Fact sheet: HL MMgrStgcBd

Fund information
Fund name
HL Multi Manager Strategic Bond A Acc
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund managers
  • Lee Gardhousesince 02/02/2009
  • David J Smithsince 02/02/2009
Fund objective
The investment objective of the Trust is to maximise total returns principally in the form of income.
Benchmark
  • Markit iBoxx Sterling Corporates
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
7.4%
1 Year rank in sector
47/81
Sector
UT Sterling Strategic Bond
Yield
2%
Fund size
£835m (£745m 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.
23
Bid price
181.11
Offer price
186.71
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc15%
Fidelity UK Inv Grd Lg Cr14.7%
Fidelity I Stg Cr + Bd14.2%
Fidelity Pre-Retirmnt Bd12.7%
AXA Framlington Mgd Inc12.6%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.9%2.1%7.4%11.5%28.6%
Sector0.9%2.3%1.9%7.5%13.6%31%
Rank within sector63 / 8456 / 8439 / 8447 / 8150 / 7347 / 63
Quartile3rd3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.1%6.6%-0.2%5.4%3.6%
Sector2.2%7.3%-0.3%6.8%2.6%
Rank within sector53 / 8444 / 7846 / 7443 / 7229 / 65
Quartile3rd3rd3rd3rd2nd
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.
0.09
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.
0.11
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%.
3.07
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.
0.8
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.
-0.54
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.
0.95
Price movement
52 week high181.5
52 week low168.7
Current bid price181.11
Current offer price186.71
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest97.6%
2Money Market1.8%
3International Equities0.6%
Individual holdings
1INVESCO PERPETUAL TACTICAL BOND14%
2ROYAL LONDON STERLING EXTRA YIELD BOND11.9%
3FIDELITY MONEYBUILDER INCOME INC11.6%
4KAMES INVESTMENT GRADE BOND A ACC10.9%
5JUPITER STRATEGIC BOND8.3%
6M&G OPTIMAL INCOME FUND8.2%
7M&G UK INFLATION LINKED CORPORATE BOND8.1%
8M&G STRATEGIC CORPORATE BOND8%
9MORGAN STANLEY STERLING CORPORATE BOND7.7%
Management
Fund manager group
Hargreaves Lansdown
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund objective
The investment objective of the Trust is to maximise total returns principally in the form of income.
Benchmark
  • Markit iBoxx Sterling Corporates
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Lee Gardhouse02/02/2009Lee is the manager of the HL Multi-Manager Equity & Bond Trust, the HL Multi-Manager Special Situations Trust, the HL Multi-Manager Income & Growth Trust and the HL Multi-Manager Strategic Bond Trust. He holds a BA Hons degree in Economics from Liverpool John Moores University. Lee has been part of the investment team at Hargreaves Lansdown since 1995, specialising in the Investment Trust and Multi-manager arenas. He passed the Associate of the Society of Investment Professionals exam.
David J Smith02/02/2009David joined Henderson in 2002, after graduating from Bristol University with a degree in Chemistry. After initially working in Operations, David moved to the role of trainee fund manager on the UK Equities team with sector responsibilities for media, travel & leisure and housebuilders. On becoming a CFA charterholder in 2008 he was promoted to the role of fund manager. He is currently the fund manager of an Investment Trust and a number of UK equity institutional funds as part of the Global Equity Income team.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
HL Multi Manager Strategic Bond A Acc
Initial charge5%
Annual charge0.75%
Min single investment£100
Min regular saving£25
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price181.11
Offer price186.71
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDST6
HL Multi Manager Strategic Bond A Inc
Initial charge5%
Annual charge0.75%
Min single investment£100
Min regular saving£25
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price146.68
Offer price151.21
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDST7
HL Multi Manager Strategic Bond M Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price181.11
Offer price186.71
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5OX
HL Multi Manager Strategic Bond M Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price146.68
Offer price151.21
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5OY
Data provided by

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