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

4.6 %

1 Year rank in sector

6/20

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
    32.9%
  • Indonesia
    13.4%
  • India
    9.2%
  • Hong Kong
    8.2%
  • Thailand
    5.9%
  • Financials
    24.5%
  • Oil & Gas
    23.2%
  • Real Estate
    9.9%
  • Industrials
    8.8%
  • Government Bonds
    7.1%
  • Chinese Fixed Interest
    32.9%
  • Indonesian Fixed Interest
    13.4%
  • GCC Fixed Interest
    9.6%
  • Indian Fixed Interest
    9.2%
  • Hong Kong Fixed Interest
    8.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.55 %2.49 %4.6 %11.7 %16.5 %
Sector-0 %1.38 %3.52 %8.07 %12.15 %
Rank within sector3 / 273 / 256 / 203 / 151 / 9
Quartile th1 st1 st2 nd1 st1 st

Calendar performance

YTD-20182017201620152014
Fund0.38 %4.52 %4.7 %1.54 %3.68 %
Sector0.01 %4 %4.96 %-0.48 %3.44 %
Rank within sector3 / 287 / 207 / 172 / 148 / 13
Quartile th1 st2 nd2 nd1 st3 rd

Risk statistics

Alpha0.98
Beta0.92
Sharpe0.03
Volatility2.69
Tracking error1.56
Information ratio0.48
R-Squared0.66

Price movement

52 week high130.01
52 week low124.26
Current bid price0
Current offer price0
Current mid price130.01

Holdings by region

  • 32.9% China
  • 13.4% Indonesia
  • 9.2% India
  • 8.2% Hong Kong
  • 5.9% Thailand
  • 5.6% Japan
  • 4.8% Australia
  • 4.5% Malaysia
  • 3.6% Bahrain
  • 3.1% United Arab Emirates

Holdings by sector

  • 24.5% Financials
  • 23.2% Oil & Gas
  • 9.9% Real Estate
  • 8.8% Industrials
  • 7.1% Government Bonds
  • 5.3% Government Agency Bonds
  • 4.9% Retail
  • 4.9% Utilities
  • 3% Leisure
  • 2.6% Money Market

Holdings by asset type

  • 32.9% Chinese Fixed Interest
  • 13.4% Indonesian Fixed Interest
  • 9.6% GCC Fixed Interest
  • 9.2% Indian Fixed Interest
  • 8.2% Hong Kong Fixed Interest
  • 5.9% Thai Fixed Interest
  • 5.6% Japanese Fixed Interest
  • 4.8% Australian Fixed Interest
  • 4.5% Malaysian Fixed Interest
  • 2.6% Money Market

Individual holdings

  • 4.2% CHINA EVERGRANDE GROUP-REG-S 8.25000% 17-23.03.22
  • 3.7% TEWOO GROUP FINANCE NO 4 LTD 3.7% SEN REG S 17/17.10.18
  • 3.4% SAKA ENERGI INDONESIA (PT) 4.45% SEN REG S 17/05.05.24
  • 3.4% SINOPEC GR OV DEV (2017) LTD 3.625% SEN REG S 17/12.04.27
  • 3.3% CDBL FUNDING 1 3% SEN REG S 17/24.04.23
  • 3.3% HINDUSTAN PETROLEUM 4% BDS 12/07/27 USD200000
  • 3.1% PERTAMINA (PERSERO) PT 4.3% EMTN REG S SEN 13/20.05.23
  • 3% SOFTBANK GROUP CORP 5.125% SEN REG S 17/19.09.27
  • 2.9% MACQUARIE BK LTD LONDON BRANCH VAR CONV 17/08.09.PERPETUAL
  • 2.7% HAITONG INTL SECURITIES GR LTD 0% CONV REG S 16/25.10.21