Fact sheet: TwentyFour Dyn Bd

Fund information
Fund name
TwentyFour Dynamic Bond I Net Acc GBP
Fund manager company
TwentyFour Asset Management LL
Fund type
OEIC
Fund managers
  • Felipe Villarroelsince 02/03/2011
  • Gary Kirksince 26/04/2010
  • Mark Holmansince 26/04/2010
  • Pierre Beniguelsince 22/04/2014
  • Eoin Walshsince 26/04/2010
Fund objective
The Fund aims to provide an attractive level of income along with an opportunity for capital growth, by investing in a broad range of bonds and fixed-income assets.
Benchmark
  • 3 Month LIBOR
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
9.6%
1 Year rank in sector
20/81
Sector
UT Sterling Strategic Bond
Yield
4.8%
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.
0.78%
Fund size
£1,459m (£1,449m 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.
25
Mid price
155.0931
Top in this sector
Fund name1 Year
Fidelity UK Inv Grd Lg Cr15.5%
Natixis LS Stgc Inc15.2%
Fidelity I Stg Cr + Bd15.1%
Fidelity Pre-Retirmnt Bd13.8%
Baillie Gifford Corp Bd12.4%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK46.1%
    Europe30.7%
    North America11.7%
    Pacific Rim5%
    Others3.3%
  • Banks25.8%
    High Yield Bond20.5%
    Asset/Mortgage-Backed Securities18.4%
    Insurance17.1%
    Government Bonds10.1%
  • UK Fixed Interest46.1%
    European Fixed Interest30.7%
    North American Fixed Interest11.7%
    Asia Pacific Fixed Interest6%
    Global Fixed Interest3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%2.9%4.9%9.6%13.7%44.9%
Sector0.8%2.6%2.3%7.8%13.6%30.7%
Rank within sector10 / 8431 / 843 / 8420 / 8137 / 736 / 63
Quartile1st2nd1st1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund4.2%4.5%2.6%5.7%9.2%
Sector2.4%7.3%-0.3%6.8%2.6%
Rank within sector4 / 8468 / 783 / 7441 / 726 / 65
Quartile1st4th1st3rd1st
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.
0.24
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.
0.97
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.
0.2
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%.
4.38
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.
2.83
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.
0.03
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.
0.58
Price movement
52 week high154.73
52 week low141.28
Current bid price-
Current offer price-
Current mid price155.09
Region
1UK46.11%
2Europe30.72%
3North America11.68%
4Pacific Rim5.02%
5Others3.32%
6South America2.19%
7Asia0.96%
Industry sector
1Banks25.8%
2High Yield Bond20.52%
3Asset/Mortgage-Backed Securities18.43%
4Insurance17.07%
5Government Bonds10.06%
6Investment Grade Corporate Bonds4.7%
7Others2.56%
8Cash & Cash Equivalents0.86%
Asset type
1UK Fixed Interest46.11%
2European Fixed Interest30.72%
3North American Fixed Interest11.68%
4Asia Pacific Fixed Interest5.98%
5Global Fixed Interest3.32%
6American Emerging Fixed Interest2.19%
Individual holdings
1UKT 2 07/22/205.43%
2ACGB 5.75 05/15/21 1242.96%
3COVBS 6.375 PERP2.19%
4BACR 14 PERP RCI2.07%
5NWIDE 6.875 PERP EMTN1.86%
6T 1.5 08/15/261.67%
7GFKLDE 8.5 11/01/22 REGS1.46%
8ECPG 7.5 10/01/23 REGS1.45%
9CS 7.5 PERP REGS1.34%
Management
Fund manager group
TwentyFour
Fund manager company
TwentyFour Asset Management LL
Fund type
OEIC
Fund objective
The Fund aims to provide an attractive level of income along with an opportunity for capital growth, by investing in a broad range of bonds and fixed-income assets.
Benchmark
  • 3 Month LIBOR
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Felipe Villarroel02/03/2011Felipe joined TwentyFour in 2011 and his primary responsibility is the co-management of the firm's Funds. Prior to joining TwentyFour, Felipe worked as an Asset Allocation and Strategy Analyst at Celfin Capital in Chile. Here, Felipe took an active role in developing the team's Strategic view of the global macro economy and asset classes.
Gary Kirk26/04/2010Partner with 28 years' of credit market experience;previously Head of Proprietary Credit Trading at Wachovia
Mark Holman26/04/2010Mark is one of the founding partners of TwentyFour, and serves as the firm’s Chief Executive Officer.
Pierre Beniguel22/04/2014Portfolio Manager with 5 years' experience. Previously part of the loan trading group at Portigon Financial Services AG.
Eoin Walsh26/04/2010Partner with 18 years' experience; previously senior portfolio manager at Citi Alternative.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
TwentyFour Dynamic Bond A Gr Inc GBP
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price11.0277
CurrencyGBP
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZU4
TwentyFour Dynamic Bond A Net Acc GBP
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.3%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price15.039
CurrencyGBP
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZU3
TwentyFour Dynamic Bond A Net Inc GBP
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.35%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price10.3536
CurrencyGBP
Price updated05/02/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJZU2
TwentyFour Dynamic Bond I Gr Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£50,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price167.3414
CurrencyGBP
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZU7
TwentyFour Dynamic Bond I Gr Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£50,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price112.0615
CurrencyGBP
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJZU6
TwentyFour Dynamic Bond I Net Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£50,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price155.0931
CurrencyGBP
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZU9
TwentyFour Dynamic Bond I Net Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£50,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price112.0048
CurrencyGBP
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJZU8
TwentyFour Dynamic Bond M Gr Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
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 codeI7UF
TwentyFour Dynamic Bond M Gr Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£50,000,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price108.3194
CurrencyGBP
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGWVJ
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.