Fact sheet: Deutsche Inv I Gbl Bds

Fund information
Fund name
Deutsche Invest I Global Bonds NC
Fund manager company
Deutsche Asset Management SA
Fund type
Offshore Fund
Fund managers
  • Deutsche Asset Management (UK) Limitedsince 29/11/2013
Fund objective
Globally investing fixed-income fund. The Fund invests in government bonds, bonds from near-government issuers and covered bonds. It may also invest in corporate bonds, financials, subordinated bonds and emerging market bonds, among other segments. Active duration and maturity management.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
73/128
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.
0.96%
Fund size
£1,049m (£1,083m 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.
7
Top in this sector
Fund name1 Year
SW Mitchell Emerging European20%
Pioneer SICV-AbsRetBd15%
Polar Capital UK Abs Eq14.3%
BlackRock SFAmDfEAbslRn13.4%
Orbis Optimal SA11%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA29.4%
    Others13.4%
    UK11.1%
    Mexico7.6%
    Australia7.2%
  • Government Bonds32.1%
    Corporate Bonds28.2%
    Financials21.4%
    Asset/Mortgage-Backed Securities8.8%
    Cash Funds3.6%
  • Global Corporate Fixed Interest29.5%
    Global Government Fixed Interest26.8%
    Others22.6%
    Global Emerging Market Corporate Fixed Interest7.5%
    Money Market6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%0.1%0.5%---
Sector0.1%1.4%1.6%0.5%3.9%10.9%
Rank within sector106 / 139104 / 13792 / 13573 / 128--
Quartile4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%-1.5%---
Sector0.6%0.7%1.2%3.6%3.9%
Rank within sector71 / 13277 / 116---
Quartile3rd3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high100.2
52 week low98.63
Current bid price99.91
Current offer price101.44
Current mid price-
Region
1USA29.4%
2Others13.4%
3UK11.1%
4Mexico7.6%
5Australia7.2%
6Japan6.6%
7Germany6.5%
8Netherlands5.8%
9France3.4%
Industry sector
1Government Bonds32.1%
2Corporate Bonds28.2%
3Financials21.4%
4Asset/Mortgage-Backed Securities8.8%
5Cash Funds3.6%
6Money Market2.4%
7Mortgage & Secured Bonds2.3%
8Mutual Funds1.2%
Asset type
1Global Corporate Fixed Interest29.5%
2Global Government Fixed Interest26.8%
3Others22.6%
4Global Emerging Market Corporate Fixed Interest7.5%
5Money Market6%
6Global Emerging Market Government Fixed Interest5.3%
7Global Fixed Interest2.3%
Individual holdings
1JAPAN(GOVERNMENT OF) 0.1% NTS 15/07/17 JPY10006%
2UK TREASURY 1% 09/07/2017 3.1%
3AUSTRALIA(COMMONWEALTH OF) 4.25% BDS 21/04/26 AUD10003%
4NEW ZEALAND(GOVERNMENT OF) 6% BDS 15/05/21 NZD10003%
5UNITED STATES OF AMER TREAS NOTES FXD RT NTS 15/05/26 USD1002.7%
6GERMAN POSTAL PENSIONS SECURITSTN 2 4.25% NTS 18/01/17 EUR50000 `REGS``B`2%
7MEXICO(UNITED MEXICAN STATES) 10% BDS 05/12/24 MXN1002%
8QUEENSLAND TREASURY 4.25%/12-21.07.20232%
9US TREASURY N/B 0.625 11/30/20171.7%
Management
Fund manager group
DWS Investment
Fund manager company
Deutsche Asset Management SA
Fund type
Offshore Fund
Fund objective
Globally investing fixed-income fund. The Fund invests in government bonds, bonds from near-government issuers and covered bonds. It may also invest in corporate bonds, financials, subordinated bonds and emerging market bonds, among other segments. Active duration and maturity management.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Deutsche Asset Management (UK) Limited29/11/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Deutsche Invest I Global Bonds CHF ICH (P)
Initial charge-
Annual charge0.35%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)0.44%
Bid price99.6
Offer price99.6
Mid price-
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMWS
Deutsche Invest I Global Bonds FCH
Initial charge-
Annual charge0.5%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.42%
Total expense ratio (TER)0.56%
Bid price114.62
Offer price114.62
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0MQO
Deutsche Invest I Global Bonds FCH CHF
Initial charge-
Annual charge0.5%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.44%
Bid price98.81
Offer price98.81
Mid price-
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFTTI
Deutsche Invest I Global Bonds FCH SEK
Initial charge-
Annual charge0.5%
Min single investment£4,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.17%
Bid price1011.55
Offer price1011.55
Mid price-
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE09W
Deutsche Invest I Global Bonds FD
Initial charge-
Annual charge0.5%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.49%
Bid price98.17
Offer price98.17
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSNF
Deutsche Invest I Global Bonds FDH CHF
Initial charge-
Annual charge0.5%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.44%
Bid price97.59
Offer price97.59
Mid price-
CurrencyCHF
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFTTJ
Deutsche Invest I Global Bonds GBP CH (P) RD
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price101.43
Offer price101.43
Mid price-
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWKF
Deutsche Invest I Global Bonds GBP DH RD
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)0.63%
Bid price99.77
Offer price99.77
Mid price-
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFLNY
Deutsche Invest I Global Bonds GBP IDH
Initial charge-
Annual charge0.35%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.43%
Bid price99.72
Offer price99.72
Mid price-
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKLH
Deutsche Invest I Global Bonds IC
Initial charge-
Annual charge0.35%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.38%
Bid price100.11
Offer price100.11
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFR8T
Deutsche Invest I Global Bonds ID
Initial charge-
Annual charge0.35%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.36%
Bid price98.1
Offer price98.1
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFS4J
Deutsche Invest I Global Bonds LCH
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)1.01%
Bid price101.19
Offer price104.32
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKDE
Deutsche Invest I Global Bonds LCH CHF
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.71%
Bid price98.29
Offer price101.33
Mid price-
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTTK
Deutsche Invest I Global Bonds LCH SEK
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.27%
Bid price1007.49
Offer price1038.65
Mid price-
CurrencySEK
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE09X
Deutsche Invest I Global Bonds LDH
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)1%
Bid price98.52
Offer price101.56
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHAV
Deutsche Invest I Global Bonds LDH CHF
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price97.32
Offer price100.33
Mid price-
CurrencyCHF
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTTL
Deutsche Invest I Global Bonds NC
Initial charge1.5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)1.5%
Bid price99.91
Offer price101.44
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFKDF
Deutsche Invest I Global Bonds PFC
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.73%
Bid price99.09
Offer price99.09
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK4R
Deutsche Invest I Global Bonds PFDQ
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.75%
Bid price97.1
Offer price97.1
Mid price-
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFK4S
Deutsche Invest I Global Bonds USD FCH
Initial charge-
Annual charge0.5%
Min single investment£400,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.63%
Bid price101.46
Offer price101.46
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPGX
Deutsche Invest I Global Bonds USD LCH (P)
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)1.04%
Bid price101.13
Offer price104.26
Mid price-
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMWT
Data provided by

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