Fact sheet: Henderson Hz EurCrpBd

Fund information
Fund name
Henderson Horizon Euro Corporate Bond H2 Acc EUR
Fund manager company
Henderson Management SA
Fund type
Offshore Fund
Fund managers
  • Stephen Thariyansince 18/12/2009
  • Tom Rosssince 01/08/2015
Fund objective
The investment objective of the Euro Corporate Bond Fund is to provide a total return in excess of that generated by the iBoxx Euro Corporates Index by investing primarily in Euro denominated investment grade corporate bonds and other fixed and floating rate 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 rate notes, forward foreign exchange contracts (including nondeliverable forwards), interest rate futures, bond futures and OTC swaps such as interest rate swaps, credit default swaps and credit default swaps on indices.
Benchmark
  • iBoxx Euro Corporate All
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
6.5%
1 Year rank in sector
-
Sector
FO Fixed Int - EUR Corporate Bond
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.
0.81%
Fund size
£3,195m (£3,410m 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.
17
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX27.9%
Schroder ISF €Cp Bd8.8%
JI High Grade Corporate Bonds CL7.9%
T. Rowe Price Euro Corp Bd7.5%
StanLife Inv €CrpBdSRI7.5%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • UK19.6%
    USA19%
    Germany16.7%
    France11%
    Others8.8%
  • Financials32.8%
    Consumer Goods12.4%
    Utilities10.1%
    Government Bonds9.8%
    Telecommunications6.9%
  • UK Fixed Interest19.6%
    US Fixed Interest19%
    German Fixed Interest16.7%
    French Fixed Interest11%
    Global Fixed Interest8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%2.9%4.4%6.5%14.7%39.7%
Sector-0.1%2.7%4.1%6.5%13.4%31.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund5.9%-1.2%8%2.9%17.4%
Sector5.9%-1%6.9%2.2%13.3%
Rank within sector-----
Quartile
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.
-0.01
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.
1.1
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.
0.47
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%.
3.2
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.
0.55
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.
0.81
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.
0.98
Price movement
52 week high115.99
52 week low107.64
Current bid price-
Current offer price-
Current mid price115.63
Region
1UK19.6%
2USA19%
3Germany16.7%
4France11%
5Others8.8%
6Netherlands4.4%
7Italy4.3%
8Money Market4%
9Switzerland3.6%
Industry sector
1Financials32.8%
2Consumer Goods12.4%
3Utilities10.1%
4Government Bonds9.8%
5Telecommunications6.9%
6Health Care6.6%
7Industrials6%
8Consumer Services5%
9Money Market4%
Asset type
1UK Fixed Interest19.6%
2US Fixed Interest19%
3German Fixed Interest16.7%
4French Fixed Interest11%
5Global Fixed Interest8.8%
6Dutch Fixed Interest4.4%
7Italian Fixed Interest4.3%
8Money Market4%
9Swiss Fixed Interest3.6%
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 Euro Corporate Bond Fund is to provide a total return in excess of that generated by the iBoxx Euro Corporates Index by investing primarily in Euro denominated investment grade corporate bonds and other fixed and floating rate 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 rate notes, forward foreign exchange contracts (including nondeliverable forwards), interest rate futures, bond futures and OTC swaps such as interest rate swaps, credit default swaps and credit default swaps on indices.
Benchmark
  • iBoxx Euro Corporate All
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Stephen Thariyan18/12/2009Stephen Thariyan is the Global Head of Credit in charge of the 30-strong credit team of portfolio managers and analysts at Henderson. Prior to joining Henderson in 2007 as Head of Credit, Stephen was a portfolio manager at Rogge Global Partners responsible for investing in corporate bonds and credit derivatives globally. He was previously a director and senior analyst at NatWest Markets’ credit rating and research unit where he led teams of sector analysts in credit research. He started his career as an accountant at Ernst & Young in 1988 and later moved to become senior auditor at Chevron Corporation. Stephen graduated from the University of Newcastle-Upon-Tyne with a BA (Hons) in Accountancy and Financial Analysis.
