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 09/05/2016
Fund objective
The objective of the Sub-Fund is to provide income from a global portfolio of fixed interest securities.
Benchmark
  • LIBOR 1 Month Plus 2%
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Sterling Strategic Bond
Yield
3.3%
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.
1.43%
Fund size
£35m (£29m last year)
Mid price
100.53
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc15.2%
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AXA Framlington Mgd Inc12.6%
Insight Infln Link Corp Bd12.3%
Fidelity I Stg Cr + Bd11.5%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK25.4%
    USA22.2%
    Netherlands4.6%
    Germany4%
    Australia4%
  • Government Bonds30.9%
    Industrials28.7%
    Government Agency Bonds18.1%
    Financials15.9%
    Mortgage & Secured Bonds4.2%
  • Global Government Fixed Interest27.1%
    Global Corporate Fixed Interest23.8%
    Global High Yield Fixed Interest19.6%
    Global Fixed Interest11.7%
    Global Emerging Market Government Fixed Interest10.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%1%-0.3%---
Sector0.2%1.9%0%7.2%13.5%29.2%
Rank within sector65 / 8578 / 8547 / 84---
Quartile4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.8%----
Sector1.4%7.3%-0.3%6.8%2.6%
Rank within sector71 / 85----
Quartile4th
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%.
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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 price100.53
Region
1UK25.41%
2USA22.15%
3Netherlands4.55%
4Germany4.02%
5Australia3.96%
6Spain2.67%
7France2.61%
8New Zealand2.53%
9International2.5%
Industry sector
1Government Bonds30.91%
2Industrials28.68%
3Government Agency Bonds18.1%
4Financials15.9%
5Mortgage & Secured Bonds4.19%
6Money Market1.51%
7Utilities0.71%
Asset type
1Global Government Fixed Interest27.11%
2Global Corporate Fixed Interest23.79%
3Global High Yield Fixed Interest19.61%
4Global Fixed Interest11.74%
5Global Emerging Market Government Fixed Interest10.84%
6Global Index Linked5.4%
7Money Market1.51%
Individual holdings
1USA TREASURY NOTES 1.625% 15/08/2022 USD1003.98%
2UNITED STATES OF AMER TREAS BONDS 2.375% BDS 15/1/25 USD10002.47%
3USA TREASURY NOTES 2% 15/02/2025 USD1002.08%
4MEXICO(UNITED MEXICAN STATES) 6.5% NTS 10/06/21 MXN100 M1.71%
5ISHARES II PLC JPMORGAN $ EMERGING MKTS BD #1.7%
6NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10001.6%
7QUEENSLAND TREASURY CORP 3.5% MTN 21/09/17 AUD10001.52%
8QUEENSLAND TREASURY CORP 5.5% BDS 21/06/21 AUD10001.49%
9USA TREASURY NOTES 0.125% TII 15/04/2020 USD1001.41%
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
  • LIBOR 1 Month Plus 2%
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Parmeshwar Chadha09/05/2016Parmi 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 Inc
Initial charge-
Annual charge0.4%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.51%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.45
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5UV
Newton Global Dynamic Bond Income F Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.29
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNK9K
Newton Global Dynamic Bond Income F Inc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.44
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNK9L
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)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.53
CurrencyGBX
Price updated24/03/2017
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)0.74%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.12
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5UU
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)0.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.81
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN5UW
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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.