Fact sheet: TwentyFour MonumtBd

Fund information
Fund name
TwentyFour Monument Bond A Gr 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
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
7.9%
1 Year rank in sector
-
Sector
UT Specialist
Yield
2.6%
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.
1.14%
Fund size
£236m (£200m 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.
11
Mid price
13.1896
Top in this sector
Fund name1 Year
WAY Charteris Gd Prcsml106.1%
SF Petrhse Sm Cos Gold97.8%
Old Mutual JPM Nat Res87.7%
JPM Natural Resources85.3%
Scot Wid Latin American82.5%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • UK52.7%
    International21.5%
    Italy8.5%
    Money Market5.7%
    Spain3.1%
  • Asset/Mortgage-Backed Securities93.2%
    Money Market5.7%
    Car Loans1.1%
  • UK Fixed Interest52.7%
    Global Fixed Interest21.5%
    Italian Fixed Interest8.5%
    Money Market5.7%
    Spanish Fixed Interest3.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.6%3.7%7.9%6.1%26.4%
Sector2.3%6.7%5.7%28%22.6%27.8%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1%4.1%-2.2%4.6%4.9%
Sector3.9%22.7%-4.5%1.2%4.5%
Rank within sector-----
Quartile
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.
1.71
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.
0.04
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.
9.57
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.
-0.61
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.
0.03
Price movement
52 week high13.18
52 week low12.21
Current bid price-
Current offer price-
Current mid price13.19
Region
1UK52.7%
2International21.51%
3Italy8.54%
4Money Market5.74%
5Spain3.11%
6Germany2.63%
7Portugal2.15%
8Netherlands1.93%
9France1.69%
Industry sector
1Asset/Mortgage-Backed Securities93.15%
2Money Market5.74%
3Car Loans1.1%
Asset type
1UK Fixed Interest52.7%
2Global Fixed Interest21.51%
3Italian Fixed Interest8.54%
4Money Market5.74%
5Spanish Fixed Interest3.11%
6German Fixed Interest2.63%
7Portuguese Fixed Interest2.15%
8Dutch Fixed Interest1.93%
9French Fixed Interest1.69%
Individual holdings
1MAGEL 4 A4.9%
2PRS 2006-1X B1C4.38%
3RMS 21X M1A4.32%
4ERF 5 A3.8%
5RLOC 2007-1X B1A3.47%
6WARW 2 D2.61%
7RMAC 2005-NS2X M2C2.56%
8GROSV 2015-1X C2.45%
9SRFFT 2016-1 A2.42%
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 price13.1896
CurrencyGBP
Price updated21/02/2017
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 price12.7532
CurrencyGBP
Price updated21/02/2017
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 price135.3298
CurrencyGBP
Price updated21/02/2017
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 price110.5772
CurrencyGBP
Price updated21/02/2017
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 price130.4869
CurrencyGBP
Price updated21/02/2017
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 price110.5698
CurrencyGBP
Price updated21/02/2017
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 price1.0539
CurrencyGBP
Price updated21/02/2017
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 price-
CurrencyGBP
Price updated01/01/1900
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 price1.0178
CurrencyGBP
Price updated21/02/2017
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 price1.0409
CurrencyGBP
Price updated21/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMYQO
Data provided by

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