Fact sheet: Putnam New Flag Euro High Yld

Fund information
Fund name
Putnam New Flag Euro High Yield E
Fund manager company
Putnam Investments
Fund type
No data available.
Fund managers
  • Paul Scanlonsince 27/09/1999
  • Yannick Aronsince 27/09/1999
Fund objective
The Fund seeks to provide a superior total return.
  • BofA Merrill Lynch European Currency High Yield Constrained Index (HPC0)
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
1 Year rank in sector
FO Fixed Int - EUR High Yield
Fund size
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.
Top in this sector
Fund name1 Year
Pioneer SICV-Eur Hi Yd23.3%
Aberdeen Gbl SelEurHiYdBd22.4%
Nordea 1 Europ HgYdBd II12.6%
Deutsche Inv I EurHiYdCorp10.2%
Schroder ISF EURO Hi Yd9.9%
...more in FO Fixed Int - EUR High Yield

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector9 / 2710 / 2725 / 2725 / 2724 / 2519 / 21
Calendar performance
 YTD - 20172016201520142013
Rank within sector25 / 2726 / 2727 / 2724 / 243 / 23
Risk statistics
?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 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.
?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 (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.
?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 high1050.17
52 week low989.09
Current bid price-
Current offer price-
Current mid price1050.17
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Fund manager group
Fund manager company
Putnam Investments
Fund type
No data available.
Fund objective
The Fund seeks to provide a superior total return.
  • BofA Merrill Lynch European Currency High Yield Constrained Index (HPC0)
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
Paul Scanlon27/09/1999Paul D. Scanlon joined Putnam in 1999. He is Co-Head of Fixed Income and has been in the investment industry since 1986. Paul is a CFA charterholder.
Yannick Aron27/09/1999Yannick Aron is a Portfolio Manager, responsible for managing European High Yield institutional portfolios and as well as the European segment of Global High Yield mutual funds and institutional mandates. Previously, Yannick was a risk manager and quantitative analyst on the European High Yield team with responsibility for all valuation and relative value trading tools, as well as risk management monitoring. Yannick has been in the investment industry since 1996.
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
No data available.
Fund for sale in
Germany, United Kingdom, Ireland, Netherlands, Offshore
Putnam New Flag Euro High Yield E
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1050.17
Price updated24/05/2017
Institutional or retail classRetail
Citi codeNE47
Data provided by

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