Fact sheet: Swisscanto (LU) Bond COCO

Fund information
Fund name
Swisscanto (LU) Bond COCO AT USD
Fund manager company
Swisscanto
Fund type
No data available.
Fund managers
  • Daniel Björksince 01/10/2012
  • Blaise Roduitsince 31/05/2011
Fund objective
The investment objective is to generate an adequate return in SEK on a long-term basis by investing in high-interest bonds worldwide. Foreign currency investments are hedged against the SEK.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
12.4%
1 Year rank in sector
4/71
Sector
FO Convertible
Yield
-
Fund size
£282m
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.
85
Top in this sector
Fund name1 Year
Man Convertibles Am17.9%
CQS Global Convertible UCITS12.5%
Swisscanto (LU) Bond COCO12.4%
Franklin Gl Cnvtl Secrts11.3%
UBS (L)BCnvrtEur€10.8%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • UK22.1%
    Netherlands13.4%
    France11.1%
    Spain9%
    Switzerland7.9%
  • Financials98.3%
    Energy1.7%
  • UK Fixed Interest22.1%
    Dutch Fixed Interest13.4%
    French Fixed Interest11.1%
    Spanish Fixed Interest9%
    Swiss Fixed Interest7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%4.4%5.3%12.4%13.6%50.3%
Sector-0.2%1.9%2.3%5.4%6.5%24.5%
Rank within sector7 / 715 / 713 / 714 / 7110 / 601 / 51
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.9%3.1%3.2%5.9%8%
Sector1.8%0.7%2.9%2.3%11.7%
Rank within sector6 / 7117 / 7025 / 665 / 6044 / 53
Quartile1st1st2nd1st4th
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.
2.88
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.
0.79
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.
0.13
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%.
6.05
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.
4.34
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.
0.52
Price movement
52 week high148.71
52 week low129.94
Current bid price-
Current offer price-
Current mid price148.55
Region
1UK22.1%
2Netherlands13.4%
3France11.1%
4Spain9%
5Switzerland7.9%
6Denmark6.5%
7Italy5.9%
8Belgium4.3%
9Cayman Islands3.8%
Industry sector
1Financials98.3%
2Energy1.7%
Asset type
1UK Fixed Interest22.1%
2Dutch Fixed Interest13.4%
3French Fixed Interest11.1%
4Spanish Fixed Interest9%
5Swiss Fixed Interest7.9%
6Danish Fixed Interest6.5%
7Italian Fixed Interest5.9%
8Belgian Fixed Interest4.3%
9American Emerging Fixed Interest3.8%
Individual holdings
1KBC GROUPE SA 5.625% UNDATED NTS EUR100000 REG S4.1%
2ABN AMRO BANK NV VAR UNDATED NTS EUR2000004%
3HSBC HLDGS 6% UNDATED NTS EUR2000003.6%
4ING GROEP N.V. FRN 31/12/49 USD2000003.6%
5BANCO BILBAO VIZCAYA ARGENTARIA SA VAR UNDATED BDS EUR2000003.2%
6COOPERATIEVE RABOBANK UA 6.625% UNDATED NTS EUR2000003.2%
7DANSKE BANK A/S 5.875% UNDATED BDS EUR2000003.2%
8LLOYDS BANKING GROUP PLC VAR UNDATED NTS EUR10002.9%
9CREDIT AGRICOLE SA 6.5% NTS 23/06/21 EUR1000002.7%
Management
Fund manager group
Swisscanto
Fund manager company
Swisscanto
Fund type
No data available.
Fund objective
The investment objective is to generate an adequate return in SEK on a long-term basis by investing in high-interest bonds worldwide. Foreign currency investments are hedged against the SEK.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Convertibles
Fund managers
NameSinceBiography
Daniel Björk01/10/2012
Blaise Roduit31/05/2011Blaise Roduit (1979) is a Director and as a Senior Portfolio Manager responsible for the Swisscanto (CH) Bond Fund International and Swisscanto (LU) SICAV II Bond Absolute Return products, as well as institutional mandates. In his role as a credit analyst, he covers issuers within the insurance and machinery sectors. Blaise Roduit holds a degree in Economics (lic. sc. éco.) from the University of Lausanne (HEC) and Master of Advanced Studies in Finance from the ETHZ/University of Zurich. He wrote his master’s thesis on “Fixed Income Performance Attribution”. In 2008, he obtained his diploma as a Certified International Investment Analyst (CIIA).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, United Kingdom, Italy, Liechtenstein, Luxembourg, Offshore
Swisscanto (LU) Bond COCO AAH CHF
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price100.39
CurrencyCHF
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFMQT
Swisscanto (LU) Bond COCO AAH EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price101.66
CurrencyEUR
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJ9E
Swisscanto (LU) Bond COCO AT USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price148.55
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code058X
Swisscanto (LU) Bond COCO ATH CHF
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price139.82
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code058V
Swisscanto (LU) Bond COCO ATH EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price144.46
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code058W
Swisscanto (LU) Bond COCO BTH CHF
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price105.29
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1IN
Swisscanto (LU) Bond COCO DT USD
Initial charge-
Annual charge0.57%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price119.48
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFG1B
Swisscanto (LU) Bond COCO DTH CHF
Initial charge5%
Annual charge0.57%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price145.3
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code058Y
Swisscanto (LU) Bond COCO DTH EUR
Initial charge-
Annual charge0.57%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price150.37
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC26T
Swisscanto (LU) Bond COCO DTH SEK
Initial charge-
Annual charge0.57%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1061.27
CurrencySEK
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2NG
Swisscanto (LU) Bond COCO GT USD
Initial charge-
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price127.15
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9NZ
Swisscanto (LU) Bond COCO GTH CHF
Initial charge-
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price121.99
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF9NR
Swisscanto (LU) Bond COCO GTH EUR
Initial charge-
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price120.94
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFD5T
Swisscanto (LU) Bond COCO GTH SEK
Initial charge-
Annual charge0.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price1107.11
CurrencySEK
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJVY
Swisscanto (LU) Bond COCO JTH EUR
Initial charge5%
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.81%
Bid price-
Offer price-
Mid price150.38
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code058Z
Swisscanto (LU) Bond COCO NTH CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price108.04
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRSQ
Data provided by

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