Fact sheet: RAM (L)TakFd2AsBdTlRet

Fund information
Fund name
RAM (LUX) Tactical Funds II Asia Bond Total Return R USD
Fund manager company
RAM Active Investments SA
Fund type
Offshore Fund
Fund manager
  • Richard Yangsince 30/11/2011
Fund objective
The RAM (LUX) TACTICAL FUNDS II - ASIA BOND TOTAL RETURN is designed to capture returns from the credit and fixed income markets in the Asian regions. Returns are derived primarily from the yield of underlying investments as well as from capital gains resulting from the purchase of discounted bonds and credit spreads tightening. The Fund focuses primarily on corporate credit and invests in both rated and unrated securities. The Fund seeks to remain long credit. Under certain circumstances it may hedge out certain risks (such as credit, interest rate and currency) although always maintaining a net long bias.
Benchmark
  • JP Morgan Asia Credit Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - USD
Yield
-
Fund size
£62m (£63m last year)
Top in this sector
Fund name1 Year
Nordea 1 US Tot Ret Bd18.7%
Ashmore Emg Mkt Sovrn Dbt17.2%
NN (L) EM DebtHC15%
CG Gearing Portfolio13.4%
First State Emg Mkts Bd10.7%
...more in FO Fixed Int - USD

Performance snapshot

Holdings snapshot

  • China18.2%
    Money Market17.6%
    Not Specified13.4%
    Hong Kong10.8%
    Australia9.2%
  • Financials19.1%
    Money Market17.6%
    Hedge13.4%
    Mineral Extraction12.6%
    Oil & Gas9.9%
  • Chinese Fixed Interest18.2%
    Money Market17.6%
    Global Fixed Interest13.4%
    Hong Kong Fixed Interest10.8%
    Australian Fixed Interest9.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%-1.5%-0.1%---
Sector0.9%-1.1%-0.2%5.4%8.1%15.4%
Rank within sector29 / 4022 / 4016 / 40---
Quartile3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.2%----
Sector0.5%5%-0.5%3.4%0%
Rank within sector30 / 40----
Quartile3rd
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 high130.74
52 week low124.31
Current bid price-
Current offer price-
Current mid price127.9
Region
1China18.23%
2Money Market17.6%
3Not Specified13.4%
4Hong Kong10.82%
5Australia9.24%
6Thailand6.91%
7Indonesia5.74%
8India5.41%
9Korea4.24%
Industry sector
1Financials19.13%
2Money Market17.6%
3Hedge13.4%
4Mineral Extraction12.57%
5Oil & Gas9.9%
6Real Estate6.08%
7Industrials5.33%
8Government Agency Bonds4.24%
9Utilities3.58%
Asset type
1Chinese Fixed Interest18.23%
2Money Market17.6%
3Global Fixed Interest13.4%
4Hong Kong Fixed Interest10.82%
5Australian Fixed Interest9.24%
6Thai Fixed Interest6.91%
7GCC Fixed Interest5.83%
8Indonesian Fixed Interest5.74%
9Indian Fixed Interest5.41%
Individual holdings
1FMG RESOURCES (AUGUST 2006) PTY LTD 6.875% BDS 01/04/22 USD1000 144A5.1%
2OOREDOO INTERNATIONAL FIN LTD 3.75% BDS 22/06/26 USD2000003.6%
3NEWCREST FINANCE PTY LTD 4.2% BDS 01/10/22 USD1000 REG S3.3%
4PERTAMINA PERSERO PT 4.3% BDS 20/05/23 USD200000144A2.9%
5STATE BANK OF INDIA VAR EMTN REG S SUB 07/15.11.PERPETUAL2.9%
6OCBC WING HANG BANK LTD VAR REG S SUB 07/20.10.PERPETUAL2.8%
7HAITONG INTL SECURITIES GR LTD 0% CONV REG S 16/25.10.212.6%
8PTT GLOBAL 4.25% 12-19.9.20222.6%
9AGILE GROUP HLDGS LTD 9.875% BDS 20/03/17 USD2000002.5%
Management
Fund manager group
REYL Asset Management
Fund manager company
RAM Active Investments SA
Fund type
Offshore Fund
Fund objective
The RAM (LUX) TACTICAL FUNDS II - ASIA BOND TOTAL RETURN is designed to capture returns from the credit and fixed income markets in the Asian regions. Returns are derived primarily from the yield of underlying investments as well as from capital gains resulting from the purchase of discounted bonds and credit spreads tightening. The Fund focuses primarily on corporate credit and invests in both rated and unrated securities. The Fund seeks to remain long credit. Under certain circumstances it may hedge out certain risks (such as credit, interest rate and currency) although always maintaining a net long bias.
Benchmark
  • JP Morgan Asia Credit Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Richard Yang30/11/2011Richard Yang is an Executive Director of Samena Capital Hong Kong Limited and manages the Samena Credit Opportunities Fund. Richard Yang has over 15 years experience in the Asian debt markets. He was previously a Director of PMA Investment Advisors, one of the largest Asia based hedge fund managers and part of a team focusing on Credit & Fixed Income investments. Mr Yang also co-founded Trigon, an award winning hedge fund focusing on Asian credit strategies which merged with PMA in 2006. Prior to moving into investment management, he was a Vice President at JP Morgan where he spent 8 years in the areas of Private Equity, Investment Banking and Debt Capital Markets in Hong Kong and Singapore. Richard Yang graduated from the University of Pennsylvania.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, United Kingdom, Italy, Luxembourg, Offshore, Singapore, Sweden
RAM (LUX) Tactical Funds II Asia Bond Total Return A USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.32
CurrencyUSD
Price updated19/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCNZ
