Fact sheet: LGLOBAL Asian Bond

Fund information
Fund name
LGLOBAL Asian Bond A USD
Fund manager company
MDO Management Company S.A.
Fund type
Offshore Fund
Fund manager
  • Lion Global Investors Ltdsince 31/05/2011
Fund objective
The Fund aims to provide total return of capital growth and income over the medium to long term, through an actively managed portfolio of fixed and floating rate bonds, convertible bonds, real estate investment trusts ("REITs") and other debt or debt-related securities issued by corporates, governments, quasi-government, government agencies, supranationals and other eligible issuers predominantly in the Asian region. There is no target industry or sector.
Benchmark
  • JPMorgan Non-investment Grade Corporates Total Return Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.2%
1 Year rank in sector
7/27
Sector
FO Fixed Int - Asia Pacific
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.
1.64%
Fund size
£27m (£15m 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
Aberdeen Gbl AsLCuShDuBd19%
Fidelity Asian Hi Yd12.1%
Eastspring Inv AHYBd9.5%
Matthews Asia Credit Opps8.8%
Ashmore Emg Mkts Asian CorpDebt8.3%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

  • China45%
    Indonesia14%
    Hong Kong10.7%
    Money Market7.3%
    India3.8%
  • Real Estate39.6%
    Financials26.9%
    Industrials11.2%
    Cash & Cash Equivalents7.3%
    Energy3.8%
  • Chinese Fixed Interest45%
    Indonesian Fixed Interest14%
    Hong Kong Fixed Interest10.7%
    Money Market7.3%
    Indian Fixed Interest3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-4.3%-0.2%5.2%11.2%-
Sector-2.9%-3.4%0.6%3.7%6.2%14.1%
Rank within sector16 / 2918 / 2917 / 297 / 279 / 23-
Quartile3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%0.5%3.9%--
Sector4.6%-2%3.7%-3.3%11.1%
Rank within sector10 / 2711 / 2514 / 23--
Quartile2nd2nd3rd
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.
1.6
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.
0.98
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.
0.03
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%.
5.06
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.
2.65
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.
0.57
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.
0.72
Price movement
52 week high10.09
52 week low9
Current bid price-
Current offer price-
Current mid price9.62
Region
1China45%
2Indonesia14%
3Hong Kong10.7%
4Money Market7.3%
5India3.8%
6Philippines3.8%
7Korea3.7%
8Singapore3.7%
9Japan2.4%
Industry sector
1Real Estate39.6%
2Financials26.9%
3Industrials11.2%
4Cash & Cash Equivalents7.3%
5Energy3.8%
6Cyclical Consumer Goods3.6%
7Utilities3.4%
8Government Bonds2.2%
9Basic Materials1%
Asset type
1Chinese Fixed Interest45%
2Indonesian Fixed Interest14%
3Hong Kong Fixed Interest10.7%
4Money Market7.3%
5Indian Fixed Interest3.8%
6Philippine Fixed Interest3.8%
7Singapore Fixed Interest3.7%
8South Korean Fixed Interest3.7%
9Japanese Fixed Interest2.4%
Individual holdings
1PERUSAHAAN LISTRIK NEGARA PT 5.25% BDS 24/10/42 USD200000 REG S3.6%
2HUARONG FIN II 16-29/12/20492.8%
3FITA INTERNATIONAL LTD 7% BDS 10/02/20 USD10002.7%
4MAJAPAHIT HOLDING BV 8% BDS 07/08/19 USD1000`144A`2.7%
5WANDA COMMERCIAL PROPERTIES 7.25% BDS 29/01/24 USD2000002.7%
6ICICI BANK 5.75% BDS 16/11/20 USD100000 REG S2.6%
7MOON WISE GLOBAL 9% BDS 29/01/49 USD2000002.6%
8LOGAN PROPERTY HLDGS LTD 9.75% BDS 08/12/17 USD2000002.5%
9PELABUHAN INDONESIA (PELINDO) II P RegS 4.25 05/05/20252.4%
Management
Fund manager group
No data available.
Fund manager company
MDO Management Company S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to provide total return of capital growth and income over the medium to long term, through an actively managed portfolio of fixed and floating rate bonds, convertible bonds, real estate investment trusts ("REITs") and other debt or debt-related securities issued by corporates, governments, quasi-government, government agencies, supranationals and other eligible issuers predominantly in the Asian region. There is no target industry or sector.
Benchmark
  • JPMorgan Non-investment Grade Corporates Total Return Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Lion Global Investors Ltd31/05/2011Lion Global Investors has one of the most experienced teams dedicated to regional and global equities and fixed income markets. The average years of experience of each member of the investment team spans more than 10 years. Lion Global Investors' investment capabilities are greatly enhanced by its specialised teams of experienced analysts and investment managers. The firm's investment approach will be team-based and research-intensive, combining in-depth market insights with comprehensive sector knowledge. Lion Global Investors is now one of the largest asset management companies in Singapore and the region, with total assets under management of about S$32 billion and a staff strength of about 140. Lion Global Investors is headed by Chief Executive Officer and Chief Investment Officer, Mr Daniel Chan, who is a veteran in the fund management business.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore
LGLOBAL Asian Bond A USD
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price9.616
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK0QZ
LGLOBAL Asian Bond I Dis
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price11.48
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUZL
Data provided by

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