Fact sheet: Macquarie Gbl Inc Opps

Fund information
Fund name
Macquarie Global Income Opportunities C USD
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund managers
  • Brett Lewthwaitesince 04/11/2013
  • David Hannasince 04/11/2013
Fund objective
Macquarie Global Income Opportunities aims to provide Shareholders of each Class of Shares with a higher return than cash over the medium term by using primarily an active global credit based investment strategy.
Benchmark
  • 3 M Libor USD
Investment style
Absolute Return,Capital Protection Targeted
Investment method
Fixed Interest
Quick stats
1 Year return
1.9%
1 Year rank in sector
38/131
Sector
FO Absolute Return
Yield
-
Fund size
£51m (£51m 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.
76
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA55.3%
    Money Market13.8%
    Australasia13.1%
    Europe ex UK12.2%
    UK4.1%
  • Investment Grade Bonds75.6%
    Money Market13.8%
    High Yield Bond9.8%
    Others0.8%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.2%1.3%1.9%--
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector85 / 14075 / 14042 / 13838 / 131--
Quartile3rd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund1.9%-1.1%---
Sector0.3%0.7%1.2%3.6%3.9%
Rank within sector40 / 13170 / 115---
Quartile2nd3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.12
52 week low9.66
Current bid price-
Current offer price-
Current mid price10.08
Region
1USA55.3%
2Money Market13.8%
3Australasia13.1%
4Europe ex UK12.2%
5UK4.1%
6Asia1.1%
7Others0.4%
Industry sector
1Investment Grade Bonds75.59%
2Money Market13.8%
3High Yield Bond9.83%
4Others0.78%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Macquarie Bank
Fund manager company
Macquarie Bank Intl Ltd
Fund type
Offshore Fund
Fund objective
Macquarie Global Income Opportunities aims to provide Shareholders of each Class of Shares with a higher return than cash over the medium term by using primarily an active global credit based investment strategy.
Benchmark
  • 3 M Libor USD
Investment style
Absolute Return,Capital Protection Targeted
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Brett Lewthwaite04/11/2013Brett's primary investment focus is credit markets and he is responsible for the management of credit across all of the fixed income investment solutions totalling around $A9 billion in assets under management. Brett and the credit team have delivered significant outperformance of peers throughout the credit crisis and have grown assets under management during a period when markets contracted significantly. Brett joined Macquarie in 2003 as a senior credit portfolio manager and has been responsible for the management of the credit portfolios since this time.
David Hanna04/11/2013"David’s primary investment focus is as a senior portfolio manager for the $A9 billion of credit across all of the fixed income investment solutions. His responsibilities include oversight of the credit, cash and diversified strategies teams. In David’s prior role as a senior credit analyst, he developed Macquarie Investment Management’s proprietary model for analysing RMBS. This model has become one of the pillars of Macquarie’s credit processes. David joined Macquarie in 2001 in the Risk Management Group. Prior to this, David worked in credit trading product control at Merrill Lynch International (London) and had roles at QIDC Limited and ANZ."
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, France, United Kingdom, Italy, Republic Of Korea, Luxembourg, Netherlands, Offshore, Sweden
Macquarie Global Income Opportunities A USD
Initial charge5%
Annual charge0.65%
Min single investment£100
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8659
CurrencyUSD
Price updated24/08/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMYFO
Macquarie Global Income Opportunities C EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.921
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMMI
Macquarie Global Income Opportunities C USD
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0807
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMMH
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.