Fact sheet: GS Eur ShtDur Bd PlsPfl

Fund information
Fund name
GS Euro Short Duration Bond Plus Portfolio R Acc
Fund manager company
Goldman Sachs
Fund type
Offshore Fund
Fund manager
  • Team Managedsince 15/01/2014
Fund objective
The Portfolio seeks to provide income and capital growth over the longer term. The Portfolio will mostly invest in investment grade (or equivalent) short-term fixed and floating rate debt securities of any type of issuer denominated in Euro. The Portfolio may also invest in non-Euro denominated securities (and investment techniques may be used to attempt to reduce the risk of currency movements against the Euro), below investment grade (high yield) and emerging markets securities.
Benchmark
  • Bloomberg Barclays Euro Aggregate 500mm 1-3 years
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
-
Sector
FO Fixed Int - EUR Short/ Medium Maturity
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.
0.45%
Fund size
£65m (£20m 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.
61
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Petercam L Bds EUR HiYldShtTm5.7%
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...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • Italy21.6%
    EU14.5%
    Spain12.4%
    UK9%
    Cayman Islands6.7%
  • Corporate Bonds36.4%
    Government Bonds28.4%
    Asset/Mortgage-Backed Securities14.3%
    Government Agency Bonds8.5%
    Mortgage & Secured Bonds4.8%
  • Italian Government Fixed Interest17.4%
    Spanish Government Fixed Interest8.6%
    UK Corporate Fixed Interest7.2%
    US Corporate Fixed Interest6.8%
    American Emerging Fixed Interest6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.9%1%2%--
Sector0%0.5%0.9%1.9%5.7%12.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund1.2%1.2%---
Sector1.4%0.2%3.4%1%5.3%
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 high10.39
52 week low10.19
Current bid price-
Current offer price-
Current mid price10.38
Region
1Italy21.57%
2EU14.46%
3Spain12.4%
4UK9.04%
5Cayman Islands6.74%
6Netherlands6.17%
7France4.23%
8International4.19%
9Germany4.09%
Industry sector
1Corporate Bonds36.43%
2Government Bonds28.36%
3Asset/Mortgage-Backed Securities14.3%
4Government Agency Bonds8.51%
5Mortgage & Secured Bonds4.84%
6Fixed Interest4.19%
7Money Market2.39%
8Cash Funds1.03%
9Forwards0.1%
Asset type
1Italian Government Fixed Interest17.43%
2Spanish Government Fixed Interest8.64%
3UK Corporate Fixed Interest7.24%
4US Corporate Fixed Interest6.77%
5American Emerging Fixed Interest6.74%
6US Fixed Interest5.92%
7Dutch Government Fixed Interest4.7%
8Supranational Fixed Interest4.19%
9Italian Corporate Fixed Interest4.14%
Individual holdings
1ITALY(REPUBLIC OF) 1.15% BDS 15/05/17 EUR10008.67%
2ITALY(REPUBLIC OF) 0.3% BDS 15/10/18 EUR10004.93%
3SPAIN(KINGDOM OF) 0.5% BDS 31/10/17 EUR10004.67%
4BANK NEDERLANDSE GEMEENTEN 1.5% MTN 15/04/20 EUR10003.65%
5EUROPEAN INVESTMENT BANK 2.5% MTN 16/09/19 EUR10002.39%
6SLM STUDENT LOAN TRUST 2007-1 FRN 26/01/26 USD12.38%
7ITALY(REPUBLIC OF) 3.5% NTS 01/12/18 EUR10002.37%
8APIDOS CLO X/LLC FRN 30/10/22 USD500000 A2%
9KREDITANSTALT FUER WIEDERAUFBAU KFW 0% BDS 07/12/18 EUR10001.95%
Management
Fund manager group
Goldman Sachs
Fund manager company
Goldman Sachs
Fund type
Offshore Fund
Fund objective
The Portfolio seeks to provide income and capital growth over the longer term. The Portfolio will mostly invest in investment grade (or equivalent) short-term fixed and floating rate debt securities of any type of issuer denominated in Euro. The Portfolio may also invest in non-Euro denominated securities (and investment techniques may be used to attempt to reduce the risk of currency movements against the Euro), below investment grade (high yield) and emerging markets securities.
Benchmark
  • Bloomberg Barclays Euro Aggregate 500mm 1-3 years
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Team Managed15/01/2014
Compliance
Transparent for Austrian Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
GS Euro Short Duration Bond Plus Portfolio Base
Initial charge5.5%
Annual charge0.6%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.23
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFGBV
GS Euro Short Duration Bond Plus Portfolio Base Acc
Initial charge5.5%
Annual charge0.6%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.28
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGBW
GS Euro Short Duration Bond Plus Portfolio E Acc
Initial charge4%
Annual charge0.6%
Min single investment£1,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price10.21
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGBX
GS Euro Short Duration Bond Plus Portfolio I
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price10.26
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFGBZ
GS Euro Short Duration Bond Plus Portfolio I Acc
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price10.39
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGBY
GS Euro Short Duration Bond Plus Portfolio P
Initial charge-
Annual charge0.35%
Min single investment£50,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price10.18
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFJUQ
GS Euro Short Duration Bond Plus Portfolio P Acc
Initial charge-
Annual charge0.35%
Min single investment£50,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price10.28
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJUR
GS Euro Short Duration Bond Plus Portfolio R
Initial charge5.5%
Annual charge0.25%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price10.25
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFGCA
GS Euro Short Duration Bond Plus Portfolio R Acc
Initial charge5.5%
Annual charge0.25%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price10.38
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGCB
Data provided by

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