Fact sheet: Vontobel Eastern Eurpn Bd

Fund information
Fund name
Vontobel Eastern European Bond B
Fund manager company
Vontobel Asset Management S.A.
Fund type
Offshore Fund
Fund manager
  • Daniel Karnaussince 01/03/2006
Fund objective
The sub-fund aims to achieve a continuous income and capital gains. While respecting the principle of risk diversification, the Sub-Fund’s assets are invested mainly in various Central and Eastern European currencies and/or debt instruments (bonds, notes and similar fixed and variable rate debt instruments including convertibles and warrant bonds, etc.) issued by public and/or private borrowers based in Central and Eastern Europe, whereby a maximum of 25 % of the Sub-Fund’s assets may be invested in convertibles and warrant bonds. Currency or credit risk may be actively managed by increasing or decreasing currency or credit exposure through the use of derivative financial instruments. Furthermore, interest rate risk may be actively managed by increasing or decreasing interest rate sensitivity (duration) through the use of derivative financial instruments.
Benchmark
  • JP Morgan Global Bond Index Emerging Europe
Investment style
Active
Investment method
Mixed
Quick stats
1 Year return
8.5%
1 Year rank in sector
173/200
Sector
FO Fixed Int - Emerging Markets
Yield
-
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.
1.37%
Fund size
£131m (£138m 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.
75
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$59.2%
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Old Mutual Em Mt Dt36.9%
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Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%3.2%3.2%8.5%3.4%14.9%
Sector0.3%5.2%8.3%12.5%3.1%14.6%
Rank within sector28 / 213172 / 210201 / 207173 / 200100 / 16056 / 95
Quartile1st4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.5%1%-1.8%-8.8%19.5%
Sector13.4%-7.3%-0.6%-7%14.7%
Rank within sector191 / 20526 / 194109 / 17078 / 12513 / 101
Quartile4th1st3rd3rd1st
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
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.
0.81
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%.
8.12
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.
5.63
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.
-0.09
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.
0.55
Price movement
52 week high140.71
52 week low125.54
Current bid price-
Current offer price-
Current mid price140.71
Region
1Eastern Europe100%
Industry sector
1Fixed Interest100%
Asset type
1European Fixed Interest100%
Individual holdings
1POLAND(STATE TREASURY OF) 5.75% NTS 23/9/22 PLN10006.6%
2POLAND PS. 0718 2.5%/12-25.07.20185.9%
3POLAND(STATE TREASURY OF) 5.75% BDS 25/10/21 PLN10005.5%
4HUNGARY 7.5% BDS 12/11/20 HUF100005.1%
5TURKEY(REPUBLIC OF) 9% BDS 08/03/17 TRY10004.5%
6POLAND(STATE TREASURY OF) 5.25% BDS 25/10/20 PLN10004.3%
7HUNGARY 5.5% BDS 24/06/25 HUF100004.2%
8POLAND(STATE TREASURY OF) 1.5% BDS 25/04/20 PLN10004%
9HUNGARY 6.5% BDS 24/06/19 HUF100003.5%
Management
Fund manager group
Vontobel Fund Management
Fund manager company
Vontobel Asset Management S.A.
Fund type
Offshore Fund
Fund objective
The sub-fund aims to achieve a continuous income and capital gains. While respecting the principle of risk diversification, the Sub-Fund’s assets are invested mainly in various Central and Eastern European currencies and/or debt instruments (bonds, notes and similar fixed and variable rate debt instruments including convertibles and warrant bonds, etc.) issued by public and/or private borrowers based in Central and Eastern Europe, whereby a maximum of 25 % of the Sub-Fund’s assets may be invested in convertibles and warrant bonds. Currency or credit risk may be actively managed by increasing or decreasing currency or credit exposure through the use of derivative financial instruments. Furthermore, interest rate risk may be actively managed by increasing or decreasing interest rate sensitivity (duration) through the use of derivative financial instruments.
Benchmark
  • JP Morgan Global Bond Index Emerging Europe
Investment style
Active
Investment method
Mixed
Fund manager
NameSinceBiography
Daniel Karnaus01/03/2006Portfoliomanager at Bank Vontobel AG.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Finland, United Kingdom, Italy, Liechtenstein, Luxembourg, Norway, Offshore, Peru, Portugal, Singapore, Sweden, Taiwan - Province Of China
Vontobel Eastern European Bond A
Initial charge5%
Annual charge1.1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price44.01
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHY62
Vontobel Eastern European Bond AM EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price55.45
CurrencyEUR
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIIY2
Vontobel Eastern European Bond AM USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price50.97
CurrencyUSD
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMUD0
Vontobel Eastern European Bond B
Initial charge5%
Annual charge1.1%
Min single investment£5,000
Min regular saving£2,500
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price140.71
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHY63
Vontobel Eastern European Bond C
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price183.67
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDAG1
Vontobel Eastern European Bond I
Initial charge5%
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price135.18
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDAG2
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