Fact sheet: SphereInvest Gbl Cr Strat

Fund information
Fund name
SphereInvest Global Credit Strategies F
Fund manager company
SphereInvest Group
Fund type
No data available.
Fund manager
  • Joseph Strubelsince 31/03/2010
Fund objective
The Investment objective of the SphereInvest Global Credit Strategies Fund is to achieve consistent risk-adjusted returns by investing in a diversified portfolio of global corporate bonds.
Benchmark
No data available.
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
12.3%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
-
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.
87
Top in this sector
Fund name1 Year
LM WAHiYcrEn77.9%
Franklin Gbl HiInc Bd22.9%
CG Real Return21.3%
LM WAShtDurHiInBd19.9%
Dodge & Cox Global Bond18.9%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%3.6%2.8%12.3%21.8%-
Sector0.6%1.3%-0.9%5.6%6.3%11.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1.9%9.6%3.9%6.6%6.4%
Sector0.8%4.6%-1.6%3.7%-1.6%
Rank within sector-----
Quartile
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.
5.04
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.
0.77
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.
0.92
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%.
3.41
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.
2.73
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.
1.65
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.
0.39
Price movement
52 week high140.69
52 week low125.57
Current bid price-
Current offer price-
Current mid price140.69
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
SphereInvest Group
Fund type
No data available.
Fund objective
The Investment objective of the SphereInvest Global Credit Strategies Fund is to achieve consistent risk-adjusted returns by investing in a diversified portfolio of global corporate bonds.
Benchmark
No data available.
Investment style
Total Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Joseph Strubel31/03/2010Mr. Strubel is a Co-Founder, Senior Advisor and Director of SphereInvest. Mr. Strubel has been actively involved in financial markets for more than 28 years. In 2015, Mr. Strubel joined the Board of Standard & Poor’s Credit Market Services Europe Limited, as a Non-Executive Independent Director. From 2007 to 2010, Mr. Strubel was a Senior Advisor to Millennium Global (Suisse) SA and, from 1999 to 2007, Portfolio Manager to Millennium Global Investments Limited, the former investment advisor to the SphereInvest Global High Yield Fund Limited. From 1997 to 1999, Mr. Strubel was Head of Fixed Income investments for Renaissance Capital Asset Management, where he managed portfolios of corporate debt instruments in emerging Europe. From 1996 to 1997, Mr. Strubel was a Director of credit fixed income trading with SBC Warburg Inc. Additionally, Mr. Strubel worked from 1991 to 1995 in distressed debt portfolio management with the HSBC Group, and from 1987 to 1990 was a Senior Economist with Merrill Lynch & Co. Mr. Strubel graduated from the University of Rochester with a BA in economics and an MBA in finance and applied economics from the university’s William E. Simon Graduate School of Business.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Malta, Offshore
SphereInvest Global Credit Strategies A
Initial charge-
Annual charge2.26%
Min single investment£25,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)2.26%
Bid price-
Offer price-
Mid price123.8223
CurrencyEUR
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTEG
SphereInvest Global Credit Strategies B
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 price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTEH
SphereInvest Global Credit Strategies C
Initial charge-
Annual charge2.26%
Min single investment£25,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.1413
CurrencyUSD
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTEI
SphereInvest Global Credit Strategies D
Initial charge-
Annual charge1.76%
Min single investment£200,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price135.2849
CurrencyEUR
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTEJ
SphereInvest Global Credit Strategies E
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 price109.3437
CurrencyGBP
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTEK
SphereInvest Global Credit Strategies F
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 price140.6891
CurrencyUSD
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTEL
SphereInvest Global Credit Strategies G
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 price-
CurrencyCAD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTEM
SphereInvest Global Credit Strategies H
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 price-
CurrencyCAD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTEN
SphereInvest Global Credit Strategies I
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 price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMTEO
SphereInvest Global Credit Strategies J
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 price108.6403
CurrencyCHF
Price updated16/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMTEQ
Data provided by

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