Fact sheet: LO EurInflLkdFndmntl

Fund information

Fund name
LO Euro Inflation-Linked Fundamental R Acc
Fund company manager
Lombard Odier
Fund type
SIB
Fund manager(s)
Nic Hoogewijs
since 31/10/2016
Jerome Collet
since 31/12/2014
Yannik Zufferey
since 31/10/2016
Fund objective
LO Funds - Euro Inflation-Linked Fundamental is a systematic rule-based UCITS portfolio. Its long-only euro fixed income strategy has been in place since May 2005. When available, it invests mainly in government inflation-linked bonds denominated in euros and issued by European Monetary Union countries. Alternatively, nominal bonds will be used. It seeks to replicate the LOIM Euro Inflation Linked Index and achieve higher risk-adjusted returns compared with traditional fixed income market-cap indices. It follows a proprietary fundamentally weighted approach that aims to gauge potential default risks by questioning the revenue to debt ratio of each issuer through a spectrum of fundamental factors. To achieve this, an economic allocation which includes macroeconomic, credit, social and demographic factors at the country level is applied. In addition, adjustments to take the liquidity of each bond into account and to assess the issuer’s risk/reward profile in terms of yield are incorporated. Risk management is performed by fund managers at a portfolio level, alongside independent teams who manage investment risks and monitor operational risks.
Benchmark
Bloomberg Barclays Euro Government Inflation Linked Bond Index
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

0.69 %

1 Year rank in sector

10/11

Sector

FO Fixed Int - EUR Index Linked

Yield
-
Fund size

£ 13.9 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    18.52%
  • Netherlands
    14.39%
  • Italy
    12.88%
  • France
    11.49%
  • Spain
    9.59%
  • AA
    37.12%
  • AAA
    32.91%
  • BBB
    22.47%
  • A
    7.39%
  • Money Market
    0.11%
  • German Fixed Interest
    18.5%
  • Dutch Fixed Interest
    14.5%
  • Italian Fixed Interest
    12.6%
  • French Fixed Interest
    11.3%
  • Austrian Fixed Interest
    9.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.63 %1.23 %0.36 %2.05 %2.78 %
Sector0.96 %2.46 %2.69 %6.37 %7.72 %
Rank within sector9 / 119 / 1110 / 1110 / 117 / 9
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Calendar performance

YTD-20172016201520142013
Fund-0.37 %2.42 %-0.43 %4.49 %-3.87 %
Sector1.71 %3.47 %0.41 %5.09 %-3.2 %
Rank within sector9 / 119 / 1111 / 117 / 94 / 9
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Risk statistics

Alpha-1.02
Beta0.83
Sharpe-0
Volatility3.55
Tracking error1.18
Information ratio-1.06
R-Squared0.93

Price movement

52 week high11.9914
52 week low11.5614
Current bid price0
Current offer price0
Current mid price11.8992

Holdings by region

  • 18.52% Germany
  • 14.39% Netherlands
  • 12.88% Italy
  • 11.49% France
  • 9.59% Spain
  • 9.19% Austria
  • 8.94% Belgium
  • 7.5% Finland
  • 7.39% Ireland
  • 0.11% Money Market

Holdings by sector

  • 37.12% AA
  • 32.91% AAA
  • 22.47% BBB
  • 7.39% A
  • 0.11% Money Market

Holdings by asset type

  • 18.5% German Fixed Interest
  • 14.5% Dutch Fixed Interest
  • 12.6% Italian Fixed Interest
  • 11.3% French Fixed Interest
  • 9.3% Austrian Fixed Interest
  • 9.2% Belgian Fixed Interest
  • 9.2% Spanish Fixed Interest
  • 7.8% Finnish Fixed Interest
  • 7.5% Irish Fixed Interest
  • 0.1% Money Market

Individual holdings

-