Fact sheet: Liontrust SF Corp Bd

Fund information
Fund name
Liontrust Sustainable Future Corporate Bond 2 Inc
Fund manager company
Liontrust Investments Limited
Fund type
OEIC
Fund managers
  • Kenny Watsonsince 01/10/2013
  • Stuart Stevensince 30/09/2016
  • Aitken Rosssince 01/01/2015
Fund objective
The Fund aims to provide a higher long term return than that provided by UK Government bonds. Although there is some potential for the value of the Fund to grow, over the long term most of the returns are likely to be in the form of income. Long term is generally regarded as 5 years or more.
Benchmark
  • iBoxx Sterling Corporate
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.7%
1 Year rank in sector
13/89
Sector
UT Sterling Corporate Bond
Yield
3.4%
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.
0.6%
Fund size
£430m (£364m 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.
34
Mid price
85.81
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond17.1%
Henderson Inst Long Dat Cr15.8%
Fidelity Inst UK Lg Crp Bd15.4%
F&C Instl Lg Dtd Corp Bd15.3%
Blackrock InstBdOver10YrCorp14.4%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK76.9%
    Netherlands5%
    France4.6%
    Money Market3.4%
    USA2.7%
  • Financials39.4%
    Utilities13.5%
    Consumer Discretionary10.8%
    Telecommunications Utilities7.5%
    Real Estate5.9%
  • UK Fixed Interest74.3%
    Dutch Fixed Interest5%
    French Fixed Interest4.6%
    Money Market3.4%
    US Fixed Interest2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%3%7.7%12.7%22.8%44.4%
Sector0.9%2.2%5.5%9.2%19.1%34.8%
Rank within sector11 / 9613 / 9611 / 9413 / 8914 / 8314 / 69
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.5%10.5%0.5%9.8%1.8%
Sector3.3%9.1%-0.3%10.1%0.2%
Rank within sector8 / 9422 / 8717 / 8552 / 8219 / 76
Quartile1st2nd1st3rd1st
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.
1.1
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.
0.55
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%.
6.1
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.
1.57
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.
0.59
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.
0.94
Price movement
52 week high86.25
52 week low78.36
Current bid price-
Current offer price-
Current mid price85.81
Region
1UK76.9%
2Netherlands4.97%
3France4.61%
4Money Market3.38%
5USA2.71%
6Ireland2.15%
7Italy1.95%
8Belgium1.4%
9Portugal1.01%
Industry sector
1Financials39.42%
2Utilities13.51%
3Consumer Discretionary10.75%
4Telecommunications Utilities7.47%
5Real Estate5.91%
6Industrials5.7%
7Others5.13%
8Consumer Staples3.58%
9Money Market3.38%
Asset type
1UK Fixed Interest74.3%
2Dutch Fixed Interest4.97%
3French Fixed Interest4.61%
4Money Market3.38%
5US Fixed Interest2.71%
6UK Gilts2.6%
7Irish Fixed Interest2.15%
8Italian Fixed Interest1.95%
9Belgian Fixed Interest1.4%
Individual holdings
1STANDARD LIFE PLC 6.75% PERP RESET SUB GTD BDS GBP(VAR)2.79%
2STANDARD CHARTERED 5.125% DTD SUBORD NTS 06/06/34 GBP1000002.41%
3DEUTSCHE TELEKOM INTL FINANCE B.V. 9.25% BDS 1/6/32 USD10002.4%
4HAMMERSON PLC 3.5% BDS 27/10/25 GBP1000002.29%
5BPCE SA 5.25% BDS 16/04/29 GBP1000002.12%
6YORKSHIRE WATER SERVICES ODSAL FIN 6.454% BDS 28/05/27 GBP500001.83%
7BRITISH TELECOMMUNICATIONS 9.875% NTS 15/12/30 USD10001.7%
8PRUDENTIAL PLC 7.75% UNDATED NTS USD1000 TIER 11.7%
9LIVERPOOL(UNIVERSITY OF) 3.375% BDS 25/06/55 GBP1000001.61%
Management
Fund manager group
No data available.
Fund manager company
Liontrust Investments Limited
Fund type
OEIC
Fund objective
The Fund aims to provide a higher long term return than that provided by UK Government bonds. Although there is some potential for the value of the Fund to grow, over the long term most of the returns are likely to be in the form of income. Long term is generally regarded as 5 years or more.
Benchmark
  • iBoxx Sterling Corporate
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Kenny Watson01/10/2013Kenny joined Alliance Trust in September 2013. Prior to this, he worked for Ignis Asset Management for 15 years, specialising first in UK smaller companies, before moving to the fixed income team in 2004 where he was responsible for the sub investment grade bond portfolios including the High Income Bond Fund. Prior to focusing on sub investment grade bonds, he was part of the team managing the investment grade life company mandates. He started his career at KPMG, after qualifying as a chartered accountant, before joining Murray Johnstone as a trainee fund manager in UK equities in 1994. Kenny has a BA in Accounting & Economics from the University of Strathclyde, is a chartered accountant and is an Associate of the UK Society of Investment Professionals.
Stuart Steven30/09/2016Stuart has been involved in managing multi-currency fixed income portfolios since 1991, with experience in managing teams and marketing fixed income funds. He has an additional 5 years’ related investment experience. He joined Alliance Trust in December 2009 and is Co-Fund Manager of Alliance Trust Monthly Income Bond Fund. Following a period in industry, Stuart joined Britannic Asset Management in 1994 and became Head of Corporate Bonds with responsibility for managing investment grade portfolios for retail and institutional funds. In 2000 he joined Legal & General as Director, Corporate Bonds, where until 2006, he managed a highly successful team of credit specialists managing multi-currency assets. He joined Scottish Widows Investment Partnership in 2008 as Investment Director, managing a number of funds, including investment grade and & absolute return funds.
Aitken Ross01/01/2015Aitken joined the Management Training Programme in September 2010 after graduating in Accountancy and Finance (First Class Honours) from Dundee University and subsequently completing an MA in International Financial Analysis at Newcastle University. Aitken is also a CFA charterholder
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Liontrust Sustainable Future Corporate Bond 2 Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price85.81
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCU97
Liontrust Sustainable Future Corporate Bond 3 Inc
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price114.4
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGD09
Liontrust Sustainable Future Corporate Bond 6 Acc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.3
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI5WM
Liontrust Sustainable Future Corporate Bond 9 Gr Inc
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.6
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ9IP
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