Fact sheet: Marlborough Global Bond

Fund information
Fund name
Marlborough Global Bond P Inc
Fund manager company
Marlborough Fund Managers
Fund type
Unit Trust
Fund managers
  • Nicholas Coolingsince 09/09/1998
  • Geoff Hitchinsince 05/08/1987
Accolades
Fund objective
The objective of the scheme is to provide both income and capital growth by investing mainly in fixed interest securities.
Benchmark
  • IA Global Bonds
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.5%
1 Year rank in sector
12/68
Sector
UT Global Bonds
Yield
3.7%
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.
0.45%
Fund size
£226m (£124m 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.
42
Bid price
155.28
Offer price
157.25
Top in this sector
Fund name1 Year
Old Mutual Bond 322.1%
Man GLG Corp Bd14.9%
Threadneedle EurpHdBd14.7%
M&G Global gvt bnd14.5%
Threadneedle Dollar Bd14.1%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • UK34.1%
    North America26%
    Europe ex UK18.2%
    Money Market9.4%
    Others3.3%
  • BBB39.6%
    BB13.8%
    Non-Rated13%
    A12.7%
    Money Market9.4%
  • UK Fixed Interest34.1%
    North American Fixed Interest26%
    Europe ex UK Fixed Interest18.2%
    Money Market9.4%
    Global Fixed Interest3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%1%-1.2%12.5%27.6%43.3%
Sector-0.3%0.4%-1.9%7.5%14.3%19.7%
Rank within sector41 / 7128 / 7139 / 6812 / 6812 / 593 / 45
Quartile3rd2nd3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.5%16.6%1.2%10.5%-1.1%
Sector0.6%12.6%-1.3%3.8%-2%
Rank within sector19 / 7125 / 6619 / 604 / 5732 / 53
Quartile2nd2nd2nd1st3rd
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.
3.05
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.
0.89
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.
0.9
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%.
6.02
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.
2.2
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.
1.05
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.
0.88
Price movement
52 week high160.51
52 week low140.94
Current bid price155.28
Current offer price157.25
Current mid price-
Region
1UK34.1%
2North America26%
3Europe ex UK18.2%
4Money Market9.4%
5Others3.3%
6Australasia2.6%
7Central & S America2.4%
8Emerging Asia1.8%
9European Emerging Markets1.3%
Industry sector
1BBB39.6%
2BB13.8%
3Non-Rated13%
4A12.7%
5Money Market9.4%
6AA3.5%
7Others2.7%
8B2.6%
9AAA2.3%
Asset type
1UK Fixed Interest34.1%
2North American Fixed Interest26%
3Europe ex UK Fixed Interest18.2%
4Money Market9.4%
5Global Fixed Interest3.3%
6Asia Pacific Fixed Interest2.6%
7American Emerging Fixed Interest2.4%
8Asia Pacific Emerging Fixed Interest1.8%
9European Emerging Fixed Interest1.3%
Individual holdings
1PENNON GROUP VAR PERPETUAL CAPITAL SECS GBP1000000.56%
2NOVAE GROUP 6.5% BDS 27/04/17 GBP1000000.54%
3CRH FINANCE (UK) PLC 4.125% BDS 02/12/29 GBP10000.52%
4BUPA FINANCE PLC 5% SUB NTS 08/12/26 GBP1000000.51%
5HEALTH CARE REIT INC 4.5% BDS 01/12/34 GBP1000000.51%
6SKY PLC 4% BDS 26/11/29 GBP1000000.51%
7TREASURY 4.5% GILT 7/9/2034 GBP0.010.51%
8DOMTAR CORP 6.75% BDS 15/02/44 USD10000.49%
9KELDA FINANCE 3 PLC 5.75% NTS 17/02/20 GBP1000000.49%
Management
Fund manager group
Marlborough Fund Managers
Fund manager company
Marlborough Fund Managers
Fund type
Unit Trust
Fund objective
The objective of the scheme is to provide both income and capital growth by investing mainly in fixed interest securities.
Benchmark
  • IA Global Bonds
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Nicholas Cooling09/09/1998Nicholas Cooling was born in Liverpool in 1964 and was educated at Monmouth School. After graduating from Portsmouth University in 1985 with a BA (Hons) degree in Geography, Nicholas joined Lloyds Life Assurance Limited in Peterborough.In 1991 Nicholas joined, as a Fund Manager, the asset management company which later became Marlborough Investment Management Limited. He was responsible for a total re-organisation of its investment processes, the positive results of which formed the platform for significant expansion of the business.He was appointed investment director of Marlborough Fund Managers Limited during 1998. On a day-to-day basis Nicholas, together with colleagues Gurjit Soggi and Raj Manon, is responsible for the management of Marlborough's three risk graded Fund of Funds products. He is the front line manager for the successful Marlborough Balanced Fund.
Geoff Hitchin05/08/1987Geoff Hitchin was born in Clitheroe in 1942 and attended Brentwood school in Essex. On completing school he became a Trainee Accountant. He focused on tax and worked as a Tax Officer / Consultant for nearly 20 years before setting up Marlborough Fund Managers Ltd and the Marlborough Global Bond Fund in 1987. This was to provide tax efficient savings for his clients. In 1998 he started the Marlborough Bond Income Fund, a corporate bond fund which he continues to run alongside various other Marlborough funds.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Marlborough Global Bond A Acc
Initial charge5%
Annual charge1.13%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.21%
Bid price259.98
Offer price274.9
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJE82
Marlborough Global Bond A Inc
Initial charge5%
Annual charge1.13%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.19%
Bid price154.25
Offer price163.13
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNA04
Marlborough Global Bond B Acc
Initial charge5%
Annual charge0.63%
Min single investment£50,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price177.63
Offer price187.81
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3OV
Marlborough Global Bond B Inc
Initial charge5%
Annual charge0.63%
Min single investment£50,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price154.25
Offer price163.13
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI3OU
Marlborough Global Bond P Acc
Initial charge1%
Annual charge0.38%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price184.11
Offer price186.44
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3OX
Marlborough Global Bond P Inc
Initial charge1%
Annual charge0.38%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price155.28
Offer price157.25
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI3OW
Data provided by

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