Fact sheet: Nomura US Hg Yld Bd

Fund information
Fund name
Nomura US High Yield Bond I Hedged EUR
Fund manager company
Nomura Asset Management
Fund type
OEIC
Fund manager
  • Steve Kotsensince 30/03/2009
Fund objective
To achieve current yield and capital gains, through investment in a diversified portfolio of primarily high yielding US Dollar denominated Debt and Debt-Related Securities.
Benchmark
  • BofA Merrill Lynch US High Yield Master II Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
21%
1 Year rank in sector
3/43
Sector
FO Fixed Int - USD 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.
0.64%
Fund size
£3,417m (£2,781m 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.
77
Top in this sector
Fund name1 Year
Candriam GFUS HiYld Corp Bd39.5%
Allianz US HiYd39.2%
Old Mutual MtyInc HiYdBd34.3%
Nomura US Hg Yld Bd21%
SKY Hrb Gl Fd US Hi Yield20%
...more in FO Fixed Int - USD High Yield

Performance snapshot

Holdings snapshot

  • USA81.1%
    Canada4.6%
    Luxembourg2.8%
    Money Market2.8%
    France1.5%
  • Others23.3%
    Energy16.7%
    Basic Industries12.9%
    Media10.8%
    Telecommunications9.5%
  • US Fixed Interest75.2%
    Money Market8.3%
    Canadian Fixed Interest4.6%
    Luxembourg Fixed Interest2.8%
    French Fixed Interest1.5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%2.7%5.5%21%15%-
Sector1.5%2.3%4.9%15.7%10%33%
Rank within sector28 / 4610 / 4413 / 433 / 435 / 34-
Quartile3rd1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.9%17.7%-4.9%2.9%9.5%
Sector0.9%12.7%-3.1%0.7%6.2%
Rank within sector25 / 463 / 4326 / 389 / 344 / 33
Quartile3rd1st3rd2nd1st
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.
0.87
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.
1.23
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.
0.21
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%.
6.34
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.
1.6
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.
0.97
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.
0.97
Price movement
52 week high129.41
52 week low103.67
Current bid price-
Current offer price-
Current mid price129.26
Region
1USA81.13%
2Canada4.63%
3Luxembourg2.84%
4Money Market2.82%
5France1.5%
6UK1.35%
7Bermuda1.3%
8Cayman Islands1.3%
9Ireland1.18%
Industry sector
1Others23.25%
2Energy16.66%
3Basic Industries12.93%
4Media10.79%
5Telecommunications9.53%
6Health Care6.6%
7Technology6.11%
8Leisure5.65%
9Banks4.57%
Asset type
1US Fixed Interest75.21%
2Money Market8.31%
3Canadian Fixed Interest4.63%
4Luxembourg Fixed Interest2.84%
5French Fixed Interest1.5%
6UK Fixed Interest1.43%
7American Emerging Fixed Interest1.34%
8North American Fixed Interest1.25%
9Irish Fixed Interest1.18%
Individual holdings
1NUMERICABLE SFR 6% BDS 15/05/22 USD10000.98%
2BOYD GAMING CORP 6.875% BDS 15/05/23 USD10000.8%
3SPRINT CAPITAL CORP 8.75% BDS 15/3/32 USD10000.74%
4FRONTIER COMMUNICATIONS CORP 11% NTS 15/09/25 USD10000.69%
5SPRINT CORP 7.875% BDS 15/09/23 USD20000.58%
6LTF MERGER SUB INC 8.5% BDS 15/06/23 USD2000 144A0.55%
7CITGO HOLDING INC 10.75% BDS 15/02/20 USD2000 144A0.54%
8NUMERICABLE SFR BDS 01/05/26 USD200000 144A0.52%
9HCA INC 7.5% BDS 15/02/22 USD20000.48%
Management
Fund manager group
Nomura
Fund manager company
Nomura Asset Management
Fund type
OEIC
Fund objective
To achieve current yield and capital gains, through investment in a diversified portfolio of primarily high yielding US Dollar denominated Debt and Debt-Related Securities.
Benchmark
  • BofA Merrill Lynch US High Yield Master II Index
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Steve Kotsen30/03/2009Stephen Kotsen, CFA, is a Managing Director and Portfolio Manager with NCRAM. He joined NCRAM in December 1998 and has been a Portfolio Manager for NCRAM's high yield bond investments since 2000. Upon joining NCRAM he worked as a Credit Analyst primarily responsible for the Gaming, Lodging, Leisure, Metals and Mining, Chemicals, Homebuilding, Building Products, Printing, Publishing, and Shipping industries. From July 1995 until December 1998 he was a portfolio manager at Lazard Freres Asset Management for a $2 billion investment-grade portfolio. Thereafter he became a Generalist High Yield Research Analyst and later managed an $85 million double-B rated high yield portfolio. Mr. Kotsen received his M.B.A. in Finance from Columbia Business School in 1995, and his B.A. in International Relations from Princeton University in 1991. Mr. Kotsen is a CFA Charterholder and a member of The CFA Institute.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Australia, Austria, Belgium, Switzerland, Chile, Colombia, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Peru, Singapore, Sweden, Taiwan - Province Of China
Nomura US High Yield Bond A EUR
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price196.5064
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8N8
Nomura US High Yield Bond A GBP
Initial charge5%
Annual charge1%
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 codeI40P
Nomura US High Yield Bond A Hedged CHF
Initial charge5%
Annual charge1%
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-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK6CL
Nomura US High Yield Bond A Hedged EUR
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price139.7573
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code118J
Nomura US High Yield Bond A Hedged GBP
Initial charge5%
Annual charge1%
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 codeI40Q
Nomura US High Yield Bond A Hedged SEK
Initial charge5%
Annual charge1%
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-
CurrencySEK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3JT
