Fact sheet: Threadneedle Europn Bd

Fund information
Fund name
Threadneedle European Bond Ret Z Inc GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Matthew Cobonsince 01/02/2016
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) priced in a range of currencies and issued by governments and companies in Europe (including Eastern Europe), or companies that have significant operations there, or other bonds issued by governments and companies that are priced in Euros or other European currencies.
Benchmark
  • BofA Merrill Lynch Pan-Europe Broad Market Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
17.2%
1 Year rank in sector
23/67
Sector
UT Global Bonds
Yield
0.6%
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.
0.65%
Fund size
£159m (£144m 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.
62
Mid price
109.82
Top in this sector
Fund name1 Year
M&G Global gvt bnd28.7%
Aberdeen World Gov Bd24%
M&G Global Macro Bond23.7%
Threadneedle EurpHdBd22.9%
BlackRock OseaCorBdTrk22.9%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • Europe90.4%
    Money Market9.6%
  • Government Bonds44.5%
    Money Market9.6%
    Utilities9%
    Banks6%
    Government Guaranteed4.6%
  • European Fixed Interest90.4%
    Money Market9.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.3%-3.1%7.4%17.2%17.7%29.5%
Sector-2.8%-1.5%5.2%11.5%13.7%19.4%
Rank within sector55 / 7056 / 6925 / 6923 / 6718 / 5716 / 47
Quartile4th4th2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund16.9%-4.2%5.4%2.9%7%
Sector11.4%-1.3%3.8%-2%6.1%
Rank within sector23 / 6752 / 6128 / 5814 / 5519 / 47
Quartile2nd4th2nd2nd2nd
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.
-1.44
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.
1.22
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.
0.27
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%.
8.49
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.
3.74
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.
-0.07
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.
0.83
Price movement
52 week high118.36
52 week low94.23
Current bid price-
Current offer price-
Current mid price109.82
Region
1Europe90.4%
2Money Market9.6%
Industry sector
1Government Bonds44.5%
2Money Market9.6%
3Utilities9%
4Banks6%
5Government Guaranteed4.6%
6Mortgage & Secured Bonds3.7%
7Telecommunications3.3%
8Real Estate3.1%
9Basic Industries2.9%
Asset type
1European Fixed Interest90.4%
2Money Market9.6%
Individual holdings
1SPAIN(KINGDOM OF) 5.85% BDS 31/01/22 EUR10005.7%
2GOV OF GERMANY 0.10% 15/04/20265.4%
3FRANCE(GOVT OF) 2.5% NTS 25/05/30 EUR14.1%
4TREASURY 3.5% GILT 22/01/45 GBP3.6%
5SPAIN(KINGDOM OF) 1.95% BDS 30/04/26 EUR10002.5%
6HUNGARY 3.875% BDS 24/02/20 EUR10002.4%
7ITALY(REPUBLIC OF) 1.6% BDS 01/06/26 EUR10002.3%
8ITALY(REPUBLIC OF) 2.7% BDS 01/03/47 EUR10002.2%
9EXPORT-IMPORT BANK OF KOREA 2% BDS 30/04/20 EUR10001.9%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate) priced in a range of currencies and issued by governments and companies in Europe (including Eastern Europe), or companies that have significant operations there, or other bonds issued by governments and companies that are priced in Euros or other European currencies.
Benchmark
  • BofA Merrill Lynch Pan-Europe Broad Market Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Matthew Cobon01/02/2016Matthew Cobon joined the company in 2011 and is currently Head of Interest Rates and Currency, EMEA. He is the lead portfolio manager of Threadneedle’s absolute return bond funds (Threadneedle Absolute Return Bond Fund and Threadneedle Target Return Fund). Matthew also sits on the firm-wide Asset Allocation committee and helps to manage an absolute return multi-asset fund in conjunction with the company’s Multi- Asset team. Matthew’s investment focus is formulating and managing a broad portfolio of developed market and emerging market currencies with a view to generating a liquid uncorrelated alpha stream. Before joining the company, Matthew spent four years at Aberdeen Asset Management where he held the role of Head of Currency. Matthew’s FX market experience spans 17 years and has also included roles at Deutsche Asset Management and Citigroup Global Markets. Matthew obtained an Economics degree from the University of Warwick in 1996.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, Finland, France, United Kingdom, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Peru, Portugal, Singapore, Sweden
Threadneedle European Bond Inst Gr Acc EUR
Initial charge-
Annual charge0.5%
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price1.5979
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN4P3
Threadneedle European Bond Inst Gr GBP
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price135.91
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN4P2
Threadneedle European Bond Ret GBP
Initial charge3.75%
Annual charge1%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price76.09
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTH62
Threadneedle European Bond Ret Gr Acc EUR
Initial charge3.75%
Annual charge1%
Min single investment£2,500
Min regular saving£750
Available in ISAYes
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price1.7488
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTA64
Threadneedle European Bond Ret Gr GBP
Initial charge3.75%
Annual charge1%
Min single investment£2,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price148.75
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9W0
Threadneedle European Bond Ret Inc EUR
Initial charge3.75%
Annual charge1%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price0.8946
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN9V9
Threadneedle European Bond Ret Z Inc EUR
Initial charge3%
Annual charge0.5%
Min single investment£1,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price1.2911
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8DC
Threadneedle European Bond Ret Z Inc GBP
Initial charge3%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.65%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price109.82
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8DD
Threadneedle European Bond Z Inc GBP
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-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLVH
Data provided by

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