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 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
JP Morgan Asia Credit Index
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

1.51 %

1 Year rank in sector

8/18

Sector

FO Fixed Int - USD

Yield
-
Fund size

£ 70.0 m

FE Risk score

83

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • China
    29.3%
  • Indonesia
    17.4%
  • Hong Kong
    15.1%
  • India
    8.2%
  • Australia
    7.5%
  • Financials
    26.1%
  • Oil & Gas
    16%
  • Real Estate
    11.5%
  • Utilities
    8.3%
  • Industrials
    7.7%
  • Chinese Fixed Interest
    29.3%
  • Indonesian Fixed Interest
    17.4%
  • Hong Kong Fixed Interest
    15.1%
  • Indian Fixed Interest
    8.2%
  • Australian Fixed Interest
    7.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.03 %2.19 %1.52 %10.35 %21.92 %
Sector0.16 %2.63 %2.44 %7.04 %13.52 %
Rank within sector13 / 2015 / 188 / 184 / 142 / 10
Quartile th3 rd4 th2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund2.47 %4.7 %1.54 %3.68 %1.37 %
Sector3 %4.96 %-0.48 %3.44 %0.01 %
Rank within sector13 / 188 / 164 / 1410 / 142 / 12
Quartile th3 rd2 nd2 nd3 rd1 st

Risk statistics

Alpha1.41
Beta0.88
Sharpe-
Volatility2.75
Tracking error1.66
Information ratio0.69
R-Squared0.65

Price movement

52 week high127.04
52 week low123.28
Current bid price0
Current offer price0
Current mid price126.98

Holdings by region

  • 29.3% China
  • 17.4% Indonesia
  • 15.1% Hong Kong
  • 8.2% India
  • 7.5% Australia
  • 4.5% Money Market
  • 3.8% Thailand
  • 3% Malaysia
  • 2.6% Qatar
  • 2.3% Philippines

Holdings by sector

  • 26.1% Financials
  • 16% Oil & Gas
  • 11.5% Real Estate
  • 8.3% Utilities
  • 7.7% Industrials
  • 6.5% Mineral Extraction
  • 5.6% Government Bonds
  • 4.5% Money Market
  • 4.1% Telecom, Media & Technology
  • 2.9% Consumer Goods

Holdings by asset type

  • 29.3% Chinese Fixed Interest
  • 17.4% Indonesian Fixed Interest
  • 15.1% Hong Kong Fixed Interest
  • 8.2% Indian Fixed Interest
  • 7.5% Australian Fixed Interest
  • 5.6% GCC Fixed Interest
  • 4.5% Money Market
  • 3.8% Thai Fixed Interest
  • 3% Malaysian Fixed Interest
  • 2.3% Philippine Fixed Interest

Individual holdings

  • 4.7% RH INTERNATIONAL FIN LTD 6.5% SEN 17/13.04.PERPERTUAL
  • 4.4% MACQUARIE BK LTD LONDON BRANCH VAR CONV 17/08.09.PERPETUAL
  • 4.3% SAKA ENERGI INDONESIA (PT) 4.45% SEN REG S 17/05.05.24
  • 3.7% ADANI TRANSMISSION LTD 4% BDS 03/08/26 USD200000 `144A`
  • 3.4% CHINA EVERGRANDE GROUP 8.75% REG S SEN 13/30.10.18
  • 3.4% PERTAMINA PT 4.875% BDS 03/05/22 USD1000 144A
  • 3.3% OIL INDIA INTL PTE LTD 4% SEN 17/21.04.27
  • 3.2% CHINA SPOGRI INTL FIN CO LTD 3.5% SEN REG S 17/08.05.27
  • 2.9% CHINALCO CAPITAL HOLDINGS LTD 4.25% SEN REG S 17/21.04.22
  • 2.9% HAITONG INTL SECURITIES GR LTD 0% CONV REG S 16/25.10.21