Fact sheet: Union Unieurorenta Corporates

Fund information
Fund name
Union Unieurorenta Corporates A
Fund manager company
Union Investment
Fund type
No data available.
Fund manager
No data available.
Fund objective
The aim of the investment policy of UniEuroRenta Corporates (the "Fund") is to generate an adequate yield on the capital invested while at the same time taking economic and political risks into consideration.
Benchmark
  • ML EMU Corporate
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.2%
1 Year rank in sector
10/41
Sector
FO Fixed Int - EUR Corporate Bond
Yield
-
Fund size
£834m
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 €Cp Bd4.6%
LO SelTheCredit Bd EUR4.4%
JI High Grade Corporate Bonds CL4%
Morg Stnly Euro Corp Bond3.7%
Vontobel €CorpBdMidYd3.7%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Others17.8%
    France15.5%
    USA13%
    Netherlands12.6%
    Italy11.6%
  • Financials41.3%
    Industrials10.1%
    Others9.5%
    Information Technology8.8%
    Utilities8.4%
  • Global Fixed Interest17.8%
    French Fixed Interest15.5%
    US Fixed Interest13%
    Dutch Fixed Interest12.6%
    Italian Fixed Interest11.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-2.4%0.2%3.2%12.3%36.2%
Sector-1.4%-2.3%0.6%3.2%9.9%28.2%
Rank within sector26 / 4316 / 4217 / 4210 / 416 / 394 / 34
Quartile3rd2nd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund3.7%-0.6%8.8%3.8%15.9%
Sector3.7%-1%6.9%2.2%13.3%
Rank within sector10 / 4117 / 415 / 398 / 387 / 34
Quartile1st2nd1st1st1st
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.
0.39
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.
1.08
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.
0.09
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%.
3.28
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.
0.51
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.
1.21
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.
0.98
Price movement
52 week high51.87
52 week low48
Current bid price49.66
Current offer price51.15
Current mid price-
Region
1Others17.81%
2France15.51%
3USA12.99%
4Netherlands12.58%
5Italy11.57%
6Germany8.78%
7UK8.65%
8Spain7.61%
9Luxembourg4.8%
Industry sector
1Financials41.31%
2Industrials10.12%
3Others9.47%
4Information Technology8.78%
5Utilities8.38%
6Consumer Discretionary7.28%
7Basic Materials6.46%
8Energy4.36%
9Consumer Staples4.13%
Asset type
1Global Fixed Interest17.81%
2French Fixed Interest15.51%
3US Fixed Interest12.99%
4Dutch Fixed Interest12.58%
5Italian Fixed Interest11.57%
6German Fixed Interest8.78%
7UK Fixed Interest8.65%
8Spanish Fixed Interest7.61%
9Luxembourg Fixed Interest4.8%
Individual holdings
1GERMANY(FEDERAL REPUBLIC OF) 0.25% BDS 16/10/20 EUR1002.51%
2SPAIN(KINGDOM OF) 5.4% BDS 31/01/23 EUR10001.69%
3SPAIN(KINGDOM OF) 0.25% TB 30/04/18 EUR10000.98%
4ALLIANDER NV 2.875% MTN 14/06/24 EUR1000000.93%
5LANDESBANK BERLIN AG 5.875% MTN 25/11/19 EUR500000.92%
64,668% ProSecure Funding L.P. EO-Securit0.82%
7VONOVIA FINANCE BV 1.625% MTN 15/12/20 EUR1000000.81%
8COOPERATIEVE RABOBANK UA 3.75% MTN 09/11/20 EUR500000.73%
9TORONTO-DOMINION BANK 0.625% NTS 08/03/21 EUR1000000.73%
Management
Fund manager group
No data available.
Fund manager company
Union Investment
Fund type
No data available.
Fund objective
The aim of the investment policy of UniEuroRenta Corporates (the "Fund") is to generate an adequate yield on the capital invested while at the same time taking economic and political risks into consideration.
Benchmark
  • ML EMU Corporate
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Germany, Spain, United Kingdom, Italy, Luxembourg, Offshore
Union Unieurorenta Corporates A
Initial charge3%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price49.66
Offer price51.15
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeU007
Union Unieurorenta Corporates C
Initial charge3%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price30.41
Offer price31.32
Mid price-
CurrencyEUR
Price updated19/02/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUG48
Union Unieurorenta Corporates M
Initial charge-
Annual charge0.4%
Min single investment£125
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price11356.52
Offer price11356.52
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeX981
Data provided by

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