Fact sheet: Fulcrum FxdInc Abs Ret

Fund information
Fund name
Fulcrum Fixed Income Absolute Ret I USD
Fund manager company
Fulcrum Asset Management
Fund type
Offshore Fund
Fund manager
  • Fulcrum Investment Teamsince 29/10/2010
Fund objective
The investment objective of the Fund is to achieve positive returns over the medium to long term, by investing in a broad range of global debt instruments. The Fund will gain exposure to global government bond markets in both developed and developing markets. The management of the Fund is discretionary, using a comprehensive range of statistical and economic research inputs and models. The Fund will invest in a broad range of debt investments which may be fixed or floating rate. This may include both investment grade and high yield credit assets. Derivative instruments including futures, swaps, options and currency forwards may be used. The Fund employs several complementary risk management techniques in order to limit the potential for significant drawdowns. These techniques include, but are not restricted to, diversification, stop loss and trade re-entry strategies, position sizing, value at risk limits and option overlays.
Benchmark
No data available.
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-2.1%
1 Year rank in sector
99/128
Sector
FO Absolute Return
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.
0.75%
Fund size
£205m (£269m 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.
11
Top in this sector
Fund name1 Year
SW Mitchell Emerging European20.1%
Pioneer SICV-AbsRetBd13.8%
BlackRock SFAmDfEAbslRn13%
Polar Capital UK Abs Eq12.7%
Allianz Gbl Strat11.8%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.5%-0.1%-2.1%-3.8%4.6%
Sector0.1%1.5%1.5%0.8%3.9%10.7%
Rank within sector86 / 13994 / 138102 / 13699 / 12869 / 7847 / 60
Quartile3rd3rd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-1%-3.3%0.2%1.8%6.7%
Sector0.5%0.7%1.2%3.6%3.9%
Rank within sector87 / 13299 / 11657 / 8845 / 7118 / 62
Quartile3rd4th3rd3rd2nd
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.
-1.61
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.
0.36
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
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%.
1.82
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.
2.07
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.
-1.22
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.
0.14
Price movement
52 week high108.02
52 week low104.92
Current bid price-
Current offer price-
Current mid price105.6
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Fulcrum Asset Management
Fund manager company
Fulcrum Asset Management
Fund type
Offshore Fund
Fund objective
The investment objective of the Fund is to achieve positive returns over the medium to long term, by investing in a broad range of global debt instruments. The Fund will gain exposure to global government bond markets in both developed and developing markets. The management of the Fund is discretionary, using a comprehensive range of statistical and economic research inputs and models. The Fund will invest in a broad range of debt investments which may be fixed or floating rate. This may include both investment grade and high yield credit assets. Derivative instruments including futures, swaps, options and currency forwards may be used. The Fund employs several complementary risk management techniques in order to limit the potential for significant drawdowns. These techniques include, but are not restricted to, diversification, stop loss and trade re-entry strategies, position sizing, value at risk limits and option overlays.
Benchmark
No data available.
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Fulcrum Investment Team29/10/2010
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Ireland, Italy, Luxembourg, Offshore
Fulcrum Fixed Income Absolute Ret B GBP
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 price94.6237
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0WA
Fulcrum Fixed Income Absolute Ret B USD
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 price94.9
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0VZ
Fulcrum Fixed Income Absolute Ret I EUR
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price103.2131
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG38L
Fulcrum Fixed Income Absolute Ret I GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price105.4777
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG38M
Fulcrum Fixed Income Absolute Ret I USD
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price105.6018
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG38N
Data provided by

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