Fact sheet: Threadneedle (L)EhcdComPfl

Fund information
Fund name
Threadneedle (Lux) Enhanced Commodities Portfolio DU USD
Fund manager company
Threadneedle (Lux)
Fund type
Offshore Fund
Fund managers
  • David Donorasince 28/06/2010
  • Nicolas Robinsince 28/06/2010
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests in commodities using derivatives. Commodities are physical materials such as oil, agricultural products, and metals. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets.
Benchmark
  • Bloomberg Commodity
Investment style
None
Investment method
Mixed
Quick stats
1 Year return
9.7%
1 Year rank in sector
71/98
Sector
FO Commodity & Energy
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.
2.6%
Fund size
£377m (£404m 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.
89
Top in this sector
Fund name1 Year
EGI Earth Gold107.3%
LLB Craton Cap Precious Metal92%
LLB Craton Capital Gbl Res88.7%
Baring Global Mining79.5%
SIA Long Term Invest Nat Res68.1%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • No data available.
  • Oil & Gas34.9%
    Soft Commodities25.8%
    Other Metals13.1%
    Gold11.5%
    Fishery, Agriculture & Forestry4.9%
  • Commodity & Energy99.1%
    Money Market0.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4%2%-3.5%9.7%-37.2%-44.5%
Sector3.8%0.3%4.1%22.1%-8.8%-20.6%
Rank within sector55 / 9962 / 10180 / 10171 / 9886 / 9059 / 75
Quartile3rd3rd4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund10.6%-26.7%-22.2%-12.4%1.2%
Sector23.1%-19.8%-9%-6.6%-3.4%
Rank within sector69 / 9973 / 9984 / 9062 / 8425 / 75
Quartile3rd3rd4th3rd2nd
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.
-11.57
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.
0.78
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.
-0.03
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%.
14.45
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.
9.71
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.
-1.13
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.
0.59
Price movement
52 week high8.54
52 week low6.9
Current bid price-
Current offer price-
Current mid price8.24
Region
No data available.
Industry sector
1Oil & Gas34.9%
2Soft Commodities25.8%
3Other Metals13.1%
4Gold11.5%
5Fishery, Agriculture & Forestry4.9%
6Precious Metals & Stones4.4%
7Industrial Commodities3.2%
8Commodity & Energy1.3%
9Money Market0.9%
Asset type
1Commodity & Energy99.1%
2Money Market0.9%
Individual holdings
No data available.
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle (Lux)
Fund type
Offshore Fund
Fund objective
The aim of the Fund is to grow the amount you invested. The Fund invests in commodities using derivatives. Commodities are physical materials such as oil, agricultural products, and metals. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets.
Benchmark
  • Bloomberg Commodity
Investment style
None
Investment method
Mixed
Fund managers
NameSinceBiography
David Donora28/06/2010David Donora joined the company in 2008 to establish its capabilities in Commodities and to develop a suitable product range to complement the company’s equity, bond and property offerings. He manages the Threadneedle (Lux) Enhanced Commodities fund and a range of portfolios for institutional and wholesale clients. David has over 30 years’ experience encompassing commodity and derivative trading roles. He has extensive experience of managing derivatives and OTC trading in FX and precious metals and is a specialist in the risk management of derivative commodity portfolios. Before joining the company, David was Head of OTC Derivatives at Refco Overseas, and he also held a range of senior roles at UBS and CIBC. David graduated from the University of Notre Dame with a BA in Finance.
