Fact sheet: RBC (Lux) GblBd

Fund information
Fund name
RBC (Lux) Global Bond O Hedged Inc USD
Fund manager company
Candriam
Fund type
Offshore Fund
Fund managers
  • Soo Boo Cheahsince 27/08/2012
  • Dagmara Fijalkowskisince 27/08/2012
Fund objective
To outperform the Citigroup World Government Bond Index (Hedged to USD$) by at least 40 basis points over the time-weighted one-, three- and five-year measurements, calculated before fees.
Benchmark
  • Citigroup WGBI
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.8%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
-
Fund size
£69m (£67m 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.
20
Top in this sector
Fund name1 Year
Capital Group GHIOL33%
Russell Gbl Bd28%
Aberdeen Global II GlGovtBd27.9%
Dodge & Cox Global Bond26.8%
Baring Intl Bd26.8%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • Europe41.6%
    USA22.8%
    Asia19.7%
    Others13.4%
    Money Market2.5%
  • AA46.1%
    A33.4%
    BBB17.4%
    Money Market2.5%
    BBB-0.7%
  • Global Fixed Interest97.5%
    Cash & Cash Equivalents2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-1%1.4%4.8%10.2%-
Sector-0.1%2.3%4.3%5.8%8.5%17.1%
Rank within sector300 / 304-----
Quartile4th
Calendar performance
 YTD - 20162015201420132012
Fund4.9%-0.7%5.9%--
Sector6.2%-1.6%3.7%-1.6%8.2%
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.
1.73
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.
0.72
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.
0.16
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%.
2.9
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.
2.31
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.
0.38
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.
0.42
Price movement
52 week high147.6
52 week low141.34
Current bid price-
Current offer price-
Current mid price142.32
Region
1Europe41.63%
2USA22.82%
3Asia19.7%
4Others13.35%
5Money Market2.5%
Industry sector
1AA46.11%
2A33.35%
3BBB17.36%
4Money Market2.5%
5BBB-0.68%
Asset type
1Global Fixed Interest97.5%
2Cash & Cash Equivalents2.5%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 1.5% NTS 31/01/22 USD10005.8%
2JAPAN(GOVERNMENT OF) 1.2% BDS 20/03/35 JPY500005.5%
3JAPAN(GOVERNMENT OF) 0.3% BDS 20/12/24 JPY13.7%
4JAPAN(GOVERNMENT OF) 1.3% BDS 20/06/35 JPY1003.4%
5BUNDESREPUBLIK DEUTSCHLAND 0.5%15/02/20253.2%
6FRANCE(GOVT OF) 0.5% BDS 25/05/26 EUR12.9%
7ITALY(REPUBLIC OF) 2.5% NTS 01/05/19 EUR10002.8%
8SPAIN(KINGDOM OF) 1.15% BDS 30/07/20 EUR10002.8%
9UNITED STATES TREASURY NOTE/BOND 1% 15-05-20182.8%
Management
Fund manager group
Dexia Asset Management
Fund manager company
Candriam
Fund type
Offshore Fund
Fund objective
To outperform the Citigroup World Government Bond Index (Hedged to USD$) by at least 40 basis points over the time-weighted one-, three- and five-year measurements, calculated before fees.
Benchmark
  • Citigroup WGBI
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Soo Boo Cheah27/08/2012Mr. Soo Boo Cheah, CFA serves as a Portfolio Manager of Global Fixed Income and Currencies, and Member of RBC Asset Management Global Fixed Income and Currencies Team at RBC Asset Management Inc. Mr. Cheah serves as Portfolio Manager of Global Fixed Income and Currencies at various funds in the fund complex of RBC Funds. He is actively involved in all aspects of global fixed income management. He joined RBC Asset Management in 2000 as a Fixed Income Analyst. He is a Member of the Fixed Income Advisor Team to the RBC Investment Strategy Committee. He received a Charted Financial designation in 2002. Mr. Cheah holds an M.B.A. from the University of New Brunswick.
Dagmara Fijalkowski27/08/2012Ms. Dagmara Fijalkowski is the Head of Global Fixed Income and Currencies, Senior Vice President, and Senior Portfolio Manager at RBC Global Asset Management Inc. Ms. Fijalkowski leads a team of investment professionals at the firm with more than $45 billion in assets under management. She co-manages several of the firm's bond funds and manages foreign exchange hedging and active currency management programs for fixed income and equity funds. Ms. Fijalkowski previously served as a Fixed Income Analyst at the firm from 1997 to 1999. She also serves as a Vice President, Senior Portfolio Manager of Global Fixed Income and Currencies at RBC Asset Management Inc. Ms. Fijalkowski began her investment career in 1994. She holds the Chartered Financial Analyst designation. Ms. Fijalkowski received an MBA from the University of Western Ontario, Ivey School of Business in 1994. She earned a Master's Degree in Economics from Uniwersytet Lodzki.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
RBC (Lux) Global Bond A Acc USD
Initial charge5%
Annual charge1.2%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.8817
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBZG
RBC (Lux) Global Bond B Acc USD
Initial charge5%
Annual charge0.7%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.5438
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBZH
RBC (Lux) Global Bond B Hedged Inc GBP
Initial charge5%
Annual charge0.7%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.4778
CurrencyGBP
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFC0I
RBC (Lux) Global Bond O Acc USD
Initial charge5%
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price113.5812
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF2CX
RBC (Lux) Global Bond O Hedged Dis GBP
Initial charge5%
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price109.6291
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeF64Q
RBC (Lux) Global Bond O Hedged Inc USD
Initial charge5%
Annual charge0.55%
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 price142.3211
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNE3K
Data provided by

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