Fact sheet: Threadneedle (L)Gbl Corp Bd

Fund information
Fund name
Threadneedle (Lux) Global Corporate Bond AU USD
Fund manager company
Threadneedle (Lux)
Fund type
Offshore Fund
Fund manager
  • Alasdair Rosssince 17/06/2014
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) issued by companies worldwide, Money Market Instruments and cash. The Fund will invest mainly in bonds rated at least “BBB-” or “Baa3” by their respective credit rating agency (e.g. S&P or Moody’s) at the time they are purchased. Such bonds are considered safer than lower rated bonds but pay a lower income. 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. Where the Fund invests in bonds that are not priced in US Dollars, the Fund may take measures that aim to mitigate the risk of currency movements against the US Dollar. The Fund may also invest in asset classes and instruments different from those stated above..
Benchmark
  • Bloomberg Barclays Global Aggregate Corporate Index (Hedged USD)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.3%
1 Year rank in sector
92/303
Sector
FO Fixed Int - Global
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.
1.2%
Fund size
£26m (£20m 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.
27
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Fund name1 Year
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Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%2%0.1%5.3%--
Sector0.9%1.5%-0.1%3.5%6%12.2%
Rank within sector63 / 330116 / 323140 / 31192 / 303--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.2%7.7%-1%--
Sector1.7%4.6%-1.6%3.7%-1.6%
Rank within sector111 / 32049 / 293136 / 268--
Quartile2nd1st3rd
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 high11.19
52 week low10.53
Current bid price-
Current offer price-
Current mid price11.09
Region
No data available.
Industry sector
1BBB58.6%
2A17.4%
3Money Market6.7%
4AA5.9%
5BB4.1%
6AAA3.2%
7B1.5%
8Non-Rated1.4%
9Unknown1.2%
Asset type
No data available.
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 1.625% BDS 15/02/26 USD10001.7%
2SGSP AUSTRALIA ASSETS 3.25% NTS 29/07/26 USD10001.5%
3DTE ENERGY CO 3.85% NTS 01/12/23 USD10001.3%
4ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.75% MTN 15/01/22 USD10001.2%
5AT&T INC 4.3% BDS 15/12/42 USD1000 144A1.2%
6JOHNSON & JOHNSON 3.63% 03/03/20371.2%
7TRANSCONTINENTAL GAS PIPE LINE CORP 7.85% BDS 01/02/26 USD2000 144A1.2%
8ENEXIS HLDG BV 1.5% MTN 20/10/23 EUR1000001.1%
9NGG FINANCE 4.25% BDS 18/06/76 EUR10001.1%
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) issued by companies worldwide, Money Market Instruments and cash. The Fund will invest mainly in bonds rated at least “BBB-” or “Baa3” by their respective credit rating agency (e.g. S&P or Moody’s) at the time they are purchased. Such bonds are considered safer than lower rated bonds but pay a lower income. 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. Where the Fund invests in bonds that are not priced in US Dollars, the Fund may take measures that aim to mitigate the risk of currency movements against the US Dollar. The Fund may also invest in asset classes and instruments different from those stated above..
Benchmark
  • Bloomberg Barclays Global Aggregate Corporate Index (Hedged USD)
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Alasdair Ross17/06/2014Alasdair Ross joined the company in 2003 and is currently Head of Investment Grade Portfolio Management, EMEA, with responsibility for our UK and European investment grade corporate credit teams in London. He is also lead portfolio manager for UK, Euro and Global credit portfolios which include the Threadneedle European Corporate Bond Fund, the Threadneedle Global Corporate Bond Fund and the Threadneedle Pensions Corporate Bond Fund.Alasdair’s investment background is as a relative value focused, bottom-up investment grade credit analyst. Between joining the company in 2003 and becoming a portfolio manager in 2007, he had responsibility for covering the TMT, utility and energy sectors, as well as the sterling whole business securitisation sector.Prior to joining the company, Alasdair worked at BP plc in a rotation of commercial roles.Alasdair has a first class honours degree in Politics, Philosophy and Economics from the University of Oxford. He also holds the Chartered Financial Analyst designation.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
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, Sweden, Taiwan - Province Of China
Threadneedle (Lux) Global Corporate Bond AEC EUR
Initial charge2%
Annual charge0.9%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.69
CurrencyEUR
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJFZ
Threadneedle (Lux) Global Corporate Bond AEH EUR
Initial charge2%
Annual charge0.9%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.78
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJFV
Threadneedle (Lux) Global Corporate Bond AFH CHF
Initial charge2%
Annual charge1%
Min single investment£3,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJFW
Threadneedle (Lux) Global Corporate Bond AGH GBP
Initial charge2%
Annual charge1%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJFX
Threadneedle (Lux) Global Corporate Bond AKH SEK
Initial charge2%
Annual charge0.9%
Min single investment£20,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.7
CurrencySEK
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJGA
Threadneedle (Lux) Global Corporate Bond AU EUR
Initial charge2%
Annual charge1%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJFU
Threadneedle (Lux) Global Corporate Bond AU USD
Initial charge2%
Annual charge0.9%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.09
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJFT
Threadneedle (Lux) Global Corporate Bond AUP USD
Initial charge2%
Annual charge1%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.99
CurrencyUSD
Price updated19/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJFY
Threadneedle (Lux) Global Corporate Bond DEC EUR
Initial charge1%
Annual charge1.35%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFJGE
Threadneedle (Lux) Global Corporate Bond DEH EUR
Initial charge1%
Annual charge1.35%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.66
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJGD
Threadneedle (Lux) Global Corporate Bond DU EUR
Initial charge1%
Annual charge1.35%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.33
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJGC
Threadneedle (Lux) Global Corporate Bond DU USD
Initial charge1%
Annual charge1.35%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFJGB
Threadneedle (Lux) Global Corporate Bond DUP USD
Initial charge1%
Annual charge1.35%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC19W
Threadneedle (Lux) Global Corporate Bond IEH EUR
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.97
CurrencyEUR
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGH
Threadneedle (Lux) Global Corporate Bond IFH CHF
Initial charge-
Annual charge0.5%
Min single investment£150,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyCHF
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGI
Threadneedle (Lux) Global Corporate Bond IGH GBP
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.24
CurrencyGBP
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGJ
Threadneedle (Lux) Global Corporate Bond IKH SEK
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.58
CurrencySEK
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGK
Threadneedle (Lux) Global Corporate Bond IU EUR
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGG
Threadneedle (Lux) Global Corporate Bond IU USD
Initial charge-
Annual charge0.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.27
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGF
Threadneedle (Lux) Global Corporate Bond ZEH EUR
Initial charge5%
Annual charge0.5%
Min single investment£1,500,000
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 codeC19X
Threadneedle (Lux) Global Corporate Bond ZGC GBP
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
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
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFJGO
Threadneedle (Lux) Global Corporate Bond ZGH GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.18
CurrencyGBP
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGN
Threadneedle (Lux) Global Corporate Bond ZU EUR
Initial charge5%
Annual charge0.6%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGM
Threadneedle (Lux) Global Corporate Bond ZU USD
Initial charge5%
Annual charge0.5%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.22
CurrencyUSD
Price updated19/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFJGL
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.