Fact sheet: LO SelTheCredit Bd EUR

Fund information
Fund name
LO Selection The Credit Bond (EUR) P A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Alexander Eventonsince 01/02/2012
  • Manuel Streiffsince 03/12/2009
  • Philippe-Olivier Donnetsince 30/06/2012
Fund objective
The objective of the Sub-Fund is to achieve capital appreciation by investing worldwide - either directly or via units of UCITS or UCIs or SFIs- in bonds, other fixed or floating rate debt securities and short-term debt securities of corporate issuers and/or in currencies.
Benchmark
  • ML EMU Corp Bond Large Cap Idx
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.4%
1 Year rank in sector
2/41
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.
1.23%
Fund size
£195m (£148m 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.
67
Top in this sector
Fund name1 Year
Schroder ISF €Cp Bd4.8%
LO SelTheCredit Bd EUR4.4%
JI High Grade Corporate Bonds CL4.3%
Morg Stnly Euro Corp Bond3.8%
Vontobel €CorpBdMidYd3.7%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Others24.5%
    Netherlands18.1%
    France12.3%
    Sweden12.3%
    Luxembourg7.9%
  • BBB55.8%
    BB18.1%
    A15.8%
    Money Market4.5%
    AA2.7%
  • Global Fixed Interest24.5%
    Dutch Fixed Interest18.1%
    French Fixed Interest12.3%
    Swedish Fixed Interest12.3%
    Luxembourg Fixed Interest7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-1.7%1.2%4.4%10.5%25%
Sector-1.5%-2.3%0.6%3.2%9.8%28.8%
Rank within sector5 / 436 / 426 / 422 / 4117 / 3929 / 34
Quartile1st1st1st1st2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund4.7%0.2%5.1%1.9%10.3%
Sector3.6%-1%6.9%2.2%13.3%
Rank within sector2 / 417 / 4136 / 3927 / 3830 / 34
Quartile1st1st4th3rd4th
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.
0.48
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.
0.9
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%.
2.93
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.
1.11
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.
0.16
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.
0.87
Price movement
52 week high133.43
52 week low123.31
Current bid price-
Current offer price-
Current mid price131.14
Region
1Others24.5%
2Netherlands18.1%
3France12.3%
4Sweden12.3%
5Luxembourg7.9%
6USA7.5%
7Finland5.9%
8Money Market4.5%
9Denmark3.7%
Industry sector
1BBB55.8%
2BB18.1%
3A15.8%
4Money Market4.5%
5AA2.7%
6B2.1%
7AAA1%
Asset type
1Global Fixed Interest24.5%
2Dutch Fixed Interest18.1%
3French Fixed Interest12.3%
4Swedish Fixed Interest12.3%
5Luxembourg Fixed Interest7.9%
6US Fixed Interest7.5%
7Finnish Fixed Interest5.9%
8Money Market4.5%
9Danish Fixed Interest3.7%
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The objective of the Sub-Fund is to achieve capital appreciation by investing worldwide - either directly or via units of UCITS or UCIs or SFIs- in bonds, other fixed or floating rate debt securities and short-term debt securities of corporate issuers and/or in currencies.
Benchmark
  • ML EMU Corp Bond Large Cap Idx
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
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.
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.
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
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore
LO Selection The Credit Bond (EUR) M A
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price133.4715
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF60D
LO Selection The Credit Bond (EUR) M D
Initial charge5%
Annual charge0.5%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.73%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price124.5088
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFHLK
LO Selection The Credit Bond (EUR) P A
Initial charge5%
Annual charge1%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price131.1378
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKCI7
LO Selection The Credit Bond (EUR) P D
Initial charge-
Annual charge-
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.945
CurrencyEUR
Price updated23/08/2010
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKCI8
LO Selection The Credit Bond (EUR) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price135.3528
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMES
Data provided by

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