Fact sheet: Robeco Quant HY

Fund information
Fund name
Robeco Quant High Yield IH USD
Fund manager company
Robeco Luxembourg S.A.
Fund type
Offshore Fund
Fund manager
  • Patrick Houwelingsince 28/03/2014
Fund objective
Robeco Quant High Yield Fund aims to provide long-term capital growth and offers diversified exposure to global high yield corporates, by investing primarily in CDS index derivatives. The performance is model-driven by taking active beta positions to decrease or increase the exposure towards the high-yield market within pre-defined risk limits.
Benchmark
  • Barclays Global High Yield Corporate Index
Investment style
High Yield
Investment method
Derivatives
Quick stats
1 Year return
3.8%
1 Year rank in sector
72/77
Sector
FO Fixed Int - Global High Yield
Yield
-
Fund size
£168m
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.
76
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd28.7%
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HSBC GIF Gbl AsBk Hg Yld Bd21.3%
Aberdeen Gbl Select HgYdBd18.3%
BlueBay Em Mkt HY Crp14.1%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • International100%
  • Cyclical Consumer Goods20.4%
    Communications16.7%
    Non-Cyclical Consumer Goods12.7%
    Capital Goods11.5%
    Basic Industries6.9%
  • Global Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%0.7%2.1%3.8%--
Sector0%3.8%6.9%6.6%10.6%34.5%
Rank within sector73 / 8381 / 8278 / 8172 / 77--
Quartile4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund4.9%2%---
Sector9.2%-2.5%1.4%5.2%15.5%
Rank within sector70 / 8010 / 70---
Quartile4th1st
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 high109.09
52 week low100.05
Current bid price-
Current offer price-
Current mid price107.99
Region
1International100%
Industry sector
1Cyclical Consumer Goods20.4%
2Communications16.7%
3Non-Cyclical Consumer Goods12.7%
4Capital Goods11.5%
5Basic Industries6.9%
6Technology6.1%
7Others5.4%
8Energy5.1%
9Other Industrials4.5%
Asset type
1Global Fixed Interest100%
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 Quant High Yield Fund aims to provide long-term capital growth and offers diversified exposure to global high yield corporates, by investing primarily in CDS index derivatives. The performance is model-driven by taking active beta positions to decrease or increase the exposure towards the high-yield market within pre-defined risk limits.
Benchmark
  • Barclays Global High Yield Corporate Index
Investment style
High Yield
Investment method
Derivatives
Fund manager
NameSinceBiography
Patrick Houweling28/03/2014Mr. 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.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Germany, Spain, France, United Kingdom, Luxembourg, Netherlands, Offshore
Robeco Quant High Yield CH EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.39
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUQX
Robeco Quant High Yield D3H USD
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 price100.27
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEASL
Robeco Quant High Yield EH EUR
Initial charge3%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price99.61
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQEA
Robeco Quant High Yield IH EUR
Initial charge0.5%
Annual charge0.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price112.51
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMET
Robeco Quant High Yield IH USD
Initial charge0.5%
Annual charge0.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.5%
Bid price-
Offer price-
Mid price107.99
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFMXF
Robeco Quant High Yield ZH EUR
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 price104.42
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8LX
Data provided by

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