Fact sheet: European Wealth Stg Bd

Fund information
Fund name
European Wealth Sterling Bond A Acc
Fund manager company
European Wealth Investments
Fund type
OEIC
Fund manager
  • Nigel Marshsince 24/01/2014
Fund objective
The aim of the Fund is to provide investors with a considerably higher return than the yield available on cash deposits, combined with a cautious approach to volatility of returns. The investment objective is achieved through a conservatively managed portfolio of government, supra-national and corporate bonds together with liquid money market instruments. No investments are made in sub investment grade bonds.
Benchmark
  • LIBOR 3 month GBP
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
23/23
Sector
FO Fixed Int - GBP 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.
2.35%
Fund size
£46m
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.
4
Top in this sector
Fund name1 Year
MGI UK Inflation Lkd Bd16.8%
GAM Star Credit Opps £8.6%
Invesco UK Inv Grade Bd8.3%
MGI UK Bond8%
JPM Sterling Bond8%
...more in FO Fixed Int - GBP Investment Grade

Performance snapshot

Holdings snapshot

  • UK69.6%
    USA11.4%
    France5.1%
    Netherlands3.9%
    Germany3.3%
  • Others35.3%
    Banks21.3%
    Utilities8.3%
    Financials6.9%
    Energy6.4%
  • UK Corporate Fixed Interest36.2%
    UK Gilts23.7%
    US Corporate Fixed Interest11.4%
    Global Government Fixed Interest8.2%
    French Corporate Fixed Interest5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund--0.3%--0.6%9.1%
Sector-1.2%-4.6%3.6%6.2%16.1%35.5%
Rank within sector2 / 231 / 2323 / 2323 / 2321 / 2119 / 19
Quartile1st1st4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.2%-0.7%1.4%1.8%5.5%
Sector7.3%0.7%7.9%1.3%11.8%
Rank within sector23 / 2319 / 2121 / 214 / 2114 / 19
Quartile4th4th4th1st3rd
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.
-0.26
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.
0.08
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%.
0.62
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.
4.05
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.
-1.2
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.
0.36
Price movement
52 week high1.12
52 week low1.11
Current bid price-
Current offer price-
Current mid price1.11
Region
1UK69.59%
2USA11.43%
3France5.07%
4Netherlands3.94%
5Germany3.29%
6Italy2%
7Australia1.91%
8Korea1.71%
9Ireland1.05%
Industry sector
1Others35.3%
2Banks21.28%
3Utilities8.29%
4Financials6.92%
5Energy6.39%
6Automobiles6.33%
7Insurance4.61%
8Telecom, Media & Technology3.72%
9Industrials3.63%
Asset type
1UK Corporate Fixed Interest36.16%
2UK Gilts23.69%
3US Corporate Fixed Interest11.43%
4Global Government Fixed Interest8.22%
5French Corporate Fixed Interest5.07%
6Dutch Corporate Fixed Interest3.94%
7German Corporate Fixed Interest3.29%
8Italian Corporate Fixed Interest2%
9Australian Corporate Fixed Interest1.91%
Individual holdings
1UKT T BILL 10/168.09%
2UKT T BILL 11/165.03%
3INTERNATIONAL BANK FOR REC & DEV 1% BDS 28/12/16 GBP10003.31%
4TREASURY 1% GILT 07/09/17 GBP0.013.31%
5EIB FRN 2/173.29%
6UK RAIL 1.125% 12/162.43%
7BG ENERGY CAPITAL 5.125% NTS 07/12/17 GBP500002.15%
8ASIAN DEVELOPMENT BANK 1.5% NTS 15/12/17 GBP10002.05%
Management
Fund manager group
No data available.
Fund manager company
European Wealth Investments
Fund type
OEIC
Fund objective
The aim of the Fund is to provide investors with a considerably higher return than the yield available on cash deposits, combined with a cautious approach to volatility of returns. The investment objective is achieved through a conservatively managed portfolio of government, supra-national and corporate bonds together with liquid money market instruments. No investments are made in sub investment grade bonds.
Benchmark
  • LIBOR 3 month GBP
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Nigel Marsh24/01/2014Nigel Marsh became a member of the New Star fixed income team in 2004 when the funds that he managed were transferred from Pavilion to New Star. Prior to joining Pavilion as a fund manager in 2000, he spent 20 years working in investment banking, latterly with ABN Amro for 6 years. Nigel took charge of the New Star Money Market Unit Trust on 7 September 2007.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
European Wealth Sterling Bond A Acc
Initial charge1%
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.35%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price1.111
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKFI5
European Wealth Sterling Bond A Inc
Initial charge1%
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price0.918
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKFI6
European Wealth Sterling Bond B Acc
Initial charge1%
Annual charge0.25%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.3%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price1.051
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKFI7
European Wealth Sterling Bond B Inc
Initial charge1%
Annual charge0.25%
Min single investment£250,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price1.008
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKFP2
European Wealth Sterling Bond C Acc
Initial charge0.25%
Annual charge0.15%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price1.028
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK3YE
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.