Fact sheet: Newton GblDynBdInc

Fund information
Fund name
Newton Global Dynamic Bond Income Inc GBP
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund manager
  • Parmeshwar Chadhasince 08/05/2016
Fund objective
The objective of the Sub-Fund is to provide income from a global portfolio of fixed interest securities.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Sterling Strategic Bond
Yield
1.9%
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.
1.48%
Fund size
£33m (£29m last year)
Mid price
99.85
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc10.2%
Fidelity I Stg Cr + Bd9%
Fidelity UK Inv Grd Lg Cr8.3%
AXA Framlington Mgd Inc8.1%
Epworth Affirmative Fixed Interest7.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK29.4%
    USA10.9%
    Germany5.3%
    Money Market5.3%
    Netherlands5.2%
  • BBB28.4%
    AA16.9%
    AAA13.9%
    BB12.5%
    A12.4%
  • Global Corporate Fixed Interest28%
    Global High Yield Fixed Interest17.4%
    Global Government Fixed Interest15.4%
    Global Emerging Market Government Fixed Interest14.6%
    Global Fixed Interest11.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-1.9%1.2%---
Sector-1.2%-3.2%2.5%4.4%12.5%32.5%
Rank within sector50 / 8329 / 8269 / 82---
Quartile3rd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector5.7%-0.3%6.8%2.6%12.6%
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 high102.96
52 week low99.69
Current bid price-
Current offer price-
Current mid price99.85
Region
1UK29.37%
2USA10.85%
3Germany5.32%
4Money Market5.29%
5Netherlands5.21%
6Canada3.54%
7International2.91%
8Mexico2.74%
9New Zealand2.72%
Industry sector
1BBB28.4%
2AA16.86%
3AAA13.85%
4BB12.49%
5A12.37%
6B12.19%
7Non-Rated3.31%
8CCC0.53%
Asset type
1Global Corporate Fixed Interest28.02%
2Global High Yield Fixed Interest17.43%
3Global Government Fixed Interest15.38%
4Global Emerging Market Government Fixed Interest14.61%
5Global Fixed Interest11.34%
6Global Index Linked5.62%
7Money Market5.29%
8Exchange Traded Funds (ETF)2.31%
Individual holdings
1USA TREASURY NOTES 1.625% 15/08/2022 USD1003.22%
2MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M2.09%
3NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10002.09%
4UNITED STATES OF AMER TREAS BONDS 2.375% BDS 15/1/25 USD10002.08%
5UNITED STATES OF AMER TREAS BONDS 2.125% TB 15/02/41 USD1002.04%
6SSGA SPDR ETFS EUROPE I PLC BAR CAP EM MKTS LOCAL BOND USD1.98%
7QUEENSLAND TREASURY CORP 3.5% MTN 21/09/17 AUD10001.62%
8HUNGARY (REPUBLIC OF) 2.5% BDS 27/10/2021 HUF100001.61%
9USA TREASURY NOTES 0.125% TII 15/04/2020 USD1001.5%
Management
Fund manager group
Newton & BNY Mellon Asset Mgmt
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund objective
The objective of the Sub-Fund is to provide income from a global portfolio of fixed interest securities.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Parmeshwar Chadha08/05/2016Parmi is a fixed income fund manager. In addition to his responsibilities as manager of the Global High Yield Fund he is also the lead manager on all of Newton’s high yield positions. Parmi is also the co-manager of the Newton Global Dynamic Bond fund. He is a member of the bond/FX and credit strategy groups, and of the weekly credit meeting. Parmi began his career at Citigroup, where he worked in global portfolio management and became a senior associate. He joined Newton in 2006, and is a CFA charterholder.7 years at Newton and 12 years’ credit experience
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Newton Global Dynamic Bond Income Exempt 2 Gr 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 price100.43
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5UV
Newton Global Dynamic Bond Income Inc GBP
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.85
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN5UT
Newton Global Dynamic Bond Income W Inst Inc
Initial charge-
Annual charge0.63%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.24
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5UU
Newton Global Dynamic Bond Income X Gr 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 price100.66
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5UW
Newton Global Dynamic Bond Income 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 price100.63
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN78X
Data provided by

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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.