Fact sheet: Threadneedle Tgt Rtn

Fund information
Fund name
Threadneedle Target Return Ret Z Gr Acc GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Matthew Cobonsince 29/02/2012
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. The Funds assets will be in long and short positions in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments worldwide, currencies and, when appropriate, cash. 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 use derivatives for short selling (which is designed to make a profit from falling prices). At times, the Fund may be concentrated in any one or a combination of these assets. Where the bonds are not priced in Euro, the Fund may take measures that aim to mitigate the risk of currency movements against the Euro.
Benchmark
  • 3 Month EURIBOR GBP
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
10.2%
1 Year rank in sector
3/72
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.
0.9%
Fund size
£15m (£17m 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.
72
Mid price
91.96
Top in this sector
Fund name1 Year
Majedie Tortoise22%
Jupiter Absolute Return11.2%
Threadneedle Tgt Rtn10.2%
CF Ruffer Absolute Return9.9%
Newton Mgd Tgtd Rtn7.8%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.7%-1.6%3.5%10.2%-6.9%-11.4%
Sector-1%-0.3%0.8%0.1%5.5%15%
Rank within sector73 / 7361 / 7419 / 723 / 7258 / 5847 / 47
Quartile4th4th2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7.6%-8.6%-5.8%1.2%-2.8%
Sector-0%2.2%2.5%6.5%3.3%
Rank within sector6 / 7266 / 6757 / 5850 / 5346 / 47
Quartile1st4th4th4th4th
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.
-0.67
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.
0.07
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
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%.
8.08
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.
9.6
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.
-0.65
Price movement
52 week high100.55
52 week low83.57
Current bid price-
Current offer price-
Current mid price91.96
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. The Funds assets will be in long and short positions in bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments worldwide, currencies and, when appropriate, cash. 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 use derivatives for short selling (which is designed to make a profit from falling prices). At times, the Fund may be concentrated in any one or a combination of these assets. Where the bonds are not priced in Euro, the Fund may take measures that aim to mitigate the risk of currency movements against the Euro.
Benchmark
  • 3 Month EURIBOR GBP
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Matthew Cobon29/02/2012Matthew 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, Transparent for German Tax, IA Recognised, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Sweden
Threadneedle Target Return Inst Gr Acc EUR
Initial charge-
Annual charge0.65%
Min single investment£750,000
Min regular saving£40,000
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price1.1575
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeT023
Threadneedle Target Return Inst Gr Acc GBP
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price97.42
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeT019
Threadneedle Target Return Inst Gr Inc EUR
Initial charge-
Annual charge0.65%
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price1.0898
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKYB5
Threadneedle Target Return Inst Gr Inc GBP
Initial charge-
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.73
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKYB6
Threadneedle Target Return Q Gr Acc USD
Initial charge3%
Annual charge1.25%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price0.9059
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1V4
Threadneedle Target Return Ret Acc EUR
Initial charge3%
Annual charge1.25%
Min single investment£2,500
Min regular saving£2,000
Available in ISAYes
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price1.057
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeT022
Threadneedle Target Return Ret Acc GBP
Initial charge3%
Annual charge1.25%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price88.97
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeT018
Threadneedle Target Return Ret Gr Acc EUR
Initial charge3%
Annual charge1.25%
Min single investment£2,500
Min regular saving£2,000
Available in ISAYes
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price1.0775
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeT021
Threadneedle Target Return Ret Gr Acc GBP
Initial charge3%
Annual charge1.25%
Min single investment£2,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price90.69
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeT017
Threadneedle Target Return Ret Hedged Gr Inc CHF
Initial charge3%
Annual charge1.25%
Min single investment£4,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.49%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2813
CurrencyCHF
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code10BG
Threadneedle Target Return Ret Z Gr Acc EUR
Initial charge3%
Annual charge0.65%
Min single investment£1,500,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0925
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8DL
Threadneedle Target Return Ret 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)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.96
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJB9C
Threadneedle Target Return X Gr Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.1873
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeT024
Threadneedle Target Return X Gr GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.22
CurrencyGBX
Price updated11/06/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeT020
Threadneedle Target Return Z Acc GBP
Initial charge3%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price94.79
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG7DG
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.