Fact sheet: Henderson Mlt Ast Crdt

Fund information
Fund name
Henderson Multi Asset Credit I Hedged Gr Acc GBP
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund manager
  • David Milwardsince 28/06/2012
Fund objective
The Fund’s aim is to generate a total return in excess of 3 month Euribor over a 3-5 year investment horizon.
Benchmark
  • No Specified Index
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
36/67
Sector
UT Global Bonds
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
£986m (£974m 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.
19
Top in this sector
Fund name1 Year
M&G Global gvt bnd27.8%
Aberdeen World Gov Bd24.3%
BlackRock OseaCorBdTrk23.3%
M&G Global Macro Bond23.1%
BlackRock Osea GovBdTrk22.9%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%2.2%3.7%6.2%14.7%-
Sector-3.2%-1.7%4.5%11.2%13%18.7%
Rank within sector5 / 703 / 6932 / 6936 / 6724 / 57-
Quartile1st1st2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.4%3.8%3.6%6.5%-
Sector10.8%-1.3%3.8%-2%6.1%
Rank within sector39 / 672 / 6136 / 586 / 55-
Quartile3rd1st3rd1st
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.
5.11
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.
-0.07
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.
0.57
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%.
2.09
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.
6.52
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.
-0.14
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.
0.04
Price movement
52 week high125.39
52 week low118.01
Current bid price-
Current offer price-
Current mid price125.39
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 Global Investors Ltd
Fund type
Unit Trust
Fund objective
The Fund’s aim is to generate a total return in excess of 3 month Euribor over a 3-5 year investment horizon.
Benchmark
  • No Specified Index
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
David Milward28/06/2012David joined Henderson in 2001. He heads the portfolio management of Henderson’s loan portfolio, overseeing a team of six loan professionals. He also undertakes the analysis of new and existing loan investment opportunities. Previously David was an investment manager for Lloyds TSB Strategic Ventures and has worked in various corporate and institutional banking roles including acquisition finance within Lloyds TSB. David holds a BA (Hons) in Biochemistry from Oxford University and is an Associate of the Association of Corporate Treasurers and an Associate of the Chartered Institute of Bankers.
Compliance
IA Recognised, Qualified Investor Schemes
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson Multi Asset Credit I Hedged Gr Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price125.39
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGLUC
Henderson Multi Asset Credit I Hedged Gr Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price111.04
CurrencyGBX
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLUD
Henderson Multi Asset Credit Z Hedged
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.55
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFPY
Data provided by

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