Fact sheet: LO Glbl Corp Fun

Fund information
Fund name
LO Global Corporate Fundamental (USD) I A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Jerome Colletsince 31/12/2014
  • Yannik Zuffereysince 31/10/2016
  • Ashton Parkersince 31/10/2016
Fund objective
The fund invests mainly in global investment grade corporate bonds. It seeks to deliver better risk-adjusted returns than traditional investment grade indices.
Benchmark
  • Barclays Global-Aggregate Corporates – 500MM
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.3%
1 Year rank in sector
237/296
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.
0.77%
Fund size
£250m (£315m 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.
57
Top in this sector
Fund name1 Year
Capital Group GHIOL31%
Dodge & Cox Global Bond25.5%
HSBC GIF Gbl AsBk Bd24.3%
CG Real Return23.4%
SKAGEN Tellus22.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International97.7%
    Money Market2.3%
  • Industrials74.3%
    Financials18.3%
    Utilities4.3%
    Money Market2.3%
    Government Agency Bonds0.7%
  • Global Fixed Interest97.7%
    Money Market2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%-6.4%-4.3%0.3%-4.4%-
Sector-2%-2.2%0.8%2.6%5.6%13.8%
Rank within sector259 / 316289 / 313295 / 308237 / 296215 / 237-
Quartile4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.6%-6.5%1.1%0.9%-
Sector3.8%-1.6%3.7%-1.6%8.2%
Rank within sector261 / 300255 / 276175 / 23755 / 206-
Quartile4th4th3rd2nd
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.
-3.63
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.
1.26
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%.
5.35
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.
4.02
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.
-0.81
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.
0.44
Price movement
52 week high10.34
52 week low9.45
Current bid price-
Current offer price-
Current mid price9.6
Region
1International97.7%
2Money Market2.3%
Industry sector
1Industrials74.3%
2Financials18.3%
3Utilities4.3%
4Money Market2.3%
5Government Agency Bonds0.7%
6Local Government Bonds0.1%
Asset type
1Global Fixed Interest97.7%
2Money Market2.3%
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The fund invests mainly in global investment grade corporate bonds. It seeks to deliver better risk-adjusted returns than traditional investment grade indices.
Benchmark
  • Barclays Global-Aggregate Corporates – 500MM
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).
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.
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.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Sweden
LO Global Corporate Fundamental (CHF) I A
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price10.7064
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4CB
LO Global Corporate Fundamental (CHF) I D
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price9.6201
CurrencyCHF
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF4CC
LO Global Corporate Fundamental (EUR) I D
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price9.8105
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF4CA
LO Global Corporate Fundamental (EUR) Syst Hdg P A
Initial charge-
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price9.9652
CurrencyEUR
Price updated02/03/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT2B
LO Global Corporate Fundamental (EUR) Syst Hdg P D
Initial charge-
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price9.8538
CurrencyEUR
Price updated02/03/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFT2C
LO Global Corporate Fundamental (EUR) Syst Hdg S A CHF
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 price10.9545
CurrencyCHF
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9CR
LO Global Corporate Fundamental (EUR) Syst Hdg 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 price10.3642
CurrencyEUR
Price updated12/11/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN6O
LO Global Corporate Fundamental (USD) I A
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price9.5996
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4TA
LO Global Corporate Fundamental (USD) P A
Initial charge-
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price9.4595
CurrencyUSD
Price updated02/03/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFT2D
LO Global Corporate Fundamental (USD) 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 price9.6755
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0NB
LO Global Corporate Fundamental (USD) Syst Hdg I A
Initial charge5%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0892
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8ZE
Data provided by

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