Fact sheet: Oddo CmpsEuHiYdBd

Fund information
Fund name
Oddo Compass Euro High Yield Bond CI EUR
Fund manager company
Oddo Asset Management
Fund type
Offshore Fund
Fund managers
  • Alexis Renaultsince 15/11/2003
  • Henning Lenzsince 29/06/2000
Fund objective
To provide a high level of income and capital growth by investing in high-yield bonds denominated in Euro (i. e. less than investment grade debt instruments with initial maturities of one year or more).
Benchmark
  • BOFA ML Euro BB-B Non Financial Fixed Floating Rate HY Constrained Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
6.5%
1 Year rank in sector
5/29
Sector
FO Fixed Int - EUR High Yield
Yield
-
Fund size
£425m (£374m 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.
67
Top in this sector
Fund name1 Year
Aberdeen Gbl SelEurHiYdBd23.9%
Pioneer SICV-Eur Hi Yd23.2%
Deutsche Inv I EurHiYdCorp8.5%
Nordea 1 Europ HgYdBd II8.3%
JI High Yield Corporate Bonds CL7.2%
...more in FO Fixed Int - EUR High Yield

Performance snapshot

Holdings snapshot

  • International12.6%
    France11.7%
    Italy11.4%
    Germany10%
    UK9.6%
  • Media15.2%
    Telecommunications13.2%
    Basic Industries12.7%
    Automotive10.5%
    Energy8.6%
  • Global Fixed Interest12.6%
    French Fixed Interest11.7%
    Italian Fixed Interest11.4%
    German Fixed Interest10%
    UK Fixed Interest9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-0.5%2.6%6.5%14.3%50.3%
Sector-0.4%-0.7%2.8%5.1%11.4%47.4%
Rank within sector16 / 288 / 2914 / 295 / 299 / 258 / 20
Quartile3rd2nd2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.4%1.6%3.8%8.6%21.4%
Sector6.3%0.8%3.2%8.3%22.4%
Rank within sector6 / 299 / 2914 / 259 / 2415 / 21
Quartile1st2nd3rd2nd3rd
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.
0.93
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.
0.97
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.
0.23
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%.
4.2
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
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.
0.82
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.
0.94
Price movement
52 week high28.29
52 week low25.33
Current bid price-
Current offer price-
Current mid price28.04
Region
1International12.6%
2France11.7%
3Italy11.4%
4Germany10%
5UK9.6%
6Luxembourg9%
7USA9%
8Money Market7.4%
9Spain6.3%
Industry sector
1Media15.2%
2Telecommunications13.2%
3Basic Industries12.7%
4Automotive10.5%
5Energy8.6%
6Money Market7.4%
7Leisure6%
8Services5.3%
9Retail5.2%
Asset type
1Global Fixed Interest12.6%
2French Fixed Interest11.7%
3Italian Fixed Interest11.4%
4German Fixed Interest10%
5UK Fixed Interest9.6%
6Luxembourg Fixed Interest9%
7US Fixed Interest9%
8Money Market7.4%
9Spanish Fixed Interest6.3%
Individual holdings
1WIND ACQUISITION3.2%
2SOFTBANK GROUP3%
3FIAT CHRYSLER FINANCE EUROPE2.7%
4GAZ CAPITAL SA2.5%
5UNITYMEDIA2.5%
6TELEFONICA EUROPE2.3%
7SCHAEFFLER2.2%
8CABLE COMMUNICATIONS SYSTEMS1.9%
9LGE HOLDCO VI1.9%
Management
Fund manager group
No data available.
Fund manager company
Oddo Asset Management
Fund type
Offshore Fund
Fund objective
To provide a high level of income and capital growth by investing in high-yield bonds denominated in Euro (i. e. less than investment grade debt instruments with initial maturities of one year or more).
Benchmark
  • BOFA ML Euro BB-B Non Financial Fixed Floating Rate HY Constrained Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Alexis Renault15/11/2003Since 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.
Henning Lenz29/06/2000Since 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.
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
Australia, Austria, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Oddo Compass Euro High Yield Bond CI EUR
Initial charge2%
Annual charge0.7%
Min single investment£250,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price28.039
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeWC38
Oddo Compass Euro High Yield Bond CP EUR
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price12.046
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN3B
Oddo Compass Euro High Yield Bond CR EUR
Initial charge5%
Annual charge1.4%
Min single investment£100
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price25.072
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWN47
Oddo Compass Euro High Yield Bond DI EUR
Initial charge2%
Annual charge0.7%
Min single investment£250,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price10.884
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeWS80
Oddo Compass Euro High Yield Bond DP EUR
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price11.136
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXC9
Oddo Compass Euro High Yield Bond DP15 EUR
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.68%
Bid price-
Offer price-
Mid price11.12
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXD0
Oddo Compass Euro High Yield Bond DR EUR
Initial charge5%
Annual charge1.4%
Min single investment£100
Min regular saving£200
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price9.561
CurrencyEUR
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW385
Data provided by

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