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

-1.88 %

1 Year rank in sector

22/39

Sector

FO Fixed Int - EUR Investment Grade

Yield
-
Fund size

£ 60.0 m

FE Risk score

75

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    98.3%
  • Money Market
    1.7%
  • Industrials
    27.17%
  • Financials
    25.37%
  • Mortgage & Secured Bonds
    15.08%
  • Government Agency Bonds
    14.52%
  • Fixed Interest
    4.99%
  • European Fixed Interest
    98.3%
  • Money Market
    1.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.4 %0.71 %-1.88 %1.7 %11.33 %
Sector0.53 %1.81 %-0.65 %6.54 %23.6 %
Rank within sector21 / 4332 / 4122 / 3936 / 3726 / 30
Quartile th2 nd4 th3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund0.41 %1.67 %-1.99 %7.26 %0.74 %
Sector1.21 %3.82 %-0.24 %8.87 %3.43 %
Rank within sector23 / 4137 / 3933 / 3728 / 3625 / 31
Quartile th3 rd4 th4 th4 th4 th

Risk statistics

Alpha-1.07
Beta0.76
Sharpe-0
Volatility2.69
Tracking error1.12
Information ratio-1.43
R-Squared0.92

Price movement

52 week high13.0631
52 week low12.6112
Current bid price0
Current offer price0
Current mid price12.7958

Holdings by region

  • 98.3% Europe
  • 1.7% Money Market

Holdings by sector

  • 27.17% Industrials
  • 25.37% Financials
  • 15.08% Mortgage & Secured Bonds
  • 14.52% Government Agency Bonds
  • 4.99% Fixed Interest
  • 4.87% Local Government Bonds
  • 2.79% Money Market
  • 2.21% Utilities
  • 1.88% Government Bonds
  • 0.92% Derivatives

Holdings by asset type

  • 98.3% European Fixed Interest
  • 1.7% Money Market

Individual holdings

-