Fact sheet: LO Euro Cr Bd

Fund information

Fund name
LO Euro Credit Bond R A
Fund company manager
Lombard Odier
Fund type
SIB
Fund manager
Ashton Parker
since 31/10/2016
Fund objective
It invests mainly in investment grade corporate bonds issued in Euro. 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 methodology, which differs from a traditional market-cap approach by allocating to sectors and companies based on fundamental criteria; and a discretionary component reflecting the lead portfolio manager’s top-down views and investment rationale supported by bottom-up analysis from credit specialists within each sector
Benchmark
Barclays Euro Aggregate 500MM Ex-Treasury
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

-1.81 %

1 Year rank in sector

22/39

Sector

FO Fixed Int - EUR Investment Grade

Yield
-
Fund size

£ 59.3 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    96.5%
  • Money Market
    3.5%
  • Industrials
    27.15%
  • Financials
    24.77%
  • Government Agency Bonds
    14.61%
  • Mortgage & Secured Bonds
    13.89%
  • Fixed Interest
    5.09%
  • European Fixed Interest
    96.5%
  • Money Market
    3.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.11 %1 %-1.81 %1.11 %10.73 %
Sector-0.32 %1.51 %-0.97 %6.01 %21.68 %
Rank within sector19 / 4232 / 4122 / 3935 / 3626 / 30
Quartile th2 nd4 th3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund0.3 %1.67 %-1.99 %7.26 %0.74 %
Sector0.88 %3.82 %-0.24 %8.87 %3.43 %
Rank within sector21 / 4036 / 3832 / 3628 / 3524 / 30
Quartile th3 rd4 th4 th4 th4 th

Risk statistics

Alpha-1.04
Beta0.76
Sharpe-0
Volatility2.63
Tracking error1.1
Information ratio-1.36
R-Squared0.91

Price movement

52 week high13.0339
52 week low12.6112
Current bid price0
Current offer price0
Current mid price12.7813

Holdings by region

  • 96.5% Europe
  • 3.5% Money Market

Holdings by sector

  • 27.15% Industrials
  • 24.77% Financials
  • 14.61% Government Agency Bonds
  • 13.89% Mortgage & Secured Bonds
  • 5.09% Fixed Interest
  • 4.91% Local Government Bonds
  • 3.52% Money Market
  • 2.4% Utilities
  • 1.9% Government Bonds
  • 1.56% Derivatives

Holdings by asset type

  • 96.5% European Fixed Interest
  • 3.5% Money Market

Individual holdings

-