Fact sheet: SSGA Lux EMU Gov LB Index

Fund information
Fund name
SSGA Lux EMU Government Long Bond Index I EUR
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund manager
  • John Philpotsince 24/01/2014
Fund objective
The sub-fund seeks to tack as closely as reasonably possible the performance of Citigroup EMU Government Bond Index (EGBI )15 Years + (Index)
Benchmark
  • Citigroup EMU Government Bond Index (EGBI) 15 Years +
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical - Full
Quick stats
1 Year return
4.9%
1 Year rank in sector
5/10
Sector
FO Fixed Int - EUR Long Maturity
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.25%
Fund size
£0m
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.
113
Top in this sector
Fund name1 Year
Pimco GIS Euro Lg Avg Durtn8.7%
Dimensional EurInfLkLDFIn7.4%
KBI Inst Lng Bd Pls6%
Pimco GIS Euro Ultra Lg Duration5.9%
SSGA Lux EMU Gov LB Index4.9%
...more in FO Fixed Int - EUR Long Maturity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4%-9%-4.1%4.9%--
Sector-3.4%-7.1%-3%4.2%33.2%56.9%
Rank within sector7 / 108 / 108 / 105 / 10--
Quartile3rd4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.8%2%---
Sector5.7%-0.6%27.1%-1.4%16.1%
Rank within sector4 / 102 / 10---
Quartile2nd1st
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 high15.6
52 week low13
Current bid price-
Current offer price-
Current mid price13.93
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
State Street
Fund manager company
State Street Gbl Advisors LUX
Fund type
Offshore Fund
Fund objective
The sub-fund seeks to tack as closely as reasonably possible the performance of Citigroup EMU Government Bond Index (EGBI )15 Years + (Index)
Benchmark
  • Citigroup EMU Government Bond Index (EGBI) 15 Years +
Investment style
Passive/Tracking
Investment method
Fixed Interest, Physical - Full
Fund manager
NameSinceBiography
John Philpot24/01/2014John Patrick Philpot John is EMEA Head of Portfolio Management, Fixed Income Beta. He is responsible for overseeing a wide range of mandates, including government, corporate and inflation linked bonds. The mandates range across developed and emerging markets. John also oversees operational activities for the Fixed Income Beta team. Prior to commencing his current role, John managed a range of broad investment grade and inflation-linked portfolios. Previously John worked as a Senior Portfolio Analyst, also at SSGA. John earned his BSc (Honours) from the University of London, and has obtained the Investment Management Certificate.
Compliance
UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore
SSGA Lux EMU Government Long Bond Index I EUR
Initial charge3%
Annual charge0.15%
Min single investment£3,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price13.9311
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeME7S
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.