Fact sheet: Stratton Street RenminbiBd UI

Fund information
Fund name
Stratton Street Renminbi Bond UI IDUSD
Fund manager company
Stratton Street Capital LLP
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The Renminbi Bond Fund UI investment objective is to achieve long-term returns through a combination of income and capital growth from (i) diversified investments in transferable debt securities issued or guaranteed by governments or government agencies and corporate borrowers in debt markets in Asia*, denominated in both foreign and local currencies and (ii) hedging the currency exposure of the non-Renminbi denominated assets of the Sub-Fund back into Renminbi (whether traded on shore in China (“CNY”) or offshore (“CNH”). (*Asia means the countries of Australia, China, Israel, Japan, Kazakhstan, Lebanon, New Zealand, Russia, Qatar, Turkey and any other country classified by the United Nations Statistics Division as being part of Asia.)
Benchmark
  • HSBC China Offshore Renminbi Bond Index (USD)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-2.2%
1 Year rank in sector
25/32
Sector
FO Fixed Int - Other Single Currency
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.
2.21%
Fund size
£26m (£35m 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.
80
Top in this sector
Fund name1 Year
HSBC GIF Brazil Bond40.8%
Aberdeen Gbl Brazil Bond33.1%
Baring China Bond17.5%
Aberdeen Gbl Indian Bond12.2%
SEB 5 Danish Mortgage Bd3.1%
...more in FO Fixed Int - Other Single Currency

Performance snapshot

Holdings snapshot

  • Qatar22.9%
    China22.4%
    United Arab Emirates11.8%
    USA10.5%
    Russia9.6%
  • Government Agency Bonds62.3%
    Government Bonds20%
    Corporate Bonds12.2%
    Others5.6%
  • GCC Fixed Interest41.7%
    Chinese Fixed Interest22.4%
    US Fixed Interest10.5%
    Russian Fixed Interest9.6%
    Singapore Fixed Interest5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.8%-8.4%-3.7%-2.2%5.4%-
Sector-1.5%-1.9%-0.2%1.4%4.9%10.4%
Rank within sector30 / 3232 / 3228 / 3225 / 3210 / 25-
Quartile4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.9%0.9%3.1%--
Sector1.9%-0.9%4.2%-0.3%4.3%
Rank within sector15 / 326 / 2812 / 25--
Quartile2nd1st2nd
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.
-2.06
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.
2.67
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%.
7.48
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.
6.5
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.
0.19
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.
0.4
Price movement
52 week high109.28
52 week low96.5
Current bid price99.4
Current offer price99.4
Current mid price-
Region
1Qatar22.94%
2China22.37%
3United Arab Emirates11.77%
4USA10.47%
5Russia9.62%
6Singapore5.93%
7Others5.57%
8Saudi Arabia5.49%
9Hong Kong4.34%
Industry sector
1Government Agency Bonds62.28%
2Government Bonds20%
3Corporate Bonds12.15%
4Others5.57%
Asset type
1GCC Fixed Interest41.7%
2Chinese Fixed Interest22.37%
3US Fixed Interest10.47%
4Russian Fixed Interest9.62%
5Singapore Fixed Interest5.93%
6Global Fixed Interest5.57%
7Hong Kong Fixed Interest4.34%
Individual holdings
No data available.
Management
Fund manager group
Stratton Street Capital
Fund manager company
Stratton Street Capital LLP
Fund type
Offshore Fund
Fund objective
The Renminbi Bond Fund UI investment objective is to achieve long-term returns through a combination of income and capital growth from (i) diversified investments in transferable debt securities issued or guaranteed by governments or government agencies and corporate borrowers in debt markets in Asia*, denominated in both foreign and local currencies and (ii) hedging the currency exposure of the non-Renminbi denominated assets of the Sub-Fund back into Renminbi (whether traded on shore in China (“CNY”) or offshore (“CNH”). (*Asia means the countries of Australia, China, Israel, Japan, Kazakhstan, Lebanon, New Zealand, Russia, Qatar, Turkey and any other country classified by the United Nations Statistics Division as being part of Asia.)
Benchmark
  • HSBC China Offshore Renminbi Bond Index (USD)
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, France, United Kingdom, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Stratton Street Renminbi Bond UI IDCHF
Initial charge-
Annual charge1.7%
Min single investment£2,500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJMPZ
Stratton Street Renminbi Bond UI IDEUR
Initial charge-
Annual charge0.3%
Min single investment£250,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.96%
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price99.32
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJMPX
Stratton Street Renminbi Bond UI IDGBP
Initial charge-
Annual charge1%
Min single investment£2,500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.11%
Bid price100.68
Offer price100.68
Mid price-
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJMPY
Stratton Street Renminbi Bond UI IDUSD
Initial charge-
Annual charge0.3%
Min single investment£250,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.21%
Total expense ratio (TER)2.21%
Bid price99.4
Offer price99.4
Mid price-
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDNX
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.