Fact sheet: TwentyFour MonumtBd

Fund information
Fund name
TwentyFour Monument Bond I Net Acc GBP
Fund manager company
TwentyFour Asset Management LL
Fund type
OEIC
Fund managers
  • Ben Haywardsince 09/08/2009
  • Rob Fordsince 09/08/2009
  • Douglas Charlestonsince 16/06/2013
  • Aza Teeuwensince 31/08/2011
Accolades
Fund objective
The Fund aims to provide an attractive level of income relative to prevailing interest rates, whilst maintaining a strong focus on capital preservation
Benchmark
  • 3 Month LIBOR
Investment style
Capital Protection Targeted
Investment method
Fixed Interest
Quick stats
1 Year return
3.9%
1 Year rank in sector
90/123
Sector
UT Specialist
Yield
3%
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.
0.83%
Fund size
£195m (£228m 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.
12
Mid price
128.4706
Top in this sector
Fund name1 Year
MFM Junior Gold123.8%
WAY Charteris Gd Prcsml109%
CF Ruffer Gold81.7%
Smith & Williamson GblGld&Res79.1%
Investec Global Gold74%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • UK51.3%
    International20.2%
    Italy10.1%
    Money Market6.1%
    Portugal3.9%
  • Asset/Mortgage-Backed Securities93.9%
    Money Market6.1%
  • UK Fixed Interest51.3%
    Global Fixed Interest20.2%
    Italian Fixed Interest10.1%
    Money Market6.1%
    Portuguese Fixed Interest3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1%3%3.9%5.8%27%
Sector-3.5%-0.5%10%16%14.1%25.5%
Rank within sector23 / 12442 / 125100 / 12590 / 12386 / 11450 / 91
Quartile1st2nd4th3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.5%-2.3%4.5%4.6%14.8%
Sector18%-4.5%1.2%4.5%7.5%
Rank within sector98 / 12475 / 11955 / 11558 / 10526 / 91
Quartile4th3rd2nd3rd2nd
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.
1.76
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.
0.03
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%.
2.47
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.
9.8
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.
-0.36
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.
0.01
Price movement
52 week high128.51
52 week low120.86
Current bid price-
Current offer price-
Current mid price128.47
Region
1UK51.32%
2International20.21%
3Italy10.14%
4Money Market6.08%
5Portugal3.91%
6Spain3.61%
7Germany3.04%
8Netherlands1.69%
Industry sector
1Asset/Mortgage-Backed Securities93.92%
2Money Market6.08%
Asset type
1UK Fixed Interest51.32%
2Global Fixed Interest20.21%
3Italian Fixed Interest10.14%
4Money Market6.08%
5Portuguese Fixed Interest3.91%
6Spanish Fixed Interest3.61%
7German Fixed Interest3.04%
8Dutch Fixed Interest1.69%
Individual holdings
1LEEK 194.01%
2PRS 2006-14%
3RMS 213.93%
4WARW 23.67%
5HWKSM 2016-23.66%
6SRFFT 2016-13.61%
7TAURS 2016-DE13.04%
8TPMF 2016-GR12.96%
9INTS 32.79%
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 relative to prevailing interest rates, whilst maintaining a strong focus on capital preservation
Benchmark
  • 3 Month LIBOR
Investment style
Capital Protection Targeted
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ben Hayward09/08/2009Partner with 18 years' structured finance experience, previous senior fund manager to four portfolios at Citi Alternative
Rob Ford09/08/2009Partner with 30 years' of Fixed Income experience. Previously Head of European ABS trading at Barclays Capital
Douglas Charleston16/06/2013Portfolio Manager with 9 years' experience. Previous roles include a structurer at Lloyds and ratings analyst at S&P
Aza Teeuwen31/08/2011Portfolio Manager with 9 years' structured finance experience; previously buy-side analyst for IMC asset management
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
TwentyFour Monument Bond A Gr Acc GBP
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price12.9895
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHWI8
TwentyFour Monument Bond A Net Acc GBP
Initial charge5%
Annual charge1.15%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price12.5644
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFZO7
TwentyFour Monument Bond H Hedged Gr Acc EUR
Initial charge5%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE54A
TwentyFour Monument Bond I Gr Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price133.1939
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHWI6
TwentyFour Monument Bond I Gr Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price109.4374
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHWI7
TwentyFour Monument Bond I Net Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price128.4706
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFZO9
TwentyFour Monument Bond I Net Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price109.3458
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFZO8
TwentyFour Monument Bond L Acc GBP
Initial charge-
Annual charge0.5%
Min single investment£50,000,000
Min regular saving£10,000,000
Available in ISAYes
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0371
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYQP
TwentyFour Monument Bond L Gr Acc GBP
Initial charge-
Annual charge0.5%
Min single investment£50,000,000
Min regular saving£10,000,000
Available in ISAYes
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0006
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMYQR
TwentyFour Monument Bond L Gr Inc GBP
Initial charge-
Annual charge0.5%
Min single investment£50,000,000
Min regular saving£10,000,000
Available in ISAYes
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.007
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMYQQ
TwentyFour Monument Bond L Inc GBP
Initial charge-
Annual charge0.5%
Min single investment£50,000,000
Min regular saving£10,000,000
Available in ISAYes
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0291
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMYQO
Data provided by

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