Fact sheet: GIS Ttl Rtn Eu HY

Fund information

Fund name
GIS Total Return Euro High Yield DX
Fund company manager
Generali Investment SICAV
Fund type
SIB
Fund manager
Stefano Perin
since 01/10/2007
Fund objective
The objective of the Fund is to preserve the invested capital and maximize the total investment return through an exposure to Euro denominated high yield debt securities. The Fund shall mainly invest in Euro denominated high yield debt and debt-related securities of any kind. The Investment Manager may temporarily increase the credit quality of the portfolio to counteract an increase in market volatility when it believes such conditions require defensive actions. The Fund may hold equities following the conversion up to 5% of its net asset. Investments in contingent convertible bonds ("CoCos") are allowed up to 10% of the Fund's net assets. The Fund may also invest in bank deposits, Money Market Instruments, high yield debt and debt-related securities denominated in non-Euro currencies. The Fund may use financial instruments and derivatives for hedging purposes, for efficient portfolio management purposes and for investment purposes.
Benchmark
No Specified Index
Investment style
Active,High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

0.95 %

1 Year rank in sector

26/27

Sector

FO Fixed Int - EUR High Yield

Yield
-
Fund size

£ 188.7 m

FE Risk score

72

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    23.94%
  • Others
    19.29%
  • Italy
    17.18%
  • Eurozone
    9.16%
  • Portugal
    7.2%
  • Money Market
    23.94%
  • Consumer Discretionary
    17.06%
  • Government Bonds
    13.6%
  • Others
    10.96%
  • Industrials
    9.36%
  • Money Market
    23.94%
  • Global Fixed Interest
    19.29%
  • Italian Fixed Interest
    17.18%
  • Eurozone Fixed Interest
    9.16%
  • Portuguese Fixed Interest
    7.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.27 %0.35 %0.95 %6.35 %19.08 %
Sector0.87 %3.28 %5.84 %12.83 %36.97 %
Rank within sector27 / 2827 / 2826 / 2723 / 2521 / 22
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund0.71 %3.01 %1.43 %3.46 %4.15 %
Sector4.24 %7.95 %0.85 %3.16 %8.32 %
Rank within sector27 / 2826 / 2710 / 2713 / 2520 / 22
Quartile th4 th4 th2 nd3 rd4 th

Risk statistics

Alpha-0.86
Beta0.75
Sharpe-0
Volatility3.56
Tracking error1.93
Information ratio-0.94
R-Squared0.79

Price movement

52 week high206.177
52 week low202.376
Current bid price0
Current offer price0
Current mid price205.783

Holdings by region

  • 23.94% Money Market
  • 19.29% Others
  • 17.18% Italy
  • 9.16% Eurozone
  • 7.2% Portugal
  • 6.46% UK
  • 6.2% USA
  • 5.5% Netherlands
  • 5.08% Spain

Holdings by sector

  • 23.94% Money Market
  • 17.06% Consumer Discretionary
  • 13.6% Government Bonds
  • 10.96% Others
  • 9.36% Industrials
  • 9.16% Mutual Funds
  • 5.97% Financials
  • 5.37% Materials
  • 4.58% Utilities

Holdings by asset type

  • 23.94% Money Market
  • 19.29% Global Fixed Interest
  • 17.18% Italian Fixed Interest
  • 9.16% Eurozone Fixed Interest
  • 7.2% Portuguese Fixed Interest
  • 6.46% UK Fixed Interest
  • 6.2% US Fixed Interest
  • 5.5% Dutch Fixed Interest
  • 5.08% Spanish Fixed Interest

Individual holdings

  • 9.08% GENERALI TRESORERIE(GENTRSR FP)
  • 6.18% PORTUGUESE OT`S 4.35% BDS 16/10/17 EUR1000
  • 3.92% GOVERNMENT OF ITALY 0.0% 28-DEC-2018
  • 3.92% ITALY(REPUBLIC OF) 0% BDS 28/03/18 EUR1000
  • 2.08% SYNGENTA FINANCE NV FRN 02-OCT-2017
  • 2.04% TESCO CORPORATE TREASURY SVCS PLC 1.25% NTS 13/11/17 EUR100000
  • 1.94% UPC HOLDING BV 6.75% BDS 15/03/23 CHF1000REG S
  • 1.88% EDP FINANCE BV 5.75% NTS 21/09/17 EUR100000
  • 1.68% GAZ CAPITAL SA 5.44% 02-NOV-2017
  • 1.65% MATTERHORN TELECOM SA 3.875% BDS 01/05/22 EUR100000 144A