Fact sheet: NxGnrGlbBndUI

Fund information

Fund name
Next Generation Global Bond UI Q Hedged Dis GBP
Fund company manager
Universal Investment Luxembour
Fund type
SIB
Fund manager(s)
Fund objective
The sub-fund is designed to provide investors with a relatively high yield whilst achieving a superior risk/reward profile.To achieve this objective the sub-fund will comprise the most attractively undervalued global bonds, as identified by the Portfolio manager. The portfolio manager has developed a proprietary investment process/ scoring system based on a country's Net Foreign Asset position in order to assess each debtor's ability to pay their debts. The portfolio will not track an index but weightings will vary according to which sectors, regions and issues are undervalued at a given time. Positioning will also vary according to perceived economic environments, allocating more into safer credits during difficult economic periods in order to protect capital. As Holdings return to or surpass fair value the portfolio manager will attempt to sustain the upwards bias on capital appreciation by opportunistically adjusting the portfolio into undervalued credits where they identify mispricing due to market sentiment rather than fundamental or structural reasons.
Benchmark
-
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

-

1 Year rank in sector

-

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size
-
FE Risk score
-
NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Others
    20.99%
  • USA
    18.4%
  • Qatar
    11.55%
  • Cayman Islands
    11.39%
  • United Arab Emirates
    8.3%
  • Corporate Bonds
    46.8%
  • Government Bonds
    27.99%
  • Financials
    15.55%
  • Fixed Interest
    8.42%
  • Fixed Interest Deposit
    1.45%
  • Global Fixed Interest
    22.44%
  • GCC Fixed Interest
    19.85%
  • US Fixed Interest
    18.4%
  • American Emerging Fixed Interest
    17.98%
  • Mexican Fixed Interest
    7.73%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.22 %2.07 %0 %0 %0 %
Sector0.74 %2.83 %5.68 %13.68 %24.22 %
Rank within sector94 / 9571 / 90 / / /
Quartile th4 th4 th th th th

Calendar performance

YTD-20172016201520142013
Fund5.45 %0 %0 %0 %0 %
Sector5.1 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector48 / 83 / / / /
Quartile th3 rd th th th th

Price movement

52 week high105.61
52 week low99.66
Current bid price0
Current offer price0
Current mid price104.43

Holdings by region

  • 20.99% Others
  • 18.4% USA
  • 11.55% Qatar
  • 11.39% Cayman Islands
  • 8.3% United Arab Emirates
  • 7.73% Mexico
  • 6.59% British Virgin Islands
  • 6.07% Ireland
  • 4.01% Marshall Islands
  • 3.73% Chile

Holdings by sector

  • 46.8% Corporate Bonds
  • 27.99% Government Bonds
  • 15.55% Financials
  • 8.42% Fixed Interest
  • 1.45% Fixed Interest Deposit
  • -0.08% Foreign Exchange
  • -0.13% Money Market

Holdings by asset type

  • 22.44% Global Fixed Interest
  • 19.85% GCC Fixed Interest
  • 18.4% US Fixed Interest
  • 17.98% American Emerging Fixed Interest
  • 7.73% Mexican Fixed Interest
  • 6.07% Irish Fixed Interest
  • 4.01% Asia Pacific Emerging Fixed Interest
  • 3.73% Chilean Fixed Interest
  • -0.08% Foreign Exchange
  • -0.13% Money Market

Individual holdings

  • 5.98% UNITED STATES OF AMER TREAS NOTES 2.25% BDS 15/02/27 USD1000
  • 5.15% IPIC GMTN LTD 6.875% NTS 01/11/41 USD200000 REG S
  • 4.52% RZD CAPITAL PLC 7.487% NTS 25/03/31 GBP1000 REG S
  • 4.19% SAUDI ELECTRICITY CO 5.06% BDS 08/04/43 USD1000
  • 3.98% PEMEX PROJECT FUNDING MASTER TRUST 6.625% BDS 15/06/35 USD1000
  • 3.75% PETROLEOS MEXICANOS 5.5% NTS 27/06/44 USD1000
  • 3.67% QATAR(STATE OF) 6.4% SNR NTS 20/01/40 USD1000`REG S`
  • 3.51% NAKILAT INC 6.067% BDS 31/12/33 USD1000 `REGS`
  • 3.23% RAS LAFFEN LIQUEFIED NAT GAS 6.332% BDS 30/09/27 USD1000 `REGS`
  • 3.18% DP WORLD LTD 6.85% NTS 02/07/37 USD100000 `144A`