Fact sheet: JB BF Euro EUR

Fund information
Fund name
JB BF Euro EUR C
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Mario Fraefelsince 01/01/2005
  • Bernhard Urechsince 14/09/2009
Fund objective
The fund invests predominantly in euro-denominated corporate and government bonds. The focus is on high-quality securities with an AAA - BBB investment grade rating. The aim is to achieve a yield that corresponds to the euro-denominated bond market. The fund is suitable for investors wishing to use a single, diversified, actively managed product to meet their investment requirements in the area of highly rated bonds in euros.
Benchmark
  • Bloomberg Barclays Euro Aggregate
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.9%
1 Year rank in sector
24/65
Sector
FO Fixed Int - EUR Investment Grade
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.
0.6%
Fund size
£106m (£104m 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.
73
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX22.8%
Capital Group EBdFL19.9%
Russell IC II Euro FI19.7%
Pimco GIS Euro Income Bond4.4%
BlackRock GF Eu Corp Bd3.6%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • USA21.2%
    Italy19.5%
    France10%
    Spain8.1%
    Money Market7.3%
  • BBB58.3%
    A19.3%
    AA12.6%
    AAA6.3%
    Non-Rated1.9%
  • US Fixed Interest21.2%
    Italian Fixed Interest19.5%
    French Fixed Interest10%
    Spanish Fixed Interest8.1%
    Money Market7.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-3.4%-0.8%1.9%12.8%31.6%
Sector-1.8%-2.7%-0.2%1.6%11.4%34.9%
Rank within sector56 / 6550 / 6541 / 6524 / 6524 / 6220 / 49
Quartile4th4th3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3%-0%9.9%2.1%11.8%
Sector2.7%-0.2%8.9%3.4%15.2%
Rank within sector23 / 6534 / 6428 / 6220 / 5317 / 49
Quartile2nd3rd2nd2nd2nd
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.
0.58
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.
0.96
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.
0.2
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%.
3.51
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.
1.38
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.
0.3
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.
0.85
Price movement
52 week high474.43
52 week low441.9
Current bid price-
Current offer price-
Current mid price455.88
Region
1USA21.16%
2Italy19.47%
3France9.96%
4Spain8.08%
5Money Market7.33%
6Netherlands4.99%
7UK4.2%
8Ireland3.67%
9Sweden3.18%
Industry sector
1BBB58.3%
2A19.27%
3AA12.56%
4AAA6.27%
5Non-Rated1.85%
6BB1.29%
7Money Market0.41%
8B0.03%
9CC0.01%
Asset type
1US Fixed Interest21.16%
2Italian Fixed Interest19.47%
3French Fixed Interest9.96%
4Spanish Fixed Interest8.08%
5Money Market7.33%
6Dutch Fixed Interest4.99%
7UK Fixed Interest4.2%
8Irish Fixed Interest3.67%
9Swedish Fixed Interest3.18%
Individual holdings
1 ITALY 4.250%5.36%
2ITALY 2.500%3.04%
3E-MAC NL06 2 A 0,923%1.22%
4JB BF EMERGING-C1.08%
5STATOIL ASA 1,625%0.95%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund invests predominantly in euro-denominated corporate and government bonds. The focus is on high-quality securities with an AAA - BBB investment grade rating. The aim is to achieve a yield that corresponds to the euro-denominated bond market. The fund is suitable for investors wishing to use a single, diversified, actively managed product to meet their investment requirements in the area of highly rated bonds in euros.
Benchmark
  • Bloomberg Barclays Euro Aggregate
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mario Fraefel01/01/2005Born in Zurich in 1964, Mario Fraefel obtained his degree from the KV Business School located in his home town. At the early age of sixteen, in 1980, he started his career as a trainee at UBS progressing to portfolio manager where he worked for sixteen years. Joining Swisscanto AM in 1996 he became senior fixed income portfolio manager, a position which he has also held in companies, Julius Bär AM in 2004 and Swiss & Global in 2009. He is currently the head of fixed income credit at Swiss & Global. His investment style implies an actively managed credit fund investing across the full spectrum of credit ratings. Aside from his professional life, he enjoys golfing and skiing.
Bernhard Urech14/09/2009Bernhard Urech was born in 1967 in Switzerland and graduated from the University of Zurich. He is a CFA Charterholder. In 1994 through to 2002 he was a trader in fixed income in Clariden Bank. He was promoted to head of USD fixed income funds in 2003. Since February 2008, Bernhard works at Swiss & Global Asset Management (former Julius Baer Asset Management) as head of fixed income interest rates.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, Estonia, France, United Kingdom, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Peru, Singapore, Sweden
JB BF Euro EUR A
Initial charge3%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price124.38
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJG65
JB BF Euro EUR B
Initial charge3%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price422.65
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJG64
JB BF Euro EUR C
Initial charge3%
Annual charge0.35%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price455.88
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJA05
JB BF Euro EUR E
Initial charge3%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price159.71
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJE09
Data provided by

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