Fact sheet: Turkisfund Bonds

Fund information
Fund name
Turkisfund Bonds A
Fund manager company
Is Asset Management
Fund type
Offshore Fund
Fund managers
  • Emrah Yücelsince 01/09/2014
  • Ali Toydemirsince 01/09/2014
Fund objective
The objective of this fund is mainly to invest in Turkish Bonds. The fund primarily invests in government securities.Additionally, for yield enhancement purposes, it invests in abroadly diversified portfolio of common stocks of the ISE listed companies. The investment objective of the fund is to provide significant level of income in the long term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.6%
1 Year rank in sector
2/24
Sector
FO Fixed Int - EUR Government
Yield
-
Fund size
£7m
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.
125
Top in this sector
Fund name1 Year
Vanguard 20+ Year € Trs Idx20.8%
Turkisfund Bonds12.6%
BlackRock GIF € Govt Bd Idx7.1%
JI Favourite Bonds CL7.1%
Northern Trust € Govt Bd Idx7%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • Turkey96.5%
    Money Market3.5%
  • Fixed Interest96.5%
    Money Market3.5%
  • European Emerging Fixed Interest96.5%
    Money Market3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%-0.8%0.7%12.6%-4.1%-0%
Sector-0.2%1.5%2.7%6%19.5%29.4%
Rank within sector1 / 2424 / 2423 / 242 / 2423 / 2320 / 20
Quartile1st4th4th1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund3.1%-13.1%17.2%-20.2%21%
Sector5.8%0.4%11.4%1%8.7%
Rank within sector22 / 2424 / 242 / 2321 / 211 / 20
Quartile4th4th1st4th1st
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.
-7.15
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.
1.28
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.
-0.01
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%.
15.76
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.
14.97
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.
-0.44
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.
0.1
Price movement
52 week high81.08
52 week low67.56
Current bid price-
Current offer price-
Current mid price77.46
Region
1Turkey96.49%
2Money Market3.51%
Industry sector
1Fixed Interest96.49%
2Money Market3.51%
Asset type
1European Emerging Fixed Interest96.49%
2Money Market3.51%
Individual holdings
1TURKEY(REPUBLIC OF) 8.8% BDS 14/11/18 TRY19.16%
2TURKEY(REPUBLIC OF) 8.2% BDS 13/07/16 TRY1008.73%
3TURKEY(REPUBLIC OF) 8.8% BDS 27/09/23 TRY10007.8%
4TURKEY(REPUBLIC OF) 10.5% BDS 15/01/20 TRY10007.43%
5TURKEY(REPUBLIC OF) 8.2% BDS 16/11/16 TRY10007.41%
Management
Fund manager group
Is Asset Management
Fund manager company
Is Asset Management
Fund type
Offshore Fund
Fund objective
The objective of this fund is mainly to invest in Turkish Bonds. The fund primarily invests in government securities.Additionally, for yield enhancement purposes, it invests in abroadly diversified portfolio of common stocks of the ISE listed companies. The investment objective of the fund is to provide significant level of income in the long term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Emrah Yücel01/09/2014
Ali Toydemir01/09/2014
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, France, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden
Turkisfund Bonds A
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.09%
Bid price-
Offer price-
Mid price77.46
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0LF3
Data provided by

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