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 (£0m last year)
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn23%
OMW IPL 2035 Idx Lkd Gilt Pn20%
Scot Eq AegonIntcEgMtsLclCrDtPn19.7%
FL MyM HBP Blended Bnd Pn19.2%
Zurich L&G PreRtrmnt Infln Lkd18.8%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Money Market53.2%
    UK16.1%
    Japan10%
    Ireland9.3%
    Europe6.1%
  • BB32.2%
    B25.3%
    Money Market16.8%
    BBB15.7%
    AAA6.4%
  • Money Market66.4%
    UK Fixed Interest17.4%
    Japanese Fixed Interest9.8%
    Irish Fixed Interest9.3%
    Canadian Fixed Interest5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%0.2%-1.4%---
Sector-0.5%1.3%-2.7%9.2%19.1%21.6%
Rank within sector103 / 14393 / 14152 / 141---
Quartile3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-1.9%----
Sector0.2%14.1%-0.3%6.1%-3.6%
Rank within sector108 / 141----
Quartile4th
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 high107.2
52 week low98.5
Current bid price-
Current offer price-
Current mid price102.3
Region
1Money Market53.23%
2UK16.09%
3Japan9.95%
4Ireland9.26%
5Europe6.11%
6Canada5.1%
7Netherlands4.7%
8Italy4.68%
9Luxembourg4.37%
Industry sector
1BB32.22%
2B25.28%
3Money Market16.75%
4BBB15.7%
5AAA6.44%
6A3.44%
7CCC0.16%
Asset type
1Money Market66.39%
2UK Fixed Interest17.36%
3Japanese Fixed Interest9.81%
4Irish Fixed Interest9.26%
5Canadian Fixed Interest5.1%
6Dutch Fixed Interest4.7%
7Italian Fixed Interest4.68%
8Luxembourg Fixed Interest4.37%
9French Fixed Interest3.33%
Individual holdings
1US TREASURY NOTE 2.00% 15/11/264.34%
2BOMBARDIER INC 8.75% BDS 01/12/2021 USD20003.71%
3RBS 03/25/24 EUR3.03%
4Bankia 4% 22/05/20242.43%
5UNICREDIT SPA 6.375% BDS 02/05/23 USD2000002.3%
6US TIPS 0.375% 01/15/272.25%
7INTESA SANPAOLO SPA 5.017% BDS 26/06/24 USD200000 144A2.09%
8NEMEAN BONDCO PLC 7.375% BDS 01/02/24 GBP 1000002.06%
9GOV & CO PERP EUR1.9%
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 'Dickie' Hodges has 28 years of investment experience and has been with Nomura since 2014.
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 price102.3
CurrencyGBX
Price updated27/04/2017
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 price101.76
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN2KN
Data provided by

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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.