Fact sheet: SKAGEN Tellus

Fund information

Fund name
SKAGEN Tellus A GBP
Fund company manager
SKAGEN
Fund type
SIB
Fund manager
Torgeir Hoien
since 01/04/2005
Fund objective
The fund’s objective is to provide unit holders with the best possible risk adjusted return, through an actively managed portfolio of global bonds. The fund invests mainly in government bonds and seeks to achieve a good return by investing in bonds and currencies that we believe are undervalued. Active management entails that the portfolio manager invests on the basis of his own market analyses. With considerable expertise in global macroeconomics, the portfolio manager strives to pick attractive government bonds in order to achieve the best possible risk adjusted return. Fund investments may be hedged into Euro (EUR), and the fund may use foreign exchange derivatives for this purpose. Expected risk and expected return of the fund’s underlying securities portfolio shall be reduced as a result of the use of such derivative investments.
Benchmark
J.P. Morgan GBI Broad Unhedged Index in EUR
Investment style
-
Investment method
-

Quick stats

1 Year return

6.11 %

1 Year rank in sector

37/305

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 88.0 m

FE Risk score

78

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Very short dated bonds
    53.7%
  • Medium dated bonds
    27.1%
  • Short dated bonds
    13.2%
  • Long dated bonds
    6%
  • Global Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.17 %3.46 %6.11 %6.82 %14.02 %
Sector0.08 %2.69 %2.11 %5.39 %10.94 %
Rank within sector176 / 339120 / 32737 / 305101 / 26367 / 188
Quartile th3 rd2 nd1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund2.84 %10.35 %-8.12 %6.64 %-1.71 %
Sector2.88 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector166 / 32324 / 291251 / 26672 / 231108 / 204
Quartile th3 rd1 st4 th2 nd3 rd

Risk statistics

Alpha-0.91
Beta1.81
Sharpe-0
Volatility10.17
Tracking error9.13
Information ratio0
R-Squared0.24

Price movement

52 week high12.2097
52 week low10.7731
Current bid price0
Current offer price0
Current mid price11.2855

Holdings by region

-

Holdings by sector

  • 53.7% Very short dated bonds
  • 27.1% Medium dated bonds
  • 13.2% Short dated bonds
  • 6% Long dated bonds

Holdings by asset type

  • 100% Global Fixed Interest

Individual holdings

  • 15.77% US GOVERNMENT
  • 9.97% NORWEGIAN GOVERNMENT
  • 7.28% PORTUGESE GOVERNMENT
  • 6.91% CROATIA GOVERNMENT INTERNATIONAL BOND
  • 6.29% CHILEAN GOVERNMENT
  • 6.2% SPANISH GOVERNMENT
  • 5.97% PERUVIAN GOVERNMENT
  • 5.89% NEW ZEALAND GOVERNMENT
  • 5.8% MEXICAN GOVERNMENT
  • 5.72% UK GOVERNMENT