Fact sheet: Russell OW US Credit

Fund information
Fund name
Russell OW US Credit B Acc USD
Fund manager company
Russell OpenWorld
Fund type
Offshore Fund
Fund managers
  • Keith Brakebillsince 17/10/2013
Fund objective
To provide long-term capital appreciation from a portfolio comprised predominantly of corporate debt securities (including corporate bonds) and other Credit Securities and Instruments that are denominated in US$.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.6%
1 Year rank in sector
4/9
Sector
FO Fixed Int - USD Corporate Bond
Yield
-
Fund size
£106m (£109m 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.
79
Top in this sector
Fund name1 Year
Franklin Floating Rate II9.9%
StanLife Inv EM Corp Bd8%
NN (L) US Credit6%
Russell OW US Credit5.6%
Natixis Dur Hgd Gbl Corp Bd4.9%
...more in FO Fixed Int - USD Corporate Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-2.3%0.5%5.6%12.5%24.9%
Sector-1.1%-1.9%1.5%6.3%12.2%22.2%
Rank within sector8 / 127 / 106 / 104 / 92 / 63 / 4
Quartile3rd3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.5%-2%7.2%-0.6%11.3%
Sector7.2%-1.2%5.4%-1.5%10.2%
Rank within sector4 / 97 / 92 / 64 / 53 / 4
Quartile2nd4th2nd4th3rd
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.
-0.14
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.
1.05
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.
0.04
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%.
4.08
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.
1.8
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.
0.81
Price movement
52 week high1469.81
52 week low1332.17
Current bid price-
Current offer price-
Current mid price1427.67
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Russell OpenWorld
Fund manager company
Russell OpenWorld
Fund type
Offshore Fund
Fund objective
To provide long-term capital appreciation from a portfolio comprised predominantly of corporate debt securities (including corporate bonds) and other Credit Securities and Instruments that are denominated in US$.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Keith Brakebill17/10/2013Keith has been a senior research analyst for Russell's global fixed income team. His primary areas of research include emerging market debt, long duration, short duration, and municipals.Keith joined Russell in 2007. Prior to joining Russell, Keith graduated summa cum laude from the University of Tennessee's college scholars program, where he specialized in global economic policy and foreign language acquisition. Keith then earned a M.A. in International Policy Studies at Stanford University, where he also assisted in teaching economics courses.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, France, United Kingdom, Ireland, Italy, Netherlands, Offshore, Singapore
Russell OW US Credit B Acc USD
Initial charge5%
Annual charge1.4%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1427.6673
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKEX8
Russell OW US Credit I Acc USD
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1474.9078
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKEY1
Russell OW US Credit P Acc EUR
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1482.15
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKEX9
Russell OW US Credit P Acc GBP
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1523.3281
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKEY0
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.