Fact sheet: Jul Baer FxIncGlbLwInvGrd

Fund information
Fund name
Jul Baer Fixed Income Global Low Investment Grade B EUR
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Rolf Streulisince 21/07/2014
Fund objective
The fund invests predominantly in euro (EUR) or US dollar (USD) denominated bonds that are issued by states, international organizations or companies. The fund invests a predominant part of its assets in bonds with a low investment grade rating of no more than A+ from S&P or an equivalent rating from another recognised rating agency. The fund is suitable for investors who have a long-term investment horizon as well as a very high degree of risk tolerance.
Benchmark
  • BofA ML EMU Corporates, BBB-A Rated
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.2%
1 Year rank in sector
182/287
Sector
FO Fixed Int - Global
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.
1.13%
Fund size
£460m (£375m 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.
66
Top in this sector
Fund name1 Year
Capital Group GHIOL32%
Aberdeen Global II GlGovtBd27.9%
Russell Gbl Bd27.7%
Dodge & Cox Global Bond26.9%
Baring Intl Bd26.7%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International98.7%
    Money Market1.3%
  • BBB65.5%
    A20.6%
    BB6%
    AA4.9%
    Money Market1.3%
  • Global Fixed Interest98.7%
    Money Market1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%1.1%3.1%4.2%--
Sector-0.4%2.2%3.9%5.1%8.3%16%
Rank within sector197 / 304203 / 302182 / 300182 / 287--
Quartile3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.1%-1%---
Sector5.9%-1.6%3.7%-1.6%8.2%
Rank within sector172 / 296139 / 276---
Quartile3rd3rd
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 high105.75
52 week low99.26
Current bid price-
Current offer price-
Current mid price104.83
Region
1International98.7%
2Money Market1.3%
Industry sector
1BBB65.53%
2A20.63%
3BB6%
4AA4.87%
5Money Market1.25%
6Non-Rated1.13%
7AAA0.59%
Asset type
1Global Fixed Interest98.7%
2Money Market1.3%
Individual holdings
1DOW CHEMICAL CO 3.000%1.39%
2SUEZ 1.25% BDS 19/05/28 EUR1000001.39%
3EBAY INC 2.875% NTS 01/08/21 USD20001.36%
4VERIZON COMM INC 2.625%1.33%
5QUALCOMM INC 3% BDS 20/05/22 USD20001.28%
6BANK OF NOVA SCOTIA 2,800%1.18%
7AFLAC INC 3.625% BDS 15/06/23 USD10001.12%
8ATRIUM EUROPEAN REAL ESTATE LTD 4% BDS 20/04/20 EUR1000001.12%
9AGILENT TECHNOLOGIES INC 3.875% BDS 15/07/23 USD10001.09%
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 (EUR) or US dollar (USD) denominated bonds that are issued by states, international organizations or companies. The fund invests a predominant part of its assets in bonds with a low investment grade rating of no more than A+ from S&P or an equivalent rating from another recognised rating agency. The fund is suitable for investors who have a long-term investment horizon as well as a very high degree of risk tolerance.
Benchmark
  • BofA ML EMU Corporates, BBB-A Rated
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Rolf Streuli21/07/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Jul Baer Fixed Income Global Low Investment Grade B EUR
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price104.83
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLXC
Jul Baer Fixed Income Global Low Investment Grade BH CHF
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price102.01
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQAW
Jul Baer Fixed Income Global Low Investment Grade BH USD
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price104.59
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQAV
Jul Baer Fixed Income Global Low Investment Grade K EUR
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.28
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8JT
Jul Baer Fixed Income Global Low Investment Grade KH CHF
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8JR
Jul Baer Fixed Income Global Low Investment Grade KH USD
Initial charge5%
Annual charge0.5%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.77
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8JS
Jul Baer Fixed Income Global Low Investment Grade Z EUR
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 price104.86
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW8V
Data provided by

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