Fact sheet: Henderson Horizon Tl Rtn Bd

Fund information

Fund name
Henderson Horizon Total Return Bond X2 EUR
Fund company manager
Henderson Management SA
Fund type
SIB
Fund manager(s)
Mitul Patel
since 01/03/2016
Stephen Thariyan
since 29/03/2012
Steve Drew
since 01/05/2016
Phillip Apel
since 29/03/2012
Colin Fleury
since 01/12/2013
Andrew Mulliner
since 01/05/2016
Fund objective
The investment objective of the Total Return Bond Fund is to target a positive total return, in excess of cash over a rolling three year period, through income and capital gains by investing in a broad range of global fixed income asset classes and associated derivative instruments. The Fund may make use of a variety of instruments / strategies in order to achieve the Fund’s objective including, but not limited to, floating rate notes, forward foreign exchange contracts (including non-deliverable forwards), interest rate futures, bond futures and OTC swaps (such as interest rate swaps, credit default swaps, credit default swaps on indices and total return swaps), and options. The Fund may invest up to 10% of its net assets in loans qualifying as money market instruments in accordance with the Section ‘Investment Restrictions’ of this Prospectus. The Fund may invest up to 30% of the Fund’s total net asset value in asset-backed securities (“ABS”) and mortgage-backed securities (“MBS”), including up to 10% of its net assets in non-investment grade ABS and/or MBS. ABS/MBS include, but are not limited to, residential mortgage-backed securities, commercial mortgage-backed securities, and collateralised loan obligations. The ABS and MBS may be leveraged. The Fund may invest up to 20% of its net assets in contingent convertible bonds. The Fund may invest up to 50% of its net assets in total return swaps. The total return swaps are unfunded. The underlyings to such total return swaps consist of a range of securities or indices that the Fund may invest in according to the Fund’s investment objective and policy, including but not limited to, government bonds, corporate bonds and secured debt. Total return swaps are used to achieve the investment objective of the Fund.
Benchmark
GIFS EUR Flexible Bond
Investment style
Total Return
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

1.11 %

1 Year rank in sector

170/308

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 813.6 m

FE Risk score

15

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    30.3%
  • USA
    19.4%
  • UK
    15.6%
  • Germany
    6.7%
  • Australia
    5.6%
  • Government Bonds
    21.6%
  • Asset/Mortgage-Backed Securities
    20%
  • Others
    14%
  • Financials
    12.5%
  • Communications
    6.7%
  • Global Fixed Interest
    30.3%
  • US Fixed Interest
    19.4%
  • UK Fixed Interest
    15.6%
  • German Fixed Interest
    6.7%
  • Australian Fixed Interest
    5.6%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.15 %0.74 %1.11 %3.21 %0 %
Sector0.11 %1.66 %1.73 %6.22 %9.18 %
Rank within sector190 / 345226 / 331170 / 308167 / 252 /
Quartile th3 rd3 rd3 rd3 rd th

Calendar performance

YTD-20172016201520142013
Fund2.23 %1.51 %0.07 %-0.81 %0 %
Sector3.47 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector202 / 317214 / 28582 / 256193 / 220 /
Quartile th3 rd4 th2 nd4 th th

Risk statistics

Alpha-0.85
Beta0.73
Sharpe-0
Volatility2.48
Tracking error1.71
Information ratio-0.82
R-Squared0.6

Price movement

52 week high101.82
52 week low98.73
Current bid price0
Current offer price0
Current mid price101.63

Holdings by region

  • 30.3% Others
  • 19.4% USA
  • 15.6% UK
  • 6.7% Germany
  • 5.6% Australia
  • 5.3% China
  • 4.9% Europe
  • 3.6% Italy
  • 3.6% Netherlands
  • 2.9% Spain

Holdings by sector

  • 21.6% Government Bonds
  • 20% Asset/Mortgage-Backed Securities
  • 14% Others
  • 12.5% Financials
  • 6.7% Communications
  • 5.5% Non-Cyclical Consumer Goods
  • 4.7% Energy
  • 4.2% Cyclical Consumer Goods
  • 4.2% Industrials
  • 3.9% Debt

Holdings by asset type

  • 30.3% Global Fixed Interest
  • 19.4% US Fixed Interest
  • 15.6% UK Fixed Interest
  • 6.7% German Fixed Interest
  • 5.6% Australian Fixed Interest
  • 5.3% Chinese Fixed Interest
  • 4.9% European Fixed Interest
  • 3.6% Dutch Fixed Interest
  • 3.6% Italian Fixed Interest
  • 2.9% Spanish Fixed Interest

Individual holdings

-