Fact sheet: Pimco Gbl Libor + Bd

Fund information
Fund name
Pimco Global Libor Plus Bond Inst Hedged Acc GBP
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund managers
  • Mike Ameysince 29/01/2016
  • Marc P. Seidnersince 29/01/2016
  • Mohit Mittalsince 29/01/2016
Fund objective
The PIMCO Global Libor Plus Bond Fund is an absolute return-oriented low duration high quality bond strategy. It seeks to provide consistent outperformance relative to traditional money market investments in a conservative and diversified manner. The fund utilizes PIMCO’s global secular forecast and integrated investment process across multiple sectors with duration that may range from -1 to +5 years.
Benchmark
  • 1 MONTH EURIBOR +4.5%
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Absolute Return
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.
0.49%
Fund size
£13m (£12m last year)
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd16.5%
Polar Capital UK Abs Eq9.8%
Orbis Optimal SA9.8%
Orbis Optimal USD9.6%
Orbis Optimal EUR8.7%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Very short dated bonds50%
    Short dated bonds34%
    Medium dated bonds24%
    Long dated bonds-8%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-0.1%1.3%---
Sector-0.5%-0.5%0.3%-0.6%2.2%9.5%
Rank within sector99 / 14165 / 14139 / 138---
Quartile3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-0%0.7%1.2%3.6%3.9%
Rank within sector-----
Quartile
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.
-
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%.
-
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.
-
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 high10.39
52 week low9.95
Current bid price-
Current offer price-
Current mid price10.3
Region
No data available.
Industry sector
1Very short dated bonds50%
2Short dated bonds34%
3Medium dated bonds24%
4Long dated bonds-8%
Asset type
No data available.
Individual holdings
1FNMA TBA 3.0% JUL 30YR5.3%
2FNMA TBA 3.5% AUG 30YR4.5%
3LETRA TESOURO NACIONAL3.4%
4PNC BANK NA SR UNSEC2.2%
5RABOBANK NEDERLAND NY SR UNSEC2.2%
6CRED SUIS GP FUN LTD SR UNSEC2.1%
7U S TREASURY INFLATE PROT BD1.9%
8HSBC HOLDINGS PLC SR UNSEC1.8%
9BNP PARIBAS COCO JR SUB 144A1.7%
Management
Fund manager group
PIMCO Global Advisors(IRL)
Fund manager company
PIMCO Global Advisors(IRL) Ltd
Fund type
No data available.
Fund objective
The PIMCO Global Libor Plus Bond Fund is an absolute return-oriented low duration high quality bond strategy. It seeks to provide consistent outperformance relative to traditional money market investments in a conservative and diversified manner. The fund utilizes PIMCO’s global secular forecast and integrated investment process across multiple sectors with duration that may range from -1 to +5 years.
Benchmark
  • 1 MONTH EURIBOR +4.5%
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mike Amey29/01/2016Mike Amey is a managing director and portfolio manager in PIMCO's London office responsible for sterling portfolios. Prior to joining PIMCO in 2003, he was head of U.K. fixed income at Rothschild Asset Management and after their merger, at Insight Investment. Prior to joining Rothschild in 1994, Mr. Amey spent two years tutoring in the Department of Economics at the University of Durham. He has 17 years of investment experience and holds undergraduate and master's degrees in corporate and international finance from the University of Durham. Mr. Amey is also a member of the U.K. Society of Investment Professionals.
Marc P. Seidner29/01/2016
Mohit Mittal29/01/2016
Compliance
UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Offshore
Pimco Global Libor Plus Bond Inst Acc USD
Initial charge5%
Annual charge0.49%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.33
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYAD
Pimco Global Libor Plus Bond Inst Hedged Acc EUR
Initial charge5%
Annual charge0.49%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.21
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYAF
Pimco Global Libor Plus Bond Inst Hedged Acc GBP
Initial charge5%
Annual charge0.49%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYAE
Data provided by

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