Fact sheet: F&C Instl Lg Dtd Corp Bd

Fund information
Fund name
F&C Institutional Long Dated Corporate Bond 3 Gr Acc
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund manager
  • Rebecca Seabrooksince 08/11/2012
Fund objective
The Fund seeks to outperform the Merrill Lynch Sterling Non-Gilts Over 15 Years Index by 1% per annum gross of fees over rolling three-year periods. The Fund will invest predominantly in long dated corporate securities. Up to 30% of the Fund may be invested in long dated UK Government securities. Overseas securities will not exceed 30% of the Fund The Fund may also invest in money market instruments and units of collective investment schemes. The Fund may use derivatives for efficient portfolio management.
Benchmark
  • ML Sterling Non Gilt Over 15 years
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
12.5%
1 Year rank in sector
2/91
Sector
UT Sterling Corporate Bond
Yield
3.2%
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.
0.44%
Fund size
£44m (£45m 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.
69
Mid price
134.7
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond13.5%
F&C Instl Lg Dtd Corp Bd12.5%
Henderson Inst Long Dat Cr12.4%
Newton Long Corporate Bond12.4%
Insight UK Corp Lg Mat Bd11.5%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • International98.2%
    Money Market1.8%
    Not Specified0.1%
  • Corporate Bonds83.2%
    Government Bonds9.6%
    Fixed Interest5.4%
    Money Market1.8%
    Derivatives0.1%
  • Global Corporate Fixed Interest83.2%
    Global Government Fixed Interest9.6%
    Supranational Fixed Interest5.4%
    Money Market1.8%
    Foreign Exchange0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%-10.3%3.7%12.5%33.6%-
Sector-1.3%-4.6%2.5%6.7%17.5%35%
Rank within sector94 / 9792 / 948 / 942 / 912 / 87-
Quartile4th4th1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund13.2%-0.8%18.9%0.2%-
Sector7.3%-0.3%10.1%0.2%12.1%
Rank within sector3 / 9267 / 902 / 8749 / 78-
Quartile1st3rd1st3rd
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.
-0.6
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.
2.02
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.
0.59
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%.
10.87
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.
5.67
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.
0.78
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.
0.97
Price movement
52 week high151.2
52 week low118.4
Current bid price-
Current offer price-
Current mid price134.7
Region
1International98.17%
2Money Market1.76%
3Not Specified0.07%
Industry sector
1Corporate Bonds83.17%
2Government Bonds9.57%
3Fixed Interest5.43%
4Money Market1.76%
5Derivatives0.07%
Asset type
1Global Corporate Fixed Interest83.17%
2Global Government Fixed Interest9.57%
3Supranational Fixed Interest5.43%
4Money Market1.76%
5Foreign Exchange0.07%
Individual holdings
1TREASURY 4.25% GILT 07/12/55 GBP0.014.14%
2TREASURY 4.25% GILT 7/12/463.14%
3EUROPEAN INVESTMENT BANK 3.875% BDS 08/06/37 GBP10002.85%
4ELECTRICITE DE FRANCE 6% 23/01/21141.39%
5AT&T INC 4.25% BDS 01/06/43 GBP1000001.3%
6GROSVENOR UK FINANCE 6.5% DEB STK 29/9/2026 GBP11.13%
7ENEL FINANCE INT 5.75% BDS 14/09/40 GBP14000000001.12%
8PICTS 5.218% NTS 20/01/39 GBP10001.1%
9EUROPEAN INVESTMENT BANK 5.625% BDS 7/6/2032 GBP10001.07%
Management
Fund manager group
F&C
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund objective
The Fund seeks to outperform the Merrill Lynch Sterling Non-Gilts Over 15 Years Index by 1% per annum gross of fees over rolling three-year periods. The Fund will invest predominantly in long dated corporate securities. Up to 30% of the Fund may be invested in long dated UK Government securities. Overseas securities will not exceed 30% of the Fund The Fund may also invest in money market instruments and units of collective investment schemes. The Fund may use derivatives for efficient portfolio management.
Benchmark
  • ML Sterling Non Gilt Over 15 years
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Rebecca Seabrook08/11/2012Rebecca has over 14 years of investment experience and is co-Head of UK Credit. She joined F&C in 2001 from Rothschild Asset Management. Rebecca has a BA in Accounting and Finance from the University of Wales and is a member of UK Society of Investment Professionals.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
F&C Institutional Long Dated Corporate Bond 3 Gr Acc
Initial charge-
Annual charge0.35%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.7
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI04T
F&C Institutional Long Dated Corporate Bond 4 Gr Acc
Initial charge-
Annual charge-
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.6
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI04S
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.