Fact sheet: Threadneedle Managed Bond

Fund information
Fund name
Threadneedle Managed Bond Z Acc GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
Unit Trust
Fund managers
  • Alex Lylesince 01/02/2017
Fund objective
To provide income with potential for capital growth. The Fund will invest at least two-thirds of its assets in funds managed or operated by companies in the Threadneedle group. These funds may invest worldwide. The Fund will invest at least two-thirds of its assets in funds that invest in fixed income securities, but will also have some exposure to company shares. The Fund may also hold cash, near cash and money market instruments. Up to 20% of the value of the Fund may be invested in funds that invest in derivatives for purposes other than Efficient Portfolio Management.
Benchmark
  • IA Mixed Investment 0%-35% Shares
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
11.1%
1 Year rank in sector
20/80
Sector
UT Mixed Investment 0%-35% Shares
Yield
1.7%
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.
0.71%
Fund size
£249m (£226m 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.
38
Bid price
116.1
Offer price
116.1
Top in this sector
Fund name1 Year
S&W Barro II Trust15.5%
SVS TPI Cautious 315%
BlackRock NURS II Consensus 3514.8%
Old Mutual Cirilium Cons14.8%
7IM AAP Income14.4%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • International42.5%
    UK34.5%
    Money Market6.7%
    Others6.3%
    North America4.1%
  • Fixed Interest67.6%
    Equities19.4%
    Money Market6.7%
    Others6.3%
  • Global Fixed Interest42.5%
    UK Fixed Interest25.1%
    UK Equities9.4%
    Money Market6.7%
    Others6.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.8%1%11.1%18.2%29.2%
Sector0.4%2.1%1.9%9.1%15.4%26.1%
Rank within sector25 / 8962 / 8762 / 8420 / 8019 / 5818 / 44
Quartile2nd3rd3rd1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%12.4%0.6%4.1%3.7%
Sector1.7%8.4%0.3%5.2%4.2%
Rank within sector57 / 878 / 7633 / 6144 / 5838 / 52
Quartile3rd1st3rd4th3rd
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.
0.91
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.
0.65
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.
0.43
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%.
4.51
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.
3.23
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.
-0.46
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.
0.7
Price movement
52 week high116.9
52 week low104.1
Current bid price116.1
Current offer price116.1
Current mid price-
Region
1International42.5%
2UK34.5%
3Money Market6.7%
4Others6.3%
5North America4.1%
6Europe ex UK3.2%
7Japan2.7%
Industry sector
1Fixed Interest67.6%
2Equities19.4%
3Money Market6.7%
4Others6.3%
Asset type
1Global Fixed Interest42.5%
2UK Fixed Interest25.1%
3UK Equities9.4%
4Money Market6.7%
5Others6.3%
6North American Equities4.1%
7Europe ex UK Equities3.2%
8Japanese Equities2.7%
Individual holdings
1THREADNEEDLE UK CORPORATE BOND FUND16.1%
2THREADNEEDLE DOLLAR BOND RET GR ACC GBP11.2%
3THREADNEEDLE EUROPEAN CORPORATE BOND FUND10.6%
4THREADNEEDLE HIGH YIELD BOND FUND6.4%
5THREADNEEDLE GLOBAL OPPORTUNITIES BOND FUND6.3%
6THREADNEEDLE GLOBAL BOND FUND 5.6%
7THREADNEEDLE UK EQUITY INCOME FUND5.1%
8THREADNEEDLE (LUX) GLOBAL CORPORATE BOND FUND4.5%
9THREADNEEDLE UK INSTITUTIONAL FUND4.3%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
Unit Trust
Fund objective
To provide income with potential for capital growth. The Fund will invest at least two-thirds of its assets in funds managed or operated by companies in the Threadneedle group. These funds may invest worldwide. The Fund will invest at least two-thirds of its assets in funds that invest in fixed income securities, but will also have some exposure to company shares. The Fund may also hold cash, near cash and money market instruments. Up to 20% of the value of the Fund may be invested in funds that invest in derivatives for purposes other than Efficient Portfolio Management.
Benchmark
  • IA Mixed Investment 0%-35% Shares
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Alex Lyle01/02/2017Alex Lyle is Threadneedle’s Head of Managed Funds. In 1980, he joined Hambros Bank’s unit trust division, which was acquired by Allied Dunbar in 1981 and subsequently became part of Threadneedle Investments in 1994. He managed UK equity portfolios for more than 20 years. He was appointed joint head of Threadneedle’s Pan European equity team in December 1999 and then Head of Managed funds in May 2003. In this role he takes responsibility for a large number of our managed funds, is a member of the asset allocation committee and is a key investment contact between Threadneedle and some of our major clients.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Sweden
Threadneedle Managed Bond Inst Acc GBP
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.06%
Bid price96.82
Offer price96.82
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTF78
Threadneedle Managed Bond Ret Acc GBP
Initial charge3.75%
Annual charge1.15%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.35%
Bid price94.53
Offer price98.08
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTC71
Threadneedle Managed Bond Z Acc GBP
Initial charge3%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price116.1
Offer price116.1
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKWYE
Threadneedle Managed Bond Z Inc
Initial charge3%
Annual charge0.55%
Min single investment£1,000,000
Min regular saving£50,000
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 codeNE1Z
Data provided by

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