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
2.8%
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
£278m (£308m 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 European40.9%
F&C Ml Strat Gbl Eq20.1%
Pictet Scv II Dyn Ass Alloc18.1%
Maya14.4%
Pioneer SICV-AbsRetBd12.1%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA107.1%
    Sweden12.1%
    Cayman Islands10.2%
    Money Market6.8%
    Poland4.7%
  • Government Bonds47.8%
    Asset/Mortgage-Backed Securities34.6%
    Forwards4.5%
    Money Market4.1%
    Corporate Bonds3.5%
  • US Fixed Interest24.2%
    Japanese Government Fixed Interest24.1%
    US Government Fixed Interest16.5%
    American Emerging Fixed Interest10.2%
    Mexican Government Fixed Interest7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.6%2.7%2.8%-0.8%-
Sector0.5%0.5%1.2%1.9%2.5%10.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0%1.5%-0%-2.3%6.4%
Sector0.4%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.
-0.93
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.
0.86
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.
3.91
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.
-0.29
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 high100.93
52 week low95.47
Current bid price-
Current offer price-
Current mid price98.4
Region
1USA107.1%
2Sweden12.1%
3Cayman Islands10.2%
4Money Market6.82%
5Poland4.75%
6Mexico3.24%
7Czech Republic2.9%
8Norway2.58%
9Switzerland1.5%
Industry sector
1Government Bonds47.81%
2Asset/Mortgage-Backed Securities34.64%
3Forwards4.48%
4Money Market4.12%
5Corporate Bonds3.46%
6Cash Funds2.7%
7Mortgage & Secured Bonds2.34%
8Local Government Bonds1.83%
9Futures-
Asset type
1US Fixed Interest24.15%
2Japanese Government Fixed Interest24.13%
3US Government Fixed Interest16.48%
4American Emerging Fixed Interest10.2%
5Mexican Government Fixed Interest7.56%
6Money Market6.82%
7Alternative Investment Strategies3.11%
8US Corporate Fixed Interest2.31%
9Swedish Fixed Interest1.98%
Individual holdings
1JAPANESE GOVT T-BILL #642 06 FEB 201721.31%
2UNITED STATES OF AMER TREAS BONDS 2% BDS 31/12/21 USD1003.91%
3JAPAN(GOVERNMENT OF) ILN 10/03/26(CONSUMER PRICE)JPY1000002.57%
4NORDEA HYPOTEK AB 3.5% CVD BDS 18/01/17 EUR500001.98%
5FEDERAL HOME LOAN MORTGAGE 2013- 3.3% 25 JUL 20461.87%
6MEXICO(UNITED MEXICAN STATES) 1.56% BDS 08/06/17 JPY100000001.85%
7UNITED STATES OF AMER TREAS NOTES 0.125% TB 15/07/24 USD10001.71%
8MEXICO(UNITED MEXICAN STATES) 0% BDS 16/03/17 MXN11.53%
9FEDERAL HOME LOAN A2 2012-K019 2.272% 25 MAR 20221.5%
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 price104.95
CurrencyUSD
Price updated13/01/2017
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)1.44%
Bid price-
Offer price-
Mid price100.81
CurrencyUSD
Price updated13/01/2017
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)1.56%
Bid price-
Offer price-
Mid price122.45
CurrencyUSD
Price updated13/01/2017
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)1.29%
Bid price-
Offer price-
Mid price119.55
CurrencyEUR
Price updated13/01/2017
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 price110.76
CurrencyEUR
Price updated13/01/2017
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)0.79%
Bid price-
Offer price-
Mid price130.13
CurrencyUSD
Price updated13/01/2017
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)1.19%
Bid price-
Offer price-
Mid price127.88
CurrencyEUR
Price updated13/01/2017
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)0.65%
Bid price-
Offer price-
Mid price101.38
CurrencyGBP
Price updated13/01/2017
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 price134.71
CurrencyGBP
Price updated13/01/2017
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 price115.35
CurrencyGBP
Price updated13/01/2017
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 price98.98
CurrencyEUR
Price updated13/01/2017
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 price103.44
CurrencyGBP
Price updated13/01/2017
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 price98.72
CurrencyUSD
Price updated13/01/2017
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 price106.62
CurrencyUSD
Price updated13/01/2017
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 price104.18
CurrencyEUR
Price updated13/01/2017
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 price98.4
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4DK
Data provided by

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