Fact sheet: LO SelSovereign Bond

Fund information
Fund name
LO Selection The Sovereign Bond (CHF) P A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Manuel Streiffsince 03/12/2009
  • Alexander Eventonsince 01/02/2012
  • Philippe-Olivier Donnetsince 30/06/2012
Fund objective
The fund is primarily invested in EUR denominated bonds on foreign issuers, presenting no material credit risk, such as sovereign, government agencies, supranational or equivalent.
Benchmark
  • Citigroup WGBI ex Japan
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-0%
1 Year rank in sector
19/22
Sector
FO Fixed Int - EUR Government
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.
0.78%
Fund size
£222m (£267m 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.
89
Top in this sector
Fund name1 Year
Vanguard 20+ Year € Trs Idx5.7%
BlueBay Inv Grd € Govt Bd4.9%
JI Income Strategy CL2.4%
SSgA EurCoreTsryBdIx2.3%
Macquarie EurGovBd2.2%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • Others36.5%
    USA14.4%
    International12.1%
    Germany7.7%
    Italy7.6%
  • AAA38.1%
    AA23.6%
    BBB18.8%
    A16.4%
    Money Market2.4%
  • Global Fixed Interest48.6%
    US Fixed Interest14.4%
    German Fixed Interest7.7%
    Italian Fixed Interest7.6%
    South Korean Fixed Interest5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-3.8%-2.3%-0%8.1%8.3%
Sector-2.3%-4.3%-2.2%1%13.5%26.8%
Rank within sector19 / 2317 / 2318 / 2319 / 2218 / 2016 / 18
Quartile4th3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.6%-1.5%9.5%-2.9%2.4%
Sector1.5%0.4%11.4%1%8.7%
Rank within sector18 / 2219 / 2217 / 2017 / 1918 / 18
Quartile4th4th4th4th4th
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.
-0.37
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.
0.67
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%.
3.37
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.
2.25
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.
-0.76
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.
0.73
Price movement
52 week high120.39
52 week low114.66
Current bid price-
Current offer price-
Current mid price115.49
Region
1Others36.5%
2USA14.4%
3International12.1%
4Germany7.7%
5Italy7.6%
6Korea5.1%
7Netherlands4.9%
8Poland4.7%
9Mexico4.6%
Industry sector
1AAA38.1%
2AA23.6%
3BBB18.8%
4A16.4%
5Money Market2.4%
6BB0.7%
Asset type
1Global Fixed Interest48.6%
2US Fixed Interest14.4%
3German Fixed Interest7.7%
4Italian Fixed Interest7.6%
5South Korean Fixed Interest5.1%
6Dutch Fixed Interest4.9%
7Polish Fixed Interest4.7%
8Mexican Fixed Interest4.6%
9Money Market2.4%
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The fund is primarily invested in EUR denominated bonds on foreign issuers, presenting no material credit risk, such as sovereign, government agencies, supranational or equivalent.
Benchmark
  • Citigroup WGBI ex Japan
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Manuel Streiff03/12/2009Manuel Streiff did his education in 1994 at University of Geneva and he is Graduate in International Relations and holds the CFA and FRM designations. He started his career with Synthesis Bank in the year 1998 as economist and then global fixed income fund manager. He was there for 3 years and from there in May 2001 he joined Lombard Odier Darier Hentsch & Cie as Fixed Income Fund Manager, managing both absolute and global fixed income funds. In 2006 he became Senior Investment Strategist were he was in charge of Tactical Asset Allocation within the Investment Strategy. From March 2009 till now he is heading the fixed income portfolio management group dedicated to our Private Banking Unit, managing both sovereign and credit funds in USD, EUR and CHF as well as global mandates. He is also Member of the Private Banking Asset Allocation Committee.
Alexander Eventon01/02/2012Alex joined Lombard Odier in 2011 as a Senior Portfolio Manager within the Fixed Income Portfolio Management team. Previously, he was a senior corporate credit portfolio manager at BNP Paribas Asset Management in London and Paris, managing a range of European and Global credit funds employing both absolute return and benchmarked strategies. Alex was also a member of the credit investment committee. He began his career at Fischer Francis Trees & Watts, a boutique fixed income fund manager, in London in 2003. Alex graduated from the University of Bristol with a Bsc in Economics and Accounting in 2003.
Philippe-Olivier Donnet30/06/2012Philippe-Olivier Donnet is working within the Fixed Income Portfolio management team - PBIS. He joined Lombard Odier in July 2009, as responsible for Fixed Income Advisory within PBIS Previously, he worked at HSBC Guyerzeller as responsible for Fixed Income Advisory between 2005 and 2009, analyst and co-manager of High Yield bond funds at Unigestion between 1999 and 2005 and previously held different functions at Prudential-Bache Securities and Merrill Lynch Bank (Suisse). Philippe-Olivier gained a Licence – Sciences Industrielles & Commerciales from the University of Geneva in 1996 and a Diplôme Fédéral d’Analyste Financier et Gestionnaire de Fortunes (CFPI) in 2002.
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore
LO Selection The Sovereign Bond (CHF) I A
Initial charge5%
Annual charge0.3%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price116.6808
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDGS
LO Selection The Sovereign Bond (CHF) M A
Initial charge5%
Annual charge0.3%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price118.2138
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFYS
LO Selection The Sovereign Bond (CHF) M D
Initial charge5%
Annual charge0.3%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price104.9546
CurrencyCHF
Price updated12/05/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFFYT
LO Selection The Sovereign Bond (CHF) P A
Initial charge5%
Annual charge0.6%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price115.4939
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDGU
LO Selection The Sovereign Bond (EUR) I A
Initial charge5%
Annual charge0.3%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price119.2662
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDGR
LO Selection The Sovereign Bond (EUR) M A
Initial charge5%
Annual charge0.3%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price119.3565
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF60F
LO Selection The Sovereign Bond (EUR) M D
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price114.0898
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIVC
LO Selection The Sovereign Bond (EUR) P A
Initial charge5%
Annual charge0.6%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price118.0631
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIVT5
LO Selection The Sovereign Bond (USD) I A
Initial charge5%
Annual charge0.3%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.39%
Bid price-
Offer price-
Mid price111.6819
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDGT
LO Selection The Sovereign Bond (USD) M A
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price127.285
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIRR
LO Selection The Sovereign Bond (USD) M D
Initial charge-
Annual charge0.3%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.9754
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC05C
LO Selection The Sovereign Bond (USD) P A
Initial charge5%
Annual charge0.6%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price126.3049
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFFYU
Data provided by

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