Fact sheet: Investec Target Rtn Bd

Fund information

Fund name
Investec Target Return Bond I Acc GBP
Fund company manager
Investec Fund Managers (UK)
Fund type
OIC
Fund manager
Russell Silberston
since 01/02/2016
Fund objective
The Fund aims to produce a positive return above overnight GBP LIBOR over rolling 3 year periods regardless of market conditions by investing primarily in interest bearing assets and related derivatives. While the Fund aims to achieve a positive return there is no guarantee it will be achieved over rolling three year periods or over any period of time. There is no guarantee that all capital invested in the Fund will be returned.
Benchmark
Libor GBP Overnight Rate
Investment style
Absolute Return
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

0.05 %

1 Year rank in sector

108/110

Sector

UT Specialist

Yield

1.35

Fund size

£ 293.2 m

FE Risk score

12

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    30.4%
  • USA
    27%
  • Poland
    25.5%
  • Norway
    8.3%
  • Money Market
    4%
  • Government Bonds
    37.2%
  • Debt
    27.2%
  • High Yield Bond
    17.7%
  • Index Linked
    12.2%
  • Money Market
    2.8%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.31 %-0.52 %0.05 %-1.07 %0.02 %
Sector0.74 %7.32 %20.37 %21.39 %39.84 %
Rank within sector84 / 112101 / 110108 / 11093 / 10372 / 86
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Calendar performance

YTD-20172016201520142013
Fund-0.77 %0.37 %-1.97 %1.21 %-0.51 %
Sector4.17 %22.72 %-4.47 %1.15 %4.5 %
Rank within sector97 / 110101 / 10959 / 10565 / 10164 / 91
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Risk statistics

Alpha-0.57
Beta0.05
Sharpe-0
Volatility1.45
Tracking error9.44
Information ratio-0.81
R-Squared0.09

Price movement

52 week high109.19
52 week low107.04
Current bid price0
Current offer price0
Current mid price107.29

Holdings by region

  • 30.4% UK
  • 27% USA
  • 25.5% Poland
  • 8.3% Norway
  • 4% Money Market
  • 2% Turkey
  • 1.3% Germany
  • 1.1% Italy
  • 0.4% Ireland
  • 0.3% France

Holdings by sector

  • 37.2% Government Bonds
  • 27.2% Debt
  • 17.7% High Yield Bond
  • 12.2% Index Linked
  • 2.8% Money Market
  • 1.7% Investment Grade Corporate Bonds
  • 1.2% Foreign Exchange

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 26.9% TREASURY 1.5% GILT 22/01/2021 GBP0.01
  • 25.2% POLAND(STATE TREASURY OF) 0% BDS 25/10/18 PLN1000
  • 12.2% UNITED STATES TREASURY INFLATION 0.125 APR 15 22
  • 8% NORWAY(KINGDOM OF) 1.75% BDS 17/02/27 NOK1000
  • 2.4% UNITED STATES OF AMER TREAS BILLS 3% BDS 15/02/47 USD100
  • 2% TURKEY(REPUBLIC OF) 10.6% BDS 11/02/26 TRY1000
  • 0.4% HCA INC 4.25% BDS 15/10/19 USD2000
  • 0.4% MECCANICA HOLDINGS USA INC 6.25% BDS 15/07/19 USD1000`REG S`
  • 0.4% VUE INTERNATIONAL BIDCO PLC 7.875% BDS 15/07/20 GBP1000