Fact sheet: LO EurRespCorpFndmtl

Fund information

Fund name
LO Euro Responsible Corporate Fundamental R A
Fund company manager
Lombard Odier
Fund type
SIB
Fund manager(s)
Ashton Parker
since 31/10/2016
Yannik Zufferey
since 31/10/2016
Leslie Sita
since 31/10/2016
Fund objective
LO Funds - Euro Responsible Corporate Fundamental is a long-only corporate bond strategy launched in July 2011. It invests mainly in investment grade corporate bonds issued in euro, applying an Environment, Social and Governance (ESG) filter. It seeks to deliver better risk-adjusted returns than traditional investment grade indices. The investment approach is two-fold: a beta allocation based on LOIM’s fundamentally weighted methodology, which differs from a traditional market-cap approach by allocating to sectors and companies based on fundamental criteria; and a credit overlay component aiming to identify and exploit inefficiencies at issuer and issue levels while preserving the fundamental top-down allocation. Risk management is performed by fund managers at a portfolio level, alongside independent teams who manage investment risks and monitor operational risks.
Benchmark
Barclays Euro Aggregate Corporate 500MM (EUR) RI
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

1.32 %

1 Year rank in sector

64/65

Sector

FO Fixed Int - EUR Corporate Bond

Yield
-
Fund size

£ 80.1 m

FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    96.6%
  • Money Market
    3.4%
  • Industrials
    72.32%
  • Financials
    22.4%
  • Utilities
    3.09%
  • Money Market
    1.94%
  • Government Agency Bonds
    0.26%
  • European Fixed Interest
    96.6%
  • Money Market
    3.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.28 %0.32 %1.1 %1.56 %8.22 %
Sector0.24 %1.59 %3.92 %7.43 %17.56 %
Rank within sector65 / 6865 / 6764 / 6561 / 6252 / 52
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Calendar performance

YTD-20172016201520142013
Fund0.73 %3.26 %-2.66 %6.44 %0.17 %
Sector3.29 %4.74 %-1.02 %6.9 %2.24 %
Rank within sector65 / 6555 / 6457 / 6248 / 5850 / 52
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Risk statistics

Alpha-1.69
Beta1.01
Sharpe-0
Volatility3.17
Tracking error0.63
Information ratio-2.61
R-Squared0.96

Price movement

52 week high18.1586
52 week low17.7385
Current bid price0
Current offer price0
Current mid price18.0198

Holdings by region

  • 96.6% Europe
  • 3.4% Money Market

Holdings by sector

  • 72.32% Industrials
  • 22.4% Financials
  • 3.09% Utilities
  • 1.94% Money Market
  • 0.26% Government Agency Bonds

Holdings by asset type

  • 96.6% European Fixed Interest
  • 3.4% Money Market

Individual holdings

-