Fact sheet: Newton Gbl Dyn Bd

Fund information
Fund name
Newton Global Dynamic Bond Inst Inc
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund manager
  • Paul Brainsince 28/04/2006
Fund objective
To maximise the total return from income and capital growth from a globally diversified portfolio of predominantly higher yielding corporate and government fixed interest securities.
Benchmark
  • LIBOR 1 Month Plus 2%
Investment style
Strategic Investment,Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
2.9%
1 Year rank in sector
37/71
Sector
UT Targeted Absolute Return
Yield
2.5%
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.
0.81%
Fund size
£1,756m (£1,611m 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.
10
Mid price
112.12
Top in this sector
Fund name1 Year
VT iFunds Absolute Rtn Orange22.1%
Schroder UKDynAbsRet16.8%
7IM Unconstrained16.7%
S&W Saltus Wealth16.3%
VT iFunds Absolute Rtn Green15%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • USA23.2%
    UK22.7%
    Australia5.1%
    Money Market5.1%
    Netherlands4.4%
  • Government Bonds31.1%
    Industrials22.2%
    Government Agency Bonds20.8%
    Financials14.4%
    Mortgage & Secured Bonds6%
  • Global Government Fixed Interest25.3%
    Global Corporate Fixed Interest25.2%
    Global Fixed Interest17.3%
    Global Emerging Market Government Fixed Interest9.3%
    Global High Yield Fixed Interest8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.5%1.5%2.9%4.3%15.5%
Sector0.8%1.4%2.9%4.1%7.8%18.9%
Rank within sector54 / 7750 / 7750 / 7437 / 7140 / 5632 / 48
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.2%3.4%-0.8%2.2%1.7%
Sector2%1%2.2%2.5%6.5%
Rank within sector46 / 7724 / 7052 / 6436 / 5546 / 50
Quartile3rd2nd4th3rd4th
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.
0.24
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.
0.5
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
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%.
1.64
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.
1.64
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.
-0.58
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.
0.27
Price movement
52 week high113.89
52 week low111.52
Current bid price-
Current offer price-
Current mid price112.12
Region
1USA23.23%
2UK22.74%
3Australia5.09%
4Money Market5.08%
5Netherlands4.4%
6International3.61%
7Spain3.49%
8France3.18%
9Mexico2.53%
Industry sector
1Government Bonds31.09%
2Industrials22.19%
3Government Agency Bonds20.81%
4Financials14.36%
5Mortgage & Secured Bonds5.98%
6Money Market5.14%
7Utilities0.43%
Asset type
1Global Government Fixed Interest25.3%
2Global Corporate Fixed Interest25.18%
3Global Fixed Interest17.33%
4Global Emerging Market Government Fixed Interest9.26%
5Global High Yield Fixed Interest8.81%
6Money Market5.08%
7Exchange Traded Funds (ETF)4.92%
8Global Index Linked4.12%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 1.5% BDS 15/08/26 USD10007.63%
2UNITED STATES OF AMER TREAS NOTES 3.5% TB 15/05/20 USD10003.33%
3SSGA SPDR ETFS EUROPE I PLC BAR CAP EM MKTS LOCAL BOND GBP2.91%
4ISHARES II PLC JPMORGAN $ EMERGING MKTS BD #2.01%
5MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M1.91%
6NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10001.7%
7POLAND(STATE TREASURY OF) 5.75% BDS 25/10/21 PLN10001.61%
8USA TREASURY NOTES 0.125% TII 15/04/2020 USD1001.55%
9EURO - BTP JUN 2017 FUTURE-2%
Management
Fund manager group
Newton & BNY Mellon Asset Mgmt
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund objective
To maximise the total return from income and capital growth from a globally diversified portfolio of predominantly higher yielding corporate and government fixed interest securities.
Benchmark
  • LIBOR 1 Month Plus 2%
Investment style
Strategic Investment,Total Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Paul Brain28/04/2006Paul is investment leader of the fixed income team. He joined Newton in 2004, and manages a range of global bond funds. He is also the lead manager of Newton’s Global Dynamic Bond strategy. Paul is chairman of the bond/ FX strategy group, and a member of the global strategy group and the investment committee. Paul has held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse.10 years at Newton and 31 years investment experience
Compliance
Transparent for German Tax, IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Chile, Germany, United Kingdom
Newton Global Dynamic Bond B Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.83
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTHR
Newton Global Dynamic Bond B Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.86%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.81
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTHQ
Newton Global Dynamic Bond Exempt 2 Acc
Initial charge-
Annual charge0.4%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price195.13
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN722
Newton Global Dynamic Bond Exempt 2 Inc
Initial charge-
Annual charge0.4%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.46%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.18
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJEVN
Newton Global Dynamic Bond Inst Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.12
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeV458
Newton Global Dynamic Bond Institutional W Acc GBP
Initial charge-
Annual charge0.63%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.27
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGP1Q
Newton Global Dynamic Bond Institutional W Inc GBP
Initial charge-
Annual charge0.63%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.43
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGP1P
Newton Global Dynamic Bond Sterling Inc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.38%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.5
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN723
Newton Global Dynamic Bond X 1 Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price166.53
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCRZ9
Newton Global Dynamic Bond X 1 Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.68
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLFQ0
Newton Global Dynamic Bond X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price200.09
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN1P5
Newton Global Dynamic Bond X Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.44
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNOMF
Data provided by

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