Fact sheet: Oddo Cmp Eur CrShDur

Fund information
Fund name
Oddo Compass Euro Credit Short Duration DR EUR
Fund manager company
Oddo Asset Management
Fund type
Offshore Fund
Fund managers
  • Henning Lenzsince 01/06/2011
  • Alexis Renaultsince 01/06/2011
  • Bastian Griessince 01/06/2011
Fund objective
The Sub-Fund seeks to provide a high level of income and capital growth by investing primarily in corporate bonds denominated in Euro with a rating of at least B3 or B- and a mainly maximum residual maturity of 4 years. A minimum of 20% of the assets will be invested in sub-investment grade bonds (High Yield). Issuers are principally from countries with investment grade rating.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.6%
1 Year rank in sector
7/29
Sector
FO Fixed Int - EUR Short/ Medium Maturity
Yield
-
Fund size
£819m (£645m 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.
60
Top in this sector
Fund name1 Year
Boost Bund 10Y 3x Leverage Dly ETP26.3%
Boost BTP 10Y 3x Leverage Daily ETP22.6%
Dimensional € I L ItrDrFxI6.3%
Petercam L Bds EUR HiYldShtTm4.7%
Pictet EUR Sht Trm Hgh Yld3.8%
...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • Germany16.9%
    France15.5%
    Italy15.5%
    International13.8%
    UK13.6%
  • Basic Industries22.1%
    Automotive14.3%
    Capital Goods10%
    Telecommunications8.4%
    Retail7.8%
  • German Fixed Interest16.9%
    French Fixed Interest15.5%
    Italian Fixed Interest15.5%
    Global Fixed Interest13.8%
    UK Fixed Interest13.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.5%1.4%2.6%4.6%16%
Sector0%0.6%1%1.6%5.8%12.2%
Rank within sector24 / 3011 / 308 / 307 / 2910 / 274 / 21
Quartile4th2nd2nd1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund2.4%0%0.9%3%7.2%
Sector1.4%0.2%3.4%1%5.3%
Rank within sector7 / 3016 / 2924 / 283 / 245 / 22
Quartile1st3rd4th1st1st
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.
-0.49
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.
1.09
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
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%.
1.53
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.
1.09
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.
-0.29
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.
0.5
Price movement
52 week high9.86
52 week low9.31
Current bid price-
Current offer price-
Current mid price9.62
Region
1Germany16.9%
2France15.5%
3Italy15.5%
4International13.8%
5UK13.6%
6Luxembourg4.8%
7USA3.4%
8Russia2.9%
9Brazil2.7%
Industry sector
1Basic Industries22.1%
2Automotive14.3%
3Capital Goods10%
4Telecommunications8.4%
5Retail7.8%
6Energy7.5%
7Services5.8%
8Leisure5.7%
9Utilities5.4%
Asset type
1German Fixed Interest16.9%
2French Fixed Interest15.5%
3Italian Fixed Interest15.5%
4Global Fixed Interest13.8%
5UK Fixed Interest13.6%
6Luxembourg Fixed Interest4.8%
7US Fixed Interest3.4%
8Russian Fixed Interest2.9%
9Brazilian Fixed Interest2.7%
Individual holdings
1FIAT CHRYSLER4.1%
2NEXANS3.4%
3THYSSEN KRUPP3.3%
4CNH INDUSTRIAL3%
5SCHAEFFLER3%
6 FAURECIA2.8%
7ARCELORMITTAL2.7%
8TELECOM ITALIA2.6%
9HEIDELBERG CEMENT2.3%
Management
Fund manager group
No data available.
Fund manager company
Oddo Asset Management
Fund type
Offshore Fund
Fund objective
The Sub-Fund seeks to provide a high level of income and capital growth by investing primarily in corporate bonds denominated in Euro with a rating of at least B3 or B- and a mainly maximum residual maturity of 4 years. A minimum of 20% of the assets will be invested in sub-investment grade bonds (High Yield). Issuers are principally from countries with investment grade rating.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Henning Lenz01/06/2011Since 2000 he is with WestLB Mellon Asset Management, Head European High Yield and Senior Asset Manager, Euroland High Yield. 1998 HSBC Trinkaus Capital Management GmbH, Senior Fondsmanager. 1998 WestKA, Bonds, Fund Manager. 1993 WestCapital, Bonds, Portfolio Manager. 1990 DWS (Frankfurt), Bonds, Fund Manager. Graduate of Economics University Cologne.
Alexis Renault01/06/2011Since 1999 with WestLB Mellon Asset Management as asset manager for European high yield bonds. 1995-1999: WestLB Paris as finance credit analyst. DESS in Finance from University Paris II. Graduated from ESLSCA.
Bastian Gries01/06/2011Bastian Gries, qualified as a Chartered Financial Analyst (CFA), MA (Hons.) economics, University of St. Andrews, St. Andrews. In 1997, he was Sparkasse der Homburgischen Gemeinden, Trainee. In 2000, he became Mondus Ltd., Communications Analyst and in 2004, he was the WestAM KAG*, Asset Manager, European High Yield.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Offshore
Oddo Compass Euro Credit Short Duration CI EUR
Initial charge2%
Annual charge0.65%
Min single investment£500,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price11.97
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code092A
Oddo Compass Euro Credit Short Duration CP EUR
Initial charge-
Annual charge0.4%
Min single investment£1,500,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.47%
Bid price-
Offer price-
Mid price10.73
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJTMG
Oddo Compass Euro Credit Short Duration DI(H) GBP
Initial charge2%
Annual charge0.65%
Min single investment£500,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price9.49
CurrencyGBP
Price updated23/05/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF51E
Oddo Compass Euro Credit Short Duration DP EUR
Initial charge-
Annual charge0.4%
Min single investment£1,500,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.47%
Bid price-
Offer price-
Mid price9.41
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code07ON
Oddo Compass Euro Credit Short Duration DR EUR
Initial charge5%
Annual charge1.3%
Min single investment£1,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price9.62
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code092B
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