Fact sheet: Nomura Asia High Yield Bond

Fund information
Fund name
Nomura Asia High Yield Bond A EUR
Fund manager company
Nomura Asset Management
Fund type
OEIC
Fund manager
  • Simon Tansince 06/03/2015
Fund objective
To maximise current yield and capital growth through investing primarily in a diversified portfolio of high yielding Debt and Debt Related Securities issued by Asian corporations, financial institutions, governments and their agencies
Benchmark
  • JP Morgan Asia Credit Index (JACI) Non- Investment Grade Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.7%
1 Year rank in sector
30/73
Sector
FO Fixed Int - Global High Yield
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.
1.8%
Fund size
£11m (£10m 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.
78
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd30.1%
Pioneer SICV-Gbl Hi Yld28.5%
Natixis LoomsSyles HInc20.4%
T. Rowe Price GblHghIncBd12.6%
Nomura Gbl Hgh Yld Bd11.6%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • Cayman Islands33%
    Netherlands12.8%
    Singapore10.3%
    India7.6%
    Philippines6.6%
  • Non-Rated28.5%
    B+25.2%
    BB16.1%
    B8.4%
    B-7.3%
  • American Emerging Fixed Interest35.3%
    Dutch Fixed Interest12.8%
    Singapore Fixed Interest10.3%
    Asia Pacific Emerging Fixed Interest10.2%
    UK Fixed Interest9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%4.8%9.4%7.7%--
Sector-0.4%0.3%4.8%7.5%8.9%33.4%
Rank within sector3 / 832 / 806 / 7630 / 73--
Quartile1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.6%----
Sector9.7%-2.5%1.4%5.2%15.5%
Rank within sector20 / 74----
Quartile2nd
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 high114.3
52 week low96.88
Current bid price-
Current offer price-
Current mid price113.62
Region
1Cayman Islands33.02%
2Netherlands12.79%
3Singapore10.31%
4India7.63%
5Philippines6.58%
6Sri Lanka6.45%
7UK5.7%
8USA4.38%
9Jersey3.65%
Industry sector
1Non-Rated28.52%
2B+25.18%
3BB16.05%
4B8.35%
5B-7.28%
6BB+5.92%
7BB-5.61%
8BBB-1.77%
9Money Market1.32%
Asset type
1American Emerging Fixed Interest35.31%
2Dutch Fixed Interest12.79%
3Singapore Fixed Interest10.31%
4Asia Pacific Emerging Fixed Interest10.18%
5UK Fixed Interest9.35%
6Indian Fixed Interest7.63%
7Philippine Fixed Interest6.58%
8Money Market2.65%
9South Korean Fixed Interest1.76%
Individual holdings
1PETRON CORP 7.5% BDS 06/08/18 USD1000 REG S4.67%
2SHIMAO PROPERTY HOLDINGS 8.375% NTS 10/02/22 USD2000003.97%
3CHINA SCE PROPERTY HLDGS LTD 10% BDS 02/07/20 USD2000003.93%
4CIFI HLDGS GROUP CO LTD 7.75% BDS 05/06/20 USD200000 REG S3.81%
5WEST CHINA CEMENT LTD 6.5% BDS 11/09/19 USD2000003.65%
6ICICI BANK 7% NTS 23/11/20 USD1000002.99%
7ROYAL CAPITAL BV VAR UNDATED BDS USD2000002.77%
8ICTSI TREASURY BV 4.625% MTN 16/01/23 USD200000 REG S2.72%
9CHINA AOYUAN PROPERTY GROUP 6.525% BDS 25/04/19 USD2000002.71%
Management
Fund manager group
Nomura
Fund manager company
Nomura Asset Management
Fund type
OEIC
Fund objective
To maximise current yield and capital growth through investing primarily in a diversified portfolio of high yielding Debt and Debt Related Securities issued by Asian corporations, financial institutions, governments and their agencies
Benchmark
  • JP Morgan Asia Credit Index (JACI) Non- Investment Grade Index
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Simon Tan06/03/2015
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Nomura Asia High Yield Bond A EUR
Initial charge-
Annual charge1.4%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price113.6219
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKRCC
Nomura Asia High Yield Bond A GBP
Initial charge5%
Annual charge1.4%
Min single investment£5,000
Min regular saving£2,500
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 codeKRCD
Nomura Asia High Yield Bond A USD
Initial charge5%
Annual charge1.4%
Min single investment£5,000
Min regular saving£2,500
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 codeKRCE
Nomura Asia High Yield Bond I EUR
Initial charge-
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRCF
Nomura Asia High Yield Bond I GBP
Initial charge-
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£250,000
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 codeKRCG
Nomura Asia High Yield Bond I USD
Initial charge-
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price112.3005
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRCH
Nomura Asia High Yield Bond Z USD
Initial charge-
Annual charge-
Min single investment£3,000,000
Min regular saving£100,000
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 codeKRCI
Data provided by

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