Fact sheet: Eastspring Inv USCrBd

Fund information
Fund name
Eastspring Inv US Corporate Bond A USD
Fund manager company
Eastspring Investments (Lux) S
Fund type
Offshore Fund
Fund manager
  • Mark Redfearnsince 30/11/2007
Fund objective
This Sub-Fund invests in a diversified portfolio consisting primarily of fixed income/ debt securities denominated in US dollars, issued in the US market by corporations (including “Yankee” and “Global” bonds) rated BBB- and above by Standard & Poor’s (or comparable rating by Moody’s Investor Service or Fitch). The Sub-Fund will primarily focus on investment grade corporate debt including positions in various fixed income/ debt sectors such as US corporate (including redeemable preference shares), CMBS, MBS and ABS. Yankee bonds mean debt of foreign issuers issued in the US domestic market. Global bonds mean debt issued simultaneously in the eurobond and US domestic bond markets. Moreover, the aim of this Sub-Fund is to outperform the benchmark index, the Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index.
Benchmark
  • Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
7.2%
1 Year rank in sector
10/40
Sector
FO Fixed Int - USD Investment Grade
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.
1.58%
Fund size
£4,991m (£4,327m last year)
Top in this sector
Fund name1 Year
JPM EmMtInvGrBd10.3%
Blackrock Gbl Infltn Lkd Bd $9.6%
Nikko AM Asia Credit9%
Fidelity Asian Bd8.6%
RBC (Lux) USInvGrdCorpBd7.9%
...more in FO Fixed Int - USD Investment Grade

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials39.2%
    Financials26.9%
    Government Agency Bonds12.4%
    Asset/Mortgage-Backed Securities8.6%
    Utilities6.3%
  • Global Corporate Fixed Interest99.1%
    Money Market0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%2%5%7.2%14.3%20.1%
Sector-0.5%1.4%3.7%5.5%12.7%22.3%
Rank within sector17 / 4310 / 4311 / 4110 / 4011 / 3811 / 33
Quartile2nd1st2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.3%-2.2%6.1%-2.7%9%
Sector5.9%-0.7%6%-1.1%10.1%
Rank within sector7 / 4033 / 3913 / 3824 / 3710 / 33
Quartile1st4th2nd3rd2nd
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.
-0.63
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.
1.19
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.
0.42
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%.
3.42
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.
1.1
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.
0.21
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.
0.92
Price movement
52 week high12.99
52 week low11.89
Current bid price12.88
Current offer price12.88
Current mid price-
Region
No data available.
Industry sector
1Industrials39.2%
2Financials26.9%
3Government Agency Bonds12.4%
4Asset/Mortgage-Backed Securities8.6%
5Utilities6.3%
6Government Bonds5.7%
7Money Market0.9%
Asset type
1Global Corporate Fixed Interest99.1%
2Money Market0.9%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 1.5% BDS 31/05/20 USD1001.97%
2UNITED STATES OF AMER TREAS NOTES 0% NTS 31/01/19 USD10001.35%
3UNITED STATES OF AMER TREAS NOTES 1.5% NTS 31/01/22 USD10001.06%
4DAIMLER FINANCE NA LLC 1.375% BDS 01/08/17 USD150000 144A0.88%
5TORONTO-DOMINION BANK 1.45% BDS 13/08/19 EUR20000.83%
6EUROPEAN INVESTMENT BANK 1.75% NTS 17/06/19 USD10000.78%
7FORD CREDIT FLOORPLAN MASTER OWNER 1.39% MTG BDS 15/01/20 USD10000.75%
8GOLDMAN SACHS GROUP INC FRN 25/04/19 USD20000.72%
9COMMONWEALTH BANK OF AUSTRALIA 2.3% BDS 06/09/19 USD2500000.71%
Management
Fund manager group
No data available.
Fund manager company
Eastspring Investments (Lux) S
Fund type
Offshore Fund
Fund objective
This Sub-Fund invests in a diversified portfolio consisting primarily of fixed income/ debt securities denominated in US dollars, issued in the US market by corporations (including “Yankee” and “Global” bonds) rated BBB- and above by Standard & Poor’s (or comparable rating by Moody’s Investor Service or Fitch). The Sub-Fund will primarily focus on investment grade corporate debt including positions in various fixed income/ debt sectors such as US corporate (including redeemable preference shares), CMBS, MBS and ABS. Yankee bonds mean debt of foreign issuers issued in the US domestic market. Global bonds mean debt issued simultaneously in the eurobond and US domestic bond markets. Moreover, the aim of this Sub-Fund is to outperform the benchmark index, the Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index.
