Fact sheet: Eastspring Inv AsnBd

Fund information

Fund name
Eastspring Inv Asian Bond R USD
Fund company manager
Eastspring Investments (Lux) S
Fund type
SIB
Fund manager(s)
David Lai
since 01/03/2009
Fund objective
This Sub-Fund invests in a diversified portfolio consisting primarily of fixed income/debt securities issued by Asian entities or their subsidiaries. This Sub-Fund’s portfolio primarily consists of securities denominated in US dollars as well as the various Asian currencies and aims to maximize total returns through investing in fixed income / debt securities that are rated as well as unrated. This Sub-Fund may invest up to 20% of its net assets in ABS, MBS, Contingent Convertible Bonds (“CoCos”), Distressed Securities and Defaulted Securities, with a limit of 10% for Distressed Securities and Defaulted Securities combined. In addition, this Sub-Fund may invest up to 10% of its net assets in synthetic fixed income instruments (including credit-linked notes). It may also hold up to 10% of its net assets in equity securities to the extent that such securities result from the conversion or exchange of a preferred stock or debt obligation. This Sub-Fund may make investments up to 10% of its net assets in Chinese onshore debt securities through the China interbank bond market direct access program (the “CIBM Direct Access Program”) and/or China Hong Kong Bond Connect (“Bond Connect”).
Benchmark
JP Morgan Asia Credit Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

4.06 %

1 Year rank in sector

25/30

Sector

FO Fixed Int - Asia Pacific

Yield
-
Fund size

£ 3.3 b

FE Risk score

21

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    45.2%
  • Indonesia
    13.2%
  • India
    8.8%
  • Hong Kong
    8.3%
  • Korea
    7.1%
  • Money Market
    23.7%
  • Banks
    14.6%
  • Financials
    13.3%
  • Real Estate
    13.3%
  • Oil & Gas
    11.8%
  • Chinese Fixed Interest
    45.2%
  • Indonesian Fixed Interest
    13.2%
  • Indian Fixed Interest
    8.8%
  • Hong Kong Fixed Interest
    8.3%
  • South Korean Fixed Interest
    7.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.02 %1.45 %4.06 %12.39 %17.91 %
Sector0.39 %2.37 %5.59 %9.63 %9.05 %
Rank within sector23 / 3322 / 3025 / 308 / 228 / 20
Quartile th3 rd3 rd4 th2 nd2 nd

Calendar performance

YTD-20182017201620152014
Fund0.03 %5.05 %5.22 %1.64 %7.78 %
Sector0.29 %6.61 %4.65 %-2.04 %3.68 %
Rank within sector23 / 3323 / 3014 / 277 / 224 / 21
Quartile th3 rd4 th3 rd2 nd1 st

Risk statistics

Alpha2.01
Beta0.63
Sharpe0.15
Volatility2.95
Tracking error1.96
Information ratio0.47
R-Squared0.83

Price movement

52 week high11.898
52 week low11.354
Current bid price0
Current offer price0
Current mid price11.862

Holdings by region

  • 45.2% China
  • 13.2% Indonesia
  • 8.8% India
  • 8.3% Hong Kong
  • 7.1% Korea
  • 5.6% Money Market
  • 4.9% Philippines
  • 3% Singapore
  • 2.2% Malaysia
  • 1.7% Thailand

Holdings by sector

  • 23.7% Money Market
  • 14.6% Banks
  • 13.3% Financials
  • 13.3% Real Estate
  • 11.8% Oil & Gas
  • 10.5% Government Bonds
  • 3.6% Government Agency Bonds
  • 3.6% Utilities
  • 2.9% Mineral Extraction
  • 2.7% Conglomerates

Holdings by asset type

  • 45.2% Chinese Fixed Interest
  • 13.2% Indonesian Fixed Interest
  • 8.8% Indian Fixed Interest
  • 8.3% Hong Kong Fixed Interest
  • 7.1% South Korean Fixed Interest
  • 5.6% Money Market
  • 4.9% Philippine Fixed Interest
  • 3% Singapore Fixed Interest
  • 2.2% Malaysian Fixed Interest
  • 1.7% Thai Fixed Interest

Individual holdings

  • 0.94% PROVEN HONOUR CAPITAL LTD 4.125% BDS 06/05/26 USD200000
  • 0.59% BANK OF CHINA 5% 13/
  • 0.59% CHINA CINDA FINANCE 3.125% BDS 23/04/20 USD200000 REG S
  • 0.57% CNOOC FINANCE 2013 LTD 3% BDS 09/05/23 USD200000
  • 0.54% CHINA EVERGRANDE GROUP 8.75% MTN 28/06/25 USD1000
  • 0.53% WOORI BANK KOREA VAR UNDATED NTS USD200000REG S
  • 0.5% RELIANCE INDUSTRIES 4.125% BDS 28/01/25 USD250000 REG S
  • 0.46% INDONESIA GOVERNMENT INTERNATIONAL 5.125% BDS 15/01/45 USD200000
  • 0.45% INDONESIA EXIMBANK 7.6% BDS 15/08/20 IDR5000000
  • 0.45% SINOPEC GRP. O/SEA 2.50%