Fact sheet: JB BF ABS EUR

Fund information
Fund name
JB BF ABS EUR B EUR
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Matthias Wildhabersince 30/06/2006
  • Kubli Laurencesince 03/12/2008
Fund objective
The fund currently invests primarily in floating-rate Asset Backed Securities (ABS). The focus is on securities with an investment grade credit rating (AAA - BBB). Currency risks relative to the EUR are hedged systematically. The fund is suitable for clients with EUR as reference currency and wishing to invest in floating-rate ABS without taking increased interest rate or currency risks.
Benchmark
  • EMMI Euribor 3 Months
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.8%
1 Year rank in sector
-
Sector
FO Fixed Int - EUR Securitised
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.
1.12%
Fund size
£349m (£639m 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.
67
Top in this sector
Fund name1 Year
JB BF ABS EUR1.8%
...more in FO Fixed Int - EUR Securitised

Performance snapshot

Holdings snapshot

  • No data available.
  • AAA61.5%
    AA13.2%
    BBB9%
    B5.5%
    A2.7%
  • Global Corporate Fixed Interest53%
    Global Fixed Interest41.4%
    Others4.2%
    Money Market1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.4%1.4%1.8%2.4%13.2%
Sector0%0.5%1.5%1.9%2.3%7.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund1.9%-0.8%1.2%3%7.3%
Sector2%-0.8%1%1.5%3.6%
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.
0.03
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.
1.01
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%.
0.83
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.
0.1
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.
0.36
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.
0.99
Price movement
52 week high106.83
52 week low104
Current bid price-
Current offer price-
Current mid price106.73
Region
No data available.
Industry sector
1AAA61.52%
2AA13.17%
3BBB9%
4B5.54%
5A2.65%
6BB2.57%
7CC2.23%
8CCC1.74%
9Money Market1.31%
Asset type
1Global Corporate Fixed Interest52.97%
2Global Fixed Interest41.37%
3Others4.22%
4Money Market1.44%
Individual holdings
1ARBR 2014-1X A 1.450%3.61%
2SLMA 0 12/15/33 0.248%3.43%
3VCL 23 A 0.179%3.02%
4BUMP 6 A 0.079%2.99%
5GLGE 1X A1 1.350%2.9%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund currently invests primarily in floating-rate Asset Backed Securities (ABS). The focus is on securities with an investment grade credit rating (AAA - BBB). Currency risks relative to the EUR are hedged systematically. The fund is suitable for clients with EUR as reference currency and wishing to invest in floating-rate ABS without taking increased interest rate or currency risks.
Benchmark
  • EMMI Euribor 3 Months
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Matthias Wildhaber30/06/2006Matthias Wildhaber was born in 1973 in Winterhur, Switzertland. He studied at the Fachhochschule Nordwestschweiz, Baden, where he gained the degree of Business Administration. He is a certified international investment analyst (CIIA) and a member of the Swiss Financial Analyst Association. Matthias worked for Bank Julius Bär for nine years before joining Swiss and Global in October 2009 as a portfolio manager. Matthias uses a top down view and cash as one of the tactical elements of his investment strategy. Outside of fund management he enjoys shooting, skiing and shooting.
Kubli Laurence03/12/2008Laurence Kubli was born in the Swiss town of Neuchâtel in 1968 and graduated from the University of St.Gallen. Laurence started her career at Credit Suisse where she worked as an investment advisor and derivative investor. After four years, in 1996, he joined Merrill Lynch and in 1999 she started her fund management career at Man Group. In 2007 she joined Swiss & Global where she is a fund manager. In her spare time, Laurence enjoys several activities such as skiing, biking, hiking, sailing, diving and listening to music.
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, Switzerland, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Singapore, Sweden
JB BF ABS EUR A
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price74.41
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJS09
JB BF ABS EUR B EUR
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price106.73
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJS08
JB BF ABS EUR B GBP
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 price100
CurrencyGBP
Price updated17/02/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHFA
JB BF ABS EUR CA
Initial charge3%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price104.77
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF28H
JB BF ABS EUR E
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price101.09
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJS10
Data provided by

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