Fact sheet: Robeco Gbl Mult-Fact Cred

Fund information
Fund name
Robeco Global Multi-Factor Credits IH GBP
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund managers
  • Patrick Houwelingsince 14/06/2015
  • Mark Whirdysince 14/06/2015
Fund objective
Robeco Global Multi-Factor Credits offers global exposure to investment grade corporate bonds, which have high ratings on one or more factors, such as, value, momentum and low-volatility. The fund offers a diversified and balanced exposure to these factors. The investment universe includes bonds with at least a BB- rating. Currency risks of Robeco Global Multi-Factor Credits IH USD are hedged into USD.
Benchmark
  • Bloomberg Barclays Global Aggregate - Corporate Bond Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.2%
1 Year rank in sector
5/64
Sector
FO Fixed Int - EUR Investment Grade
Yield
-
Fund size
£245m (£181m last year)
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX20.4%
Russell IC II Euro FI19.7%
Capital Group EBdFL18%
Pimco GIS Euro Income Bond5.3%
Robeco Gbl Mult-Fact Cred4.2%
...more in FO Fixed Int - EUR Investment Grade

Performance snapshot

Holdings snapshot

  • Others95.5%
    Money Market4.5%
  • Non-Cyclical Consumer Goods18.5%
    Information Technology11.1%
    Insurance10.1%
    Communications9.7%
    Consumer Discretionary9%
  • Global Fixed Interest95.5%
    Money Market4.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-3.1%-0.7%4.2%--
Sector-1.6%-3.1%-0.5%2.4%12%34.7%
Rank within sector56 / 6438 / 6434 / 645 / 64--
Quartile4th3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund4.7%----
Sector2.8%-0.2%8.9%3.4%15.2%
Rank within sector5 / 64----
Quartile1st
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 high109
52 week low100.3
Current bid price-
Current offer price-
Current mid price105.01
Region
1Others95.5%
2Money Market4.5%
Industry sector
1Non-Cyclical Consumer Goods18.5%
2Information Technology11.1%
3Insurance10.1%
4Communications9.7%
5Consumer Discretionary9%
6Banks7.6%
7Capital Goods7%
8Others5.9%
9Government Agency Bonds5%
Asset type
1Global Fixed Interest95.5%
2Money Market4.5%
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 Global Multi-Factor Credits offers global exposure to investment grade corporate bonds, which have high ratings on one or more factors, such as, value, momentum and low-volatility. The fund offers a diversified and balanced exposure to these factors. The investment universe includes bonds with at least a BB- rating. Currency risks of Robeco Global Multi-Factor Credits IH USD are hedged into USD.
Benchmark
  • Bloomberg Barclays Global Aggregate - Corporate Bond Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Patrick Houweling14/06/2015Mr. Patrick Houweling is Quantitative Researcher and Portfolio Manager with Robeco. His areas of expertise are risk management, corporate bonds and credit derivatives. Prior to joining Robeco, he was employed at the Risk Management and Modeling department of Rabobank International. Patrick has published several articles in the academic finance literature, including the Journal of Banking and Finance and the Journal of Empirical Finance. Patrick holds a Ph.D. in Finance as well as a Master's degree in Financial Econometrics (cum laude) from Erasmus University Rotterdam. Patrick has been active in the industry since 1998.
Mark Whirdy14/06/2015Mr. Whirdy is Portfolio Manager Conservative Credits and Global Multi-Factor Credits in the Credit team. He is also a Senior Quantitative Researcher, his areas of expertise include portfolio optimization, credit markets, credit derivatives modelling and quant investment process development. Prior to joining Robeco, Mr. Whirdy was employed as a Portfolio Manager in the Quant Credit team in Pioneer Investments and previously as an analyst in the Quantitative Equities team. Mr. Whirdy is a graduate from University College Dublin holding a Bachelor of Engineering as well as an Master's degree in Business from University of Ulster. Mark has been active in the industry since 2004.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, France, United Kingdom, Luxembourg, Netherlands, Offshore, Singapore
Robeco Global Multi-Factor Credits CH EUR
Initial charge3%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.82
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8MA
Robeco Global Multi-Factor Credits DH CHF
Initial charge3%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.09
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8MB
Robeco Global Multi-Factor Credits FH EUR
Initial charge3%
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.38
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8MC
Robeco Global Multi-Factor Credits IH CHF
Initial charge0.5%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.66
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8MD
Robeco Global Multi-Factor Credits IH EUR
Initial charge0.5%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.5
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8ME
Robeco Global Multi-Factor Credits IH GBP
Initial charge0.5%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.01
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8MF
Robeco Global Multi-Factor Credits IH USD
Initial charge0.5%
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.2
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8MG
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