Fact sheet: EV Intl Global Macro

Fund information
Fund name
EV Intl Global Macro I2 USD
Fund manager company
Eaton Vance International Irel
Fund type
No data available.
Fund managers
  • John R Baursince 05/05/2010
  • Michael Ciramisince 05/05/2010
  • Eric Steinsince 05/05/2010
Fund objective
The investment objective of the Global Macro Fund (the “Sub-Fund”) is to seek total return, defined as income plus capital appreciation. The Sub-Fund seeks to achieve its objective through exposure to currencies, and U.S. and non-U.S. interest rates and issuers. Such exposure may be achieved by investing in securities and other instruments, including, debt securities (which may be fixed and/or floating rate and rated or unrated) issued by governments of both developed and emerging market countries or their sub-divisions, government agencies and government-sponsored enterprises, mortgage-backed securities and other asset-backed securities, units in closed-ended collective investment schemes, inflation-indexed bonds issued by both governmental, quasi-governmental and/or corporate issuers, corporate debt securities (including, without limitation, convertible securities and corporate commercial paper), structured products which comply with the requirements set out in the UCITS Notices and deposits. The Sub-Fund may also achieve this exposure by investing primarily in derivative instruments. The Sub-Fund will invest in securities which are traded or dealt on recognised markets worldwide.
Benchmark
  • U.S. LIBOR Market 3-Month Return Index5
Investment style
Absolute Return,Flexible
Investment method
Mixed
Quick stats
1 Year return
2.4%
1 Year rank in sector
28/132
Sector
FO Absolute Return
Yield
-
Fund size
£27m (£36m 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.
86
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd17.9%
Polar Capital UK Abs Eq10.3%
SW Mitchell Emerging European9.6%
Orbis Optimal SA9.4%
Orbis Optimal USD9.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • B41.8%
    BB24.6%
    BBB14.5%
    A9.3%
    AAA6.4%
  • Global Government Fixed Interest81.3%
    Cash & Cash Equivalents11.6%
    Money Market4.8%
    International Equities1.2%
    Global Corporate Fixed Interest1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-1.1%1.6%2.4%8.4%11.2%
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector113 / 14194 / 14138 / 13828 / 13213 / 8328 / 64
Quartile4th3rd2nd1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.4%2.3%3%-1.4%4.6%
Sector0.1%0.7%1.2%3.6%3.9%
Rank within sector35 / 13235 / 11526 / 8863 / 7134 / 63
Quartile2nd2nd2nd4th3rd
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.
2.13
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.
1.21
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%.
3.43
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.
2.68
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.
0.86
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.
0.4
Price movement
52 week high11.44
52 week low10.51
Current bid price-
Current offer price-
Current mid price11.14
Region
No data available.
Industry sector
1B41.81%
2BB24.55%
3BBB14.49%
4A9.32%
5AAA6.36%
6Non-Rated3.47%
Asset type
1Global Government Fixed Interest81.27%
2Cash & Cash Equivalents11.64%
3Money Market4.77%
4International Equities1.22%
5Global Corporate Fixed Interest1.1%
Individual holdings
No data available.
Management
Fund manager group
Eaton Vance International
Fund manager company
Eaton Vance International Irel
Fund type
No data available.
Fund objective
The investment objective of the Global Macro Fund (the “Sub-Fund”) is to seek total return, defined as income plus capital appreciation. The Sub-Fund seeks to achieve its objective through exposure to currencies, and U.S. and non-U.S. interest rates and issuers. Such exposure may be achieved by investing in securities and other instruments, including, debt securities (which may be fixed and/or floating rate and rated or unrated) issued by governments of both developed and emerging market countries or their sub-divisions, government agencies and government-sponsored enterprises, mortgage-backed securities and other asset-backed securities, units in closed-ended collective investment schemes, inflation-indexed bonds issued by both governmental, quasi-governmental and/or corporate issuers, corporate debt securities (including, without limitation, convertible securities and corporate commercial paper), structured products which comply with the requirements set out in the UCITS Notices and deposits. The Sub-Fund may also achieve this exposure by investing primarily in derivative instruments. The Sub-Fund will invest in securities which are traded or dealt on recognised markets worldwide.
Benchmark
  • U.S. LIBOR Market 3-Month Return Index5
Investment style
Absolute Return,Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
John R Baur05/05/2010John is a Vice President and a Portfolio Manager. He covers Latin America and joined Eaton Vance in 2005. He has previously been employed at Applied Materials, Inc. in California, Taiwan and Singapore. John earned his M.B.A with honors from the Johnson Graduate School of Management at Cornell University, and his B.S. in Mechanical Engineering from MIT.
Michael Cirami05/05/2010Michael Cirami is a vice president of Eaton Vance Management, co-director and portfolio manager with Eaton Vance’s Global Income Group, focusing on emerging Europe, the Middle East and Africa.Michael joined Eaton Vance’s Global Income Group in 2003. Previously, he was employed at State Street Bank in Boston, Luxemburg and Munich, and with BT&T Asset Management in Zurich.Michael earned a B.S. in business administration and economics, cum laude, from Mary Washington College and an M.B.A. with honors from the William E. Simon School at the University of Rochester. He also studied at WHU Otto Beisheim School of Management in Koblenz, Germany. He is a CFA charterholder, and a member of the Boston Security Analysts Society, the Boston Committee on Foreign Relations and the Ludwig von Mises Institute. Michael also serves as a board member and chairman of the investment committee of the Boston Civic Symphony.Michael's commentary has appeared in The Wall Street Journal, Barron's, Bloomberg and Reuters. He has been a featured speaker at Schwab, Bloomberg European Debt Crisis and Standard Chartered forums.
Eric Stein05/05/2010Eric Stein is a Vice President and Portfolio Manager. He originally joined Eaton Vance in 2002 and rejoined the firm in 2008. He has previously been employed at the Federal Reserve Bank of New York and Citigroup Alternative Investments. Eric earned his M.B.A. in Analytic Finance and Economics with honors from the University of Chicago Booth School of Business, and his B.S. in Business Administration from Boston University. Eric is a CFA charterholder and a member of the Boston Security Analysts Society.
Compliance
Transparent for Austrian Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, Finland, United Kingdom, Ireland, Italy, Netherlands, Offshore, Sweden
EV Intl Global Macro A2 EUR
Initial charge6.25%
Annual charge1.7%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price10.36
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM1Q
EV Intl Global Macro A2 GBP
Initial charge-
Annual charge1.7%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price10.57
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM1P
EV Intl Global Macro A2 USD
Initial charge6.25%
Annual charge1.7%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price10.51
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM1O
EV Intl Global Macro C2 USD
Initial charge1%
Annual charge1.95%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.45%
Bid price-
Offer price-
Mid price10.34
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM1R
EV Intl Global Macro I2 EUR
Initial charge-
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price10.9
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGM1T
EV Intl Global Macro I2 GBP
Initial charge-
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price9.63
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGM1U
EV Intl Global Macro I2 USD
Initial charge-
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price11.14
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGM1S
EV Intl Global Macro M2 EUR
Initial charge-
Annual charge0.95%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price10.19
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM1W
EV Intl Global Macro M2 USD
Initial charge-
Annual charge0.95%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price11.06
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGM1V
EV Intl Global Macro Z2 USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGPHD
Data provided by

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