Benchmark
  • Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Mark Redfearn30/11/2007
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Hong Kong, Ireland, Republic Of Korea, Luxembourg, Macau, Offshore, Singapore, Taiwan - Province Of China, United Arab Emirates
Eastspring Inv US Corporate Bond A USD
Initial charge3%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price12.88
Offer price12.88
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6C4
Eastspring Inv US Corporate Bond Aadm Hedged AUD
Initial charge3%
Annual charge0.01%
Min single investment£500
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.55%
Bid price10.078
Offer price10.078
Mid price-
CurrencyAUD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5AO
Eastspring Inv US Corporate Bond Aadmc1 Hedged AUD
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.56%
Bid price9.766
Offer price9.766
Mid price-
CurrencyAUD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ9JW
Eastspring Inv US Corporate Bond Adm USD
Initial charge3%
Annual charge0.01%
Min single investment£500
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price10.988
Offer price10.988
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN6C5
Eastspring Inv US Corporate Bond Admc1 USD
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.59%
Bid price9.623
Offer price9.623
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8ZU
Eastspring Inv US Corporate Bond Ae Hedged EUR
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.56%
Bid price11.087
Offer price11.087
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGEJC
Eastspring Inv US Corporate Bond Aedm Hedged EUR
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.54%
Bid price9.758
Offer price9.758
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGEJE
Eastspring Inv US Corporate Bond Af Hedged CHF
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.52%
Bid price10.822
Offer price10.822
Mid price-
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGEJF
Eastspring Inv US Corporate Bond Afdm Hedged CHF
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.52%
Bid price9.522
Offer price9.522
Mid price-
CurrencyCHF
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGEJG
Eastspring Inv US Corporate Bond Andm Hedged NZD
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.56%
Bid price10.804
Offer price10.804
Mid price-
CurrencyNZD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZVD
Eastspring Inv US Corporate Bond Andmc1 Hedged NZD
Initial charge5%
Annual charge-
Min single investment£2,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.55%
Bid price10.649
Offer price10.649
Mid price-
CurrencyNZD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZVE
Eastspring Inv US Corporate Bond Ardmc1 Hedged CNY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.56%
Bid price10.309
Offer price10.309
Mid price-
CurrencyCNY
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKVVZ
Eastspring Inv US Corporate Bond Asdm Hedged SGD
Initial charge3%
Annual charge1.25%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.54%
Bid price10.072
Offer price10.072
Mid price-
CurrencySGD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5AP
Eastspring Inv US Corporate Bond Azdm Hedged ZAR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.55%
Bid price10.517
Offer price10.517
Mid price-
CurrencyZAR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ8AQ
Eastspring Inv US Corporate Bond Azdmc1 Hedged ZAR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.55%
Bid price10.338
Offer price10.338
Mid price-
CurrencyZAR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ8AR
Eastspring Inv US Corporate Bond B USD
Initial charge5%
Annual charge0.63%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.67%
Bid price11.428
Offer price11.428
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI31W
Eastspring Inv US Corporate Bond C USD
Initial charge-
Annual charge0.5%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.55%
Bid price11.726
Offer price11.726
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGF3Z
Eastspring Inv US Corporate Bond CE EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.54%
Bid price11.847
Offer price11.847
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5XW
Eastspring Inv US Corporate Bond CG GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)0.54%
Bid price12.942
Offer price12.942
Mid price-
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5XY
Eastspring Inv US Corporate Bond Cdy USD
Initial charge5%
Annual charge0.5%
Min single investment£20,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.54%
Bid price3.677
Offer price3.677
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA0SN
Eastspring Inv US Corporate Bond Ce Hedged EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.52%
Bid price10.704
Offer price10.704
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5XX
Eastspring Inv US Corporate Bond Cg Hedged GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.51%
Bid price10.849
Offer price10.849
Mid price-
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5XZ
Eastspring Inv US Corporate Bond D USD
Initial charge-
Annual charge-
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.04%
Total expense ratio (TER)0.04%
Bid price18.056
Offer price18.056
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDUM9
Eastspring Inv US Corporate Bond E USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price10.392
Offer price10.392
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9TH
Eastspring Inv US Corporate Bond G USD
Initial charge5%
Annual charge0.7%
Min single investment£50,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.99%
Bid price11.225
Offer price11.225
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI31P
Eastspring Inv US Corporate Bond Gdm USD
Initial charge5%
Annual charge0.7%
Min single investment£50,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.97%
Bid price10.072
Offer price10.072
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI31Q
Eastspring Inv US Corporate Bond Gedm Hedged EUR
Initial charge5%
Annual charge0.7%
Min single investment£60,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price9.905
Offer price9.905
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI31R
Eastspring Inv US Corporate Bond Gfdm Hedged CHF
Initial charge5%
Annual charge0.7%
Min single investment£75,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.95%
Bid price9.673
Offer price9.673
Mid price-
CurrencyCHF
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI31S
Eastspring Inv US Corporate Bond R USD
Initial charge5%
Annual charge0.63%
Min single investment£500
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price11.292
Offer price11.292
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI31V
Eastspring Inv US Corporate Bond Rdm USD
Initial charge5%
Annual charge0.63%
Min single investment£500
Min regular saving£50
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price10.113
Offer price10.113
Mid price-
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI31U
Eastspring Inv US Corporate Bond Re Hedged EUR
Initial charge5%
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.68%
Bid price11.127
Offer price11.127
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI31T
Eastspring Inv US Corporate Bond Redm Hedged EUR
Initial charge3%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.8%
Bid price9.841
Offer price9.841
Mid price-
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN5YA
Eastspring Inv US Corporate Bond Rgdm Hedged GBP
Initial charge3%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.68%
Bid price10.295
Offer price10.295
Mid price-
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN5YB
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.