Fact sheet: JB GlbInflLnkBnd

Fund information
Fund name
JB Global Inflation Linked Bond C
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Bernhard Urechsince 28/08/2008
Fund objective
The fund invests mainly in inflation linked bonds denominated in USD issued or guaranteed by issuers with a good credit rating from recognised countries. These are bonds where the notional amount is indexed to inflation. Inflation linked bonds therefore offer a protection against inflation. The fund is suitable for investors who are focused on capital accumulation and who wish to invest in an instrument that deliver a protection from inflation by investing in bonds that are related to the consumer price index.
Benchmark
  • Barclays World Govt Inflation Linked Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.9%
1 Year rank in sector
1/4
Sector
FO Fixed Int - USD Index Linked
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.
0.64%
Fund size
£70m (£50m 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.
83
Top in this sector
Fund name1 Year
JB GlbInflLnkBnd6.9%
LM WAGblInfMgt6.4%
Jul Baer MBInfLnkBnd$4.8%
MFS Meridian Infln Adjstd Bd2.7%
...more in FO Fixed Int - USD Index Linked

Performance snapshot

Holdings snapshot

  • USA44.1%
    UK22.3%
    Italy9.9%
    Money Market8.4%
    Spain5.3%
  • AA71.6%
    BBB15.2%
    Money Market5.5%
    AAA4.4%
    A2.1%
  • US Fixed Interest44.1%
    UK Fixed Interest22.3%
    Italian Fixed Interest9.9%
    Money Market8.4%
    Spanish Fixed Interest5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-3.4%3.3%6.9%5.8%3.9%
Sector-2.3%-3.5%1.6%5.1%6.6%4.2%
Rank within sector2 / 42 / 41 / 41 / 43 / 43 / 4
Quartile2nd2nd1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.5%-2.7%0.6%-6%4.3%
Sector6.5%-1.6%2%-5.8%3.3%
Rank within sector1 / 43 / 44 / 42 / 44 / 4
Quartile1st3rd4th2nd4th
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.
-0.52
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
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%.
4.63
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.
1.36
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.
-0.29
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.
0.92
Price movement
52 week high124.75
52 week low110.29
Current bid price-
Current offer price-
Current mid price120.07
Region
1USA44.05%
2UK22.28%
3Italy9.91%
4Money Market8.42%
5Spain5.25%
6France4.26%
7Canada2.33%
8Mexico2.12%
9Luxembourg1.24%
Industry sector
1AA71.55%
2BBB15.16%
3Money Market5.53%
4AAA4.4%
5A2.12%
6Non-Rated1.24%
Asset type
1US Fixed Interest44.05%
2UK Fixed Interest22.28%
3Italian Fixed Interest9.91%
4Money Market8.42%
5Spanish Fixed Interest5.25%
6French Fixed Interest4.26%
7Canadian Fixed Interest2.33%
8Mexican Fixed Interest2.12%
9Luxembourg Fixed Interest1.24%
Individual holdings
1US TREASURY INFLATION IDX BDS 0,250%4.88%
2UK TREASURY 0.125% I/L4.47%
3US TREASURY INFLATION IDX BDS 0,625% 4.1%
4US TREASURY INFLATION IDX BDS 0.125%4.08%
5US TREASURY INFLATION IDX BDS 2.125%3.92%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund invests mainly in inflation linked bonds denominated in USD issued or guaranteed by issuers with a good credit rating from recognised countries. These are bonds where the notional amount is indexed to inflation. Inflation linked bonds therefore offer a protection against inflation. The fund is suitable for investors who are focused on capital accumulation and who wish to invest in an instrument that deliver a protection from inflation by investing in bonds that are related to the consumer price index.
Benchmark
  • Barclays World Govt Inflation Linked Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Bernhard Urech28/08/2008Bernhard 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, Germany, Denmark, Spain, Estonia, France, United Kingdom, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Singapore, Sweden
JB Global Inflation Linked Bond A
Initial charge3%
Annual charge0.7%
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 price104.23
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE9A8
JB Global Inflation Linked Bond B
Initial charge3%
Annual charge0.7%
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 price115.92
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9B0
JB Global Inflation Linked Bond C
Initial charge3%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price120.07
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9B3
JB Global Inflation Linked Bond E
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price111.24
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9B1
Data provided by

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