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
OEIC
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

0.36 %

1 Year rank in sector

94/107

Sector

UT Specialist

Yield

1.79

Fund size

£ 322.3 m

FE Risk score

13

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    31.2%
  • Australia
    23.5%
  • UK
    18.9%
  • Hungary
    5.7%
  • Money Market
    3.7%
  • Government Bonds
    46.9%
  • High Yield Bond
    18.4%
  • Debt
    18.2%
  • Index Linked
    10.7%
  • Money Market
    4.3%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.04 %1.06 %0.36 %-0.15 %0.56 %
Sector-0.09 %0.9 %8.16 %19.49 %31.79 %
Rank within sector55 / 11260 / 10794 / 10794 / 10272 / 86
Quartile th2 nd3 rd4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund0.77 %0.37 %-1.97 %1.21 %-0.51 %
Sector5.22 %22.72 %-4.47 %1.15 %4.5 %
Rank within sector89 / 10798 / 10657 / 10263 / 9861 / 88
Quartile th4 th4 th3 rd3 rd3 rd

Risk statistics

Alpha-0.15
Beta0.04
Sharpe-0
Volatility1.59
Tracking error9.48
Information ratio-0.72
R-Squared0.07

Price movement

52 week high109.57
52 week low107.04
Current bid price0
Current offer price0
Current mid price108.95

Holdings by region

  • 31.2% USA
  • 23.5% Australia
  • 18.9% UK
  • 5.7% Hungary
  • 3.7% Money Market
  • 3.6% Romania
  • 3.5% Israel
  • 2.3% South Africa
  • 1.8% Mexico
  • 1.3% Germany

Holdings by sector

  • 46.9% Government Bonds
  • 18.4% High Yield Bond
  • 18.2% Debt
  • 10.7% Index Linked
  • 4.3% Money Market
  • 1.9% Investment Grade Corporate Bonds
  • 0.1% Others
  • -0.5% Foreign Exchange

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 23.5% AUSTRALIA(COMMONWEALTH OF) 2.75% TB 21/10/19 AUD100 (CDI)
  • 16% UNITED KINGDOM GILT 0.5 JUL 22 22
  • 10.7% UNITED STATES TREASURY INFLATION 0.125 APR 15 22
  • 6.8% GS EUR CPTFEM 23 AUG 22 1.236 FIX
  • 6.7% GS EUR CPTFEM 10 AUG 22 1.3 FIX
  • 6.7% GS EUR CPTFEM 11 AUG 22 1.28 FIX
  • 3.8% UNITED STATES TREASURY NOTE 3 FEB 15 47
  • 3.7% UNITED STATES TREASURY NOTE 2.375 MAY 15 27
  • 3.6% ROMANIA(REPUBLIC OF) 3.5% BDS 19/12/22 RON5000
  • 3.2% HUNGARY 7% BDS 24/06/22 HUF10000