Fact sheet: Morg Stnly USDShrDrtBnd

Fund information
Fund name
Morg Stnly US Dollar Short Duration Bond I USD
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • Eric Jesionowskisince 21/04/2016
  • Neil Stonesince 21/04/2016
  • Matt Dunningsince 21/04/2016
Fund objective
Seeks to provide an attractive rate of return over a market cycle by investing primarily in high quality USD denominated Fixed Income Securities. To help achieve this, the Fund combines our top-down macro and asset allocation views with rigorous bottom-up fundamental and quantitative analysis that guide our active management decisions.
Benchmark
  • Bank of America/Merrill Lynch 1-Year U.S. Treasury Note Index
Investment style
None
Investment method
Short Dated Bonds
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Currency - US Dollar
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.
0.43%
Fund size
£54m (£33m last year)
Top in this sector
Fund name1 Year
Schroder ISF USD Lq2.4%
BlackRock ICSInt$UlStBd1%
Amundi Cash USD0.8%
CMI US Dollar Currency Reserve0.8%
JPM Mangd Resrv0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-0.3%0.1%---
Sector0.1%0.1%0.2%0.4%0.4%0.7%
Rank within sector59 / 5958 / 5932 / 58---
Quartile4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector0.3%0.1%-0%-0.1%0.4%
Rank within sector-----
Quartile
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 high25.13
52 week low24.98
Current bid price-
Current offer price-
Current mid price25.04
Region
No data available.
Industry sector
1A33.52%
2AA27.72%
3AAA22.51%
4BBB11.82%
5Money Market3.77%
6Non-Rated0.66%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
Morgan Stanley
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund objective
Seeks to provide an attractive rate of return over a market cycle by investing primarily in high quality USD denominated Fixed Income Securities. To help achieve this, the Fund combines our top-down macro and asset allocation views with rigorous bottom-up fundamental and quantitative analysis that guide our active management decisions.
Benchmark
  • Bank of America/Merrill Lynch 1-Year U.S. Treasury Note Index
Investment style
None
Investment method
Short Dated Bonds
Fund managers
NameSinceBiography
Eric Jesionowski21/04/2016
Neil Stone21/04/2016
Matt Dunning21/04/2016
Compliance
Transparent for Austrian Tax, Transparent for German Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Morg Stnly US Dollar Short Duration Bond A USD
Initial charge4%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price24.98
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8MY
Morg Stnly US Dollar Short Duration Bond A USD EUR
Initial charge4%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price23.28
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8MZ
Morg Stnly US Dollar Short Duration Bond I USD
Initial charge3%
Annual charge0.2%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price25.04
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NA
Morg Stnly US Dollar Short Duration Bond I USD EUR
Initial charge3%
Annual charge0.2%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price23.33
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NB
Morg Stnly US Dollar Short Duration Bond Z USD
Initial charge1%
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.29%
Bid price-
Offer price-
Mid price25.05
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NC
Morg Stnly US Dollar Short Duration Bond Z USD EUR
Initial charge1%
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)0.29%
Bid price-
Offer price-
Mid price23.35
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8ND
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.