Fact sheet: JSS CorpBd GlEmMkts

Fund information
Fund name
JSS Corporate Bond - Global Emerging Markets P Acc USD
Fund manager company
Sarasin Investmentfonds Sicav
Fund type
Offshore Fund
Fund manager
  • Gabriel Cedismondisince 21/01/2015
Fund objective
JSS Corporate Bond – Global Emerging Markets (the Fund) seeks to generate the highest possible interest income while maintaining balanced risk diversification and optimal liquidity. The assets of the fund are invested worldwide in fixed and variable-rate securities (including zero bonds) issued or guaranteed by companies domiciled in emerging markets or by companies that conduct the majority of their economic activity in emerging markets. Emerging markets include the developing countries of Asia, Latin America, Eastern Europe and Africa, as defined by J.P. Morgan Index Research, as well as other countries at a comparable stage in their economic development or in which new capital markets are being established.
Benchmark
  • JPM Corporate Broad EMBI Diversifed High Grade Index Level
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.6%
1 Year rank in sector
118/217
Sector
FO Fixed Int - Emerging Markets
Yield
-
Fund size
£261m (£5m 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.
78
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$35.7%
Rubrics Ind Fxd Inc UCITS30.6%
Pictet Lat Am Lcl Cur Dt28.5%
Schroder ISF EmgMktBd27.9%
Pioneer SICV-Emg Mkt Bd26.5%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others37.2%
    Brazil13.1%
    China8%
    United Arab Emirates7.1%
    Mexico6.9%
  • BBB-23.9%
    Others15.5%
    BBB15.2%
    BB+10.6%
    BBB+8.5%
  • Global Fixed Interest37.2%
    Brazilian Fixed Interest13.1%
    Middle East & African Fixed Interest10.1%
    Chinese Fixed Interest8%
    GCC Fixed Interest7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%-3%0.7%4.6%--
Sector-4.4%-3.7%2.2%5.5%-0.2%5.4%
Rank within sector52 / 22683 / 224134 / 222118 / 217--
Quartile1st2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.8%-0.3%---
Sector7.9%-7.3%-0.6%-7%14.7%
Rank within sector153 / 21949 / 203---
Quartile3rd1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high108.55
52 week low98.27
Current bid price-
Current offer price-
Current mid price104.91
Region
1Others37.21%
2Brazil13.08%
3China8.02%
4United Arab Emirates7.05%
5Mexico6.94%
6USA6.78%
7Colombia5.85%
8Turkey5.38%
9India4.94%
Industry sector
1BBB-23.9%
2Others15.51%
3BBB15.2%
4BB+10.59%
5BBB+8.47%
6A-7.02%
7AA+6.78%
8B+4.87%
9BB-4.12%
Asset type
1Global Fixed Interest37.21%
2Brazilian Fixed Interest13.08%
3Middle East & African Fixed Interest10.13%
4Chinese Fixed Interest8.02%
5GCC Fixed Interest7.05%
6Mexican Fixed Interest6.94%
7US Fixed Interest6.78%
8American Emerging Fixed Interest5.85%
9Indian Fixed Interest4.94%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 4.5% BDS 15/02/36 USD10005.67%
2SIAM COMMERCIAL BANK PUBLIC CO LTD 3.5% BDS 07/04/19 USD20000 144A2.16%
3OOREDOO INTERNATIONAL FIN LTD 4.75% GTD 16/02/21 USD200000 144A1.95%
4HUTCHISON WHAMPOA 3.625% BDS 31/10/24 USD200000 REGS1.87%
5LUKOIL INTERNATIONAL FINANCE BV 7.25% NTS 05/11/19 USD100000`144A`1.85%
6BHARTI AIRTEL 4.375% BDS 10/06/25 USD1000 REG S1.81%
7THAI OIL PUBLIC CO LIMITED 3.625% BDS 23/01/23 USD100 144A1.79%
82.125% ANB FINANCE 14.02.181.77%
9MOROCCO(KINGDOM OF) 4.25% BDS 11/12/22 USD200000 144A1.52%
Management
Fund manager group
Sarasin
Fund manager company
Sarasin Investmentfonds Sicav
Fund type
Offshore Fund
Fund objective
JSS Corporate Bond – Global Emerging Markets (the Fund) seeks to generate the highest possible interest income while maintaining balanced risk diversification and optimal liquidity. The assets of the fund are invested worldwide in fixed and variable-rate securities (including zero bonds) issued or guaranteed by companies domiciled in emerging markets or by companies that conduct the majority of their economic activity in emerging markets. Emerging markets include the developing countries of Asia, Latin America, Eastern Europe and Africa, as defined by J.P. Morgan Index Research, as well as other countries at a comparable stage in their economic development or in which new capital markets are being established.
Benchmark
  • JPM Corporate Broad EMBI Diversifed High Grade Index Level
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Gabriel Cedismondi21/01/2015
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Offshore, Sweden
JSS Corporate Bond - Global Emerging Markets C Acc USD
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.77
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR8R
JSS Corporate Bond - Global Emerging Markets C Dist USD
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.2
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUKJ
JSS Corporate Bond - Global Emerging Markets I Acc USD
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price106.41
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFP5E
JSS Corporate Bond - Global Emerging Markets I Dist USD
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.39
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEAFQ
JSS Corporate Bond - Global Emerging Markets I Hedged Acc CHF
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price88.44
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSVA
JSS Corporate Bond - Global Emerging Markets M Hedged Acc CHF
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 price84.3
CurrencyCHF
Price updated15/01/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFU2T
JSS Corporate Bond - Global Emerging Markets P Acc USD
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.91
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFP5D
JSS Corporate Bond - Global Emerging Markets P Dist USD
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.76
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUCP
JSS Corporate Bond - Global Emerging Markets P Hedged Acc CHF
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price87.46
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR6O
JSS Corporate Bond - Global Emerging Markets P Hedged Acc EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price82.84
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQ1W
JSS Corporate Bond - Global Emerging Markets P Hedged Dist EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.19
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE6DH
JSS Corporate Bond - Global Emerging Markets Y Hedged Acc CHF
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.68
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSQS
JSS Corporate Bond - Global Emerging Markets Y Hedged Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price83.99
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSQT
JSS Corporate Bond - Global Emerging Markets Y Hedged Acc USD
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.36
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSQU
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.