Fact sheet: F&C Resp Stg Bd

Fund information
Fund name
F&C Responsible Sterling Bond C Inc
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund managers
  • Andrew Brownsince 30/09/2007
  • Rebecca Seabrooksince 30/09/2007
Fund objective
The fund aims to maximise returns through investment primarily in fixed interest securities of an ethically screened and diversified universe of companies. The Fund will invest in investment grade and high yield securities. Government securities are generally excluded. The Fund may also invest in warrants, collective investment schemes, money market instruments and derivatives. Non-sterling denominated issues and any currency exposure will normally be hedged back to sterling. To manage risk the Fund will aim to achieve a wide degree of diversification and adopt a rigorous credit management process.
Benchmark
  • Markit iBoxx Sterling Non Gilts
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.8%
1 Year rank in sector
55/91
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.
0.58%
Fund size
£119m (£108m 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.
34
Mid price
53.82
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond11.8%
F&C Instl Lg Dtd Corp Bd10.8%
Henderson Inst Long Dat Cr10.6%
Newton Long Corporate Bond10.4%
Blackrock InstBdOver10YrCorp9.8%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK97.7%
    Money Market2.3%
  • Banks20.3%
    Fixed Interest14.5%
    Mortgage & Secured Bonds14%
    Utilities12.8%
    Insurance8.9%
  • UK Fixed Interest97.7%
    Money Market2.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-5.4%2.1%5.8%16.5%35.6%
Sector-1.4%-5%2.9%5.9%16.4%35.1%
Rank within sector66 / 9751 / 9468 / 9455 / 9151 / 8645 / 71
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.6%-0.4%10.9%-0.6%12.6%
Sector6.9%-0.3%10.1%0.2%12.1%
Rank within sector53 / 9256 / 9035 / 8764 / 7842 / 71
Quartile3rd3rd2nd4th3rd
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.
-0.1
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.
1.05
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.
0.34
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%.
5.59
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.
0.78
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.
0.16
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.
0.98
Price movement
52 week high57.88
52 week low51.34
Current bid price-
Current offer price-
Current mid price53.82
Region
1UK97.7%
2Money Market2.3%
Industry sector
1Banks20.32%
2Fixed Interest14.46%
3Mortgage & Secured Bonds13.97%
4Utilities12.8%
5Insurance8.89%
6Others7.03%
7Consumer Goods6.45%
8Non-Cyclical Goods4.98%
9Telecommunications4.89%
Asset type
1UK Fixed Interest97.7%
2Money Market2.3%
Individual holdings
1KFW INTERNATIONAL FINANCE INC 6% NOTES 7/12/2028 GBP(VAR)3.4%
2EUROPEAN INVESTMENT BANK 3.875% BDS 08/06/37 GBP10003.1%
3EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10002.5%
4KREDITANSTALT FUER WIEDERAUFBAU KFW 5.75% BDS 7/6/2032 GBP10002.1%
5ELECTRICITE DE FRANCE 2.25%/13-27.04.20211.2%
6NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500001.1%
7ASML HOLDING NV 3.375% BDS 19/09/23 EUR1000000.9%
8HSBC HLDGS 7% SUBORD NTS 07/04/38 GBP500000.9%
9TELEFONICA EMISIONES SAU 5.597% NTS 12/03/20 GBP10000.9%
Management
Fund manager group
F&C
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund objective
The fund aims to maximise returns through investment primarily in fixed interest securities of an ethically screened and diversified universe of companies. The Fund will invest in investment grade and high yield securities. Government securities are generally excluded. The Fund may also invest in warrants, collective investment schemes, money market instruments and derivatives. Non-sterling denominated issues and any currency exposure will normally be hedged back to sterling. To manage risk the Fund will aim to achieve a wide degree of diversification and adopt a rigorous credit management process.
Benchmark
  • Markit iBoxx Sterling Non Gilts
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Andrew Brown30/09/2007Andrew Brown is a Fund Manager within the Credit team. He joined BMO Global Asset Management in 2006. Prior to this, he worked for M&G Investment Management as a Credit Analyst. Andrew holds an MSc in Investment Analysis from the University of Stirling and an MA in Economics from the University of Edinburgh, and is an Associate of the CFA Society of the UK. Andrew Brown is a Fund Manager within the Credit team. He joined BMO Global Asset Management in 2006. Prior to this, he worked for M&G Investment Management as a Credit Analyst. Andrew holds an MSc in Investment Analysis from the University of Stirling and an MA in Economics from the University of Edinburgh, and is an Associate of the CFA Society of the UK.
Rebecca Seabrook30/09/2007Rebecca 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, Ireland
F&C Responsible Sterling Bond 1 Inc
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.1
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA6B2
F&C Responsible Sterling Bond 2 Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.5
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA6B3
F&C Responsible Sterling Bond 4 Gr Acc
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price47.23
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNC9U
F&C Responsible Sterling Bond C Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.82
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGRGR
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.