Fact sheet: Macquarie EurGovBd

Fund information
Fund name
Macquarie Euro Government Bond B EUR
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund manager
  • Thomas Eggersince 01/09/2011
Fund objective
The Macquarie Euro Government Bond Fund is a fixed income fund which aims to achieve steady returns.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-2.2%
1 Year rank in sector
23/34
Sector
FO Fixed Int - EUR Government
Yield
-
Fund size
£43m (£67m 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.
80
Top in this sector
Fund name1 Year
BlueBay Inv Gr Eur Agg1.8%
JI Income Strategy CL1.3%
DPAM L Bds EUR Government 1-5-0.3%
DPAM L Bonds Govt Sust-0.3%
Blackrock UltrHi QltyEurGvBdIdx-0.5%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • Italy33.1%
    Spain22.6%
    France16.9%
    Germany12.1%
    Money Market5.4%
  • Long dated bonds40%
    Short dated bonds30.9%
    Medium dated bonds23.7%
    Money market5.4%
  • Italian Fixed Interest33.1%
    Spanish Fixed Interest22.6%
    French Fixed Interest16.9%
    German Fixed Interest12.1%
    Money Market5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-2%-4.9%-2.2%12%25.6%
Sector-0.3%-1.4%-5%-2.3%9.3%20.5%
Rank within sector5 / 3423 / 3324 / 3323 / 349 / 317 / 25
Quartile1st3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-2%2.8%0.8%13.7%1%
Sector-1.7%2.2%0.4%11.4%1%
Rank within sector15 / 3316 / 3218 / 323 / 3017 / 26
Quartile2nd2nd3rd1st3rd
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.
0.51
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.
1.06
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.
0.12
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%.
4.76
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.
0.94
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.
0.96
Price movement
52 week high10.47
52 week low9.83
Current bid price-
Current offer price-
Current mid price9.91
Region
1Italy33.09%
2Spain22.6%
3France16.88%
4Germany12.08%
5Money Market5.41%
6Others5.22%
7Belgium4.72%
Industry sector
1Long dated bonds39.95%
2Short dated bonds30.9%
3Medium dated bonds23.74%
4Money market5.41%
Asset type
1Italian Fixed Interest33.09%
2Spanish Fixed Interest22.6%
3French Fixed Interest16.88%
4German Fixed Interest12.08%
5Money Market5.41%
6Global Fixed Interest5.22%
7Belgian Fixed Interest4.72%
Individual holdings
1SPAIN(KINGDOM OF) 5.5% NTS 30/04/21 EUR10008.89%
2ITALY(REPUBLIC OF) 1.05% BDS 01/12/19 EUR10007.18%
3ITALY(REPUBLIC OF) 3.75% BDS 01/05/21 EUR10006.66%
4GERMANY(FEDERAL REPUBLIC OF) 6.5% BDS 4/7/2027 EUR0.015.54%
54.850% BONOS Y OBLIG DEL ESTADO (FIXED) 10/20205.01%
6FRANCE(GOVT OF) 3.5% BDS 25/04/26 EUR14.76%
7ITALY(REPUBLIC OF) 7.25% BDS 1/11/2026 EUR0.014.47%
8ITALY(REPUBLIC OF) 9% BDS 1/11/2023 EUR0.014.05%
9BUONI POLIENNALI DEL TESORO 6.50% 01/1120273.66%
Management
Fund manager group
Macquarie Bank
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund objective
The Macquarie Euro Government Bond Fund is a fixed income fund which aims to achieve steady returns.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Thomas Egger01/09/2011Thomas Egger has been a member of the Investment Management Team at Macquarie Investment Management Austria since 2011. His tasks focus on active and passive portfolio management as well as bond and ETF trading. During his study time, Mr. Egger started in 2008 at Raiffeisen Bank International in the area of Cash Management. He studied" Finance and Accounting" with specialties in investments, banking and corporate finance at the Economic University of Vienna (graduation 2011).
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, United Kingdom, Italy, Luxembourg, Offshore
Macquarie Euro Government Bond B EUR
Initial charge-
Annual charge0.4%
Min single investment£100
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price9.9072
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMU9
Macquarie Euro Government Bond C Dis EUR
Initial charge-
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.58%
Bid price-
Offer price-
Mid price9.5084
CurrencyEUR
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE88Q
Macquarie Euro Government Bond C EUR
Initial charge-
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.58%
Bid price-
Offer price-
Mid price9.8822
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7KA
Data provided by

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