RAM (LUX) Tactical Funds II Asia Bond Total Return B EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.84
CurrencyEUR
Price updated28/01/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOA
RAM (LUX) Tactical Funds II Asia Bond Total Return B USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.15
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOB
RAM (LUX) Tactical Funds II Asia Bond Total Return C CHF
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.28
CurrencyCHF
Price updated20/08/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOC
RAM (LUX) Tactical Funds II Asia Bond Total Return C USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price127.48
CurrencyUSD
Price updated26/02/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOD
RAM (LUX) Tactical Funds II Asia Bond Total Return D USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124.08
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGNTE
RAM (LUX) Tactical Funds II Asia Bond Total Return E EUR
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.36
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGNTF
RAM (LUX) Tactical Funds II Asia Bond Total Return E USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.63
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOE
RAM (LUX) Tactical Funds II Asia Bond Total Return F CHF
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.38
CurrencyCHF
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGNTG
RAM (LUX) Tactical Funds II Asia Bond Total Return F USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.4
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOF
RAM (LUX) Tactical Funds II Asia Bond Total Return G USD
Initial charge-
Annual charge2%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.59
CurrencyUSD
Price updated26/05/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOG
RAM (LUX) Tactical Funds II Asia Bond Total Return H USD
Initial charge3%
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.43
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCOH
RAM (LUX) Tactical Funds II Asia Bond Total Return I EUR
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.42
CurrencyEUR
Price updated21/01/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI7H
RAM (LUX) Tactical Funds II Asia Bond Total Return I EUR USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.21
CurrencyUSD
Price updated21/01/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFI7I
RAM (LUX) Tactical Funds II Asia Bond Total Return I GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.85
CurrencyGBP
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPRF
RAM (LUX) Tactical Funds II Asia Bond Total Return I GBP USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.69
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPRG
RAM (LUX) Tactical Funds II Asia Bond Total Return I SEK
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1268.6
CurrencySEK
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9SS
RAM (LUX) Tactical Funds II Asia Bond Total Return I SEK USD
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price149.85
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE9ST
RAM (LUX) Tactical Funds II Asia Bond Total Return J EUR
Initial charge3%
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.62
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NT
RAM (LUX) Tactical Funds II Asia Bond Total Return J EUR USD
Initial charge3%
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.26
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8NU
RAM (LUX) Tactical Funds II Asia Bond Total Return K CHF
Initial charge3%
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.2
CurrencyCHF
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUZC
RAM (LUX) Tactical Funds II Asia Bond Total Return K USD
Initial charge3%
Annual charge0.6%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.08
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFUZD
RAM (LUX) Tactical Funds II Asia Bond Total Return R
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 price131.17
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVNM
RAM (LUX) Tactical Funds II Asia Bond Total Return R CHF
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.01
CurrencyCHF
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE92N
RAM (LUX) Tactical Funds II Asia Bond Total Return R CHF USD
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.11
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE92O
RAM (LUX) Tactical Funds II Asia Bond Total Return R EUR
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.37
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE92L
RAM (LUX) Tactical Funds II Asia Bond Total Return R EUR USD
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.23
CurrencyUSD
Price updated09/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE92M
RAM (LUX) Tactical Funds II Asia Bond Total Return R USD
Initial charge5%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price127.9
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE92K
Data provided by

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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.