Fact sheet: Nikko AM Asia Credit

Fund information
Fund name
Nikko AM Asia Credit A USD
Fund manager company
Nikko Asset Management Luxembo
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The investment objective of the Sub-Fund is to achieve a long term capital growth.The Sub-Fund will seek to achieve its investment objective primarily through investment in equity securities listed and traded on the stock exchanges in countries included in the developed and emerging markets as defined by MSCI.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3%
1 Year rank in sector
8/37
Sector
FO Fixed Int - USD Investment Grade
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.
0.65%
Fund size
£0m
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.
79
Top in this sector
Fund name1 Year
GAM US Dollar Special Bond14%
Principal GIF PrefSec10.2%
Vanguard USIvGdCId7.1%
Pioneer USD Agg Bd6.9%
Eastspring Inv USIvGdBd4%
...more in FO Fixed Int - USD Investment Grade

Performance snapshot

Holdings snapshot

  • British Virgin Islands23%
    Hong Kong12.1%
    Singapore8.8%
    Cayman Islands8.4%
    China8%
  • Financials40.1%
    Government Bonds15.7%
    Energy13.4%
    Cash & Cash Equivalents6.3%
    Cyclical Consumer Goods5.3%
  • American Emerging Fixed Interest31.4%
    Hong Kong Fixed Interest12.1%
    Singapore Fixed Interest8.8%
    Chinese Fixed Interest8%
    Indonesian Fixed Interest7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1.2%-2.4%3%14.8%-
Sector0.2%1.4%-1.3%2.5%8.3%16.7%
Rank within sector10 / 4019 / 4025 / 398 / 375 / 34-
Quartile1st2nd3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.9%5.4%2.3%7.4%-
Sector0.9%3.8%-0.7%6%-1.1%
Rank within sector12 / 407 / 365 / 357 / 345 / 34
Quartile2nd1st1st1st1st
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.
1.97
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.
1.03
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.
0.35
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%.
3.35
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.
1.42
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.
1.43
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.
0.82
Price movement
52 week high14.97
52 week low14.17
Current bid price-
Current offer price-
Current mid price14.59
Region
1British Virgin Islands23.01%
2Hong Kong12.13%
3Singapore8.76%
4Cayman Islands8.42%
5China8.01%
6USA7.28%
7Indonesia7.15%
8Malaysia6.12%
9Korea4.73%
Industry sector
1Financials40.14%
2Government Bonds15.75%
3Energy13.37%
4Cash & Cash Equivalents6.35%
5Cyclical Consumer Goods5.33%
6Utilities5.31%
7Industrials4.87%
8Communications2.94%
9Others2.57%
Asset type
1American Emerging Fixed Interest31.43%
2Hong Kong Fixed Interest12.13%
3Singapore Fixed Interest8.76%
4Chinese Fixed Interest8.01%
5Indonesian Fixed Interest7.15%
6Cash & Cash Equivalents6.35%
7Malaysian Fixed Interest6.12%
8South Korean Fixed Interest4.73%
9Indian Fixed Interest4.6%
Individual holdings
1OVERSEA-CHINESE BANKING CORP 4% MTN 15/10/24 USD200000 REG S2.1%
2KING POWER CAPITAL LTD 5.625% NTS 03/11/24 USD10001.87%
3NTPC LTD 4.75% BDS 03/10/22 USD2000001.82%
4SINOPEC GRP OVERSEAS 2014 4.375% BDS 10/04/24 USD200000 REG S1.79%
5CNOOC FINANCE 2012 LTD REGD REG S1.76%
6CRCC YUPENG LTD 3.95% UNDATED NTS USD2000001.75%
7WEICHAI INTERNATIONAL HK ENERGY GR 4.125% NTS 30/09/20 USD2000001.75%
8DAINJIAN HAIXING 4.05% UNDATED BDS USD2000001.74%
9CHINA HUARONG ASSET MGT CO LTD 2.875% BDS 19/11/18 USD2000001.72%
Management
Fund manager group
Nikko Asset Management
Fund manager company
Nikko Asset Management Luxembo
Fund type
Offshore Fund
Fund objective
The investment objective of the Sub-Fund is to achieve a long term capital growth.The Sub-Fund will seek to achieve its investment objective primarily through investment in equity securities listed and traded on the stock exchanges in countries included in the developed and emerging markets as defined by MSCI.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for German Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Offshore, Sweden
Nikko AM Asia Credit A EUR
Initial charge-
Annual charge0.45%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.7
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI0EO
Nikko AM Asia Credit A GBP
Initial charge-
Annual charge0.45%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEALW
Nikko AM Asia Credit A USD
Initial charge-
Annual charge0.45%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.59
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI0EN
Nikko AM Asia Credit B GBP
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEALY
Nikko AM Asia Credit B USD
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEALX
Nikko AM Asia Credit D GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE23K
Nikko AM Asia Credit D USD
Initial charge-
Annual charge0.45%
Min single investment£100,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEALZ
Nikko AM Asia Credit S JPY
Initial charge-
Annual charge0.2%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100564.8
CurrencyJPY
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQKY
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.