Fact sheet: Manulife Strategic Income

Fund information

Fund name
Manulife Strategic Income AA
Fund company manager
Manulife Global Fund
Fund type
SIB
Fund manager
Manulife Asset Management (US) LLC
since 30/11/2005
Fund objective
The sub-fund seeks a high level of current income. In pursuing this goal, the subfund invests primarily in the following types of securities: (i) foreign government and corporate debt securities from developed and emerging markets; (ii) U.S. government and agency securities; and (iii) U.S. high yield bonds. The sub-fund may also invest in preferred stock and other types of debt securities. Although the sub-fund may invest up to 10% of its total assets in securities rated in default by Standard & Poor's or Moody's rating agencies (the expression “in default” in this context refers to securities that have missed one or more scheduled payments of interest or principal or have a rating of “D” by the rating agencies), it generally intends to keep its average credit quality in the investment grade range (AAA to BBB). There is no limit on the sub-fund's average maturity. In accordance with its investment restrictions, the sub-fund may use certain higher-risk investments, including financial derivative instruments, for investment purposes.
Benchmark
Barclays Capital US Aggregate Bond Index (SGD Hedged)
Investment style
-
Investment method
None

Quick stats

1 Year return

1.42 %

1 Year rank in sector

172/305

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 41.7 m

FE Risk score

84

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    64.81%
  • Canada
    5.23%
  • Others
    4.92%
  • Mexico
    4.9%
  • International
    4.64%
  • Fixed Interest
    50.61%
  • Others
    21.08%
  • Government Guaranteed
    12.51%
  • Mortgage & Secured Bonds
    11.53%
  • Money Market
    4.27%
  • Global Fixed Interest
    95.73%
  • Money Market
    4.27%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.41 %2.81 %1.24 %4.15 %10.88 %
Sector0.15 %2.69 %2.21 %5.44 %11.02 %
Rank within sector120 / 338157 / 327172 / 305143 / 26288 / 187
Quartile th2 nd2 nd3 rd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund2.86 %2.77 %-0.47 %2.34 %0.04 %
Sector2.93 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector168 / 323168 / 291113 / 266143 / 23170 / 204
Quartile th3 rd3 rd2 nd3 rd2 nd

Risk statistics

Alpha-0.13
Beta0.81
Sharpe-0
Volatility2.36
Tracking error0.97
Information ratio-0.46
R-Squared0.88

Price movement

52 week high1.087
52 week low1.0284
Current bid price0
Current offer price0
Current mid price1.064

Holdings by region

  • 64.81% USA
  • 5.23% Canada
  • 4.92% Others
  • 4.9% Mexico
  • 4.64% International
  • 4.27% Money Market
  • 2.92% Australia
  • 2.49% New Zealand
  • 2.32% Indonesia
  • 1.84% Singapore

Holdings by sector

  • 50.61% Fixed Interest
  • 21.08% Others
  • 12.51% Government Guaranteed
  • 11.53% Mortgage & Secured Bonds
  • 4.27% Money Market

Holdings by asset type

  • 95.73% Global Fixed Interest
  • 4.27% Money Market

Individual holdings

  • 1.08% PHILIPPINES(REPUBLIC OF) 6.25% BDS 14/01/36 PHP10000000
  • 1.01% NORWAY(KINGDOM OF) 4.5% BDS 22/05/19 NOK1000
  • 0.98% ZEBRA TECHNOLOGIES 7.25% BDS 15/10/22 USD1000REG S
  • 0.95% AMERICAN INTERNATIONAL GROUP INC 8.175% BDS 15/05/58 USN(VAR) `REGS`
  • 0.95% SINGAPORE(GOVT OF) 3.25% BDS 01/09/20 SGD1000
  • 0.92% CANADA(GOVT OF) 1.75% NTS 01/09/19 CAD1000
  • 0.91% NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD1000
  • 0.82% FIFTH THIRD BANCORP VAR 12/29/2049
  • 0.79% CONSTELLATION BRANDS INC 4.25% BDS 01/05/23 USD1000
  • 0.79% ONTARIO(PROVINCE OF) 1.9% BDS 08/09/17 CAD1000