Fact sheet: ECM Financials

Fund information
Fund name
ECM Financials I Acc EUR
Fund manager company
ECM Asset Management Ltd
Fund type
Offshore Fund
Fund manager
  • Satish Pullesince 14/10/2011
Fund objective
The investment objective of the Fund is to provide investors with superior returns over EURIBOR (after fees and expenses). It is intended that such a return be achieved through a combination of current income and capital appreciation by investing primarily in the debt and related products of financial sector issuers, including sub-investment grade instruments such as contingent capital securities.
Benchmark
  • EURIBOR 1 month
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
189/295
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.
0.7%
Fund size
£56m (£107m 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.
80
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond27.3%
HSBC GIF Gbl AsBk Bd24.3%
SKAGEN Tellus23.4%
Russell Gbl Bd23.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Others18.1%
    Netherlands16.5%
    UK16.1%
    France16%
    Austria6.8%
  • No data available.
  • Global Fixed Interest18.1%
    Dutch Fixed Interest16.5%
    UK Fixed Interest16.1%
    French Fixed Interest16%
    Austrian Fixed Interest6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.3%4.1%2%7.3%22.7%
Sector-1.6%-2.1%0.7%3.5%6.2%13.7%
Rank within sector11 / 31523 / 31239 / 306189 / 295112 / 23541 / 169
Quartile1st1st1st3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund2.3%-0.2%4.5%7%7.5%
Sector4.2%-1.6%3.7%-1.6%8.2%
Rank within sector197 / 298104 / 274112 / 2357 / 20684 / 171
Quartile3rd2nd2nd1st2nd
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.
1.11
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.
0.55
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%.
3.62
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.
3.51
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.
0.06
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.
0.18
Price movement
52 week high1207.61
52 week low1115.78
Current bid price-
Current offer price-
Current mid price1214.25
Region
1Others18.14%
2Netherlands16.48%
3UK16.12%
4France16.01%
5Austria6.82%
6Germany6.32%
7Switzerland6.21%
8Sweden5.8%
9Belgium3.17%
Industry sector
No data available.
Asset type
1Global Fixed Interest18.14%
2Dutch Fixed Interest16.48%
3UK Fixed Interest16.12%
4French Fixed Interest16.01%
5Austrian Fixed Interest6.82%
6German Fixed Interest6.32%
7Swiss Fixed Interest6.21%
8Swedish Fixed Interest5.8%
9Belgian Fixed Interest3.17%
Individual holdings
1BNP PARIBAS4.67%
2HSBC HOLDINGS PLC3.77%
3 SNS BANK NV3.68%
4ACHMEA BV3.54%
5ERSTE GROUP BANK AG3.42%
6BAWAG P.S.K.3.41%
7BPCE SA3.36%
8LB BADEN-WUERTTEMBERG3.31%
9 LA MONDIALE3.22%
Management
Fund manager group
No data available.
Fund manager company
ECM Asset Management Ltd
Fund type
Offshore Fund
Fund objective
The investment objective of the Fund is to provide investors with superior returns over EURIBOR (after fees and expenses). It is intended that such a return be achieved through a combination of current income and capital appreciation by investing primarily in the debt and related products of financial sector issuers, including sub-investment grade instruments such as contingent capital securities.
Benchmark
  • EURIBOR 1 month
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Satish Pulle14/10/2011Satish joined ECM in 2010 as the Senior Investment Analyst for financials and is currently the lead portfolio manager for financials. Satish joined from Merrill Lynch where he traded and analysed European and US banks and insurers, most recently as a Director and Senior Credit Flow Trader. Prior to joining Merrill Lynch in 2007, he spent 5 years as a credit analyst for European financials and ABS at Schroders Plc in London. He started his career at Tata Consultancy Services in India before moving to London in 1996 as an Associate and later Associate Director for Barclays Capital’s Infrastructure Investment Banking team. Satish holds a Masters in Finance from the London Business School, an M.Sc. in International Accounting and Finance from the London School of Economics, as well as an MBA with a specialisation in Finance from the Indian Institute of Management, Calcutta, India, and a Bachelor of Engineering, Mechanical Engineering from Osmania University, Hyderabad, India.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Australia, Austria, Switzerland, Germany, Denmark, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Offshore, Sweden
ECM Financials I Acc EUR
Initial charge1%
Annual charge0.5%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1214.25
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ICS
ECM Financials I Hedged Acc CHF
Initial charge1%
Annual charge0.5%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1002.39
CurrencyCHF
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKSBQ
ECM Financials I Hedged Acc GBP
Initial charge1%
Annual charge0.5%
Min single investment£125,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1213.57
CurrencyGBP
Price updated24/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ICU
ECM Financials I Hedged Acc GBP EUR
Initial charge1%
Annual charge0.5%
Min single investment£125,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1418.97
CurrencyEUR
Price updated24/08/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ICT
ECM Financials I Hedged Acc USD
Initial charge1%
Annual charge0.5%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1237.02
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ICW
ECM Financials I Hedged Acc USD EUR
Initial charge1%
Annual charge0.5%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1165.74
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0ICV
ECM Financials I Hedged Inc CHF
Initial charge-
Annual charge0.5%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price941.22
CurrencyCHF
Price updated30/06/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKTEI
Data provided by

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