Fact sheet: Threadneedle (L)Eu Strg Bd

Fund information

Fund name
Threadneedle (Lux) European Strategic Bond AE EUR
Fund company manager
Threadneedle (Lux)
Fund type
SIB
Fund manager
Ryan Staszewski
since 17/10/2016
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. At least two-thirds of the Fund’s assets will be in long and short positions in European bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies and governments in, or companies that have significant operations in Europe. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will actively manage currency exposure and interest rate risk - which may boost performance or reduce it. The Fund will invest mainly in bonds that mature in less than 10 years. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
BofA Merrill Lynch EMU Investment Grade Large Cap (3-5 Y)
Investment style
Strategic Investment
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

0.75 %

1 Year rank in sector

9/24

Sector

FO Fixed Int - EUR

Yield
-
Fund size

£ 73.2 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    18.1%
  • UK
    16.8%
  • Others
    13.9%
  • Italy
    9.9%
  • Germany
    8%
  • Government Bonds
    22.8%
  • Money Market
    14.9%
  • Utilities
    10.4%
  • Telecommunications
    9.3%
  • Real Estate
    8.9%
  • Money Market
    18.1%
  • UK Fixed Interest
    16.8%
  • Global Fixed Interest
    13.9%
  • Italian Fixed Interest
    9.9%
  • German Fixed Interest
    8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.21 %1.11 %0.75 %3.14 %12.64 %
Sector-0.03 %1.94 %0.51 %5.26 %16.48 %
Rank within sector19 / 2521 / 249 / 2416 / 2217 / 20
Quartile th4 th4 th2 nd3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund0.82 %1.71 %0.11 %5.85 %1.84 %
Sector1.48 %2.56 %0.03 %7.69 %1.45 %
Rank within sector13 / 2418 / 2310 / 2218 / 2211 / 20
Quartile th3 rd4 th2 nd4 th3 rd

Risk statistics

Alpha0.02
Beta0.66
Sharpe-0
Volatility1.71
Tracking error1.14
Information ratio-0.47
R-Squared0.75

Price movement

52 week high28.4
52 week low27.73
Current bid price0
Current offer price0
Current mid price28.24

Holdings by region

  • 18.1% Money Market
  • 16.8% UK
  • 13.9% Others
  • 9.9% Italy
  • 8% Germany
  • 7.9% France
  • 6% USA
  • 5.2% Russia
  • 4.3% Spain
  • 4.1% Netherlands

Holdings by sector

  • 22.8% Government Bonds
  • 14.9% Money Market
  • 10.4% Utilities
  • 9.3% Telecommunications
  • 8.9% Real Estate
  • 5.7% Banks
  • 4.7% Insurance
  • 4% Capital Goods
  • 4% Services
  • 3.9% Basic Industries

Holdings by asset type

  • 18.1% Money Market
  • 16.8% UK Fixed Interest
  • 13.9% Global Fixed Interest
  • 9.9% Italian Fixed Interest
  • 8% German Fixed Interest
  • 7.9% French Fixed Interest
  • 6% US Fixed Interest
  • 5.2% Russian Fixed Interest
  • 4.3% Spanish Fixed Interest
  • 4.1% Dutch Fixed Interest

Individual holdings

  • 7.8% ITALY(REPUBLIC OF) 1.45% BDS 15/09/22 EUR1000
  • 5.2% RUSSIAN FEDERATION MINISTRY FINANCE 7.5% BDS 18/08/21 RUB1000
  • 4.3% FRANCE(GOVT OF) 3% BDS 25/04/22 EUR1
  • 1.9% HUNGARY 3.875% BDS 24/02/20 EUR1000
  • 1.7% AT&T INC 3.4% BDS 14/08/24 USD2000
  • 1.6% NETHERLANDS(KINGDOM OF) 0% BDS 15/01/22 EUR1
  • 1.5% ANGLO AMERICAN CAPITAL 2.5% NTS 29/04/21 EUR100000
  • 1.5% SPAIN(KINGDOM OF) 2.9% BDS 31/10/46 EUR1000
  • 1.3% DS SMITH PLC 1.375% BDS 26/07/24 EUR100000
  • 1.1% VIRGIN MEDIA SECURED FINANCE PLC 4.875 01/15/2027