Nomura US High Yield Bond A JPY
Initial charge5%
Annual charge1%
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-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3JS
Nomura US High Yield Bond A USD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price154.7534
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK8N9
Nomura US High Yield Bond AD EUR
Initial charge5%
Annual charge1%
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-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WT
Nomura US High Yield Bond AD GBP
Initial charge5%
Annual charge1%
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
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WU
Nomura US High Yield Bond AD Hedged CHF
Initial charge5%
Annual charge1%
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-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5XA
Nomura US High Yield Bond AD Hedged EUR
Initial charge5%
Annual charge1%
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-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WX
Nomura US High Yield Bond AD Hedged GBP
Initial charge5%
Annual charge1%
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
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WY
Nomura US High Yield Bond AD Hedged SEK
Initial charge5%
Annual charge1%
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-
CurrencySEK
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WZ
Nomura US High Yield Bond AD JPY
Initial charge5%
Annual charge1%
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-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WW
Nomura US High Yield Bond AD USD
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price109.9564
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5WV
Nomura US High Yield Bond D EUR
Initial charge5%
Annual charge1.2%
Min single investment£2,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3JU
Nomura US High Yield Bond D GBP
Initial charge-
Annual charge1.2%
Min single investment£2,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price112.5954
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNF1Y
Nomura US High Yield Bond D USD
Initial charge-
Annual charge1.2%
Min single investment£2,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.32%
Bid price-
Offer price-
Mid price109.8826
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code13JH
Nomura US High Yield Bond I GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.6247
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI40S
Nomura US High Yield Bond I Hedged CHF
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price109.5077
CurrencyCHF
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK6CM
Nomura US High Yield Bond I Hedged EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price129.2598
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI40R
Nomura US High Yield Bond I Hedged GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price124.5704
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI40T
Nomura US High Yield Bond I Hedged SEK
Initial charge-
Annual charge0.5%
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-
CurrencySEK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3JX
Nomura US High Yield Bond I JPY
Initial charge-
Annual charge0.5%
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-
CurrencyJPY
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3JW
Nomura US High Yield Bond I USD
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price275.1142
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8O1
Nomura US High Yield Bond ID EUR
Initial charge-
Annual charge0.5%
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
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XB
Nomura US High Yield Bond ID GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.4117
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XC
Nomura US High Yield Bond ID Hedged CHF
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price103.1063
CurrencyCHF
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XI
Nomura US High Yield Bond ID Hedged EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.63%
Bid price-
Offer price-
Mid price103.6481
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XF
Nomura US High Yield Bond ID Hedged GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price99.5277
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XG
Nomura US High Yield Bond ID Hedged SEK
Initial charge-
Annual charge0.5%
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-
CurrencySEK
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XH
Nomura US High Yield Bond ID JPY
Initial charge-
Annual charge0.5%
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-
CurrencyJPY
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XE
Nomura US High Yield Bond ID USD
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price103.2873
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM5XD
Nomura US High Yield Bond TD AUD
Initial charge-
Annual charge1.7%
Min single investment£2,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price114.2969
CurrencyAUD
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3JY
Nomura US High Yield Bond TD USD
Initial charge-
Annual charge1.7%
Min single investment£2,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price96.4427
CurrencyUSD
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3JZ
Nomura US High Yield Bond TI USD
Initial charge-
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.2948
CurrencyUSD
Price updated13/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNAYA
Data provided by

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