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 27/06/2006
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
-0.3%
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
£287m (£295m 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
Pioneer SICV-AbsRetBd17.9%
Polar Capital UK Abs Eq10.3%
SW Mitchell Emerging European9.6%
Orbis Optimal SA9.4%
Orbis Optimal USD9.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA79%
    Sweden15.7%
    Cayman Islands10.1%
    Mexico8.9%
    Poland7.4%
  • Government Bonds52%
    Asset/Mortgage-Backed Securities36.3%
    Money Market5.3%
    Corporate Bonds3.9%
    Local Government Bonds1.9%
  • Japanese Government Fixed Interest26.1%
    US Fixed Interest25.7%
    US Government Fixed Interest21.2%
    American Emerging Fixed Interest10.1%
    Money Market5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%0.3%0.9%-0.3%-0.5%-
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund0.4%-0%-2.3%6.4%-
Sector0.1%0.7%1.2%3.6%3.9%
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.
-0.73
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.
0.87
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%.
4.26
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.
3.96
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.
-0.24
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.
0.13
Price movement
52 week high103.11
52 week low95.47
Current bid price-
Current offer price-
Current mid price99.94
Region
1USA78.98%
2Sweden15.65%
3Cayman Islands10.08%
4Mexico8.91%
5Poland7.36%
6Money Market5.3%
7Malaysia4.38%
8UK3.63%
9Czech Republic2.38%
Industry sector
1Government Bonds52.01%
2Asset/Mortgage-Backed Securities36.26%
3Money Market5.3%
4Corporate Bonds3.94%
5Local Government Bonds1.89%
6Forwards1.17%
7Mortgage & Secured Bonds0.34%
8Futures-
9Derivatives-0.92%
Asset type
1Japanese Government Fixed Interest26.08%
2US Fixed Interest25.7%
3US Government Fixed Interest21.23%
4American Emerging Fixed Interest10.08%
5Money Market5.3%
6UK Gilts4.44%
7US Corporate Fixed Interest2.2%
8Mexican Government Fixed Interest0.69%
9American Emerging Government Fixed Interest0.53%
Individual holdings
1JAPANESE GOVT T-BILL #642 06 FEB 201723.06%
2UNITED STATES OF AMER TREAS NOTES 1.125% BDS 31/10/21 USD1005.33%
3UK TREASURY STRIP UK 4.25% TREASURY STRIP 7/3/36 PRNCPAL4.44%
4JAPAN(GOVERNMENT OF) ILN 10/03/26(CONSUMER PRICE)JPY1000002.76%
5US TII 0.375% 15/07/20252.4%
6UNITED STATES OF AMER TREAS NOTES 0.125% TB 15/07/24 USD10002.09%
7FEDERAL HOME LOAN MORTGAGE 2013- 3.3% 25 JUL 20461.89%
8US GOVT TIPS 2.375% 15/01/20171.6%
9UNITED STATES OF AMER TREAS BONDS 0.625% BDS 31/07/18 USD1001.58%
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 Managed27/06/2006
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)1.54%
Bid price-
Offer price-
Mid price105.49
CurrencyUSD
Price updated01/12/2016
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)1.44%
Bid price-
Offer price-
Mid price101.55
CurrencyUSD
Price updated01/12/2016
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)1.56%
Bid price-
Offer price-
Mid price120.96
CurrencyUSD
Price updated01/12/2016
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)1.29%
Bid price-
Offer price-
Mid price118.43
CurrencyEUR
Price updated01/12/2016
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 price109.79
CurrencyEUR
Price updated01/12/2016
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)0.79%
Bid price-
Offer price-
Mid price128.46
CurrencyUSD
Price updated01/12/2016
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)1.19%
Bid price-
Offer price-
Mid price126.59
CurrencyEUR
Price updated01/12/2016
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)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price100.26
CurrencyGBP
Price updated01/12/2016
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 price133.07
CurrencyGBP
Price updated01/12/2016
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 price117.83
CurrencyGBP
Price updated01/12/2016
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 price100.09
CurrencyEUR
Price updated01/12/2016
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 price104.54
CurrencyGBP
Price updated01/12/2016
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 price99.89
CurrencyUSD
Price updated01/12/2016
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 price105.27
CurrencyUSD
Price updated01/12/2016
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 price103.14
CurrencyEUR
Price updated01/12/2016
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 price99.94
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4DK
Data provided by

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