Fact sheet: Russell Sterling Bond

Fund information
Fund name
Russell Sterling Bond I Inc
Fund manager company
Russell Investment Company Plc
Fund type
No data available.
Fund manager
  • James Mitchellsince 24/11/1998
Fund objective
The Sterling Bond Fund’s investment objective is to provide capital appreciation by investing primarily in Sterling denominated debt instruments which include but are not limited to, municipal and government bonds, agency debt (being that issued by local authorities or public international bodies of which one or more governments is a member), mortgage related debt and corporate debt that are listed, traded or dealt in on a Regulated Market in the OECD and which may have fixed or floating interest rates.
Benchmark
  • RIC SBF Benchmark
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
13.3%
1 Year rank in sector
13/23
Sector
FO Fixed Int - GBP Investment Grade
Yield
-
Fund size
£113m (£83m 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.
40
Top in this sector
Fund name1 Year
MGI UK Inflation Lkd Bd28.8%
JPM Sterling Bond22%
MGI UK Bond15.9%
Blackrock UK Cr Bd Idx15%
Vanguard UK Govt Bond Idx15%
...more in FO Fixed Int - GBP Investment Grade

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%4.9%10.5%13.3%28.6%-
Sector-0.2%5.3%9.4%12%22.9%43.7%
Rank within sector18 / 2314 / 2312 / 2313 / 2312 / 21-
Quartile4th3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund14.1%0.3%12.9%-2.3%-
Sector12.2%0.7%7.9%1.3%11.8%
Rank within sector13 / 2310 / 218 / 2115 / 21-
Quartile3rd2nd2nd3rd
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.
-0.58
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.
1.33
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.
0.98
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%.
6.02
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.
3.12
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.
0.56
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.
0.78
Price movement
52 week high12.02
52 week low10.55
Current bid price-
Current offer price-
Current mid price11.82
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Russell Investment Company
Fund manager company
Russell Investment Company Plc
Fund type
No data available.
Fund objective
The Sterling Bond Fund’s investment objective is to provide capital appreciation by investing primarily in Sterling denominated debt instruments which include but are not limited to, municipal and government bonds, agency debt (being that issued by local authorities or public international bodies of which one or more governments is a member), mortgage related debt and corporate debt that are listed, traded or dealt in on a Regulated Market in the OECD and which may have fixed or floating interest rates.
Benchmark
  • RIC SBF Benchmark
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
James Mitchell24/11/1998James Mitchell is a senior portfolio manager in global fixed income for Russell Investments. Based in London, James is responsible for the portfolio management of fixed income funds. James manages portfolios covering Global Credit, Global High Yield, Emerging Market Debt (Hard and Local Currency), European Fixed Income and Absolute Return. He assumed this role in 2007. In 2013 Russell won the Lipper Fund award for “Best Large Bond Group” over 3 years in Europe. James joined Russell as a manager research analyst in 1999 and was promoted to senior research analyst in 2000. In this role James evaluated fixed income strategies and made recommendations on manager selection to Russell’s portfolio managers and consulting clients. James’ coverage included Global fixed income, European fixed income and currency. He started managing portfolios in 2004. Prior to joining Russell, James was a senior strategist with Nomura International in London. As a global strategist, James provided economic, fixed income and currency market analysis to Nomura’s trading, sales, and capital markets groups. James was also an editor of Nomura’s key economic and fixed income publications. James began his career in finance when he joined Deutsche Bank in 1989. He was based in London and spent eight years in the research department where he was a senior fixed income and currency strategist. James generated top down and bottom-up trade ideas for traders and clients and was co-editor of Deutsche Bank’s flagship fixed income strategy publication. He has completed B.Sc., Economics in London University and he is a CFA Charterholder.
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Japan, Netherlands, Offshore, Sweden
Russell Sterling Bond A
Initial charge-
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 price16.73
CurrencyGBP
Price updated16/07/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU54
Russell Sterling Bond I Acc
Initial charge-
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 price14.37
CurrencyGBP
Price updated16/07/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFI34
Russell Sterling Bond I Inc
Initial charge-
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 price11.82
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFI39
Russell Sterling Bond P Acc
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.58
CurrencyGBP
Price updated16/07/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF111
Russell Sterling Bond P Inc
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.16
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFU55
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.