Fact sheet: Income Partners AllSeasnAsCred

Fund information
Fund name
Income Partners All Seasons Asian Credit Acc
Fund manager company
Income Partners Asset Mgt(HK)L
Fund type
OEIC
Fund managers
  • Suvir Mukhisince 02/02/2002
  • Suvir Mukhisince 29/02/2012
  • Job Campbellsince 29/02/2012
  • Job Campbellsince 02/02/2002
Fund objective
The IP All Seasons Asian Credit Fund (the “Fund”) aims to generate steady returns with relatively low volatility over a medium term horizon. The Fund invests in the liquid Asian credit markets employing an absolute return approach, utilizing hedging and overlay strategies to protect against downside volatility in the market, as well as to enhance returns.
Benchmark
  • No Specified Index
Investment style
Leveraged
Investment method
Equity
Quick stats
1 Year return
18.7%
1 Year rank in sector
3/106
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Fund size
£381m (£381m 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.
90
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS21.8%
Ennismore Eurpn Smallar Cos19.8%
Income Partners AllSeasnAsCred18.7%
BlackRock SF Asia Extnn16.9%
Majedie Tortoise16.9%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%9.1%16.2%18.7%27.4%47.8%
Sector0.5%1.7%1.2%-1%5.4%15.6%
Rank within sector88 / 1208 / 1222 / 1163 / 10610 / 758 / 53
Quartile3rd1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund17.5%-0.4%4.9%2.2%18.7%
Sector-1.8%2.7%2.5%7.1%3.9%
Rank within sector3 / 11272 / 9929 / 8057 / 716 / 58
Quartile1st3rd2nd4th1st
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.
6.47
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.
1.17
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.
0.73
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%.
7.17
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.
6.06
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.
1.09
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.
0.29
Price movement
52 week high27.24
52 week low22.3
Current bid price-
Current offer price-
Current mid price27.18
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Income Partners Asset Mgt(HK)L
Fund type
OEIC
Fund objective
The IP All Seasons Asian Credit Fund (the “Fund”) aims to generate steady returns with relatively low volatility over a medium term horizon. The Fund invests in the liquid Asian credit markets employing an absolute return approach, utilizing hedging and overlay strategies to protect against downside volatility in the market, as well as to enhance returns.
Benchmark
  • No Specified Index
Investment style
Leveraged
Investment method
Equity
Fund managers
NameSinceBiography
Suvir Mukhi02/02/2002Suvir Mukhi is responsible for Asian local currency market (excluding China) and Asian investment grade strategies. In the local currency market space, his mandate covers investment opportunities in all Asian domestic markets (excluding China) including cash bonds, interest rates and foreign exchange strategies. Within the credit markets, Suvir manages several of the firm’s investment grade portfolios, including funds and managed accounts. Suvir has over 14 years of global fixed income markets experience, and his depth of experience as a key member of the firm’s investment committee, in addition to his extensive portfolio management responsibilities, lend well to his involvement in overall portfolio strategy and risk management processes where he looks closely at both fundamental and technical factors affecting rate and currency trades across Asia and globally. This in-depth analysis helps form the basis of relative value macro trading opportunities and portfolio allocation decisions. Suvir is a CFA charter-holder, and studied at Bentley College, MA, USA, where he earned a Bachelor of Science degree with a major in Finance.
Suvir Mukhi29/02/2012Suvir Mukhi is responsible for Asian local currency market (excluding China) and Asian investment grade strategies. In the local currency market space, his mandate covers investment opportunities in all Asian domestic markets (excluding China) including cash bonds, interest rates and foreign exchange strategies. Within the credit markets, Suvir manages several of the firm’s investment grade portfolios, including funds and managed accounts. Suvir has over 14 years of global fixed income markets experience, and his depth of experience as a key member of the firm’s investment committee, in addition to his extensive portfolio management responsibilities, lend well to his involvement in overall portfolio strategy and risk management processes where he looks closely at both fundamental and technical factors affecting rate and currency trades across Asia and globally. This in-depth analysis helps form the basis of relative value macro trading opportunities and portfolio allocation decisions. Suvir is a CFA charter-holder, and studied at Bentley College, MA, USA, where he earned a Bachelor of Science degree with a major in Finance.
Job Campbell29/02/2012Job Campbell joined Income Partners back in 2003 as a Senior Investment Analyst. He is currently the firm’s lead portfolio manager for Asian USD/hard currency absolute return and long-only products and sits on the firm’s Investment Committee. Job started his career as a Credit Analyst at Brown Brothers Harriman in New York, followed by a position at Goldman Sachs, where his Technology Equity research team received a prestigious and coveted Top 4 place in the ‘Institutional Investor Asia Research Poll’ for their sector coverage, recognition of Job’s acumen and talent. Since joining Income Partners, Job has proven to be a vital contributor to our Asian Credit strategy and currently manages our flagship Asian credit absolute return fund which boasts the longest track record in the industry. Job is directly responsible for bottom-up portfolio construction and optimization involving fundamental credit research and relative value analysis to determine credit selection and trading opportunities for the relevant portfolios. He also assesses regional and global macro environments, including economic, currency and interest rate trends to understand the top-down drivers for our portfolios. Working closely to assist and support him in the portfolio management process, is our Hong Kong and Beijing team of analysts, who conduct credit and macro research to ensure Job’s recommendations and knowledge base are well rounded and considered which subsequently instills and maintains our clients' trust. Job graduated Phi Beta Kappa from the University of Pennsylvania and is a CFA charter-holder. Whilst English is his first language he speaks fluent Mandarin.
Job Campbell02/02/2002Job Campbell joined Income Partners back in 2003 as a Senior Investment Analyst. He is currently the firm’s lead portfolio manager for Asian USD/hard currency absolute return and long-only products and sits on the firm’s Investment Committee. Job started his career as a Credit Analyst at Brown Brothers Harriman in New York, followed by a position at Goldman Sachs, where his Technology Equity research team received a prestigious and coveted Top 4 place in the ‘Institutional Investor Asia Research Poll’ for their sector coverage, recognition of Job’s acumen and talent. Since joining Income Partners, Job has proven to be a vital contributor to our Asian Credit strategy and currently manages our flagship Asian credit absolute return fund which boasts the longest track record in the industry. Job is directly responsible for bottom-up portfolio construction and optimization involving fundamental credit research and relative value analysis to determine credit selection and trading opportunities for the relevant portfolios. He also assesses regional and global macro environments, including economic, currency and interest rate trends to understand the top-down drivers for our portfolios. Working closely to assist and support him in the portfolio management process, is our Hong Kong and Beijing team of analysts, who conduct credit and macro research to ensure Job’s recommendations and knowledge base are well rounded and considered which subsequently instills and maintains our clients' trust. Job graduated Phi Beta Kappa from the University of Pennsylvania and is a CFA charter-holder. Whilst English is his first language he speaks fluent Mandarin.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
Switzerland, Cayman Islands, United Kingdom, Hong Kong, Offshore, Singapore
Income Partners All Seasons Asian Credit Acc
Initial charge3%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price27.183
CurrencyUSD
Price updated14/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA6T0
Income Partners All Seasons Asian Credit Inc
Initial charge3%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.735
CurrencyUSD
Price updated14/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA6T1
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