Fact sheet: EdenTree Amity Sterling Bd

Fund information
Fund name
EdenTree Amity Sterling Bond B
Fund manager company
EdenTree Investment Management
Fund type
OEIC
Fund managers
  • Chris Hiornssince 18/02/2008
  • David Katimbo Mugwanyasince 31/08/2016
Fund objective
The Fund aims to provide an attractive level of income. The Fund seeks to invest in a highly diversified portfolio of Government bonds and good quality fixed interest securities issued by companies which make a positive contribution to society and the environment through sustainable and socially responsible practices.
Benchmark
  • FTSE All Stocks
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.4%
1 Year rank in sector
49/77
Sector
UT Sterling Strategic Bond
Yield
5.1%
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.
0.71%
Fund size
£90m (£83m 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.
20
Mid price
114.3
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc12.8%
Fidelity I Stg Cr + Bd11.2%
Fidelity UK Inv Grd Lg Cr10.4%
Legg Mason IFBrwiGlInOp10.1%
AXA Framlington Mgd Inc9.4%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK96%
    Money Market4%
  • Financials46.9%
    Utilities14.9%
    Consumer Services9.6%
    Others5.6%
    Telecommunications4.9%
  • Global Corporate Fixed Interest75.8%
    Global Fixed Interest6.6%
    Preference Shares6.4%
    Money Market4%
    Global Index Linked3.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-2.5%2.3%4.4%14.2%34.6%
Sector-0.8%-2.8%2.5%5.2%13.2%31.8%
Rank within sector34 / 8339 / 8248 / 8249 / 7733 / 7128 / 60
Quartile2nd2nd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.8%0.6%8.2%3.4%13.4%
Sector6.2%-0.3%6.8%2.6%12.6%
Rank within sector57 / 7725 / 7427 / 7234 / 6437 / 61
Quartile3rd2nd2nd3rd3rd
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.
0.48
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
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.
0.24
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%.
3.65
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.
1.41
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.
0.32
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.
0.85
Price movement
52 week high118.5
52 week low110.4
Current bid price-
Current offer price-
Current mid price114.3
Region
1UK96%
2Money Market4%
Industry sector
1Financials46.93%
2Utilities14.89%
3Consumer Services9.56%
4Others5.61%
5Telecommunications4.91%
6Real Estate4.76%
7Consumer Goods4.15%
8Money Market4%
9Industrials3%
Asset type
1Global Corporate Fixed Interest75.84%
2Global Fixed Interest6.56%
3Preference Shares6.36%
4Money Market4%
5Global Index Linked3.27%
6UK Index-Linked Gilts2.05%
7UK Gilts1.91%
Individual holdings
1FIDELITY INTERNATIONAL 7.125% BDS 13/02/24 GBP1000002.46%
2NOTTINGHAM BUILDING SOCIETY 7.875% PERM INT BEARING SHS GBP5000 REG2.31%
3MORRISON(WM.)SUPERMARKETS 4.75% NTS 04/07/29 GBP1000002.16%
4SOCIETY OF LLOYDS 7.421%2.16%
5TREASURY 0.125% IDX-LKD GILT 22/11/19 GBP0.012.05%
6F&C ASSET MANAGEMENT PLC 6.75% 12/20/20261.99%
7LEWIS(JOHN) 8.375% BDS 08/04/19 GBP750001.92%
8TREASURY 1.25% GILT 22/7/18 GBP0.011.91%
9COVENTRY BUILDING SOCIETY 12.125% PERM INT BEARING SHS GBP1000 RG1.89%
Management
Fund manager group
Ecclesiastical
Fund manager company
EdenTree Investment Management
Fund type
OEIC
Fund objective
The Fund aims to provide an attractive level of income. The Fund seeks to invest in a highly diversified portfolio of Government bonds and good quality fixed interest securities issued by companies which make a positive contribution to society and the environment through sustainable and socially responsible practices.
Benchmark
  • FTSE All Stocks
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Chris Hiorns18/02/2008Chris graduated in 1995, with an MSc in Economics from University College London. He joined EdenTree in 1996 as a Research Assistant and took over the management of the Amity European Fund in 2007. He is also co-manager of the Amity Sterling Bond Fund Chris has been a CFA Charterholder since 2004.
David Katimbo Mugwanya31/08/2016David joined EdenTree in 2015 from Epworth Investment Management. He has a wealth of experience in UK Fixed Interest Portfolios and has previously managed over £700m for Institutional Pension Funds, Insurance firms and Charities. David graduated from University of Essex with a BSc in Economics. David has been a CFA Charterholder since 2014.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
EdenTree Amity Sterling Bond A
Initial charge3.75%
Annual charge1.25%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price105.1
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBGR7
EdenTree Amity Sterling Bond B
Initial charge2%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price114.3
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBGR8
Data provided by

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