Fact sheet: FL Newton International Bd Pn

Fund information
Fund name
FL Newton International Bond Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Paul Brainsince 01/12/2008
Underlying fund
Newton Internat Bd
Fund objective
Newton, (a BNY Mellon company), state that the objective of the fund is to maximise the total return from income and capital growth in global bond markets through investment predominantly in government and other public securities, forward transactions and collective investment schemes. The fund invests primarily in investment grade government securities of any duration from anywhere in the world. The fund may also invest in deposits, derivative instruments, forward transactions and collective investment schemes. The fund may invest significantly in cash and cash-like investments. Derivatives may be used for investment purposes as well as for efficient portfolio management.
Benchmark
  • JP Morgan Global Government Bond index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.8%
1 Year rank in sector
23/132
Sector
PN Global Fixed Interest
Yield
-
Fund size
£0m (£0m 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.
101
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn32.5%
Scot Eq AegonIntcEgMtsLclCrDtPn28.7%
Scot Eq Broker AMR Managed Pn25.2%
OMW M&G Glbl Government Bond23.8%
OMW M&G Global Macro Bd22.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA26%
    International8.6%
    France6.8%
    Italy6.3%
    UK6.3%
  • Government Bonds50.3%
    Government Agency Bonds12%
    Floating Rate Notes11.9%
    Government Index Linked9%
    Government Guaranteed7.6%
  • US Fixed Interest26%
    Global Fixed Interest8.6%
    French Fixed Interest6.8%
    Italian Fixed Interest6.3%
    UK Fixed Interest6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-2.4%-4.9%14.8%31.6%24.5%
Sector-1.1%0.1%-2.6%10.8%19.7%19%
Rank within sector88 / 144112 / 14485 / 14023 / 13213 / 11122 / 93
Quartile3rd4th3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%23.6%1.2%6.7%-7.3%
Sector-0.3%14.1%-0.3%6.1%-3.6%
Rank within sector89 / 14417 / 13042 / 12232 / 11079 / 104
Quartile3rd1st2nd2nd4th
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.
-1.07
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.
1.75
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.
0.52
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%.
10.96
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.
5.6
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.
0.55
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.
0.89
Price movement
52 week high237.8
52 week low191.5
Current bid price-
Current offer price-
Current mid price219.7
Region
1USA25.97%
2International8.62%
3France6.81%
4Italy6.32%
5UK6.3%
6Germany5.41%
7Spain4.89%
8Japan4.39%
9Australia4.1%
Industry sector
1Government Bonds50.34%
2Government Agency Bonds11.99%
3Floating Rate Notes11.94%
4Government Index Linked8.99%
5Government Guaranteed7.63%
6Others5.9%
7Money Market3.21%
Asset type
1US Fixed Interest25.97%
2Global Fixed Interest8.62%
3French Fixed Interest6.81%
4Italian Fixed Interest6.32%
5UK Fixed Interest6.3%
6German Fixed Interest5.41%
7Spanish Fixed Interest4.89%
8Japanese Fixed Interest4.39%
9Australian Fixed Interest4.1%
Individual holdings
1USA TREASURY NOTES 1.625% 15/08/2022 USD1007.08%
2USA TREASURY NOTES 2% 15/02/2025 USD1006.15%
3USA TREASURY NOTES 0.125% TII 15/04/2020 USD1004.36%
4SPAIN(KINGDOM OF) 5.9% BDS 30/07/26 EUR10003.46%
5UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/05/43 USD10003.21%
6ITALY(REPUBLIC OF) 6.5% TREAS BDS 1/11/2027 EUR0.012.86%
7UNITED STATES OF AMER TREAS BONDS 2.375% BDS 15/1/25 USD10002.8%
8INTERAMERICAN DEVELOPMENT BANK FRN 12/09/2018 USD2.23%
9UNITED STATES OF AMER TREAS BONDS 3% TB 15/11/45 USD1002.14%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Newton, (a BNY Mellon company), state that the objective of the fund is to maximise the total return from income and capital growth in global bond markets through investment predominantly in government and other public securities, forward transactions and collective investment schemes. The fund invests primarily in investment grade government securities of any duration from anywhere in the world. The fund may also invest in deposits, derivative instruments, forward transactions and collective investment schemes. The fund may invest significantly in cash and cash-like investments. Derivatives may be used for investment purposes as well as for efficient portfolio management.
Benchmark
  • JP Morgan Global Government Bond index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Paul Brain01/12/2008Paul is investment leader of the fixed income team. He joined Newton in 2004, and manages a range of global bond funds. He is also the lead manager of Newton’s Global Dynamic Bond strategy. Paul is chairman of the bond/ FX strategy group, and a member of the global strategy group and the investment committee. Paul has held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse.10 years at Newton and 31 years investment experience
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Newton International Bond Pn
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price219.7
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO940
FL Newton International Bond Pn Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price195
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO882
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.