Fact sheet: LO Abs Retn Bd

Fund information
Fund name
LO Absolute Return Bond (EUR) I A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Grant Peterkinsince 24/03/2013
  • Gregor Macintoshsince 01/12/2010
  • Federico Belaksince 01/01/2013
Fund objective
The Total Return Bond EUR Fund is a diversified core fixed income strategy targeting annualised returns of Inflation +2% The fund is invested mainly in EUR denominated fixed income assets, but can utilise all fixed income asset classes in a risk controlled framework to add value The fund's investment process recognises that different asset classes will outperform depending on at which stage of the economic cycle we are in.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-1.5%
1 Year rank in sector
-
Sector
FO Absolute Return
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.
0.69%
Fund size
£292m (£376m 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.
9
Top in this sector
Fund name1 Year
SW Mitchell Emerging European20.1%
Pioneer SICV-AbsRetBd13.8%
BlackRock SFAmDfEAbslRn13%
Polar Capital UK Abs Eq12.7%
Allianz Gbl Strat11.8%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%-0.5%-0.3%-1.5%-3.6%3.8%
Sector0.1%1.5%1.5%0.8%3.9%10.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-0.5%-1.3%-1.3%0.4%6.5%
Sector0.5%0.7%1.2%3.6%3.9%
Rank within sector-----
Quartile
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.
-0.89
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.
-0.17
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%.
1.59
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.
2.7
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.
-0.96
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.
0.04
Price movement
52 week high12.39
52 week low12.19
Current bid price-
Current offer price-
Current mid price12.21
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The Total Return Bond EUR Fund is a diversified core fixed income strategy targeting annualised returns of Inflation +2% The fund is invested mainly in EUR denominated fixed income assets, but can utilise all fixed income asset classes in a risk controlled framework to add value The fund's investment process recognises that different asset classes will outperform depending on at which stage of the economic cycle we are in.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Grant Peterkin24/03/2013Grant Peterkin is a Senior Portfolio Manager for the Global and Emerging Fixed Income Group with LOIM. He joined LOIM in March 2013. Prior to joining LOIM, Grant was a senior portfolio manager in the rates team at Ignis Asset Management. Previously, he was a director in risk treasury at Citigroup from 2010 to 2011. Before that, he was an investment director in the fixed income team at Standard Life Investments from 2004 to 2010. He began his career as an associate in the equity derivatives group at JP Morgan in 1999. Grant earned a bachelor’s degree in European business administration and French from the Robert Gordon University in 1999. He holds the IFD, Investment Management Certificate and Securities Institute qualifications.
Gregor Macintosh01/12/2010Gregor Macintosh is Head of Rates within LOIM's Fixed Income & Currencies Group. He joined LOIM in July 2010. Prior to joining LOIM, Gregor was head of rates at Standard Life Investments, after joining them in 2002 to run global and European rates and FX portfolios. During his tenure, he was presented with the Thomson Reuters Lipper award for best bond Sicav range and the Asian Investor award for best global fixed income fund. Before that, he was investment manager at Edinburgh Fund Managers Plc, responsible for global rates, and FX and sterling corporate bond portfolios for institutional clients. He began his career producing earnings guides to the European and Japanese equity markets at the Estimate Directory from 1995 to 1996. Gregor earned a bachelor's degree in economics from Heriot-Watt University in Edinburgh in 1994. He also holds a post-graduate diploma in investment analysis from Stirling University. He is an Associate of the UK Institute of Investment Management and Research, holds the Investment Management Certificate and is a registered representative of the Securities and Futures Authority.
Federico Belak01/01/2013Fred Belak is a Portfolio Manager within LOIM’s Fixed Income & Currencies Group. He joined LOIM in March 2011. Prior to joining LOIM, Fred was a partner at a small hedge fund. Previously, he managed currencies in the chief investment office of JP Morgan from 2006 to 2008. Before that, he was portfolio manager in the macro hedge fund team at UBS; under his tenure, the UBS Currency Fund was nominated for best macro fund in Europe by Eurohedge in 2001, 2002 and 2003. Prior to that, he ran the Barclays office in Singapore during the Asian crisis from 1997 to 1999. He began his career as a currency options trader at O’Connor & Associates in 1991, and, following the merger with Swiss Bank Corporation in 1993, was a currency trader in developed and emerging markets at the merged organization. Fred earned an MBA in 1991 and holds a bachelor’s degree in economics, both from Cornell University in New York.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV 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 Absolute Return Bond (CHF) I A
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price16.8921
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAKQ
LO Absolute Return Bond (CHF) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price16.8327
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFAKR
LO Absolute Return Bond (CHF) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price15.0941
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHXQ
LO Absolute Return Bond (CHF) P D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price10.345
CurrencyCHF
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHXR
LO Absolute Return Bond (CHF) 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 price17.3192
CurrencyCHF
Price updated11/12/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHDT
LO Absolute Return Bond (CHF) Systematic Hedged M D
Initial charge-
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price10.5312
CurrencyCHF
Price updated09/08/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHXP
LO Absolute Return Bond (EUR) I A
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price12.2147
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeL736
LO Absolute Return Bond (EUR) I D
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price11.6821
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI7F2
LO Absolute Return Bond (EUR) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price12.0218
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5YB
LO Absolute Return Bond (EUR) M D
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price8.1959
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5YC
LO Absolute Return Bond (EUR) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price11.8199
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLO90
LO Absolute Return Bond (EUR) P D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price8.0583
CurrencyEUR
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLO91
LO Absolute Return Bond (EUR) R A
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price11.4414
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI7F4
LO Absolute Return Bond (EUR) R D
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI7F3
LO Absolute Return Bond (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 price12.3673
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI7F5
LO Absolute Return Bond (GBP) Systematic Hedged I D
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price9.792
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFE4R
LO Absolute Return Bond (GBP) Systematic Hedged M A
Initial charge-
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price9.7685
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQAZ
LO Absolute Return Bond (USD) I A
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price17.8544
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFAON
LO Absolute Return Bond (USD) M A
Initial charge5%
Annual charge0.55%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price17.8303
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5YE
LO Absolute Return Bond (USD) P A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price17.5308
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKET9
LO Absolute Return Bond (USD) P D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price13.3871
CurrencyUSD
Price updated28/04/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKEU0
LO Absolute Return Bond (USD) R A
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price17.1634
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF7NV
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.