Fact sheet: Henderson HrznEmgMktCorpBnd

Fund information
Fund name
Henderson Horizon Emerging Market Corporate Bond I2 Acc USD
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The investment objective of the Emerging Market Corporate Bond Fund is to provide a total return in excess of that generated by the designated benchmark. The Fund will invest at least 70% of its net assets in emerging market corporate bonds and other fixed and floating rate securities. The Fund may invest up to two thirds of its net assets in non-investment grade securities including up to 20% of its net assets in distressed debt securities.The Fund may make use of a variety of instruments / strategies in order to achieve the Fund’s objective including, but not limited to, forward foreign exchange contracts (including non-deliverable forwards), interest rate futures, bond futures, options and OTC swaps such as interest rate swaps, credit default swaps, credit default swaps on indices.
Benchmark
  • JP Morgan CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.5%
1 Year rank in sector
106/217
Sector
FO Fixed Int - Emerging Markets
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%
Fund size
£77m (£62m 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
UBS (L)BdSIC-Brazil$35%
Rubrics Ind Fxd Inc UCITS32%
Pictet Lat Am Lcl Cur Dt31.8%
Schroder ISF EmgMktBd31.7%
Old Mutual Em Mt Dt29.2%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others31.1%
    China10.6%
    Argentina9.4%
    Turkey8.1%
    Korea7.3%
  • BBB29.9%
    B19.5%
    BB15.3%
    A12.2%
    AA9.9%
  • Global Fixed Interest31.1%
    Chinese Fixed Interest10.6%
    American Emerging Fixed Interest9.4%
    Middle East & African Fixed Interest8.1%
    GCC Fixed Interest7.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-2.9%1.6%6.5%--
Sector-3.4%-3.8%1.7%6.9%0.6%6.1%
Rank within sector59 / 22574 / 22490 / 222106 / 217--
Quartile2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.7%4.3%---
Sector8.9%-7.3%-0.6%-7%14.7%
Rank within sector161 / 21910 / 203---
Quartile3rd1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high113.61
52 week low102.67
Current bid price-
Current offer price-
Current mid price110.24
Region
1Others31.1%
2China10.6%
3Argentina9.4%
4Turkey8.1%
5Korea7.3%
6Philippines7.3%
7Brazil7.1%
8Mexico7%
9Russia4.4%
Industry sector
1BBB29.9%
2B19.5%
3BB15.3%
4A12.2%
5AA9.9%
6Non-Rated9.3%
7Unknown2.3%
8CCC1.6%
Asset type
1Global Fixed Interest31.1%
2Chinese Fixed Interest10.6%
3American Emerging Fixed Interest9.4%
4Middle East & African Fixed Interest8.1%
5GCC Fixed Interest7.7%
6Philippine Fixed Interest7.3%
7South Korean Fixed Interest7.3%
8Brazilian Fixed Interest7.1%
9Mexican Fixed Interest7%
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 Emerging Market Corporate Bond Fund is to provide a total return in excess of that generated by the designated benchmark. The Fund will invest at least 70% of its net assets in emerging market corporate bonds and other fixed and floating rate securities. The Fund may invest up to two thirds of its net assets in non-investment grade securities including up to 20% of its net assets in distressed debt securities.The Fund may make use of a variety of instruments / strategies in order to achieve the Fund’s objective including, but not limited to, forward foreign exchange contracts (including non-deliverable forwards), interest rate futures, bond futures, options and OTC swaps such as interest rate swaps, credit default swaps, credit default swaps on indices.
Benchmark
  • JP Morgan CEMBI Broad Diversified
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, 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 Emerging Market Corporate Bond A2 Acc USD
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.2
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP2C
Henderson Horizon Emerging Market Corporate Bond A2 Hedged Acc EUR
Initial charge5%
Annual charge1%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.53
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP2G
Henderson Horizon Emerging Market Corporate Bond H2 Acc USD
Initial charge5%
Annual charge0.5%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.35
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP2F
Henderson Horizon Emerging Market Corporate Bond I2 Acc USD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.24
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP2D
Henderson Horizon Emerging Market Corporate Bond I2 Hedged Acc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.44
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP2H
Henderson Horizon Emerging Market Corporate Bond X2 Acc USD
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 price108.53
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP2E
Henderson Horizon Emerging Market Corporate Bond Z2 Hedged Acc GBP
Initial charge-
Annual charge-
Min single investment£25,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.59
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP2I
Data provided by

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