Fact sheet: Oaktree OaktreEuHiYlBd

Fund information
Fund name
Oaktree (Lux) Funds - Oaktree European High Yield Bond B EUR
Fund manager company
Oaktree Capital Management (UK
Fund type
Offshore Fund
Fund managers
  • James Turnersince 14/06/2013
  • Shannon Wardsince 14/06/2013
Fund objective
Oaktree`s European high yield bond portfolios invest in bonds of European issuers and the euro-denominated bonds of non-European issuers. Oaktree`s high yield bond portfolios do not invest in equity-like securities (such as convertibles and warrants) or emerging market debt, and are un-levered at the fund level. We approach high yield bond investing as long term lenders, not as traders or market timers. We have proven credit analysis methods, which emphasis fundamental, bottom-up investing. We have a disciplined review and control process to support our research efforts.
Benchmark
  • BofA ML Global Non-Financial HY European Issuers ex Russia (TR) (EUR-H)
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
6.5%
1 Year rank in sector
15/28
Sector
FO Fixed Int - EUR 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.
1.41%
Fund size
£446m (£229m last year)
Top in this sector
Fund name1 Year
Aberdeen Gbl SelEurHiYdBd26.9%
Pioneer SICV-Eur Hi Yd26.4%
Nordea 1 Europ HgYdBd II8.9%
Schroder ISF EURO Hi Yd8.7%
Oddo CmpsEuHiYdBd7.8%
...more in FO Fixed Int - EUR High Yield

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%2.2%4.2%6.5%--
Sector-0.3%2.7%4.9%6.1%14.3%50.5%
Rank within sector22 / 2818 / 2820 / 2815 / 28--
Quartile4th3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.2%0.2%---
Sector6.1%0.8%3.2%8.3%22.4%
Rank within sector14 / 2819 / 28---
Quartile2nd3rd
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.
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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.
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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 high107.25
52 week low96.8
Current bid price-
Current offer price-
Current mid price106.03
Region
No data available.
Industry sector
1B19.54%
2BB+19.32%
3BB18.18%
4B+13.98%
5BB-12.71%
6B-8.71%
7Non-Rated3.88%
8CCC+3.08%
9BBB-0.48%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Oaktree Capital Management (UK
Fund type
Offshore Fund
Fund objective
Oaktree`s European high yield bond portfolios invest in bonds of European issuers and the euro-denominated bonds of non-European issuers. Oaktree`s high yield bond portfolios do not invest in equity-like securities (such as convertibles and warrants) or emerging market debt, and are un-levered at the fund level. We approach high yield bond investing as long term lenders, not as traders or market timers. We have proven credit analysis methods, which emphasis fundamental, bottom-up investing. We have a disciplined review and control process to support our research efforts.
Benchmark
  • BofA ML Global Non-Financial HY European Issuers ex Russia (TR) (EUR-H)
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
James Turner14/06/2013
Shannon Ward14/06/2013Ms. Ward serves as portfolio manager of Oaktree’s European Senior Loan strategy as well as co-portfolio manager of the European and Global High Yield Bond strategies. She has over 23 years of corporate finance and investing experience. Ms. Ward joined Oaktree in 2006 from AIG Global Investment Group, where she spent five years as a vice president for High Yield Investments. Before that, she spent over five years at Banc of America Securities, most recently as a managing director in the Entertainment/Media Group, and after her M.B.A., joined Union Bank of California as an assistant vice president in the Communications and Media Group. Ms. Ward received a B.A. degree in psychology from the University of California, Santa Barbara and an M.B.A. with a concentration in finance from the University of Southern California.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Oaktree (Lux) Funds - Oaktree European High Yield Bond B EUR
Initial charge2%
Annual charge1.2%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.03
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPRH
Oaktree (Lux) Funds - Oaktree European High Yield Bond CA GBP
Initial charge2%
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
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFW0J
Oaktree (Lux) Funds - Oaktree European High Yield Bond CB EUR
Initial charge2%
Annual charge0.8%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.38
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSVS
Oaktree (Lux) Funds - Oaktree European High Yield Bond CB GBP
Initial charge2%
Annual charge0.8%
Min single investment£100
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 classRetail
Domicile-
Citi codeFW0K
Oaktree (Lux) Funds - Oaktree European High Yield Bond EB EUR
Initial charge2%
Annual charge0.6%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.3
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFV5E
Oaktree (Lux) Funds - Oaktree European High Yield Bond H CHF B
Initial charge2%
Annual charge1.2%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.51
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPRJ
Oaktree (Lux) Funds - Oaktree European High Yield Bond H CHF CB
Initial charge2%
Annual charge0.8%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.04
CurrencyCHF
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFSVT
Oaktree (Lux) Funds - Oaktree European High Yield Bond H GBP EA
Initial charge2%
Annual charge0.6%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.33
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUCJ
Oaktree (Lux) Funds - Oaktree European High Yield Bond H GBP IA
Initial charge2%
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.02
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFT1B
Oaktree (Lux) Funds - Oaktree European High Yield Bond H NOK IB
Initial charge-
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1030.11
CurrencyNOK
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9JF
Oaktree (Lux) Funds - Oaktree European High Yield Bond H USD B
Initial charge2%
Annual charge1.2%
Min single investment£100
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.26
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFPRI
Oaktree (Lux) Funds - Oaktree European High Yield Bond H USD IA
Initial charge2%
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.43
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFT1C
Oaktree (Lux) Funds - Oaktree European High Yield Bond H USD IB
Initial charge2%
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price107.62
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRQG
Oaktree (Lux) Funds - Oaktree European High Yield Bond IA EUR
Initial charge2%
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price9.46
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC0Z
Oaktree (Lux) Funds - Oaktree European High Yield Bond IB EUR
Initial charge2%
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price12.44
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF96U
Oaktree (Lux) Funds - Oaktree European High Yield Bond IB GBP
Initial charge2%
Annual charge0.5%
Min single investment£2,000,000
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 codeFW0L
Data provided by

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