Fact sheet: LO GblBBB-BBFndmtl

Fund information
Fund name
LO Global BBB-BB Fundamental R A EUR
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Ashton Parkersince 31/10/2016
  • Yannik Zuffereysince 31/10/2016
  • Jerome Colletsince 31/12/2014
Fund objective
The Global BBB-BB Fundamental Fund seeks to provide an efficient risk-adjusted return for investors by focusing on corporate bonds on the cross over between Investment Grade and High Yield universes.
Benchmark
  • Barclays Global-Aggregate Corporates – 500MM
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.1%
1 Year rank in sector
222/294
Sector
FO Fixed Int - Global
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.
2.37%
Fund size
£285m (£345m 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.
54
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond26.5%
SKAGEN Tellus24.9%
Morg Stnly Gbl Mrtg Securts24.4%
HSBC GIF Gbl AsBk Bd24.3%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International98.1%
    Money Market1.9%
  • Industrials72.2%
    Financials20.6%
    Utilities4.4%
    Money Market1.9%
    Government Agency Bonds0.5%
  • Global Fixed Interest98.1%
    Money Market1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-1.1%1.5%1.1%19.3%-
Sector-1.7%-2.3%0.6%3.4%6%13.5%
Rank within sector13 / 31499 / 31196 / 306222 / 29427 / 235-
Quartile1st2nd2nd4th1st
Calendar performance
 YTD - 20162015201420132012
Fund2.8%3.3%12.6%-1.9%-
Sector4%-1.6%3.7%-1.6%8.2%
Rank within sector167 / 29823 / 27418 / 235113 / 206-
Quartile3rd1st1st3rd
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.
4.31
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.
0.93
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.
0.43
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%.
5.81
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.
5.2
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.
0.78
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.
0.2
Price movement
52 week high11.89
52 week low10.82
Current bid price-
Current offer price-
Current mid price11.73
Region
1International98.1%
2Money Market1.9%
Industry sector
1Industrials72.2%
2Financials20.6%
3Utilities4.4%
4Money Market1.9%
5Government Agency Bonds0.5%
6Asset/Mortgage-Backed Securities0.3%
7Local Government Bonds0.1%
Asset type
1Global Fixed Interest98.1%
2Money Market1.9%
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The Global BBB-BB Fundamental Fund seeks to provide an efficient risk-adjusted return for investors by focusing on corporate bonds on the cross over between Investment Grade and High Yield universes.
Benchmark
  • Barclays Global-Aggregate Corporates – 500MM
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
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.
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).
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, Republic Of Korea, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
LO Global BBB-BB Fundamental I A CHF
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2459
CurrencyCHF
Price updated27/03/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFYX
LO Global BBB-BB Fundamental I A EUR
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price12.5231
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF20Q
LO Global BBB-BB Fundamental I D CHF
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price10.403
CurrencyCHF
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFR4J
LO Global BBB-BB Fundamental I D GBP
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price11.0559
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFR4H
LO Global BBB-BB Fundamental M A CHF
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price10.9723
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5XB
LO Global BBB-BB Fundamental M A EUR
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price12.3841
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5XC
LO Global BBB-BB Fundamental P A CHF
Initial charge5%
Annual charge0.65%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.7213
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3QC
LO Global BBB-BB Fundamental P A EUR
Initial charge5%
Annual charge0.65%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price12.1012
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1EI
LO Global BBB-BB Fundamental R A EUR
Initial charge3%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.37%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price11.7328
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1EJ
LO Global BBB-BB Fundamental S A CHF
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 price11.6926
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1EK
LO Global BBB-BB Fundamental S A USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9251
CurrencyUSD
Price updated30/11/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0OC
LO Global BBB-BB Fundamental Systematic Hedged I A CHF
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price11.6772
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQ7K
LO Global BBB-BB Fundamental Systematic Hedged I A EUR
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price11.9353
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2GU
LO Global BBB-BB Fundamental Systematic Hedged I A USD
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price11.8424
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRWN
LO Global BBB-BB Fundamental Systematic Hedged I D EUR
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price10.8022
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFG2V
LO Global BBB-BB Fundamental Systematic Hedged I D USD
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price11.1703
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFR4S
LO Global BBB-BB Fundamental Systematic Hedged M A CHF
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.6713
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC0EN
LO Global BBB-BB Fundamental Systematic Hedged M A EUR
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price11.5544
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7VZ
LO Global BBB-BB Fundamental Systematic Hedged M A USD
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price11.7979
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5XD
LO Global BBB-BB Fundamental Systematic Hedged M D EUR
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price11.2042
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFPFX
LO Global BBB-BB Fundamental Systematic Hedged M D USD
Initial charge5%
Annual charge0.72%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price10.878
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIVM
LO Global BBB-BB Fundamental Systematic Hedged P A CHF
Initial charge5%
Annual charge0.65%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price11.4945
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPTG
LO Global BBB-BB Fundamental Systematic Hedged P A EUR
Initial charge5%
Annual charge0.65%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price11.7469
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPTF
LO Global BBB-BB Fundamental Systematic Hedged P A USD
Initial charge5%
Annual charge0.65%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price11.5285
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3QB
LO Global BBB-BB Fundamental Systematic Hedged R A EUR
Initial charge3%
Annual charge0.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.34%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price11.6333
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFW1C
LO Global BBB-BB Fundamental Systematic Hedged S A CHF
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 price11.1691
CurrencyCHF
Price updated30/09/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9MY
LO Global BBB-BB Fundamental Systematic Hedged S A EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.7805
CurrencyEUR
Price updated14/02/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFBE
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.