Fact sheet: PineBridge Strategic Bond

Fund information
Fund name
PineBridge Strategic Bond A
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund managers
  • Rob Vanden Assemsince 01/02/2001
  • John Yovanovicsince 01/05/2000
Fund objective
The fund seeks to achieve income and capital appreciation by investing in a diversified portfolio of fixed income securities comprising investment grade bonds, emerging markets bonds, high yield bonds and non-USD bonds.
Benchmark
  • Strategic Bond Blended
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
5.5%
1 Year rank in sector
90/301
Sector
FO Fixed Int - Global
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.
1.33%
Fund size
£22m (£20m 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.
77
Top in this sector
Fund name1 Year
LM WAHiYcrEn40%
Capital Group GHIOL34.4%
Dodge & Cox Global Bond25.8%
HSBC GIF Gbl AsBk Bd21.3%
CG Real Return18.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA71.3%
    Others11.6%
    Canada4.5%
    France2%
    UK2%
  • B27.2%
    AAA21.8%
    BBB20.1%
    BB11.6%
    A8.2%
  • US Fixed Interest71.3%
    Global Fixed Interest11.6%
    Canadian Fixed Interest4.5%
    French Fixed Interest2%
    UK Fixed Interest2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%1.4%-0.2%5.5%5.3%14.2%
Sector0%1.2%-0.5%3.9%6%11.5%
Rank within sector297 / 328125 / 321129 / 30990 / 301124 / 23970 / 170
Quartile4th2nd2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.3%6.8%-3.1%2.4%-2.1%
Sector1.2%4.6%-1.6%3.7%-1.6%
Rank within sector136 / 32167 / 294193 / 267139 / 228119 / 201
Quartile2nd1st3rd3rd3rd
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.
-0.68
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.
1.29
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%.
3.8
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.
1.51
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.
-0.07
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.
0.89
Price movement
52 week high18.36
52 week low17.32
Current bid price-
Current offer price-
Current mid price18.29
Region
1USA71.3%
2Others11.6%
3Canada4.5%
4France2%
5UK2%
6Luxembourg1.8%
7Netherlands1.8%
8Money Market1.7%
9Ireland1%
Industry sector
1B27.24%
2AAA21.82%
3BBB20.05%
4BB11.6%
5A8.16%
6CCC6.78%
7AA2.36%
8Money Market1.7%
9Non-Rated0.29%
Asset type
1US Fixed Interest71.3%
2Global Fixed Interest11.6%
3Canadian Fixed Interest4.5%
4French Fixed Interest2%
5UK Fixed Interest2%
6Dutch Fixed Interest1.8%
7Luxembourg Fixed Interest1.8%
8Money Market1.7%
9Middle East & African Fixed Interest1.6%
Individual holdings
14.5% FANNIE MAE: AL7685 01/AUG/20451.4%
23.5% GINNIE MAE II: MA3376 20/JAN/20461.3%
33.5% GINNIE MAE II: MA3173 20/OCT/20451.2%
44% FREDDIE MAC: G60596 01/DEC/20431.1%
53.5% FREDDIE MAC: Q34871 01/JUL/20451%
6ALTICE FINANCING SA 7.5% BDS 15/05/26 USD200000 144A1%
7FIRST QUANTUM MINERALS 7.25% BDS 15/05/22 USD 2000001%
8FLY LEASING LTD 6.375% BDS 15/10/21 USD2000001%
9NUMERICABLE SFR 7.375% BDS 01/05/26 USD2000001%
Management
Fund manager group
PineBridge Investments
Fund manager company
PineBridge Investments Ltd IRL
Fund type
Unit Trust
Fund objective
The fund seeks to achieve income and capital appreciation by investing in a diversified portfolio of fixed income securities comprising investment grade bonds, emerging markets bonds, high yield bonds and non-USD bonds.
Benchmark
  • Strategic Bond Blended
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Rob Vanden Assem01/02/2001Mr. Vanden Assem is Managing Director and Senior Portfolio Manager of High Grade Fixed Income for AIG Investments. Mr. Vanden Assem joined AIG Investments in 2001 and is responsible for the portfolio management of AIG Investments’ high grade total rate of return portfolios, long/short portfolios and affiliated accounts. Prior to joining AIG Investments, Mr. Vanden Assem was with Morgan Stanley Dean Witter Advisors where he worked as a portfolio manager for the MSDW Strategist and Variable Strategist mutual funds as well as other institutional and individual fixed income assets. He also managed monies at Dean Witter InterCapital prior to MSDW. Vanden Assem holds the Chartered Financial Analyst designation.
John Yovanovic01/05/2000Yovanovic is managing director and head of High Yield Portfolio Management for AIG Investments. He joined AIG Investments with the acquisition of American General Investment Management in 2001. He became a high yield bonds Portfolio Manager in September 2005. Prior to joining AIG Investments, Mr. Yovanovic was a senior research analyst and trader at Mentor Investment Advisors, a division of Wachovia Corporation. Yovanovic holds the Chartered Financial Analyst designation.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Czech Republic, Spain, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Macau, Netherlands, Offshore, Singapore, Slovakia, Taiwan - Province Of China
PineBridge Strategic Bond A
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price18.2937
CurrencyUSD
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5U7
PineBridge Strategic Bond A5 SGD
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.4882
CurrencySGD
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeICNG
PineBridge Strategic Bond AD USD
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8075
CurrencyUSD
Price updated29/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKTX8
PineBridge Strategic Bond M USD
Initial charge-
Annual charge1.65%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.1499
CurrencyUSD
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKV5I
PineBridge Strategic Bond Yd USD
Initial charge-
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price88.3681
CurrencyUSD
Price updated29/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeD906
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.