Fact sheet: Threadneedle GblOppBd

Fund information
Fund name
Threadneedle Global Opportunities Bond X Gr Acc GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Adrian Hiltonsince 16/10/2016
  • Matthew Cobonsince 01/02/2016
Fund objective
The aim of the Fund is to make a positive return for you over a rolling 12 month period, notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies. At least two-thirds of the Fund’s assets will be in long and short positions in bonds (which are a type of loan that pay a fixed or variable interest rate) issued by companies and governments. 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. The Fund will also make use of derivatives for short selling (which is designed to make a profit from falling prices). The Fund can invest in developed and emerging markets. The Fund may also invest in asset classes and instruments different from those stated above. For this Fund, this means money market instruments, cash and near cash.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
2.2%
1 Year rank in sector
-
Sector
UT Targeted Absolute Return
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.
0.08%
Fund size
£91m (£119m 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.
26
Mid price
0.9541
Top in this sector
Fund name1 Year
7IM Unconstrained21.1%
CF Ruffer Absolute Return18.4%
FP Pictet Multi Asset Portfolio17.7%
Majedie Tortoise14.9%
IFSL Brooks Macdonald DC14%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%1.1%0.6%2.2%--
Sector0.6%1.5%1.5%3.2%5.8%15.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1.2%-1.4%---
Sector0.8%1%2.2%2.5%6.5%
Rank within sector-----
Quartile
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 high0.97
52 week low0.93
Current bid price-
Current offer price-
Current mid price0.95
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund objective
The aim of the Fund is to make a positive return for you over a rolling 12 month period, notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies. At least two-thirds of the Fund’s assets will be in long and short positions in bonds (which are a type of loan that pay a fixed or variable interest rate) issued by companies and governments. 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. The Fund will also make use of derivatives for short selling (which is designed to make a profit from falling prices). The Fund can invest in developed and emerging markets. The Fund may also invest in asset classes and instruments different from those stated above. For this Fund, this means money market instruments, cash and near cash.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Adrian Hilton16/10/2016Adrian joined Columbia Threadneedle Investments in June 2016 as a Fixed Income portfolio manager in the Interest Rates & Currencies team. Prior to this, he spent eight years as a portfolio manager at Brevan Howard Asset Management, where he traded Emerging Markets local rates and currencies.Adrian began his career at the Bank of England in 2000, holding various positions in the Sterling Markets and Foreign Exchange divisions.  He became a portfolio manager in the Bank’s Reserves Management team in 2005 before leaving to join Aberdeen Asset Management in 2007 as a portfolio manager in that firm’s global rates team.  At Aberdeen, he contributed to absolute return rates strategies before joining Brevan Howard in September 2008 at the launch of Brevan Howard’s UCITS absolute return rates strategy.Adrian holds a BA (Hons) in History from the University of Birmingham.
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
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Threadneedle Global Opportunities Bond Ret Acc GBP
Initial charge3.75%
Annual charge1.1%
Min single investment£2,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.36
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0HQ
Threadneedle Global Opportunities Bond Ret Gr Acc GBP
Initial charge3.75%
Annual charge1.1%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9678
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0HR
Threadneedle Global Opportunities Bond Ret Gr Inc
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM0HT
Threadneedle Global Opportunities Bond Ret Inc GBP
Initial charge3.75%
Annual charge1.1%
Min single investment£2,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.18
CurrencyGBX
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM0HS
Threadneedle Global Opportunities Bond X Acc
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
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0HV
Threadneedle Global Opportunities Bond X Gr Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9541
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0HU
Threadneedle Global Opportunities Bond Z Acc GBP
Initial charge3%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.82
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0HM
Threadneedle Global Opportunities Bond Z Gr Acc GBP
Initial charge3%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.03
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0HN
Threadneedle Global Opportunities Bond Z Gr Inc GBP
Initial charge3%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.38
CurrencyGBX
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM0HP
Threadneedle Global Opportunities Bond Z Inc GBP
Initial charge3%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.01
CurrencyGBX
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM0HO
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.