Fact sheet: GS Strgc AbsRtn BdII Pfl

Fund information
Fund name
GS Strategic Absolute Return Bond II Portfolio R GBP Hedged
Fund manager company
Goldman Sachs
Fund type
Offshore Fund
Fund manager
  • Team Managedsince 28/06/2006
Fund objective
The Portfolio seeks to provide income and capital growth over the longer term. The Portfolio will mostly invest in publicly traded securities, currencies and financial derivative instruments, mostly in the global fixed income and currency markets. The Portfolio may invest in convertible (securities that can be converted into other type of securities). These convertibles may include contingent convertible bonds ("CoCos") of banks, finance and insurance companies which have a particular risk profile as set out below.
Benchmark
  • LIBOR 3 month GBP
Investment style
Absolute Return,Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
3.1%
1 Year rank in sector
-
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
£280m (£224m 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.
24
Top in this sector
Fund name1 Year
SW Mitchell Emerging European25%
Polar Capital UK Abs Eq23.3%
F&C Ml Strat Gbl Eq17%
SWMC UK14.4%
Pictet Scv II Dyn Ass Alloc14.3%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA80.9%
    Money Market18.4%
    Cayman Islands10%
    Sweden9.3%
    Czech Republic5.2%
  • Government Bonds39%
    Asset/Mortgage-Backed Securities37.3%
    Cash Funds9.6%
    Money Market8.8%
    Corporate Bonds3.9%
  • US Fixed Interest27%
    Japanese Government Fixed Interest25.5%
    Money Market18.4%
    American Emerging Fixed Interest10%
    US Government Fixed Interest8.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%0.3%1.6%3.1%-1%-
Sector-0%1%1%2.6%3.2%8.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0.3%1.5%-0%-2.3%6.4%
Sector1%0.7%0.7%1.2%3.6%
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.
-0.87
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.
0.9
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%.
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.
3.9
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.
-0.26
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.
0.15
Price movement
52 week high100.93
52 week low96.79
Current bid price-
Current offer price-
Current mid price98.63
Region
1USA80.87%
2Money Market18.4%
3Cayman Islands10.02%
4Sweden9.26%
5Czech Republic5.17%
6Poland5.17%
7Mexico4.58%
8Switzerland3.08%
9Brazil2.67%
Industry sector
1Government Bonds39.04%
2Asset/Mortgage-Backed Securities37.33%
3Cash Funds9.63%
4Money Market8.77%
5Corporate Bonds3.94%
6Local Government Bonds1.87%
7Mortgage & Secured Bonds0.36%
8Forwards0.2%
9Energy0.05%
Asset type
1US Fixed Interest27.01%
2Japanese Government Fixed Interest25.45%
3Money Market18.4%
4American Emerging Fixed Interest10.02%
5US Government Fixed Interest8.59%
6Mexican Government Fixed Interest5.51%
7US Corporate Fixed Interest2.79%
8Brazilian Government Fixed Interest0.6%
9American Emerging Government Fixed Interest0.55%
Individual holdings
1JAPAN(GOVERNMENT OF) 0% BDS 08/05/17 JPY10000000 66122.5%
2JAPAN(GOVERNMENT OF) ILN 10/03/26(CONSUMER PRICE)JPY1000002.7%
3MEXICO(UNITED MEXICAN STATES) 1.56% BDS 08/06/17 JPY100000001.95%
4FEDERAL HOME LOAN MORTGAGE 2013- 3.3% 25 JUL 20461.9%
5UNITED STATES OF AMER TREAS STRIP 0% STRIP 15/08/35 USD1000 INTEREST1.67%
6MEXICO(UNITED MEXICAN STATES) 0% BDS 16/03/17 MXN11.61%
7FEDERAL HOME LOAN A2 2012-K019 2.272% 25 MAR 20221.52%
8FHMS_K032 A21.52%
9UNITED STATES OF AMER TREAS NOTES 0.125% NTS 15/04/19 USD10001.52%
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 publicly traded securities, currencies and financial derivative instruments, mostly in the global fixed income and currency markets. The Portfolio may invest in convertible (securities that can be converted into other type of securities). These convertibles may include contingent convertible bonds ("CoCos") of banks, finance and insurance companies which have a particular risk profile as set out below.
Benchmark
  • LIBOR 3 month GBP
Investment style
Absolute Return,Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Team Managed28/06/2006
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant, 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, Poland, Portugal, Singapore, Sweden
GS Strategic Absolute Return Bond II Portfolio A
Initial charge4%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price105.13
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY464
GS Strategic Absolute Return Bond II Portfolio Base
Initial charge5.5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price101.03
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY463
GS Strategic Absolute Return Bond II Portfolio Base Acc
Initial charge5.5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price122.72
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY461
GS Strategic Absolute Return Bond II Portfolio Base Acc EUR Hedged
Initial charge5.5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price119.52
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeY462
GS Strategic Absolute Return Bond II Portfolio E Acc EUR Hedged
Initial charge4%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price110.63
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC2W3
GS Strategic Absolute Return Bond II Portfolio I Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price130.43
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY458
GS Strategic Absolute Return Bond II Portfolio I Acc EUR Hedged
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price127.99
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeY465
GS Strategic Absolute Return Bond II Portfolio I Flat Acc GBP Hedged
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price101.54
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC23Y
GS Strategic Absolute Return Bond II Portfolio IO Acc GBP Hedged
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price135.18
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDTZ4
GS Strategic Absolute Return Bond II Portfolio IO GBP Hedged
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price115.75
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeDXE8
GS Strategic Absolute Return Bond II Portfolio Other Currency EUR Hedged
Initial charge5.5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price98.95
CurrencyEUR
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY459
GS Strategic Absolute Return Bond II Portfolio Other Currency GBP Hedged
Initial charge5.5%
Annual charge1%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price103.58
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeY460
GS Strategic Absolute Return Bond II Portfolio R
Initial charge5.5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price99.03
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4KJ
GS Strategic Absolute Return Bond II Portfolio R Acc
Initial charge5.5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price106.96
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4KK
GS Strategic Absolute Return Bond II Portfolio R Acc EUR Hedged
Initial charge5.5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price104.25
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4DI
GS Strategic Absolute Return Bond II Portfolio R GBP Hedged
Initial charge5.5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price98.63
CurrencyGBP
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4DK
Data provided by

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