Fact sheet: Kames StGlBd

Fund information
Fund name
Kames Strategic Global Bond B Inc USD
Fund manager company
Kames Capital
Fund type
OEIC
Fund managers
  • Philip Milburnsince 08/11/2007
  • David Robertssince 08/11/2007
  • Colin Finlaysonsince 13/09/2015
Fund objective
To maximise total return (income plus capital).
Benchmark
  • Lipper Global - Bond Global sector median
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
6.7%
1 Year rank in sector
119/298
Sector
FO Fixed Int - Global
Yield
1.2%
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.
0.84%
Fund size
£773m (£1,108m 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.
17
Top in this sector
Fund name1 Year
Twelve Falcon Ins Lkd Strat213%
Capital Group GHIOL42%
Dodge & Cox Global Bond30.2%
Franklin Gbl HiInc Bd23.4%
CG Real Return22.3%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA48%
    UK17.6%
    Money Market8.3%
    Netherlands6.2%
    Others6.1%
  • Industrials32.2%
    Financials30.8%
    Asset/Mortgage-Backed Securities11.4%
    Government Bonds10.4%
    Money Market9.4%
  • US Fixed Interest48%
    UK Fixed Interest17.6%
    Money Market8.3%
    Dutch Fixed Interest6.2%
    Global Fixed Interest6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%0.3%0.1%6.7%7.5%21.9%
Sector0.3%1.1%-0.9%6%6.3%11.6%
Rank within sector209 / 326221 / 318110 / 309119 / 298107 / 23737 / 171
Quartile3rd3rd2nd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.7%4.1%-0.6%4.6%2.5%
Sector0.7%4.6%-1.6%3.7%-1.6%
Rank within sector159 / 325129 / 295117 / 269108 / 23233 / 205
Quartile2nd2nd2nd2nd1st
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.
0.86
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.
0.84
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%.
2.77
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.
1.57
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.
0.34
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.
0.7
Price movement
52 week high13.18
52 week low12.38
Current bid price-
Current offer price-
Current mid price12.99
Region
1USA48%
2UK17.6%
3Money Market8.3%
4Netherlands6.2%
5Others6.1%
6France5.1%
7Switzerland2.7%
8Australia2.1%
9New Zealand2%
Industry sector
1Industrials32.2%
2Financials30.8%
3Asset/Mortgage-Backed Securities11.4%
4Government Bonds10.4%
5Money Market9.4%
6Utilities4.1%
7Government Agency Bonds1.7%
Asset type
1US Fixed Interest48%
2UK Fixed Interest17.6%
3Money Market8.3%
4Dutch Fixed Interest6.2%
5Global Fixed Interest6.1%
6French Fixed Interest5.1%
7Swiss Fixed Interest2.7%
8Australian Fixed Interest2.1%
9New Zealand Fixed Interest2%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 0% NTS 31/10/17 USD10007.01%
2UNITED STATES OF AMER TREAS BILLS 1.875% BDS 31/05/22 USD1006.28%
3UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1002.66%
4UNITED STATES OF AMER TREAS NOTES 2.125% TB 15/05/25 USD10001.74%
5UBS AG(STAMFORD) FRN 01/06/20 USD10001.58%
6PRUDENTIAL PLC 5.7% DATED TIER 2 NTS 19/12/63 GBP1000001.28%
7AMERICAN EXPRESS CREDIT CORP FRN 18/03/19 USD20001.27%
8JPMORGAN CHASE & CO FRN 28/01/19 USD10001.26%
9UNITED STATES OF AMER TREAS BONDS 0% BDS 15/02/45 USD10001.24%
Management
Fund manager group
Kames Capital
Fund manager company
Kames Capital
Fund type
OEIC
Fund objective
To maximise total return (income plus capital).
Benchmark
  • Lipper Global - Bond Global sector median
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Philip Milburn08/11/2007Phil Milburn is Head of Investment Strategy in the Fixed Income team. He joined us in 1997 from the University of Edinburgh, where he earned a first class honours degree in Economics. After spells in UK and Latin American equities, Phil joined the fixed income team, where he now manages our strategic and high yield bond portfolios. Phil is also an integral member of the Investment Association Fixed Income Committee, helping lead on many industry initiatives.
David Roberts08/11/2007David Roberts is Head of Fixed Income and responsible for managing the fixed income team. In addition, he co-manages several funds including the flagship Kames Strategic Bond Fund, and has responsibility for overseeing cash and derivative management for the majority of Kames Capital’s clients. David joined us in 2004 from Britannic Asset Management where he was Head of Credit. He worked in the banking sector for a decade before moving into asset management. David studied Economics and Industrial Relations at the University of Strathclyde and has an MSc in Investment Analysis from the University of Stirling.
Colin Finlayson13/09/2015Colin Finlayson is an investment manager in Kames Capital’s Fixed Income team and specialises in global government bonds and relative-value analysis. He is the co-manager of the Kames Absolute Return Fund and Kames Strategic Global Bond Fund as well as the Core Plus and Long Core Plus pooled pension funds. He joined us in 2000 directly from the University of Strathclyde, where he studied Economics and Finance. Colin is a CFA charterholder.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Malta, Netherlands, Offshore, Sweden
Kames Strategic Global Bond A Acc USD
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price12.1475
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09ZI
Kames Strategic Global Bond A Hedged Acc CHF
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price11.2365
CurrencyCHF
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJV9
Kames Strategic Global Bond A Hedged Acc EUR
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price11.7254
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09ZJ
Kames Strategic Global Bond A Hedged Acc GBP
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price12.0698
CurrencyGBP
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code09ZH
Kames Strategic Global Bond A Hedged Inc EUR
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price8.6754
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA6C3
Kames Strategic Global Bond A Hedged Inc GBP
Initial charge5.5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price11.1143
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA6C5
Kames Strategic Global Bond B Hedged Acc CHF
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8764
CurrencyCHF
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM28Q
Kames Strategic Global Bond B Hedged Acc EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.6198
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZ4Z
Kames Strategic Global Bond B Hedged Acc GBP
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price11.926
CurrencyGBP
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code10UP
Kames Strategic Global Bond B Hedged Acc SEK
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.3606
CurrencySEK
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMY2A
Kames Strategic Global Bond B Hedged Acc SGD
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2024
CurrencySGD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAEZ
Kames Strategic Global Bond B Hedged Inc EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price8.646
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA6C6
Kames Strategic Global Bond B Hedged Inc GBP
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price6.3072
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEVC6
Kames Strategic Global Bond B Inc USD
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price12.9908
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEVC5
Data provided by

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