Fact sheet: Robeco Flex-o-Rente

Fund information
Fund name
Robeco Flex-o-Rente DH EUR
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund manager
  • Olaf Penningasince 02/10/2005
Fund objective
Robeco Flex-o-rente invests its cash in a solid fixed income portfolio consisting of short term instruments. The fund implements a duration overlay via bond futures to either extend the portfolio duration or to create negative duration. The aim of the fund is to generate positive total returns in markets with either falling or rising bond markets.
Benchmark
  • ML EUR LIBOR Overnight Index
Investment style
Liquidity
Investment method
Mixed
Quick stats
1 Year return
-1.3%
1 Year rank in sector
21/22
Sector
FO Currency - Other
Yield
-
Fund size
£284m (£218m 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.
70
Top in this sector
Fund name1 Year
Nomura C102.2%
UBS (L)MnMk-AUD1.5%
JPM Liq AUD Liq1.5%
FF AusDoCa1.2%
Investec EmrgMktsSrtDrt1%
...more in FO Currency - Other

Performance snapshot

Holdings snapshot

  • International77.8%
    Money Market22.2%
  • Mortgage & Secured Bonds29%
    Government Agency Bonds23.5%
    Cash & Cash Equivalents22.2%
    Government Bonds14.8%
    Fixed Interest8.7%
  • Global Government Fixed Interest40.1%
    Global Fixed Interest29%
    Cash & Cash Equivalents22.2%
    Supranational Fixed Interest8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-0.9%-1.9%-1.3%1%-0.8%
Sector-0.2%-0.3%-0.3%0.2%-0.4%0.6%
Rank within sector21 / 2320 / 2321 / 2321 / 228 / 2114 / 21
Quartile4th4th4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-1%1.2%1.1%-1.1%-1.4%
Sector0%-0.7%0.3%-0.4%1.5%
Rank within sector21 / 223 / 235 / 2219 / 2222 / 22
Quartile4th1st1st4th4th
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.
0.12
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
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%.
2.27
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.
2.5
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.
0.15
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.
0.07
Price movement
52 week high112.2
52 week low108.03
Current bid price-
Current offer price-
Current mid price108.08
Region
1International77.8%
2Money Market22.2%
Industry sector
1Mortgage & Secured Bonds29%
2Government Agency Bonds23.5%
3Cash & Cash Equivalents22.2%
4Government Bonds14.8%
5Fixed Interest8.7%
6Local Government Bonds1.8%
Asset type
1Global Government Fixed Interest40.1%
2Global Fixed Interest29%
3Cash & Cash Equivalents22.2%
4Supranational Fixed Interest8.7%
Individual holdings
No data available.
Management
Fund manager group
Robeco Luxembourg
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund objective
Robeco Flex-o-rente invests its cash in a solid fixed income portfolio consisting of short term instruments. The fund implements a duration overlay via bond futures to either extend the portfolio duration or to create negative duration. The aim of the fund is to generate positive total returns in markets with either falling or rising bond markets.
Benchmark
  • ML EUR LIBOR Overnight Index
Investment style
Liquidity
Investment method
Mixed
Fund manager
NameSinceBiography
Olaf Penninga02/10/2005Mr. Penninga is a Senior Portfolio Manager of Robeco Flex-o-rente. Previously he was Senior Quantitative Researcher, his areas of expertise included fixed income allocation and risk management research, both in the field of government bonds and credits. P
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore
Robeco Flex-o-Rente 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 price96.32
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIDR6
Robeco Flex-o-Rente 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 price108.08
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeR032
Robeco Flex-o-Rente DH USD
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 price108.4
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCBN8
Robeco Flex-o-Rente EH 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 price92.19
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeR033
Robeco Flex-o-Rente 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 price101.84
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFC1J
Robeco Flex-o-Rente GH 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 price97.78
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC1I
Robeco Flex-o-Rente IH CHF
Initial charge0.5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price100.27
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCBN9
Robeco Flex-o-Rente IH EUR
Initial charge0.5%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price114.16
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeR034
Data provided by

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