Fact sheet: JB BF Euro Government EUR

Fund information
Fund name
JB BF Euro Government EUR C
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Peter Schützsince 01/01/2005
Fund objective
The fund invests primarily in EUR-denominated bonds issued by member states of the European Monetary Union. Only countries and their constituent states (e.g. provinces, federal states, etc.) are considered for inclusion in the fund. The fund is appropriate for security-minded investors in the EUR bonds market wishing to concentrate on instruments of a very high quality.
Benchmark
  • Citigroup EMU Government Bond Index All Maturities
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1.6%
1 Year rank in sector
9/22
Sector
FO Fixed Int - EUR Government
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.
0.59%
Fund size
£47m (£40m 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.
76
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Performance snapshot

Holdings snapshot

  • Italy26.9%
    France19.4%
    Spain17.2%
    Germany8.1%
    Belgium5.5%
  • BBB44.1%
    AA28.4%
    AAA16.6%
    Money Market4.3%
    A4.1%
  • Italian Fixed Interest26.9%
    French Fixed Interest19.4%
    Spanish Fixed Interest17.2%
    German Fixed Interest8.1%
    Belgian Fixed Interest5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-4.3%-1.6%1.6%16.5%33.8%
Sector-2.5%-4.5%-2.2%1.3%13.3%26.1%
Rank within sector11 / 2316 / 239 / 239 / 224 / 203 / 18
Quartile2nd3rd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund2.2%0.6%13.3%2.4%10.5%
Sector1.3%0.4%11.4%1%8.7%
Rank within sector7 / 2211 / 224 / 203 / 197 / 18
Quartile2nd2nd1st1st2nd
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.
0.59
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.
1.07
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.
0.33
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%.
4.72
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.
1.05
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.
0.81
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.
0.95
Price movement
52 week high215.43
52 week low201
Current bid price-
Current offer price-
Current mid price205.76
Region
1Italy26.9%
2France19.36%
3Spain17.24%
4Germany8.09%
5Belgium5.47%
6Money Market4.34%
7Luxembourg4.15%
8Netherlands4.13%
9Austria2.85%
Industry sector
1BBB44.1%
2AA28.37%
3AAA16.58%
4Money Market4.34%
5A4.13%
6BB2.48%
Asset type
1Italian Fixed Interest26.9%
2French Fixed Interest19.36%
3Spanish Fixed Interest17.24%
4German Fixed Interest8.09%
5Belgian Fixed Interest5.47%
6Money Market4.34%
7Luxembourg Fixed Interest4.15%
8Dutch Fixed Interest4.13%
9Austrian Fixed Interest2.85%
Individual holdings
1JB BF EMERGING-C2.98%
2MEXICO(UNITED MEXICAN STATES) 2.5% TB 10/12/20 MXV1001.34%
3SPAIN(KINGDOM OF) 5.85% BDS 31/01/22 EUR10001.11%
4JB EMERGING MKTS INF LK EURC1.09%
5SPAIN(KINGDOM OF) 5.5% BDS 30/7/2017 EUR10001.05%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund invests primarily in EUR-denominated bonds issued by member states of the European Monetary Union. Only countries and their constituent states (e.g. provinces, federal states, etc.) are considered for inclusion in the fund. The fund is appropriate for security-minded investors in the EUR bonds market wishing to concentrate on instruments of a very high quality.
Benchmark
  • Citigroup EMU Government Bond Index All Maturities
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Peter Schütz01/01/2005
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, Bulgaria, Switzerland, Germany, Spain, Estonia, France, United Kingdom, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Peru, Singapore, Sweden
JB BF Euro Government EUR A
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price113.45
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJA07
JB BF Euro Government EUR B
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price192.3
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJG42
JB BF Euro Government EUR C
Initial charge3%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price205.76
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJA06
JB BF Euro Government EUR E
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price167.68
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJD04
Data provided by

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