Fact sheet: RAM (L)TakFd2AsBdTlRet

Fund information

Fund name
RAM (LUX) Tactical Funds II Asia Bond Total Return D USD
Fund company manager
RAM Active Investments SA
Fund type
SIB
Fund manager(s)
Richard Yang
since 30/11/2011
Fund objective
The RAM (LUX) TACTICAL FUNDS II - ASIA BOND TOTAL RETURN Fund is designed to capture returns from the credit and fixed income markets in the Asian regions. Returns are derived primarily from the yield of underlying investments as well as from capital gains resulting from the purchase of discounted bonds and credit spreads tightening. The Fund focuses primarily on corporate credit and invests in both rated and unrated securities. The Fund seeks to remain long credit. Under certain circumstances it may hedge out certain risks (such as credit, interest rate and currency) although always maintaining a net long bias.
Benchmark
J.P. Morgan Asian Credit Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

4.45 %

1 Year rank in sector

7/21

Sector

FO Fixed Int - USD

Yield
-
Fund size

£ 59.0 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    31.6%
  • Indonesia
    12.3%
  • India
    9.6%
  • Thailand
    5.7%
  • Hong Kong
    5.2%
  • Oil & Gas
    22.3%
  • Financials
    17.8%
  • Government Bonds
    10.2%
  • Real Estate
    10.2%
  • Government Agency Bonds
    8.4%
  • Chinese Fixed Interest
    31.6%
  • Indonesian Fixed Interest
    12.3%
  • Indian Fixed Interest
    9.6%
  • GCC Fixed Interest
    6.8%
  • Thai Fixed Interest
    5.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.05 %2.08 %4.45 %10.62 %17.31 %
Sector0.21 %1.24 %4.24 %8.56 %12.24 %
Rank within sector22 / 274 / 257 / 213 / 162 / 9
Quartile th4 th1 st2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund4.37 %4.7 %1.54 %3.68 %1.37 %
Sector3.91 %4.96 %-0.48 %3.44 %0.01 %
Rank within sector7 / 217 / 182 / 159 / 141 / 10
Quartile th2 nd2 nd1 st3 rd1 st

Risk statistics

Alpha1.07
Beta0.92
Sharpe-
Volatility2.73
Tracking error1.56
Information ratio0.55
R-Squared0.68

Price movement

52 week high129.54
52 week low123.29
Current bid price0
Current offer price0
Current mid price129.33

Holdings by region

  • 31.6% China
  • 12.3% Indonesia
  • 9.6% India
  • 5.7% Thailand
  • 5.2% Hong Kong
  • 5.2% Malaysia
  • 4.8% Australia
  • 4.6% Japan
  • 3.9% Korea
  • 3.5% Bahrain

Holdings by sector

  • 22.3% Oil & Gas
  • 17.8% Financials
  • 10.2% Government Bonds
  • 10.2% Real Estate
  • 8.4% Government Agency Bonds
  • 7.9% Industrials
  • 6.3% Consumer Goods
  • 6.2% Utilities
  • 3.7% Leisure
  • 3.6% Telecom, Media & Technology

Holdings by asset type

  • 31.6% Chinese Fixed Interest
  • 12.3% Indonesian Fixed Interest
  • 9.6% Indian Fixed Interest
  • 6.8% GCC Fixed Interest
  • 5.7% Thai Fixed Interest
  • 5.2% Hong Kong Fixed Interest
  • 5.2% Malaysian Fixed Interest
  • 4.8% Australian Fixed Interest
  • 4.6% Japanese Fixed Interest
  • 3.9% South Korean Fixed Interest

Individual holdings

  • 4.7% CHINA EVERGRANDE GROUP-REG-S 8.25000% 17-23.03.22
  • 4.3% HINDUSTAN PETROLEUM 4% BDS 12/07/27 USD200000
  • 3.5% SAKA ENERGI INDONESIA (PT) 4.45% SEN REG S 17/05.05.24
  • 3.3% CDBL FUNDING 1 3% SEN REG S 17/24.04.23
  • 3.3% TEWOO GROUP FINANCE NO 4 LTD 3.7% SEN REG S 17/17.10.18
  • 3.2% PERTAMINA (PERSERO) PT 4.3% EMTN REG S SEN 13/20.05.23
  • 3% SRI LANKA 6.2% SEN REG S 17/11.05.27
  • 2.9% EXPORT IMPORT BANK KOREA (THE) 3% SEN 17/01.11.22
  • 2.8% MACQUARIE BK LTD LONDON BRANCH VAR CONV 17/08.09.PERPETUAL
  • 2.6% SINOPEC GR OV DEV (2017) LTD 3.625% SEN REG S 17/12.04.27