Fact sheet: Henderson Horizon Tl Rtn Bd

Fund information
Fund name
Henderson Horizon Total Return Bond X2 EUR
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund manager
  • Henderson Fixed Income Investment Strategy Groupsince 28/03/2012
Fund objective
The investment objective of the Total Return Bond Fund is to target a positive total return, in excess of cash over a rolling three year period, through income and capital gains by investing in a broad range of global fixed income asset classes and associated derivative instruments.The Fund may make use of a variety of instruments / strategies in order to achieve the Fund’s objective including, but not limited to, floating rate notes, forward foreign exchange contracts (including non-deliverable forwards), interest rate futures, bond futures and OTC swaps such as interest rate swaps, credit default swaps and credit default swaps on indices.The Fund may invest up to 30% of the Fund’s total Net Asset Value in asset-backed securities (“ABS”) and mortgage-backed securities (“MBS”), including up to 10% of its net assets in non-investment grade ABS and/or MBS. ABS/MBS include, but are not limited to, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized loan obligations. The ABS and MBS may be leveraged.
Benchmark
  • GIFS EUR Flexible Bond
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
4.6%
1 Year rank in sector
162/297
Sector
FO Fixed Int - Global
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.
1.78%
Fund size
£727m (£624m 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.
16
Top in this sector
Fund name1 Year
Twelve Falcon Ins Lkd Strat208.5%
Capital Group GHIOL37.4%
Dodge & Cox Global Bond26.6%
Franklin Gbl HiInc Bd22.3%
LM WAShtDurHiInBd18.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International84.5%
    Money Market15.5%
  • Corporate Bonds43.1%
    Government Bonds24.9%
    Fixed Interest16.5%
    Money Market15.5%
  • Global Fixed Interest84.5%
    Money Market15.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1.8%-0.2%4.6%1.6%-
Sector0.9%1.8%-0.5%5.6%6.3%11.5%
Rank within sector178 / 328146 / 320134 / 310162 / 297165 / 239-
Quartile3rd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.2%1.5%0.1%-0.8%-
Sector1.1%4.6%-1.6%3.7%-1.6%
Rank within sector164 / 326225 / 29580 / 270202 / 234-
Quartile3rd4th2nd4th
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.
-0.95
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.
0.62
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%.
2.4
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.
1.98
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.
-0.86
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.
0.51
Price movement
52 week high100.96
52 week low95.99
Current bid price-
Current offer price-
Current mid price100.58
Region
1International84.5%
2Money Market15.5%
Industry sector
1Corporate Bonds43.1%
2Government Bonds24.9%
3Fixed Interest16.5%
4Money Market15.5%
Asset type
1Global Fixed Interest84.5%
2Money Market15.5%
Individual holdings
No data available.
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund objective
The investment objective of the Total Return Bond Fund is to target a positive total return, in excess of cash over a rolling three year period, through income and capital gains by investing in a broad range of global fixed income asset classes and associated derivative instruments.The Fund may make use of a variety of instruments / strategies in order to achieve the Fund’s objective including, but not limited to, floating rate notes, forward foreign exchange contracts (including non-deliverable forwards), interest rate futures, bond futures and OTC swaps such as interest rate swaps, credit default swaps and credit default swaps on indices.The Fund may invest up to 30% of the Fund’s total Net Asset Value in asset-backed securities (“ABS”) and mortgage-backed securities (“MBS”), including up to 10% of its net assets in non-investment grade ABS and/or MBS. ABS/MBS include, but are not limited to, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralized loan obligations. The ABS and MBS may be leveraged.
Benchmark
  • GIFS EUR Flexible Bond
Investment style
Total Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Henderson Fixed Income Investment Strategy Group28/03/2012The Henderson Fixed Income Investment Strategy Group (ISG), is a small group of highly experienced investment professionals at Henderson, who allocate capital and risk to the best risk-adjusted return opportunities identified by our analyst teams. This group is chaired by Phillip Apel, Head of Diversified Income & Rates.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Malta, Netherlands, Norway, Offshore, Singapore, Sweden
Henderson Horizon Total Return Bond A2 EUR
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.02
CurrencyEUR
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG0ID
Henderson Horizon Total Return Bond A2 Hedged USD
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.03
CurrencyUSD
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code12I1
Henderson Horizon Total Return Bond A3 EUR
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.9
CurrencyEUR
Price updated27/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF7UQ
Henderson Horizon Total Return Bond H2 Acc EUR
Initial charge5%
Annual charge0.38%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.45
CurrencyEUR
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK9P
Henderson Horizon Total Return Bond X2 EUR
Initial charge-
Annual charge1%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.58
CurrencyEUR
Price updated27/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7VB
Henderson Horizon Total Return Bond Z2 Hedged GBP
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)0.09%
Bid price-
Offer price-
Mid price119.91
CurrencyGBP
Price updated27/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code10D7
Data provided by

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