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 01/06/2011
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
7.6%
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.
1.81%
Fund size
£24m (£14m 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
Aberdeen Gbl AsLCuShDuBd14.8%
Fidelity Asian Hi Yd14.5%
Ashmore EmMRKAsCrpDbt11.4%
Eastspring Inv AHYBd11.2%
Matthews Asia Credit Opps8.7%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

  • China55.7%
    Hong Kong13%
    Indonesia10.5%
    Philippines4.3%
    Singapore4%
  • Real Estate42.4%
    Financials27%
    Industrials12.5%
    Cyclical Consumer Goods4.8%
    Utilities4.8%
  • Chinese Fixed Interest55.7%
    Hong Kong Fixed Interest13%
    Indonesian Fixed Interest10.5%
    Philippine Fixed Interest4.3%
    Singapore Fixed Interest4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%2.6%0%7.6%16.3%-
Sector0.5%2.9%-0.9%4.6%9.1%13.4%
Rank within sector25 / 3019 / 3010 / 297 / 277 / 23-
Quartile4th3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.4%7.7%0.5%3.9%-
Sector2.9%4.6%-2%3.7%-3.3%
Rank within sector20 / 307 / 2711 / 2414 / 22-
Quartile3rd2nd2nd3rd
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.
2.23
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.
0.96
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.
0.28
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%.
5.14
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.
2.82
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.
0.74
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 high10.09
52 week low9.34
Current bid price-
Current offer price-
Current mid price9.63
Region
1China55.7%
2Hong Kong13%
3Indonesia10.5%
4Philippines4.3%
5Singapore4%
6India3.1%
7Japan2.6%
8Korea2.1%
9Malaysia1.8%
Industry sector
1Real Estate42.4%
2Financials27%
3Industrials12.5%
4Cyclical Consumer Goods4.8%
5Utilities4.8%
6Energy4.3%
7Basic Materials2.2%
8Cash & Cash Equivalents1.1%
9Non-Cyclical Consumer Goods0.9%
Asset type
1Chinese Fixed Interest55.7%
2Hong Kong Fixed Interest13%
3Indonesian Fixed Interest10.5%
4Philippine Fixed Interest4.3%
5Singapore Fixed Interest4%
6Indian Fixed Interest3.1%
7Japanese Fixed Interest2.6%
8South Korean Fixed Interest2.1%
9Malaysian Fixed Interest1.8%
Individual holdings
1POWERLONG REAL ESTATE HOLDINGS LTD 4.875% MTN 15/09/21 USD10002.6%
2MAJAPAHIT HOLDING BV 8% BDS 07/08/19 USD1000`144A`2.4%
3FITA INTERNATIONAL LTD 7% BDS 10/02/20 USD10002.3%
4MOON WISE GLOBAL 9% BDS 29/01/49 USD2000002.3%
5WANDA COMMERCIAL PROPERTIES 7.25% BDS 29/01/24 USD2000002.3%
6CHINA MERCHANTS FINANCE 5% MTN 04/05/22 USD2000002.2%
7LOGAN PROPERTY HLDGS LTD 9.75% BDS 08/12/17 USD2000002.2%
8TALENT YIELD INVESTMENTS LTD 4.5% BDS 25/04/22 USD1000 144A2.2%
9WANDA PROPERTIES OVERSEAS 4.875% BDS 21/11/18 USD2000002.2%
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 Ltd01/06/2011 Lion Global, a member of the Oversea-Chinese Banking Corporation Limited (OCBC) Group, is one of the largest asset management companies in Southeast Asia. Established as an Asian asset specialist since 1986, Lion Global offers equities and fixed income funds to institutional and retail investors globally. They have one of the largest and most experienced investment teams dedicated to regional and global equities and fixed income markets, with more than 40 to 50 investment professionals with an average of 14 to 15 years of investment experience. The company's commitment to investment excellence begins with a team-based and research-intensive approach, combining in-depth market insights with comprehensive sector knowledge. Their network of regional offices outside of Singapore includes Malaysia and Brunei. Lion Global is 70% owned by Great Eastern Holdings Limited and 30% owned by Orient Holdings Private Limited, a wholly-owned subsidiary of OCBC Bank. They also have a 70% stake in Pacific Mutual Fund Berhad, a Malaysian fund management company.
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)1.81%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price9.627
CurrencyUSD
Price updated22/03/2017
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)1.31%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price11.509
CurrencyUSD
Price updated22/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGUZL
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.