Fact sheet: Union QuSel SICV-GlbCrMinRisk

Fund information
Fund name
Union Quoniam Selection SICAV - Global Credit MinRisk A
Fund manager company
Union Investment
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The aim of the investment policy of Quoniam Funds Selection SICAV – Global Credit MinRisk (the "sub-fund") is to generate an adequate yield on the capital invested. Using the MinRisk strategy, the aim for the sub-fund is to achieve a high absolute performance in a EUR bond fund while maintaining a low depreciation risk. The previous paragraph was amended on 28 November 2014 and now reads as follows: Using the MinRisk strategy, the aim for the sub-fund is to achieve a high absolute performance in a global bond fund while maintaining a low depreciation risk.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.9%
1 Year rank in sector
21/34
Sector
FO Fixed Int - EUR
Yield
-
Fund size
£127m (£41m 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.
69
Top in this sector
Fund name1 Year
Schroder ISF EURCrConv5.5%
Union Quoniam Sel SICV€Cr3.9%
BNP Paribas FlxSecuritisation3.7%
Morg Stnly Euro Stragic Bd3.3%
CS 1Lux Ctgt Cap Eur3.3%
...more in FO Fixed Int - EUR

Performance snapshot

Holdings snapshot

  • USA48.8%
    Money Market9%
    UK6.8%
    France5.3%
    Australia4.2%
  • Banks13%
    Hardware9.1%
    Money Market9%
    Biotechnology/Medical8.5%
    Food, Beverages and Tobacco8.4%
  • US Fixed Interest48.8%
    Money Market9%
    UK Fixed Interest7.1%
    French Fixed Interest5.3%
    Australian Fixed Interest4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-1.6%-0.6%0.9%4.3%13.8%
Sector-1%-1.9%-0.1%1.4%9.7%24.2%
Rank within sector18 / 3415 / 3520 / 3521 / 3427 / 3024 / 26
Quartile3rd2nd3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.4%0.1%2.6%1.9%6.7%
Sector1.8%0%7.7%1.5%10.2%
Rank within sector24 / 3416 / 3328 / 3112 / 2823 / 26
Quartile3rd2nd4th2nd4th
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.
0.53
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%.
1.67
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.
1.57
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.
-1.04
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.
0.57
Price movement
52 week high93.03
52 week low90.28
Current bid price89.26
Current offer price89.26
Current mid price-
Region
1USA48.82%
2Money Market9.01%
3UK6.75%
4France5.27%
5Australia4.21%
6Netherlands3.65%
7Italy3.23%
8Spain2.17%
9Canada2.05%
Industry sector
1Banks13.01%
2Hardware9.05%
3Money Market9.01%
4Biotechnology/Medical8.5%
5Food, Beverages and Tobacco8.39%
6Basic Materials7.96%
7Utilities7.62%
8Healthcare & Medical Products5.6%
9Media5.26%
Asset type
1US Fixed Interest48.82%
2Money Market9.01%
3UK Fixed Interest7.08%
4French Fixed Interest5.27%
5Australian Fixed Interest4.21%
6Dutch Fixed Interest3.65%
7Italian Fixed Interest3.23%
8American Emerging Fixed Interest2.84%
9Spanish Fixed Interest2.17%
Individual holdings
1JPMORGAN CHASE & CO 2.35% BDS 28/01/19 USD20001.04%
2BOTTLING GROUP 5.125% BDS 15/01/19 USD10001%
3UNITED PARCEL SERVICE INC 1.625% BDS 15/11/25 EUR1000000.96%
4UNITED TECHNOLOGIES CORP 3.1% BDS 01/06/22 USD10000.96%
5DH EUROPE FINANCE SA 1.7% BDS 06/01/22 EUR1000000.95%
6HOME DEPOT INC 2.25% SNR NTS 10/09/18 USD20000.82%
7SABMILLER HLDGS INC 1.875% MTN 20/01/20 EUR10000.82%
8GILEAD SCIENCES INC 1.85% BDS 04/09/18 USD10000.81%
9MASTERCARD INC 2% BDS 01/04/19 USD10000.81%
Management
Fund manager group
No data available.
Fund manager company
Union Investment
Fund type
Offshore Fund
Fund objective
The aim of the investment policy of Quoniam Funds Selection SICAV – Global Credit MinRisk (the "sub-fund") is to generate an adequate yield on the capital invested. Using the MinRisk strategy, the aim for the sub-fund is to achieve a high absolute performance in a EUR bond fund while maintaining a low depreciation risk. The previous paragraph was amended on 28 November 2014 and now reads as follows: Using the MinRisk strategy, the aim for the sub-fund is to achieve a high absolute performance in a global bond fund while maintaining a low depreciation risk.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, France, United Kingdom, Luxembourg, Norway, Offshore, Sweden
Union Quoniam Selection SICAV - Global Credit MinRisk A
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price89.26
Offer price89.26
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMEG6
Union Quoniam Selection SICAV - Global Credit MinRisk I
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price962.6
Offer price962.6
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFV1F
Data provided by

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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.