Fact sheet: Henderson FxIntMtlyInc

Fund information
Fund name
Henderson Fixed Interest Monthly Income I Inc GBP
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund managers
  • Nicholas Waresince 01/03/2014
  • Jenna Barnardsince 05/04/2010
  • John Pattullosince 05/04/2010
Fund objective
To achieve a high yield. The fund will invest principally in fixed interest securities including preference shares.
Benchmark
  • IA £ Strategic Bond
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
4.5%
1 Year rank in sector
45/77
Sector
UT Sterling Strategic Bond
Yield
5.1%
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.
0.7%
Fund size
£853m (£670m 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
Bid price
105.3
Offer price
105.95
Top in this sector
Fund name1 Year
Fidelity I Stg Cr + Bd12.2%
Natixis LS Stgc Inc11.2%
Fidelity UK Inv Grd Lg Cr11.1%
Fidelity Pre-Retirmnt Bd10.1%
Legg Mason IFBrwiGlInOp9.1%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • North America35.1%
    UK30.2%
    Europe29%
    Money Market5.2%
    Asia Pacific0.6%
  • Fixed Interest86.5%
    Debt6.3%
    Money Market5.4%
    Equities1.8%
    Derivatives0.2%
  • Global Fixed Interest92.8%
    Money Market5.4%
    International Equities1.8%
    Alternative Investment Strategies0.2%
    Foreign Exchange-0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-2.4%2%4.5%16.2%43.5%
Sector-1%-3%2.3%5.2%12.9%32.2%
Rank within sector34 / 8335 / 8251 / 8245 / 7720 / 7114 / 60
Quartile2nd2nd3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund4.8%3.3%6.3%7%14.4%
Sector5.9%-0.3%6.8%2.6%12.6%
Rank within sector51 / 772 / 7437 / 7211 / 6432 / 61
Quartile3rd1st3rd1st3rd
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.
0.88
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.
1.04
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.
0.38
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%.
3.81
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.
1.53
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.
0.66
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.
0.84
Price movement
52 week high109.54
52 week low101.34
Current bid price105.3
Current offer price105.95
Current mid price-
Region
1North America35.07%
2UK30.16%
3Europe28.97%
4Money Market5.24%
5Asia Pacific0.57%
Industry sector
1Fixed Interest86.53%
2Debt6.27%
3Money Market5.36%
4Equities1.78%
5Derivatives0.18%
6Foreign Exchange-0.12%
Asset type
1Global Fixed Interest92.8%
2Money Market5.36%
3International Equities1.78%
4Alternative Investment Strategies0.18%
5Foreign Exchange-0.12%
Individual holdings
1CHARTER COMMUNICATIONS OPT LLC/CAP 6.484% BDS 23/10/45 USD2000 144A1.8%
2CO-OPERATIVE GROUP 2011 7.50% 20261.7%
3DIAMOND 1 FIN/DIAMOND 2 8.1% BDS 15/07/36 USD1000 REG S1.7%
4UBS GROUP 6.875% 20491.7%
5WACHOVIA CAPITAL TRUST III 5.5698% 20491.7%
6NATIONWIDE BUILDING SOCIETY1.6%
7ARDAGH PACKAGING FINANCE 6.75% NTS 15/05/24 EUR100000 REG S1.5%
8BNP PARIBAS 7.195% 20491.5%
9UNITYMEDIA KABELBW GMBH 3.75% BDS 15/01/27 EUR100000 144A1.5%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund objective
To achieve a high yield. The fund will invest principally in fixed interest securities including preference shares.
Benchmark
  • IA £ Strategic Bond
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Nicholas Ware01/03/2014Nicholas Ware joined Henderson Global Investors as a Director of Loans in late 2009. In 2012, he joined the Retail Fixed Income Team as Director of Retail Fixed Income. Nicholas’ career began in 1995 when he joined PricewaterhouseCoopers and qualified as a Chartered Accountant; he then moved to Ford Credit where he was responsible for establishing its subsidiary in Sweden. After working there for two years Nicholas spent two years as at SEB Merchant Bank originating senior and mezzanine transactions in the Nordic market. He then spent two years at Ahli United Bank (UK) originating small and mid market private equity transactions. In 2004, Nicholas moved to credit fund manager New Amsterdam Capital Management as a Senior Credit Analyst and in 2005 moved to credit hedge fund manager Highland Capital Management as a Senior Portfolio Analyst in which he helped to build its European business. Nicholas graduated from Bournemouth University, with a BA Hons in Business Studies and is a qualified Chartered Accountant.
Jenna Barnard05/04/2010Jenna Barnard is Co-Head of Strategic Fixed Income, co-managing a number of funds alongside John Pattullo. Jenna joined Henderson in 2002 as a credit analyst and progressed to Credit Portfolio Manager in 2004. Prior to joining Henderson, Jenna worked as an investment analyst with Orbitex Investments. Jenna holds a first class BA (Hons) degree in Politics, Philosophy & Economics from Oxford University. She is a CFA charterholder, and an affiliate member of UKSIP. Jenna is a Member of the Society of Technical Analysts having passed the STA Diploma exam.
John Pattullo05/04/2010John Pattullo is the Co-Head of Strategic Fixed Income at Henderson. With more than 20 years of experience investing in the credit markets, John co-manages a number of funds with Jenna Barnard. Prior to joining Henderson in 1997, John spent four years as a chartered accountant at PricewaterhouseCoopers. John has an MA (Hons) in Economics from the University of St Andrews. He is a member of the Institute of Chartered Accountants of Scotland and an Associate Member of the Society of Investment Professionals.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Malta, Singapore
Henderson Fixed Interest Monthly Income Acc
Initial charge4.25%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price26.72
Offer price28.02
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0X3T
Henderson Fixed Interest Monthly Income Hedge Gr Inc EUR
Initial charge4.25%
Annual charge1.25%
Min single investment£5,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.39%
Total expense ratio (TER)-
Bid price3.0566
Offer price3.2072
Mid price-
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0X3X
Henderson Fixed Interest Monthly Income I Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price105.28
Offer price105.93
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFFB
Henderson Fixed Interest Monthly Income I Inc GBP
Initial charge-
Annual charge0.6%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)1.45%
Bid price105.3
Offer price105.95
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0X3U
Henderson Fixed Interest Monthly Income Inc
Initial charge4.25%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.45%
Bid price21.58
Offer price22.63
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCH13
Henderson Fixed Interest Monthly Income Z Acc GBP
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price139.06
Offer price139.92
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0X3W
Data provided by

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