Fact sheet: Threadneedle (L)FlexAsnBd

Fund information
Fund name
Threadneedle (Lux) Flexible Asian Bond AU USD
Fund manager company
Threadneedle (Lux)
Fund type
Offshore Fund
Fund manager
  • Clifford Lausince 29/04/2014
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) that are priced in US Dollars or Asian currencies other than Japanese Yen and issued by governments and companies in Asia (with the exclusion of Japan), or companies that have significant operations in such countries. When appropriate, the Fund may also invest in currencies, including non-Asian currencies. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing.
Benchmark
  • 50% Citi Asian Govt Bond Idx Investible, 50% JPM Asian Credit Idx Sovgn Sub-Idx
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
14.4%
1 Year rank in sector
5/26
Sector
FO Fixed Int - Asia Pacific
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.
1.55%
Fund size
£22m (£19m 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.
39
Top in this sector
Fund name1 Year
Aberdeen Gbl AsLCuShDuBd24.3%
LM WAAsnOpp15.2%
Eastspring Inv AnLlBd15.2%
Fidelity Asian Hi Yd15.1%
Threadneedle (L)FlexAsnBd14.4%
...more in FO Fixed Int - Asia Pacific

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%4.9%7%14.4%--
Sector0.1%3.5%5.6%10.1%11.1%21%
Rank within sector22 / 293 / 297 / 275 / 26--
Quartile4th1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund13.3%-3.3%---
Sector8.5%-2%3.7%-3.3%11.1%
Rank within sector3 / 2716 / 25---
Quartile1st3rd
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 high11.58
52 week low9.89
Current bid price-
Current offer price-
Current mid price11.42
Region
No data available.
Industry sector
1BBB61.9%
2B10.5%
3A8.7%
4AA7.4%
5AAA5.6%
6BB3.5%
7Money Market2.4%
Asset type
No data available.
Individual holdings
1PHILIPPINES(REPUBLIC OF) 3.95% BDS 20/01/40 USD2000003%
2SINGAPORE GOVERNMENT BOND 2.25% 01/06/20212.8%
3INDONESIA(REPUBLIC OF) 4.125% NTS 15/01/25 USD1000144A2.7%
4INDONESIA GOVERNMENT INTERNATIONAL 5.125% BDS 15/01/45 USD200000 144A2.6%
5PHILIPPINES(REPUBLIC OF) 3.625% BDS 09/09/25 PHP50002.5%
6GOV OF KOREA 2.00% 10/09/20202.2%
7PHILIPPINES(REPUBLIC OF) 7.75% BDS 14/01/31 USD1000002.2%
8INDONESIA(REPUBLIC OF) 5.875% BDS 13/03/20 USD1000`144A`2.1%
9MINISTRY OF FINANCE (THAILAND) 3.625% BDS 16/06/23 THB10002.1%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle (Lux)
Fund type
Offshore Fund
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) that are priced in US Dollars or Asian currencies other than Japanese Yen and issued by governments and companies in Asia (with the exclusion of Japan), or companies that have significant operations in such countries. When appropriate, the Fund may also invest in currencies, including non-Asian currencies. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing.
Benchmark
  • 50% Citi Asian Govt Bond Idx Investible, 50% JPM Asian Credit Idx Sovgn Sub-Idx
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Clifford Lau29/04/2014Clifford Lau joined the company in 2012 as Head of Fixed Income, Asia, based in Singapore. In this role he is responsible for managing Asian fixed income assets, developing new products in the area and promoting the company’s expertise across the region. Before joining the company, Clifford was Head of the Singapore office of Pramerica Fixed Income, the asset management division of Prudential Financial Inc., where he had management responsibility for approximately US$1 billion of Asian fixed income assets. He is recognised as one of the leading managers of Asian Fixed Income in the region, and has been voted by Asian institutional magazine The Asset as amongst the Most Astute Asian Bond Investors every year since 2004. Clifford gained a Bachelor of Finance degree from The University of Hong Kong. He holds an Investment Representative License with the Monetary Authority of Singapore and also holds the Chartered Financial Analyst designation.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, 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) Flexible Asian Bond AEC EUR
Initial charge2%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJKD
Threadneedle (Lux) Flexible Asian Bond AEH EUR
Initial charge2%
Annual charge1.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.27
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIMA
Threadneedle (Lux) Flexible Asian Bond AFH CHF
Initial charge2%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJKB
Threadneedle (Lux) Flexible Asian Bond AGH GBP
Initial charge2%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJKC
Threadneedle (Lux) Flexible Asian Bond ASC SGD
Initial charge2%
Annual charge1.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.25
CurrencySGD
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIMD
Threadneedle (Lux) Flexible Asian Bond ASH SGD
Initial charge2%
Annual charge1.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.51
CurrencySGD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIMC
Threadneedle (Lux) Flexible Asian Bond AU EUR
Initial charge2%
Annual charge1.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXAC
Threadneedle (Lux) Flexible Asian Bond AU USD
Initial charge2%
Annual charge1.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.42
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFILZ
Threadneedle (Lux) Flexible Asian Bond AUP USD
Initial charge2%
Annual charge1.25%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.19
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFIMB
Threadneedle (Lux) Flexible Asian Bond DEH EUR
Initial charge1%
Annual charge1.75%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.13
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFIMH
Threadneedle (Lux) Flexible Asian Bond DU USD
Initial charge1%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJKE
Threadneedle (Lux) Flexible Asian Bond IEH EUR
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.41
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIMF
Threadneedle (Lux) Flexible Asian Bond IFH CHF
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJKF
Threadneedle (Lux) Flexible Asian Bond IGH GBP
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.61
CurrencyGBP
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJAG
Threadneedle (Lux) Flexible Asian Bond ISH SGD
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.67
CurrencySGD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIMG
Threadneedle (Lux) Flexible Asian Bond IU EUR
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXAD
Threadneedle (Lux) Flexible Asian Bond IU USD
Initial charge-
Annual charge0.8%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.59
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIME
Threadneedle (Lux) Flexible Asian Bond ZGC GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJKH
Threadneedle (Lux) Flexible Asian Bond ZGH GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJKG
Threadneedle (Lux) Flexible Asian Bond ZU EUR
Initial charge5%
Annual charge0.6%
Min single investment£1,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFXAE
Threadneedle (Lux) Flexible Asian Bond ZU USD
Initial charge5%
Annual charge0.6%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.61
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIMJ
Data provided by

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