Fact sheet: Ignis Abs Rtn Govt Bd

Fund information
Fund name
Ignis Absolute Return Government Bond C GBP
Fund manager company
Ignis Global Funds SICAV
Fund type
Offshore Fund
Fund managers
  • Stuart Thomsonsince 30/03/2011
  • Jonathan Gibbssince 12/10/2014
Fund objective
The Absolute Return Government Bond Fund aims to provide positive investment returns on a rolling twelve months basis. The fund is actively managed with low levels of volatility and with a target annualised standard deviation of between four to six percent. Returns are also intended to exhibit low correlation to bond and equity markets. The fund uses a combination of assets such as government bonds, sub-sovereign bonds, foreign currency instruments, money market instruments and derivatives. In particular the fund will utilise strategies to actively manage interest rate exposure. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
  • EONIA
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
1.2%
1 Year rank in sector
-
Sector
FO Absolute Return
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.
0.93%
Fund size
£277m (£396m 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
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Pioneer SICV-AbsRetBd14.8%
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Pictet Scv II Dyn Ass Alloc9.5%
Orbis Optimal SA9.3%
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Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.6%0.8%1.2%-1.3%9.8%
Sector-0.1%-0.7%0.3%-0.3%2.4%9.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund1.2%-1%-3%5.8%6.1%
Sector-0%0.7%1.2%3.6%3.9%
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.
-0.21
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.
0.09
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%.
3.99
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.
4.32
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.
-0.22
Price movement
52 week high1.03
52 week low1.01
Current bid price-
Current offer price-
Current mid price1.03
Region
1International100%
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Ignis
Fund manager company
Ignis Global Funds SICAV
Fund type
Offshore Fund
Fund objective
The Absolute Return Government Bond Fund aims to provide positive investment returns on a rolling twelve months basis. The fund is actively managed with low levels of volatility and with a target annualised standard deviation of between four to six percent. Returns are also intended to exhibit low correlation to bond and equity markets. The fund uses a combination of assets such as government bonds, sub-sovereign bonds, foreign currency instruments, money market instruments and derivatives. In particular the fund will utilise strategies to actively manage interest rate exposure. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
  • EONIA
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Stuart Thomson30/03/2011Stuart Thomson, CFA – Chief Economist, Working in the industry since 1985. Stuart joined Ignis Asset Management in 2006 with responsibilities for international bonds as well as becoming Chief Economist. Before joining Ignis, Stuart held a number of senior economist and market strategist positions including spells at Nikko Europe, Chase Manhattan Bank, Credit Agricole Indosuez, RIA and Charles Stanley Sutherlands. He began his career at Britannia Asset Management in 1985. Stuart graduated from the University of Edinburgh with an MA (Hons) in Economics and is a CFA Charterholder.
Jonathan Gibbs12/10/2014Jonathan Gibbs, Working in the industry since 1988. Jonathan joined Standard Life Investments in 2002 and is head of the team responsible for all inflation-linked products. Prior to joining, Jonathan worked for Henderson Global Investors and Kuwait Investment Office. He began his career at the Bank of England. He is regularly consulted by government and supranational issuers about their inflation programmes.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Ignis Absolute Return Government Bond A Acc GBP
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price1.132
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDQ0
Ignis Absolute Return Government Bond A Dis GBP
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDYK
Ignis Absolute Return Government Bond A Hedged Acc AUD
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKP5V
Ignis Absolute Return Government Bond A Hedged Acc CHF
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9852
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGFXR
Ignis Absolute Return Government Bond A Hedged Acc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price1.1041
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDQ2
Ignis Absolute Return Government Bond A Hedged Acc JPY
Initial charge5%
Annual charge-
Min single investment£155,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCWK
Ignis Absolute Return Government Bond A Hedged Dis EUR
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9668
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBM7T
Ignis Absolute Return Government Bond A Hedged USD
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0167
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7HL
Ignis Absolute Return Government Bond C Dis GBP
Initial charge5%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.964
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDYL
Ignis Absolute Return Government Bond C GBP
Initial charge5%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0269
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3QN
Ignis Absolute Return Government Bond C Hedged Acc AUD
Initial charge5%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKP5W
Ignis Absolute Return Government Bond C Hedged Acc JPY
Initial charge5%
Annual charge0.65%
Min single investment£155,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCWL
Ignis Absolute Return Government Bond C Hedged EUR
Initial charge5%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9435
CurrencyEUR
Price updated26/08/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFCDW
Ignis Absolute Return Government Bond I Dis GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9721
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDYM
Ignis Absolute Return Government Bond I GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0342
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3QO
Ignis Absolute Return Government Bond I Hedged Acc AUD
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKP5X
Ignis Absolute Return Government Bond I Hedged Acc EUR
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0098
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3QP
Ignis Absolute Return Government Bond I Hedged Acc JPY
Initial charge5%
Annual charge0.5%
Min single investment£155,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCWM
Ignis Absolute Return Government Bond I Hedged CHF
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9923
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3QQ
Ignis Absolute Return Government Bond I Hedged SEK
Initial charge5%
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2835
CurrencySEK
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI16J
Ignis Absolute Return Government Bond I Hedged USD
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.028
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3QR
Ignis Absolute Return Government Bond I2 Acc GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price1.1761
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNDQ1
Ignis Absolute Return Government Bond I2 Hedged Acc CHF
Initial charge5%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0144
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGFXP
Ignis Absolute Return Government Bond I2 Hedged Acc EUR
Initial charge5%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price1.1476
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9O9
Ignis Absolute Return Government Bond I2 Hedged Acc USD
Initial charge5%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0553
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGFXO
Ignis Absolute Return Government Bond J Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKE6T
Ignis Absolute Return Government Bond J Dis GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKE6S
Ignis Absolute Return Government Bond R Hedged Acc USD
Initial charge5%
Annual charge1.35%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9449
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHMI
Ignis Absolute Return Government Bond SI Dis GBP
Initial charge5%
Annual charge0.4%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9869
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDYN
Ignis Absolute Return Government Bond SI GBP
Initial charge5%
Annual charge0.4%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0266
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3QS
Ignis Absolute Return Government Bond SI Hedged Acc AUD
Initial charge5%
Annual charge0.4%
Min single investment£100,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKP5Y
Ignis Absolute Return Government Bond SI Hedged EUR
Initial charge5%
Annual charge0.4%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0002
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3QT
Ignis Absolute Return Government Bond SI Hedged SEK
Initial charge5%
Annual charge0.4%
Min single investment£200,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySEK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI16K
Ignis Absolute Return Government Bond Z Hedged Acc AUD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyAUD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKP5Z
Ignis Absolute Return Government Bond Z Hedged Acc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH1D
Ignis Absolute Return Government Bond Z Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH1B
Ignis Absolute Return Government Bond Z Hedged Acc JPY
Initial charge5%
Annual charge-
Min single investment£8,000,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCWO
Ignis Absolute Return Government Bond Z Hedged Acc SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySEK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFH1C
Data provided by

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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.