Fact sheet: EDRF EmCorpBds

Fund information
Fund name
EDRF Emerging Corporate Bonds A USD
Fund manager company
Edmond de Rothschild Asset Man
Fund type
Offshore Fund
Fund managers
  • Stephane Mayorsince 15/07/2014
  • Marc Lacrazsince 10/06/2016
Fund objective
The fund primarily invests in corporate emerging capital markets securities with a limited allocation in sovereign debt. Its assets include both investment-grade and non-investment grade securities. The fund aims to bring a significant total return over benchmark yields of same duration.
Benchmark
  • JP Morgan CEMBI Broad Index
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
20.7%
1 Year rank in sector
19/200
Sector
FO Fixed Int - Emerging Markets
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.
1.42%
Fund size
£216m (£211m 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.
77
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$59.2%
Pictet Lat Am Lcl Cur Dt45.1%
Old Mutual Em Mt Dt36.9%
SEI Emg Mkts Dt36%
Schroder ISF EmgMktBd35.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil28.1%
    Russia19.9%
    Ukraine12.8%
    Argentina7.6%
    Venezuela4.6%
  • Utilities27.8%
    Banks18.5%
    Consumer Staples13.3%
    Basic Materials11.5%
    Government Bonds8.2%
  • Brazilian Fixed Interest28.1%
    Russian Fixed Interest19.9%
    American Emerging Fixed Interest17.9%
    European Emerging Fixed Interest12.8%
    African Fixed Interest3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%6.3%15%20.7%--
Sector0.3%5.2%8.3%12.5%3.1%14.6%
Rank within sector14 / 21338 / 21017 / 20719 / 200--
Quartile1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund18.8%2.3%---
Sector13.4%-7.3%-0.6%-7%14.7%
Rank within sector24 / 20517 / 194---
Quartile1st1st
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 high162.54
52 week low132.22
Current bid price-
Current offer price-
Current mid price162.54
Region
1Brazil28.1%
2Russia19.9%
3Ukraine12.8%
4Argentina7.6%
5Venezuela4.6%
6Colombia4.4%
7Angola3.5%
8Luxembourg2.9%
9Money Market2.9%
Industry sector
1Utilities27.8%
2Banks18.5%
3Consumer Staples13.3%
4Basic Materials11.5%
5Government Bonds8.2%
6Services4.8%
7Government Guaranteed3.3%
8Money Market2.9%
9Telecommunications Utilities2.9%
Asset type
1Brazilian Fixed Interest28.1%
2Russian Fixed Interest19.9%
3American Emerging Fixed Interest17.9%
4European Emerging Fixed Interest12.8%
5African Fixed Interest3.5%
6Luxembourg Fixed Interest2.9%
7Money Market2.9%
8South African Fixed Interest2.4%
9Kazakhstan Fixed Interest2.3%
Individual holdings
1PETROLEO BRASILEIRO SA PETROBRAS5.3%
2JBS SA4.8%
3PETROLEOS DE VENEZUELA4.6%
4MARFRIG GLOBAL FOODS SA3.8%
5DTEK HOLDINGS BV3.5%
6REPUBLIC OF ANGOLA3.5%
7GAZPROM OAO3.4%
8ALFA BANKA SKOPJE2.9%
9MHP SA2.9%
Management
Fund manager group
No data available.
Fund manager company
Edmond de Rothschild Asset Man
Fund type
Offshore Fund
Fund objective
The fund primarily invests in corporate emerging capital markets securities with a limited allocation in sovereign debt. Its assets include both investment-grade and non-investment grade securities. The fund aims to bring a significant total return over benchmark yields of same duration.
Benchmark
  • JP Morgan CEMBI Broad Index
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Stephane Mayor15/07/2014
Marc Lacraz10/06/2016
Compliance
UCITS V Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Singapore
EDRF Emerging Corporate Bonds A Hedged EUR
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.09
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPIZ
EDRF Emerging Corporate Bonds A USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price162.54
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPJB
EDRF Emerging Corporate Bonds B Hedged EUR
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.7
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPJC
EDRF Emerging Corporate Bonds B USD
Initial charge3%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.07
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPJD
EDRF Emerging Corporate Bonds I Hedged EUR
Initial charge4.5%
Annual charge0.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.91
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPUF
EDRF Emerging Corporate Bonds I USD
Initial charge4.5%
Annual charge0.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.25
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPJE
Data provided by

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