Fact sheet: Henderson HrznGblCorpBnd

Fund information
Fund name
Henderson Horizon Global Corporate Bond I2 Acc USD
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund manager
  • James Briggssince 05/11/2014
Fund objective
The investment objective of the Global Corporate Bond Fund is to provide a total return in excess of that generated by its designated benchmark, by investing primarily in investment grade corporate bonds and other fixed and floating rate securities globally. The Fund may invest up to 20% of its net assets in non-investment grade securities including 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
  • Barclays Global Aggregate Corporate Bond Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.6%
1 Year rank in sector
70/287
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.
0.75%
Fund size
£20m (£19m 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.
73
Top in this sector
Fund name1 Year
Capital Group GHIOL33%
Russell Gbl Bd28%
Aberdeen Global II GlGovtBd27.9%
Dodge & Cox Global Bond26.8%
Baring Intl Bd26.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%2.7%5.8%8.6%--
Sector-0.1%2.3%4.3%5.8%8.5%17.1%
Rank within sector100 / 304110 / 30275 / 30070 / 287--
Quartile2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.5%-0.2%---
Sector6.2%-1.6%3.7%-1.6%8.2%
Rank within sector81 / 296102 / 276---
Quartile2nd2nd
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 high109.8
52 week low100.5
Current bid price-
Current offer price-
Current mid price109.58
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
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 Global Corporate Bond Fund is to provide a total return in excess of that generated by its designated benchmark, by investing primarily in investment grade corporate bonds and other fixed and floating rate securities globally. The Fund may invest up to 20% of its net assets in non-investment grade securities including 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
  • Barclays Global Aggregate Corporate Bond Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
James Briggs05/11/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
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 Global Corporate Bond A2 Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.71
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP1V
Henderson Horizon Global Corporate Bond A2 Hedged Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.16
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP1Z
Henderson Horizon Global Corporate Bond H2 Acc USD
Initial charge5%
Annual charge0.38%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.54
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP1Y
Henderson Horizon Global Corporate Bond I2 Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.58
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP1W
Henderson Horizon Global Corporate Bond I2 Hedged Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.94
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP2A
Henderson Horizon Global Corporate Bond X2 Acc USD
Initial charge-
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.09
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP1X
Henderson Horizon Global 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)0.04%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.81
CurrencyGBP
Price updated05/02/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP2B
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.