Fact sheet: Robeco Euro Credit Bonds

Fund information
Fund name
Robeco Euro Credit Bonds DH EUR
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund manager
  • Victor Verberksince 01/01/2008
Fund objective
Robeco Euro Credit Bonds provides diversified exposure across circa 80 corporate issuers to the Euro investment grade credit market (industrial and financial companies). The fund is a pure play credit with full discretion to actively implement beta policy, sector rotation, off- benchmark positioning in emerging market, covered bonds or limitedly high yield. The fund aims to outperform its index Barclays Euro-Aggregate: Corporates.
Benchmark
  • Barclays Euro-Aggregate Corporates (EUR)
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
2.8%
1 Year rank in sector
9/41
Sector
FO Fixed Int - EUR Corporate Bond
Yield
-
Fund size
£810m (£599m 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.
68
Top in this sector
Fund name1 Year
Schroder ISF €Cp Bd4.2%
LO SelTheCredit Bd EUR4%
JI High Grade Corporate Bonds CL3.7%
Morg Stnly Euro Corp Bond3.3%
Kempen (Lux) Euro Crdt3.1%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • International97.1%
    Money Market2.9%
  • Financials42.4%
    Industrials36.6%
    Asset/Mortgage-Backed Securities5.7%
    Government Bonds5.4%
    Cash & Cash Equivalents3.5%
  • Global Fixed Interest97.1%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-2%0.7%2.8%10.3%33.1%
Sector-1.4%-2%1.1%2.7%9.6%29.9%
Rank within sector12 / 4312 / 4217 / 429 / 4118 / 3915 / 34
Quartile2nd2nd2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.8%-0.4%6.8%2.7%14.9%
Sector3.8%-1%6.9%2.2%13.3%
Rank within sector12 / 4114 / 4130 / 3916 / 3813 / 34
Quartile2nd2nd4th2nd2nd
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.
0.22
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.
0.97
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.
0.1
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%.
2.88
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.
0.66
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.
0.18
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.
0.95
Price movement
52 week high142.19
52 week low132.55
Current bid price-
Current offer price-
Current mid price138.84
Region
1International97.1%
2Money Market2.9%
Industry sector
1Financials42.4%
2Industrials36.6%
3Asset/Mortgage-Backed Securities5.7%
4Government Bonds5.4%
5Cash & Cash Equivalents3.5%
6Government Agency Bonds3.1%
7Utilities2.6%
8Mortgage & Secured Bonds0.8%
Asset type
1Global Fixed Interest97.1%
2Money Market2.9%
Individual holdings
1CREDIT SUISSE GRP CHF0.04(REGD)2.59%
2HSBC HLDGS1.59%
3GOLDMAN SACHS FUNDS SICAV EMERGING MKTS DEBT PTF A1.48%
4VOLKSWAGEN INTERNATIONAL FINANCE1.48%
5LLOYDS TSB BANK PLC1.43%
6JPMORGAN CHASE & CO1.41%
7VODAFONE GROUP1.38%
8ROYAL BANK OF SCOTLAND GROUP1.36%
9SANTANDER UK PLC1.26%
Management
Fund manager group
Robeco Luxembourg
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund objective
Robeco Euro Credit Bonds provides diversified exposure across circa 80 corporate issuers to the Euro investment grade credit market (industrial and financial companies). The fund is a pure play credit with full discretion to actively implement beta policy, sector rotation, off- benchmark positioning in emerging market, covered bonds or limitedly high yield. The fund aims to outperform its index Barclays Euro-Aggregate: Corporates.
Benchmark
  • Barclays Euro-Aggregate Corporates (EUR)
Investment style
Active
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Victor Verberk01/01/2008Mr. Verberk is Head and Portfolio Manager Investment Grade Credits since January 2008. Prior to joining Robeco in 2008, Mr. Verberk was CIO with Holland Capital Management. Before that he was employed by Mn Services as Head of Fixed Income and he worked for AXA Investment Managers as Portfolio Manager Credits. Victor Verberk started his career in the investment industry in 1997. Mr. Verberk holds a Master's degree in Business Economics from Erasmus University, Rotterdam and has been a CEFA holder since 1999.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Peru
Robeco Euro Credit Bonds CH EUR
Initial charge3%
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price96.49
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFH2A
Robeco Euro Credit Bonds DH CHF
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price116.58
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMKX
Robeco Euro Credit Bonds DH EUR
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price138.84
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRM63
Robeco Euro Credit Bonds FH EUR
Initial charge3%
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price113.82
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFCII
Robeco Euro Credit Bonds IH EUR
Initial charge0.5%
Annual charge0.35%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price147.7
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeRM64
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