Fact sheet: LO €BBB-BB Fdmntl

Fund information
Fund name
LO Euro BBB-BB Fundamental (EUR) M A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Jerome Colletsince 31/12/2014
  • Ashton Parkersince 31/10/2016
  • Yannik Zuffereysince 31/10/2016
Fund objective
It invests mainly in investment grade corporate bonds issued in Euro, focusing on the cross-over between the investment grade and high yield universes (i.e. rated BBB, BB or equivalent). It seeks to deliver better risk-adjusted returns than traditional investment grade indices .
Benchmark
  • Barclays Euro Aggregate Corporate 500MM (EUR) RI
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.5%
1 Year rank in sector
6/59
Sector
FO Fixed Int - EUR Corporate Bond
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.
0.9%
Fund size
£657m (£664m 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.
20
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX14.8%
Edmond de Rothschild SgFnBd10.6%
Union UnInstEurSbrdnBnds10.1%
Robeco Fin Instns Bonds9.4%
LO €BBB-BB Fdmntl8.5%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • No data available.
  • Industrials74.4%
    Financials16.3%
    Utilities6.9%
    Money Market2.4%
  • European Corporate Fixed Interest97.6%
    Money Market2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.6%0.1%8.5%11%26.6%
Sector0.6%1.1%-0.8%5.4%9.5%23.8%
Rank within sector16 / 6010 / 608 / 596 / 5915 / 5319 / 46
Quartile2nd1st1st1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.7%6.3%-1.3%6.7%3.6%
Sector0.3%4.7%-1%6.9%2.2%
Rank within sector7 / 603 / 5842 / 5643 / 5210 / 49
Quartile1st1st3rd4th1st
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.
-0.08
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.
1.18
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%.
3.7
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.
1.16
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.
0.36
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.
0.92
Price movement
52 week high13.28
52 week low12.2
Current bid price-
Current offer price-
Current mid price13.25
Region
No data available.
Industry sector
1Industrials74.4%
2Financials16.33%
3Utilities6.87%
4Money Market2.4%
Asset type
1European Corporate Fixed Interest97.6%
2Money Market2.4%
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
It invests mainly in investment grade corporate bonds issued in Euro, focusing on the cross-over between the investment grade and high yield universes (i.e. rated BBB, BB or equivalent). It seeks to deliver better risk-adjusted returns than traditional investment grade indices .
Benchmark
  • Barclays Euro Aggregate Corporate 500MM (EUR) RI
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jerome Collet31/12/2014Jérôme Collet joined Lombard Odier in 2010 as Quantitative Portfolio Manager in the fixed Income team. Previously he worked at the University of Reims (France) and Queensland University of Technology as a researcher in Finance and Statistics. He then joined Fortis Investments in March 2006 as a Risk Manager and Quantitative analyst in the Euro Fixed Income investment centre. Following Fortis Investments' merger with ABN AMRO Asset Management, Jérôme Collet became Quantitative strategist. As part of this role, he was in charge of developing and managing the quantitative strategies that are systematically implemented across our portfolios. He graduated in Mathematics. In 2003, he obtained his Ph.D in mathematics at the University of Reims (France).
Ashton Parker31/10/2016Ashton Parker is a Senior Credit Analyst within LOIM’s Fixed Income & Currencies Group. He joined LOIM in March 2011. Prior to joining LOIM, Ashton was a senior credit analyst covering industries, infrastructure, transport and utilities at Goldman Sachs Asset Management. Previously, he was a senior credit analyst at Insight Investment from 2004 to 2008. Before that, he was a senior credit analyst in the capital markets group of Danske Bank, covering the retail, consumer, industrial and automotive sectors. He began his career at NatWest Group after being sponsored through university, where he held credit-related roles including traditional bank lending, project and corporate finance, head office sanctioning and in the highly regarded internal credit rating unit, from 1992 to 2001. Ashton earned a bachelor’s degree in banking insurance and finance from the University College of North Wales in 1992. He is a CFA Charterholder and holds the Chartered Accountant designation.
Yannik Zufferey31/10/2016Yannik Zufferey, PhD, (Vice President) holds a MSc. in Mathematical engineering and a Ph.D in Mathematical Finance from the Swiss Federal Institute of Technology. He started his career in 1999 as consultant within the Financial Risk Management group of IBM Business Consulting Services. In 2004 he joined Lombard Odier Darier Hentsch & Cie in Geneva as the executive assistant of Mr. Patrick Odier, Senior Managing Partner. During 2006 and 2007, he worked eight months for GLG Partners LP, a London based hedge fund. There he developed new quantitative strategies. In July 2007 he went back to Geneva to assume the responsibilities of products specialist for quantitative funds and structured products at Lombard Odier Darier Hentsch & Cie. During 2008 Yannik joined the credit team as a relative value analyst and portfolio manager.
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, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
LO Euro BBB-BB Fundamental (CHF) I A
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price16.8739
CurrencyCHF
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYD6
LO Euro BBB-BB Fundamental (CHF) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price16.5444
CurrencyCHF
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5WE
LO Euro BBB-BB Fundamental (CHF) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price16.2368
CurrencyCHF
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYD5
LO Euro BBB-BB Fundamental (EUR) I A
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price13.5136
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM9T2
LO Euro BBB-BB Fundamental (EUR) I D
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price11.9137
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF34P
LO Euro BBB-BB Fundamental (EUR) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price13.2471
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5WF
LO Euro BBB-BB Fundamental (EUR) M D
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price12.2746
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFOE
LO Euro BBB-BB Fundamental (EUR) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price13.0014
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJM8
LO Euro BBB-BB Fundamental (EUR) P D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price11.0784
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIDY
LO Euro BBB-BB Fundamental (EUR) P D Q
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price11.8606
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5LF
LO Euro BBB-BB Fundamental (EUR) R A
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price12.5967
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code00FX
LO Euro BBB-BB Fundamental (EUR) R D
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)1.95%
Bid price-
Offer price-
Mid price11.7583
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5LG
LO Euro BBB-BB Fundamental (EUR) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price13.7006
CurrencyEUR
Price updated07/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHCN
LO Euro BBB-BB Fundamental (EUR) S D
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price12.8859
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOLS
LO Euro BBB-BB Fundamental (GBP) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price11.828
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5WH
LO Euro BBB-BB Fundamental (GBP) M D
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price10.0937
CurrencyGBP
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5WG
LO Euro BBB-BB Fundamental (GBP) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price11.6083
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJN3
LO Euro BBB-BB Fundamental (GBP) P D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price9.9491
CurrencyGBP
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJN4
LO Euro BBB-BB Fundamental (GPB) Systematic Hedged I D GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price11.2529
CurrencyGBP
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFP9A
LO Euro BBB-BB Fundamental (USD) I A
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price19.4555
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNFE9
LO Euro BBB-BB Fundamental (USD) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price19.08
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5WI
LO Euro BBB-BB Fundamental (USD) M D
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price16.2535
CurrencyUSD
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5WJ
LO Euro BBB-BB Fundamental (USD) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price18.7248
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNFF1
LO Euro BBB-BB Fundamental (USD) P D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price16.0091
CurrencyUSD
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNFF2
LO Euro BBB-BB Fundamental (USD) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price18.5152
CurrencyUSD
Price updated04/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQXM
Data provided by

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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.