Fact sheet: LO CAT Bonds

Fund information

Fund name
LO CAT Bonds (USD) PD
Fund company manager
Lombard Odier
Fund type
SIB
Fund manager
G. Gawron
since 16/02/2016
Fund objective
LO Funds - CAT Bonds is an actively managed UCITS fund that invests in a diversified portfolio of catastrophe bonds (“CAT Bonds”). CAT Bonds are financial securities that transfer insurance risk to the capital markets. The investor in such securities receives a coupon made up of a floating money market component and an insurance premium. The premium compensates the investor for bearing the risk of a partial or total capital loss resulting from the occurrence of extraordinary predefined events such as an earthquake or a hurricane. Risk management is performed by fund managers at the portfolio level, alongside independent teams who monitor and manage investment as well as operational risk. The fund’s long-only strategy has been in place since February 2016. Financial derivative instruments are used for hedging purposes only. The fund does not invest in instruments linked to life settlements.
Benchmark
-
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

-4.71 %

1 Year rank in sector

75/77

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 116.3 m

FE Risk score

111

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-6.57 %-5.54 %-4.71 %0 %0 %
Sector0.56 %3.03 %6.93 %11.05 %24.77 %
Rank within sector91 / 9284 / 8875 / 77 / /
Quartile th4 th4 th4 th th th

Calendar performance

YTD-20172016201520142013
Fund-5.11 %0 %0 %0 %0 %
Sector4.63 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector77 / 82 / / / /
Quartile th4 th th th th th

Price movement

52 week high10.4064
52 week low9.7069
Current bid price0
Current offer price0
Current mid price9.7069

Holdings by region

-

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 2.56% MORTALITY MULTI-REGION
  • 2.55% WIND NV
  • 2.34% MULTI STRUCTURE PERIPLUS
  • 2.15% EARTHQUAKE MULTI-REGION US
  • 2.15% TYPHOON JP