Fact sheet: DB Platinum IVSvgOpt2034

Fund information
Fund name
DB Platinum IV Sovereign Optima 2034 I2D-E EUR
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund manager
  • State Street Global Advisorssince 21/12/2011
Fund objective
The DB Platinum IV Sovereign Optima 2034 (the "Fund") is an open-ended UCITS compliant fund that aims to outperform, on an expected yield basis, the Germany Bund 4.75% 2034 over the lifetime of the Fund. In order to achieve this objective, the Fund Management Company (DBPA) appointed Deutsche Asset Management International GmbH as the Portfolio Advisor in respect of a notional dynamic portfolio of high grade bonds or debt securities (the Reference Assets) and asset swap transaction(s) on such bonds or debt securities. Both (i) and (ii) hereafter compose the "Active Portfolio". The Portfolio Advisor advises as to which constituents shall comprise the Active Portfolio from time to time. The Portfolio Advisor is expected to rely on a rule-based strategy sponsored by Deutsche Bank (the Sovereign Optima Strategy) to select the Active Portfolio constituents. The Fund provides the notional exposure to the Active Portfolio via OTC derivatives with Deutsche Bank, which are collateralised with high grade sovereign bonds. The Fund offers different share classes, denominated in different currencies, that capitalise or distribute dividends according to fixed or floating rates.
Benchmark
  • MSCI Daily TR NET World
Investment style
Active
Investment method
Spots/Forwards/Swaps
Quick stats
1 Year return
12.4%
1 Year rank in sector
18/287
Sector
FO Fixed Int - Global
Yield
-
Fund size
£143m (£127m 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.
93
Top in this sector
Fund name1 Year
Capital Group GHIOL32%
Aberdeen Global II GlGovtBd27.9%
Russell Gbl Bd27.7%
Dodge & Cox Global Bond26.9%
Baring Intl Bd26.7%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%4.7%3.8%12.4%38.4%-
Sector-0.4%2.2%3.9%5.1%8.3%16%
Rank within sector291 / 30436 / 302151 / 30018 / 2873 / 227-
Quartile4th1st3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund14.3%-4.5%24.5%-8%14.3%
Sector5.9%-1.6%3.7%-1.6%8.2%
Rank within sector17 / 296226 / 2762 / 237191 / 20426 / 170
Quartile1st4th1st4th1st
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.
6.49
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.
1.72
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.
0.88
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%.
9.32
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.
8.37
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.
1
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.
0.23
Price movement
52 week high146901.28
52 week low124698.58
Current bid price-
Current offer price-
Current mid price142807.1
Region
1International100%
Industry sector
1AAA51.83%
2AA+48.17%
Asset type
1Global Fixed Interest100%
Individual holdings
1EIB 5.625%/00-07.06.203226%
2UKRAIL 4.375 09/12/203024.09%
3UK GILT 4.5% 07/09/203422.59%
4KFW (reg. -S-) 5.75%/01-07.06.203215.07%
5EUROPEAN UNION 3.375% MTN 04/04/38 EUR100010.75%
6UKRAIL 1.75 22/11/20271.5%
Management
Fund manager group
DWS Investment
Fund manager company
Deutsche Asset Management SA
Fund type
No data available.
Fund objective
The DB Platinum IV Sovereign Optima 2034 (the "Fund") is an open-ended UCITS compliant fund that aims to outperform, on an expected yield basis, the Germany Bund 4.75% 2034 over the lifetime of the Fund. In order to achieve this objective, the Fund Management Company (DBPA) appointed Deutsche Asset Management International GmbH as the Portfolio Advisor in respect of a notional dynamic portfolio of high grade bonds or debt securities (the Reference Assets) and asset swap transaction(s) on such bonds or debt securities. Both (i) and (ii) hereafter compose the "Active Portfolio". The Portfolio Advisor advises as to which constituents shall comprise the Active Portfolio from time to time. The Portfolio Advisor is expected to rely on a rule-based strategy sponsored by Deutsche Bank (the Sovereign Optima Strategy) to select the Active Portfolio constituents. The Fund provides the notional exposure to the Active Portfolio via OTC derivatives with Deutsche Bank, which are collateralised with high grade sovereign bonds. The Fund offers different share classes, denominated in different currencies, that capitalise or distribute dividends according to fixed or floating rates.
Benchmark
  • MSCI Daily TR NET World
Investment style
Active
Investment method
Spots/Forwards/Swaps
Fund manager
NameSinceBiography
State Street Global Advisors21/12/2011State Street Global Advisors (SSgA), one of the industry's largest institutional asset managers, is the investment management arm of State Street Bank and Trust Company, a wholly owned subsidiary of State Street Corporation, a leading provider of financial services to institutional investors.They employ a diverse group of investment professionals within our 26 worldwide locations and 10 investment centers. As an organization, they are committed to corporate social responsibility. Active engagement with our communities around the world, both as a partner and a leader, is a fundamental value at State Street.
Compliance
Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, United Kingdom, Italy, Luxembourg, Offshore
DB Platinum IV Sovereign Optima 2034 I1D-S SEK
Initial charge7%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price112896.05
CurrencySEK
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code12G8
DB Platinum IV Sovereign Optima 2034 I1D-S SEK EUR
Initial charge7%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price11778.99
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF6EB
DB Platinum IV Sovereign Optima 2034 I2D-E EUR
Initial charge7%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price142807.1
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code12G7
Data provided by

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