Fact sheet: FL Nomura Gbl Dynm Bd Pn

Fund information
Fund name
FL Nomura Global Dynamic Bond Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Richard Hodgessince 30/01/2015
Underlying fund
Nomura Gbl Dynamic Bd
Fund objective
Nomura state that the objective of this fund is to provide a combination of income and growth through investing principally in debt securities with fixed or variable rates of income.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Global Fixed Interest
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond28.9%
Baillie Gifford Emerg Mrkts Bd Pn26.7%
Pru Intnl Bd Pn25.9%
M&G PP International Bond Pn25.7%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Money Market71.9%
    UK24.2%
    Japan7.8%
    Italy7.1%
    Netherlands6.8%
  • BB32.7%
    Money Market22.7%
    B20.1%
    BBB12.8%
    AAA4.8%
  • Money Market81.6%
    UK Fixed Interest29.3%
    Japanese Fixed Interest7.4%
    Italian Fixed Interest7.1%
    Dutch Fixed Interest6.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-----
Sector-3.3%-2.2%5.6%12.8%18.2%19.5%
Rank within sector25 / 144-----
Quartile1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector12.7%-0.3%6.1%-3.6%3%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high104.1
52 week low98.5
Current bid price-
Current offer price-
Current mid price99.9
Region
1Money Market71.94%
2UK24.2%
3Japan7.79%
4Italy7.08%
5Netherlands6.82%
6Ireland6.25%
7Jersey5.5%
8Australia4.64%
9France4.48%
Industry sector
1BB32.71%
2Money Market22.66%
3B20.09%
4BBB12.82%
5AAA4.77%
6A3.5%
7AA3.28%
8CCC0.18%
Asset type
1Money Market81.62%
2UK Fixed Interest29.3%
3Japanese Fixed Interest7.42%
4Italian Fixed Interest7.08%
5Dutch Fixed Interest6.82%
6Irish Fixed Interest6.25%
7French Fixed Interest4.48%
8Australian Fixed Interest4.21%
9Spanish Fixed Interest4.06%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1004.78%
2ROYAL BANK OF SCOTLAND GROUP PLC 3.625% SUB MTN 25/03/24 EUR100000 T23.22%
3STANDARD CHARTERED BANK CALL FXD TO FX RTE SUB NTS 21/10/25 EUR2.68%
4BANKIA SA 4% MTN 22/05/24 EUR1000002.61%
5CASINO GUICHARD-PERRACHON 4.87% BDS 31/01/49 EUR1000002.51%
6PETROBRAS GLOBAL FINANCE BV 3.25% NTS 01/04/19 EUR10002.3%
7BANK OF IRELAND(GOVERNOR & CO OF) 4.25% MTN 11/06/24 EUR1000002.28%
8DIAMOND 1 FIN/DIAMOND 2 8.35% BDS 15/07/46 USD1000 REG S2.17%
9ZINC CAPITAL SA 8.875% NTS 15/05/18 EUR1000 REG S1.99%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Nomura state that the objective of this fund is to provide a combination of income and growth through investing principally in debt securities with fixed or variable rates of income.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Richard Hodges30/01/2015Richard joined Nomura Asset Management UK in November 2014 as Head of Unconstrained Fixed Income. He will shortly launch and manage the Nomura Global Dynamic Bond Fund, which aims to provide a total return, both capital and income by investing in the full global spectrum of fixed income instruments while maintaining dynamic risk management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL Nomura Global Dynamic Bond Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2KM
FL Nomura Global Dynamic Bond Pn Inet
Initial charge-
Annual charge0.99%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price99.74
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2KN
Data provided by

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