Fact sheet: HLL Invesco Prp Gbl Bd Pn

Fund information
Fund name
HLL Invesco Perpetual Global Bd Pn 50
Fund manager company
Hawthorn Life DAC
Fund type
Pension Fund
Fund managers
  • Stuart Edwardssince 28/03/2013
  • Jack Parkersince 30/07/2015
Underlying fund
Invesco Perp Global Bond
Fund objective
HLL to invest 100% in underlying asset. The aim of the Invesco Perpetual Global Bond is to achieve a good overall investment return in the medium to long term with relative security of capital. The fund intends to invest primarily in international bonds of differing interest yields and maturities. It may include debentures and loan stock. In pursuing this objective, the fund managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions as detailed in Appendix 2 of the most recent Full Prospectus.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
11.2%
1 Year rank in sector
80/133
Sector
PN Global Fixed Interest
Yield
-
Fund size
£2m (£2m 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.
47
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn34.1%
Scot Eq AegonIntcEgMtsLclCrDtPn30.9%
OMW M&G Glbl Government Bond25.9%
Scot Eq Ovrss Crp Bd Trkr Pn24%
LV= BlackRock OseaCorBdTrk Pn23.8%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA43%
    UK16.1%
    Italy10%
    Money Market8.1%
    Spain6.1%
  • Government Bonds63.9%
    Banks9.4%
    Money Market8.1%
    Oil & Gas2.9%
    Automobiles2.9%
  • Global Government Fixed Interest36.8%
    Global Index Linked29.1%
    Global Corporate Fixed Interest25.8%
    Money Market8.1%
    Alternative Investment Strategies0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%-0.6%4.1%11.2%19.7%28.3%
Sector2.6%-2.4%1.6%13%20.5%19.8%
Rank within sector82 / 14622 / 14523 / 14380 / 13366 / 11117 / 92
Quartile3rd1st1st3rd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund1.3%11.3%3%4.3%0.2%
Sector0.9%14.1%-0.3%6.1%-3.6%
Rank within sector56 / 14684 / 1339 / 12580 / 11121 / 105
Quartile2nd3rd1st3rd1st
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.
1.2
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.
0.76
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.
0.54
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%.
4.87
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.
2.43
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.
-0.13
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.
0.83
Price movement
52 week high20.54
52 week low17.99
Current bid price-
Current offer price-
Current mid price20.37
Region
1USA43.02%
2UK16.05%
3Italy10.01%
4Money Market8.11%
5Spain6.09%
6Australia5.92%
7Poland3.62%
8Mexico2.96%
9Others2.6%
Industry sector
1Government Bonds63.85%
2Banks9.35%
3Money Market8.11%
4Oil & Gas2.88%
5Automobiles2.86%
6Telecommunications2.17%
7Utilities2.07%
8Government Agency Bonds2.01%
9Technology1.97%
Asset type
1Global Government Fixed Interest36.77%
2Global Index Linked29.1%
3Global Corporate Fixed Interest25.76%
4Money Market8.11%
5Alternative Investment Strategies0.26%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1009.13%
2UNITED STATES OF AMER TREAS NOTES 0.75% NTS 15/04/19 USD10006.34%
3UNITED STATES OF AMER TREAS BILLS BDS 15/04/21 USD1004.89%
4UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/26 USD1004.75%
5UNITED STATES OF AMER TREAS NOTES FXD BDS 31/05/21 USD1003.14%
6TREASURY 1.5% GILT 22/07/26 GBP0.012.91%
7AUSTRALIA(COMMONWEALTH OF) 1.75% BDS 21/11/20 AUD10002.59%
8ITALY(REPUBLIC OF) 2.35% BDS 15/09/19 EUR10002.13%
9QUEENSLAND TREASURY CORP 6% BDS 14/6/2021 AUD1000002.07%
Management
Fund manager group
Hartford Life
Fund manager company
Hawthorn Life DAC
Fund type
Pension Fund
Fund objective
HLL to invest 100% in underlying asset. The aim of the Invesco Perpetual Global Bond is to achieve a good overall investment return in the medium to long term with relative security of capital. The fund intends to invest primarily in international bonds of differing interest yields and maturities. It may include debentures and loan stock. In pursuing this objective, the fund managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions as detailed in Appendix 2 of the most recent Full Prospectus.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Stuart Edwards28/03/2013Based in Henley-on-Thames, Stuart is responsible for a number of global bond and cash portfolios. Stuart began his investment career in 1997 at Standard & Poor's as an economist, initially specialising in analysis of the Benelux region and then covering the UK fixed income and money markets with responsibility for forecasting UK economic data and providing fixed income strategy. On joining our company in 2003, he was initially the fixed income specialist within our Investment Communication team before successfully transferring to the Fixed Interest team in January 2006 as a fixed income strategist, specialising in the analysis of macro economic data and trends. In March 2010 Stuart was promoted to the role of fund manager. He holds a BSc (Honours) in Business Economics with Computing from the University of Surrey and a MSc in Finance from Birkbeck College, University of London.
Jack Parker30/07/2015Based in Henley-on-Thames, Jack is currently a Macro Analyst/ Trader within Invesco's Henley-based Fixed Interest team. Jack began his investment career with the firm within the investment operations functions in January 2008 before transferring to the Fixed Interest team in August.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
HLL Invesco Perpetual Global Bd Pn 50
Initial charge-
Annual charge0.83%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price20.3735
CurrencyGBP
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV762
HLL Invesco Perpetual Global Bd Pn 51
Initial charge-
Annual charge0.93%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price20.2025
CurrencyGBP
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWFD
Data provided by

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