Fact sheet: Old Mutual Tndle HiYldBd

Fund information
Fund name
Old Mutual Threadneedle High Yield Bond U2 Acc GBP
Fund manager company
Old Mutl Glbl Investors(UK)Ltd
Fund type
OEIC
Fund manager
  • Threadneedle Asset Management Limitedsince 23/04/2013
Fund objective
The aim of the Fund is to provide income. The Fund invests at least two-thirds of its assets in high income paying bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies worldwide. High income paying bonds are bonds that have received lower ratings from international agencies that provide such ratings. These bonds are considered riskier than higher rated bonds but typically pay a higher income. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • Merrill Lynch European Currency High Yield (3%) Constrained Index ex Subordinated Financials (Hedged
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
3.8%
1 Year rank in sector
22/22
Sector
UT Sterling High Yield
Yield
5%
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.
0.65%
Fund size
£24m (£36m 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.
28
Mid price
111.5
Top in this sector
Fund name1 Year
Fidelity Global High Yield13.2%
L&G High Income Trust11.8%
Newton Global Hi Yield Bd11.3%
JPM Global High Yield Bond10.6%
Investec MonthlyHiInc10.4%
...more in UT Sterling High Yield

Performance snapshot

Holdings snapshot

  • No data available.
  • Others14.3%
    Media13.4%
    Telecommunications13.4%
    Basic Industries10.6%
    Capital Goods8.2%
  • Global High Yield Fixed Interest99.4%
    Money Market0.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-1.3%1.5%3.8%13.1%-
Sector0.5%0.2%4.3%7.5%11.1%39.5%
Rank within sector18 / 2222 / 2222 / 2222 / 2210 / 21-
Quartile4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%1.8%4.5%--
Sector8.8%-0.3%1.8%6.2%18.4%
Rank within sector22 / 227 / 223 / 21--
Quartile4th2nd1st
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.
1.26
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.
0.9
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.
0.12
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%.
4.34
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.
1.79
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.
0.52
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.
0.84
Price movement
52 week high113
52 week low102.1
Current bid price-
Current offer price-
Current mid price111.5
Region
No data available.
Industry sector
1Others14.3%
2Media13.4%
3Telecommunications13.4%
4Basic Industries10.6%
5Capital Goods8.2%
6Banks8.1%
7Automotive6.1%
8Energy5.9%
9Retail5.3%
Asset type
1Global High Yield Fixed Interest99.4%
2Money Market0.6%
Individual holdings
1GAZPROM3.8%
2TELEFONICA EUROP3.3%
3VIRGIN MEDIA2.7%
4ANGLO AMERICAN2.5%
5UNITYMEDIA2.5%
6FIAT2.2%
7HEIDELBERGCEMENT AG2.2%
8TELECOM ITALIA SPA (NEW)2.2%
9WIND ACQUISITION2.2%
Management
Fund manager group
Old Mutual
Fund manager company
Old Mutl Glbl Investors(UK)Ltd
Fund type
OEIC
Fund objective
The aim of the Fund is to provide income. The Fund invests at least two-thirds of its assets in high income paying bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies worldwide. High income paying bonds are bonds that have received lower ratings from international agencies that provide such ratings. These bonds are considered riskier than higher rated bonds but typically pay a higher income. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • Merrill Lynch European Currency High Yield (3%) Constrained Index ex Subordinated Financials (Hedged
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Threadneedle Asset Management Limited23/04/2013
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Australia, Austria, Switzerland, Germany, United Kingdom
Old Mutual Threadneedle High Yield Bond A Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKCJ
Old Mutual Threadneedle High Yield Bond A Acc USD
Initial charge5%
Annual charge1.25%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.2
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMR5N
Old Mutual Threadneedle High Yield Bond A Hedged Acc CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKCL
Old Mutual Threadneedle High Yield Bond A Hedged Acc EUR
Initial charge5%
Annual charge1.25%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.04
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKCK
Old Mutual Threadneedle High Yield Bond A Inc GBP
Initial charge5%
Annual charge1.25%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ9DN
Old Mutual Threadneedle High Yield Bond U2 Acc GBP
Initial charge5%
Annual charge0.5%
Min single investment£250,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK3IV
Old Mutual Threadneedle High Yield Bond U2 Inc GBP
Initial charge5%
Annual charge0.5%
Min single investment£250,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.7
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ9DO
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.