Nicolas Robin28/06/2010Nicolas Robin joined the company in 2010 and is the Co-Lead Manager of the Threadneedle (Lux) Enhanced Commodities fund and Columbia Commodity Strategy Fund. Nicolas brings both hedge fund and commodity index trading experience to the team. He started his career at Barep Asset Management (SG Group) in 2002, helping to set up a Commodity Arbitrage hedge fund desk. By 2005 he was Lead Manager and assets rose to $200 million. The strategy was focused on relative value strategies in commodities and aimed to take advantage of short-term dislocations in commodity forward curves. In 2006, Nicolas joined JPMorgan Chase to run the bank’s commodity index trading book. During his tenure, index assets under management trebled making JPMorgan Chase a leading index dealer. In his time at JPMorgan Chase, Nicolas was responsible overhauling the bank’s commodity index trading platform and driving the bank’s effort into fully customisable commodity index solutions. He participated in the creation of the JPMorgan Commodity Curve Index (JPMCCI), the bank’s foray into second generation commodity indices launched in 2007. He also contributed to the development of the bank’s commodity customised indices and algorithmic strategies, looking at both momentum and curve based strategies. Alongside his commodity index trading responsibilities, Nicolas also ran a proprietary trading book across commodities, using both relative value and directional strategies with an emphasis on the energy complex. Nicolas holds a BSc in Government and Economics and a MSc in Political Theory from the London School of Economics
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, SRS, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Threadneedle (Lux) Enhanced Commodities Portfolio AEH EUR
Initial charge5%
Annual charge1.75%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.27%
Bid price-
Offer price-
Mid price10
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKAD6
Threadneedle (Lux) Enhanced Commodities Portfolio AFH CHF
Initial charge5%
Annual charge1.75%
Min single investment£3,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price7.49
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0VTC
Threadneedle (Lux) Enhanced Commodities Portfolio AGH GBP
Initial charge5%
Annual charge1.75%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.24%
Bid price-
Offer price-
Mid price10.37
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKAD7
Threadneedle (Lux) Enhanced Commodities Portfolio AKH SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencySEK
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGMEF
Threadneedle (Lux) Enhanced Commodities Portfolio ASH SGD
Initial charge5%
Annual charge1.75%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.09%
Bid price-
Offer price-
Mid price5.24
CurrencySGD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0VTB
Threadneedle (Lux) Enhanced Commodities Portfolio AU EUR
Initial charge5%
Annual charge1.75%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price9.86
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFV1
Threadneedle (Lux) Enhanced Commodities Portfolio AU USD
Initial charge5%
Annual charge1.75%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)2.1%
Bid price-
Offer price-
Mid price10.62
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKAD5
Threadneedle (Lux) Enhanced Commodities Portfolio DEH EUR
Initial charge1%
Annual charge2.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)2.77%
Bid price-
Offer price-
Mid price7.75
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKAD9
Threadneedle (Lux) Enhanced Commodities Portfolio DU EUR
Initial charge1%
Annual charge2.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)2.77%
Bid price-
Offer price-
Mid price7.65
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFV2
Threadneedle (Lux) Enhanced Commodities Portfolio DU USD
Initial charge1%
Annual charge2.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)2.77%
Bid price-
Offer price-
Mid price8.24
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKAD8
Threadneedle (Lux) Enhanced Commodities Portfolio IEH EUR
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price14.09
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKAE1
Threadneedle (Lux) Enhanced Commodities Portfolio IFH CHF
Initial charge-
Annual charge1%
Min single investment£150,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.17%
Bid price-
Offer price-
Mid price10.55
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0Z4U
Threadneedle (Lux) Enhanced Commodities Portfolio IGH GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price14.57
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKAE2
Threadneedle (Lux) Enhanced Commodities Portfolio IKH SEK
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price109.17
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGMEG
Threadneedle (Lux) Enhanced Commodities Portfolio IU EUR
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price13.88
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFV3
Threadneedle (Lux) Enhanced Commodities Portfolio IU USD
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.44%
Bid price-
Offer price-
Mid price14.95
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKAE0
Threadneedle (Lux) Enhanced Commodities Portfolio XGH GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXDB
Threadneedle (Lux) Enhanced Commodities Portfolio XU EUR
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.6%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price14.1
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTEA
Threadneedle (Lux) Enhanced Commodities Portfolio XU USD
Initial charge-
Annual charge0.15%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price15.18
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTDZ
Threadneedle (Lux) Enhanced Commodities Portfolio ZEH EUR
Initial charge5%
Annual charge0.75%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.95
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJ9M
Threadneedle (Lux) Enhanced Commodities Portfolio ZFH CHF
Initial charge5%
Annual charge0.75%
Min single investment£1,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.84
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJ9L
Threadneedle (Lux) Enhanced Commodities Portfolio ZGH GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price8.35
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG29H
Threadneedle (Lux) Enhanced Commodities Portfolio ZU EUR
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-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXDC
Threadneedle (Lux) Enhanced Commodities Portfolio ZU USD
Initial charge5%
Annual charge0.75%
Min single investment£1,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price6.17
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJ9K
Data provided by

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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.