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
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

1.54 %

1 Year rank in sector

6/17

Sector

FO Fixed Int - USD

Yield
-
Fund size

£ 57.0 m

FE Risk score

85

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    26.18%
  • Indonesia
    15.88%
  • Hong Kong
    14.01%
  • India
    10%
  • Japan
    5.79%
  • Financials
    27.9%
  • Oil & Gas
    21.7%
  • Real Estate
    15.5%
  • Industrials
    11.3%
  • Utilities
    8%
  • Chinese Fixed Interest
    26.18%
  • Indonesian Fixed Interest
    15.88%
  • Hong Kong Fixed Interest
    14.01%
  • Indian Fixed Interest
    10%
  • Japanese Fixed Interest
    5.79%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.72 %2.07 %1.54 %11.1 %19.2 %
Sector0.19 %2.39 %2.57 %8.04 %12.88 %
Rank within sector3 / 2013 / 186 / 173 / 122 / 8
Quartile th1 st3 rd2 nd1 st1 st

Calendar performance

YTD-20172016201520142013
Fund3.7 %4.7 %1.54 %3.68 %1.37 %
Sector3.66 %4.96 %-0.48 %3.44 %0.01 %
Rank within sector7 / 176 / 143 / 138 / 122 / 10
Quartile th2 nd2 nd1 st3 rd1 st

Risk statistics

Alpha1.16
Beta0.9
Sharpe-
Volatility2.75
Tracking error1.57
Information ratio0.58
R-Squared0.68

Price movement

52 week high128.53
52 week low123.28
Current bid price0
Current offer price0
Current mid price128.5

Holdings by region

  • 26.18% China
  • 15.88% Indonesia
  • 14.01% Hong Kong
  • 10% India
  • 5.79% Japan
  • 5.23% Australia
  • 4.76% Thailand
  • 3.83% Malaysia
  • 3.27% Korea
  • 3.08% Singapore

Holdings by sector

  • 27.9% Financials
  • 21.7% Oil & Gas
  • 15.5% Real Estate
  • 11.3% Industrials
  • 8% Utilities
  • 5.9% Transport
  • 3.6% Consumer Goods
  • 1.9% Money Market
  • 1.8% Pharmaceuticals
  • 1.4% Government Bonds

Holdings by asset type

  • 26.18% Chinese Fixed Interest
  • 15.88% Indonesian Fixed Interest
  • 14.01% Hong Kong Fixed Interest
  • 10% Indian Fixed Interest
  • 5.79% Japanese Fixed Interest
  • 5.23% Australian Fixed Interest
  • 4.76% Thai Fixed Interest
  • 3.83% Malaysian Fixed Interest
  • 3.27% South Korean Fixed Interest
  • 3.08% Singapore Fixed Interest

Individual holdings

  • 5.1% CHINA EVERGRANDE GROUP 6.25% MTN 28/06/21 USD1000
  • 4.3% PERTAMINA PT 4.875% BDS 03/05/22 USD1000 144A
  • 4.3% RH INTERNATIONAL FIN LTD 6.5% SEN 17/13.04.PERPERTUAL
  • 3.5% INCITEC PIVOT FINANCE LLC 3.95% EMTN SEN REG S 17/03.08.27
  • 3.5% JD.COM INC 3.125% SEN 16/29.04.21
  • 3.2% PERTAMINA (PERSERO) PT 4.3% EMTN REG S SEN 13/20.05.23
  • 3.2% SOFTBANK GROUP CORP VAR SUB 17/19.01.PERPETUAL
  • 2.9% MITSUI FUDOSAN 3.65% BDS 20/07/27 USD200000
  • 2.8% ICTSI TREASURY BV 4.625% EMTN SER 01 SEN REG S 13/16.01.23
  • 2.8% SINOPEC GR OV DEV (2013) LTD 4.375% SEN REG S 13/17.10.23