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
  • Bloomberg Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
3.6%
1 Year rank in sector
15/48
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
£4,823m (£4,339m last year)
Top in this sector
Fund name1 Year
Blackrock Gbl Infltn Lkd Bd $7.4%
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Nikko AM Asia Credit5.3%
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Vanguard USIvGdCId5.1%
...more in FO Fixed Int - USD Investment Grade

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials39%
    Financials29.8%
    Government Agency Bonds13.8%
    Asset/Mortgage-Backed Securities9.8%
    Utilities6.4%
  • Global Corporate Fixed Interest99.4%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-4.2%-1.3%3.6%9.1%16.3%
Sector-2.3%-3.2%-0.8%2.8%9.1%19.3%
Rank within sector35 / 5445 / 5233 / 5215 / 4817 / 4518 / 40
Quartile3rd4th3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.5%-2.2%6.1%-2.7%9%
Sector3.4%-0.7%6%-1.1%10.1%
Rank within sector16 / 4841 / 4717 / 4528 / 4413 / 40
Quartile2nd4th2nd3rd2nd
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.
-0.92
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.
1.25
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%.
3.91
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.
1.26
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.
-0.18
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.
0.93
Price movement
52 week high12.99
52 week low11.89
Current bid price12.44
Current offer price12.44
Current mid price-
Region
No data available.
Industry sector
1Industrials39%
2Financials29.8%
3Government Agency Bonds13.8%
4Asset/Mortgage-Backed Securities9.8%
5Utilities6.4%
6Government Bonds0.6%
7Money Market0.6%
Asset type
1Global Corporate Fixed Interest99.4%
2Money Market0.6%
Individual holdings
1MORGAN STANLEY FRN 24/10/23 USD10000.97%
2DAIMLER FINANCE NA LLC 1.375% BDS 01/08/17 USD150000 144A0.9%
3ANHEUSER-BUSCH INBEV SA 4.9% BDS 01/02/46 USD10000.83%
4COMMONWEALTH BANK OF AUSTRALIA 2% BDS 06/09/21 USD2000144A0.81%
5EUROPEAN INVESTMENT BANK 1.75% NTS 17/06/19 USD10000.79%
6FORD CREDIT FLOORPLAN MASTER OWNER 1.39% MTG BDS 15/01/20 USD10000.76%
7COMMONWEALTH BANK OF AUSTRALIA 2.3% BDS 06/09/19 USD2500000.72%
8EUROPEAN INVESTMENT BANK 1% NTS 15/06/18 USD10000.71%
9GOLDMAN SACHS GROUP INC 5.75% BDS 24/01/22 USD10000.69%
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
  • Bloomberg 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 price12.437
Offer price12.437
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price9.65
Offer price9.65
Mid price-
CurrencyAUD
Price updated07/12/2016
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 price9.339
Offer price9.339
Mid price-
CurrencyAUD
Price updated07/12/2016
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 price10.53
Offer price10.53
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price9.207
Offer price9.207
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price10.663
Offer price10.663
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price9.314
Offer price9.314
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price10.403
Offer price10.403
Mid price-
CurrencyCHF
Price updated07/12/2016
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 price9.086
Offer price9.086
Mid price-
CurrencyCHF
Price updated07/12/2016
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 price10.345
Offer price10.345
Mid price-
CurrencyNZD
Price updated07/12/2016
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 price10.183
Offer price10.183
Mid price-
CurrencyNZD
Price updated07/12/2016
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 price9.846
Offer price9.846
Mid price-
CurrencyCNY
Price updated07/12/2016
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 price9.641
Offer price9.641
Mid price-
CurrencySGD
Price updated07/12/2016
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 price10.105
Offer price10.105
Mid price-
CurrencyZAR
Price updated07/12/2016
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 price9.921
Offer price9.921
Mid price-
CurrencyZAR
Price updated07/12/2016
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 price11.055
Offer price11.055
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price11.347
Offer price11.347
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price12.011
Offer price12.011
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price13.042
Offer price13.042
Mid price-
CurrencyGBP
Price updated07/12/2016
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 price3.558
Offer price3.558
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price10.316
Offer price10.316
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price10.485
Offer price10.485
Mid price-
CurrencyGBP
Price updated07/12/2016
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 price17.491
Offer price17.491
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price10.067
Offer price10.067
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price10.852
Offer price10.852
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price9.665
Offer price9.665
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price9.468
Offer price9.468
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price9.24
Offer price9.24
Mid price-
CurrencyCHF
Price updated07/12/2016
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 price10.923
Offer price10.923
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price9.709
Offer price9.709
Mid price-
CurrencyUSD
Price updated07/12/2016
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 price10.72
Offer price10.72
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price9.409
Offer price9.409
Mid price-
CurrencyEUR
Price updated07/12/2016
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 price9.871
Offer price9.871
Mid price-
CurrencyGBP
Price updated07/12/2016
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.