Fact sheet: FP Shkman HiYiEur+

Fund information
Fund name
FP Shenkman High Yield Europe Plus A Inc EUR
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund managers
  • Curt Schiblisince 22/06/1999
  • Jonathan Goblesince 31/07/2007
Fund objective
The Fund’s investment objective is to achieve primarily a high level of income and in addition capital appreciation through investment in a broad range of securities, including those listed on the eligible markets as listed in Appendix 1 and such securities that are not “approved securities” to the extent permitted by the FCA Rules.
Benchmark
  • BofA Merrill Lynch European Curr Non-Fin High Yld 3% Constrained (HPID)–Euro hgd
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
4.2%
1 Year rank in sector
44/68
Sector
UT Global Bonds
Yield
-
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.
1.02%
Fund size
£64m (£129m 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.
66
Mid price
65.7
Top in this sector
Fund name1 Year
M&G Global gvt bnd28.8%
Aberdeen World Gov Bd24.9%
Scot Wid Overseas FxIn Trk24.4%
Threadneedle EurpHdBd24.4%
BlackRock OseaCorBdTrk24%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • Europe96.5%
    Money Market3.6%
    Not Specified-0.1%
  • Fixed Interest96.5%
    Money Market3.6%
    Forwards-0.1%
  • European Fixed Interest96.5%
    Money Market3.6%
    Forwards-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-0.8%2.1%4.2%11%41.5%
Sector-3.6%-1.8%5.8%11.7%13.1%19.7%
Rank within sector10 / 6921 / 7046 / 7044 / 6835 / 586 / 48
Quartile1st2nd3rd3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.1%1.7%2.9%8.3%17%
Sector11%-1.3%3.8%-2%6.1%
Rank within sector43 / 6810 / 6242 / 593 / 565 / 48
Quartile3rd1st3rd1st1st
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.
4.02
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.
-0.01
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.
0.08
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%.
4.23
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.
7.17
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.
-0.38
Price movement
52 week high66.37
52 week low60.05
Current bid price-
Current offer price-
Current mid price65.7
Region
1Europe96.46%
2Money Market3.61%
3Not Specified-0.07%
Industry sector
1Fixed Interest96.46%
2Money Market3.61%
3Forwards-0.07%
Asset type
1European Fixed Interest96.46%
2Money Market3.61%
3Forwards-0.07%
Individual holdings
1ELIS 3% BDS 30/04/22 EUR1000001.88%
2EUROPCAR GROUPE 5.75% BDS 15/06/22 EUR1000001.88%
3WEPA HYGIENEPRODUKTE GMB 6.5% MTN 15/05/20 EUR100000 REG S1.88%
4GRUPO ANTOLIN DUTCH BV 5.125% BDS 30/06/22 EUR100000 144A1.82%
5LINCOLN FINANCE LTD 6.875% BDS 15/04/21 EUR100001.82%
6UNITYMEDIA HESSEN / NRW 6.25% BDS 15/01/29 EUR10001.82%
7GRAINGER PLC 5% BDS 16/12/20 GBP1000001.58%
8RPG BYTY SRO 6.75% BDS 01/05/20 EUR1000001.53%
9LOXAM SAS 4.875% BDS 23/07/21 EUR100000 144A1.52%
Management
Fund manager group
IFDS Managers
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund objective
The Fund’s investment objective is to achieve primarily a high level of income and in addition capital appreciation through investment in a broad range of securities, including those listed on the eligible markets as listed in Appendix 1 and such securities that are not “approved securities” to the extent permitted by the FCA Rules.
Benchmark
  • BofA Merrill Lynch European Curr Non-Fin High Yld 3% Constrained (HPID)–Euro hgd
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Curt Schibli22/06/1999Curt Schibli is responsible for European and Global high yield portfolios. Mr. Schibli has managed, since inception, the Brookfield High Yield Europe Plus Fund. He oversees the firm’s European high yield investment strategy and co-manages the Brookfield Global High Yield Fund. He has 26 years of finance and investment experience in Continental Europe, UK and US to his role. Mr. Schibli received a Bachelor of Arts degree in International Relations from Boston University and holds the Chartered Financial Analyst designation.
Jonathan Goble31/07/2007Mr. Goble is Head of Research for the European High Yield team. He brings 29 years of investment analysis and research experience to his role. In previous roles, Mr. Goble was an "Extel" ranked sell-side equity analyst. He holds a Bachelor of Science (Hons) in Engineering Science from the University of Exeter.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom
FP Shenkman High Yield Europe Plus A Acc EUR
Initial charge2%
Annual charge0.75%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price137.52
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIOK4
FP Shenkman High Yield Europe Plus A Inc EUR
Initial charge2%
Annual charge0.75%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price65.7
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codePL73
FP Shenkman High Yield Europe Plus B Inc EUR
Initial charge2%
Annual charge1.5%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price97.37
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMLQ3
Data provided by

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