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 09/06/2016
  • Marc Lacrazsince 09/06/2016
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
30.9%
1 Year rank in sector
5/219
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
£249m (£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.
81
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$63.3%
Ashmore EMHghYldCrDb41.6%
Gramercy Allct Emg Mket Debt35.8%
EDRF Emerging Bonds33.4%
EDRF EmCorpBds30.9%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Brazil29.2%
    Ukraine15.2%
    Russia14.7%
    Argentina7.3%
    Venezuela5.6%
  • Utilities27.6%
    Banks19.4%
    Consumer Staples13.7%
    Basic Materials11.5%
    Government Bonds8.3%
  • Brazilian Fixed Interest29.2%
    American Emerging Fixed Interest19.7%
    European Emerging Fixed Interest15.2%
    Russian Fixed Interest14.7%
    African Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%7.1%10.8%30.9%--
Sector2%4.3%0.1%13.4%5%4.7%
Rank within sector102 / 23315 / 2314 / 2275 / 219--
Quartile2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.6%23.7%2.3%--
Sector2.9%10.2%-7.3%-0.6%-7%
Rank within sector19 / 23315 / 21918 / 201--
Quartile1st1st1st
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 high176.93
52 week low135.06
Current bid price-
Current offer price-
Current mid price176.96
Region
1Brazil29.2%
2Ukraine15.2%
3Russia14.7%
4Argentina7.3%
5Venezuela5.6%
6Angola3.8%
7Colombia3.8%
8Money Market3.1%
9Nigeria2.6%
Industry sector
1Utilities27.6%
2Banks19.4%
3Consumer Staples13.7%
4Basic Materials11.5%
5Government Bonds8.3%
6Chemicals3.8%
7Government Guaranteed3.2%
8Money Market3.1%
9Telecommunications Utilities2.9%
Asset type
1Brazilian Fixed Interest29.2%
2American Emerging Fixed Interest19.7%
3European Emerging Fixed Interest15.2%
4Russian Fixed Interest14.7%
5African Fixed Interest6.4%
6Money Market3.1%
7South African Fixed Interest2.5%
8European Fixed Interest1.8%
9Luxembourg Fixed Interest1.8%
Individual holdings
1PETROLEO BRASILEIRO SA PETROBRAS5.3%
2PETROLEOS DE VENEZUELA5.2%
3DTEK HOLDINGS BV4.8%
4JBS SA4.6%
5REPUBLIC OF ANGOLA3.6%
6SYSTEM CAPITAL MANAGEMENT JSC3.2%
7MARFRIG ALIMENTOS SA3.1%
8MHP SA2.9%
9GAZPROM OAO2.8%
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 Mayor09/06/2016
Marc Lacraz09/06/2016
Compliance
Transparent for German Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore
EDRF Emerging Corporate Bonds A H EUR
Initial charge3%
Annual charge1%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price113.55
CurrencyEUR
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPIZ
EDRF Emerging Corporate Bonds A USD
Initial charge3%
Annual charge1%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price176.96
CurrencyUSD
Price updated21/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPJB
EDRF Emerging Corporate Bonds B H EUR
Initial charge3%
Annual charge1%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price104.48
CurrencyEUR
Price updated21/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPJC
EDRF Emerging Corporate Bonds B USD
Initial charge3%
Annual charge1%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price136.16
CurrencyUSD
Price updated21/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPJD
EDRF Emerging Corporate Bonds I H EUR
Initial charge-
Annual charge0.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price124.49
CurrencyEUR
Price updated21/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPUF
EDRF Emerging Corporate Bonds I USD
Initial charge-
Annual charge0.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price149.83
CurrencyUSD
Price updated21/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPJE
Data provided by

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