Tom Ross01/08/2015Tom Ross joined Henderson in 2002 and has been co-managing Henderson's absolute return credit funds since 2006. In August 2015 he was appointed co-manager of a number of European and global bond funds. Prior to fund management, Tom specialised in credit trading on Henderson's centralised dealing desk where he was able to build strong relationships with market participants in order to gain flow and positioning information to supplement credit views. Tom graduated from Nottingham University with a BSc (Hons) in Biology and is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Isle of Man, Ireland, Italy, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
Henderson Horizon Euro Corporate Bond A1 Hedged Inc GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,500
Min regular saving£300
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price123.34
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGQ56
Henderson Horizon Euro Corporate Bond A1 Inc EUR
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price132.18
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHYE0
Henderson Horizon Euro Corporate Bond A1 Inc SGD
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price198.19
CurrencySGD
Price updated20/05/2011
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHYG3
Henderson Horizon Euro Corporate Bond A1 Inc USD
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price160.37
CurrencyUSD
Price updated20/05/2011
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHYG4
Henderson Horizon Euro Corporate Bond A2 Acc EUR
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price153.9
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHYD9
Henderson Horizon Euro Corporate Bond A2 Acc GBP
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price99.62
CurrencyGBP
Price updated20/05/2011
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHYF9
Henderson Horizon Euro Corporate Bond A2 Acc SGD
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price199.83
CurrencySGD
Price updated20/05/2011
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHYG0
Henderson Horizon Euro 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)1.17%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price161.69
CurrencyUSD
Price updated20/05/2011
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHYG1
Henderson Horizon Euro Corporate Bond A2 Hedged Acc CHF
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price124.59
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0ZI0
Henderson Horizon Euro Corporate Bond A2 Hedged Acc SEK
Initial charge5%
Annual charge0.75%
Min single investment£15,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price1337.97
CurrencySEK
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0RS0
Henderson Horizon Euro Corporate Bond A2 Hedged Acc USD
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.58
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7RU
Henderson Horizon Euro Corporate Bond G2 Acc EUR
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.84
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJ1L
Henderson Horizon Euro Corporate Bond H1 Hedged Inc GBP
Initial charge5%
Annual charge0.38%
Min single investment£550,000
Min regular saving£30,000
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.12
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE1KE
Henderson Horizon Euro Corporate Bond H1 Inc EUR
Initial charge5%
Annual charge0.38%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.3
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE1KA
Henderson Horizon Euro Corporate 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 price115.63
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBXW
Henderson Horizon Euro Corporate Bond H2 Hedged Acc CHF
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 price104.75
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1KC
Henderson Horizon Euro Corporate Bond H2 Hedged Acc SEK
Initial charge5%
Annual charge0.38%
Min single investment£7,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1051.25
CurrencySEK
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1KD
Henderson Horizon Euro Corporate Bond H2 Hedged Acc USD
Initial charge5%
Annual charge0.38%
Min single investment£750,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.33
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1KB
Henderson Horizon Euro Corporate Bond I1 Inc EUR
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price135.17
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHYE2
Henderson Horizon Euro Corporate Bond I1 Inc USD
Initial charge-
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 price90.56
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF56F
Henderson Horizon Euro Corporate Bond I2 Acc EUR
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price158.22
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHYE1
Henderson Horizon Euro Corporate Bond I2 Acc GBP
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price100.08
CurrencyGBP
Price updated20/05/2011
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHYG5
Henderson Horizon Euro Corporate Bond I2 Acc SGD
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price200.74
CurrencySGD
Price updated20/05/2011
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHYG6
Henderson Horizon Euro Corporate Bond I2 Acc USD
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price162.43
CurrencyUSD
Price updated20/05/2011
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHYG7
Henderson Horizon Euro Corporate Bond I2 Hedged Acc CHF
Initial charge-
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)0.94%
Bid price-
Offer price-
Mid price113.66
CurrencyCHF
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAWF
Henderson Horizon Euro Corporate Bond I2 Hedged Acc USD
Initial charge-
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 price106.18
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPSV
Henderson Horizon Euro Corporate Bond I2 Inc SGD
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price200.74
CurrencySGD
Price updated20/05/2011
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHYG9
Henderson Horizon Euro Corporate Bond I2 Inc USD
Initial charge-
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)0.75%
Bid price-
Offer price-
Mid price162.43
CurrencyUSD
Price updated20/05/2011
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHYH0
Henderson Horizon Euro Corporate Bond X1 Inc EUR
Initial charge-
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.89
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF6FD
Henderson Horizon Euro Corporate Bond X2 Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price136.07
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHYE3
Data provided by

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