljer och allokering.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, Finland, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden
Carnegie Svensk Kort Ränta 1A SEK
Initial charge1%
Annual charge0.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.25
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH912
Carnegie Svensk Kort Ränta 5A
Initial charge1%
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138.61
CurrencySEK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI03Z
Carnegie Svensk Kort Ränta 5B
Initial charge1%
Annual charge0.5%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.69
CurrencySEK
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0MGT
Data provided by

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