Fact sheet: Wells Fargo WW Gbl Opp Bd

Fund information
Fund name
Wells Fargo Worldwide Global Opportunity Bond I USD
Fund manager company
Wells Fargo
Fund type
Offshore Fund
Fund managers
  • Michael Leesince 29/06/2012
  • Peter Wilsonsince 29/06/2012
  • First Intl Advsince 29/06/2012
  • Anthony Norrissince 29/06/2012
  • Christopher Wightmansince 29/06/2012
  • Alex Perrinsince 29/06/2012
Fund objective
The Fund seeks total return, consisting of a high level of current income and capital appreciation.
Benchmark
  • Barclays Global Aggregate Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4%
1 Year rank in sector
206/287
Sector
FO Fixed Int - Global
Yield
-
Fund size
£157m (£111m 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.
20
Top in this sector
Fund name1 Year
Capital Group GHIOL34.5%
Dodge & Cox Global Bond27.5%
Russell Gbl Bd27.2%
La Mondiale Global Bond26.9%
Aberdeen Global II GlGovtBd26.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International96.7%
    Money Market3.3%
  • Government Bonds74.9%
    Investment Grade Corporate Bonds13.9%
    High Yield Bond3.3%
    Money Market3.3%
    Government Agency Bonds3.1%
  • Global Fixed Interest96.7%
    Money Market3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%0.7%2.5%4%11.5%-
Sector0%2%4.4%6.2%8.6%17.4%
Rank within sector197 / 305236 / 303220 / 301206 / 28795 / 228-
Quartile3rd4th3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.4%-1.5%7.7%-3.4%-
Sector6.4%-1.6%3.7%-1.6%8.2%
Rank within sector176 / 297167 / 27554 / 236143 / 204-
Quartile3rd3rd1st3rd
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.
1.21
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.
1.05
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.
0.24
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%.
3.72
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.
2.53
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.
0.52
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.
0.53
Price movement
52 week high113.23
52 week low106.39
Current bid price-
Current offer price-
Current mid price112.37
Region
1International96.74%
2Money Market3.26%
Industry sector
1Government Bonds74.86%
2Investment Grade Corporate Bonds13.87%
3High Yield Bond3.32%
4Money Market3.26%
5Government Agency Bonds3.08%
6Asset/Mortgage-Backed Securities1.61%
Asset type
1Global Fixed Interest96.74%
2Money Market3.26%
Individual holdings
1U.S. TREASURIES38.45%
2NEW ZEALAND GOVERNMENT4.44%
3GOVERNMENT OF AUSTRALIA2.87%
4GOVERNMENT OF POLAND2.79%
5MEX BONOS DESARR FIX RT SR UNS2.74%
Management
Fund manager group
Wells Fargo
Fund manager company
Wells Fargo
Fund type
Offshore Fund
Fund objective
The Fund seeks total return, consisting of a high level of current income and capital appreciation.
Benchmark
  • Barclays Global Aggregate Bond
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Michael Lee29/06/2012Senior Portfolio Manager, First International Advisors. Michael Lee is a senior portfolio manager with the First International Advisors team at Wells Capital Management. Mike is one of five senior members of the investment team that forms the Senior Strategy Team. His responsibilities include the day-to-day management and implementation of portfolio strategies. He joined WellsCap from Evergreen Investments, where he served in a similar role since 1992. Prior to this, he worked at Northern Trust Co. Earlier, he held investment positions at JPMorgan Chase and National Westminster Bank. Michael began his investment industry career in 1982. He is a member of the U.K. Society of Investment Professionals.
Peter Wilson29/06/2012Peter Wilson is a senior portfolio manager with the First International Advisors team at Wells Capital Management. Peter is one of four senior members of the investment team that forms the Investment Strategy Committee. His additional responsibilities include client servicing and communicating investment philosophy and strategies. He joined WellsCap from Evergreen Investments, where he served in a similar role since 1989. Previously, he served as treasurer and portfolio manager for Axe-Houghton, vice president at Bankers Trust in London and New York, and portfolio manager at Merchant Bankers Kleinwort Benson Ltd. Peter began his investment industry career in 1978 at international stockbrokers James Capel & Co. He was educated in Canada, Hong Kong, and England.
First Intl Adv29/06/2012
Anthony Norris29/06/2012Tony Norris is a senior portfolio manager with the First International Advisors team at Wells Capital Management. His responsibilities include developing investment strategies using computer-based qualitative and technical analysis systems, integrating their output with fundamental research and strategy optimization systems, and monitoring the results within particular investment risk guidelines. He joined WellsCap from Evergreen Investments, where he served in a similar role since 1990. Previously, he spent several years in banking, with particular emphasis on foreign exchange. Tony served in senior executive positions at Reserve Asset Managers and Gillett Brothers Fund Management. He began his investment industry career in 1966 at Wallace Brothers Bank. He is a member of the Society of Technical Analysts and is an associate of the International Federation of Technical Analysts.
Christopher Wightman29/06/2012Chris Wightman is a senior portfolio manager with the First International Advisors team at Wells Capital Management. Chris is one of five senior members of the investment team that forms the Senior Strategy Team. His responsibilities include macro-portfolio allocation, portfolio positioning, and risk management. He joined First International Advisors in 2011 from JP Morgan Chase, where he served as a senior investment manager specializing in global fixed income strategies. Earlier, Chris served as a senior fixed income trader at Fidelity International. He began his investment industry career in 1997 as a graduate analyst at Morgan Stanley. Chris earned a B.A. (Hons) in business studies at Staffordshire University (UK).
Alex Perrin29/06/2012Mr. Perrin has been with Wells Capital Management or one of its predecessor firms since 1992. He is currently the director of research and senior portfolio manager with London-based First International Advisors, where he is one of five senior members of the international fixed-income team that forms the Investment Strategy Committee. His responsibilities include the day-to-day analysis and review of the firm’s portfolio strategies. Mr. Perrin has been working in the investment management field since 1992. He is a member of the Society of Technical Analysts and is also an associate member of the U.K. Society of Investment Professionals. He received a B.S. in mathematics and computer science from the University of Hull in the United Kingdom.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Wells Fargo Worldwide Global Opportunity Bond A Hedged EUR
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price83.04
CurrencyEUR
Price updated25/08/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG6FW
Wells Fargo Worldwide Global Opportunity Bond A USD
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price110.03
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG6FU
Wells Fargo Worldwide Global Opportunity Bond I Hedged EUR
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price84.43
CurrencyEUR
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG6FY
Wells Fargo Worldwide Global Opportunity Bond I Hedged GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price69.62
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG6FZ
Wells Fargo Worldwide Global Opportunity Bond I Hedged NOK
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price696.95
CurrencyNOK
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFB3Y
Wells Fargo Worldwide Global Opportunity Bond I USD
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price112.37
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG6FV
Wells Fargo Worldwide Global Opportunity Bond Z GBP
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price69.11
CurrencyGBP
Price updated25/08/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3BK
Wells Fargo Worldwide Global Opportunity Bond Z USD
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price111.79
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF3BJ
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