Fact sheet: Threadneedle (L)GlblOppBd

Fund information

Fund name
Threadneedle (Lux) Global Opportunities Bond DU USD
Fund company manager
Threadneedle (Lux)
Fund type
SIB
Fund manager(s)
Adrian Hilton
since 17/10/2016
Fund objective
The aim of the Fund is to make a positive return for you notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies. At least two-thirds of the Fund’s assets will be in long and short positions in bonds (which are a type of loan that pay a fixed or variable interest rate) issued by companies and governments. 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 also use derivatives for short selling (which is designed to make a profit from falling prices). The Fund can invest in developed and emerging markets. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest

Quick stats

1 Year return

-0.33 %

1 Year rank in sector

112/139

Sector

FO Absolute Return

Yield
-
Fund size

£ 15.9 m

FE Risk score

24

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • BBB-
    23.1%
  • BBB
    18.2%
  • BBB+
    11.8%
  • AAA
    8.5%
  • BB-
    8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0 %0.51 %-0.33 %-10.31 %-8.94 %
Sector0.32 %1.49 %2.61 %4.86 %9.62 %
Rank within sector106 / 155102 / 150112 / 13999 / 10266 / 69
Quartile th3 rd3 rd4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund-0.08 %-2.37 %-6.22 %-1.81 %1.76 %
Sector2.62 %0.66 %0.69 %1.2 %3.58 %
Rank within sector117 / 145100 / 130107 / 11371 / 8847 / 72
Quartile th4 th4 th4 th4 th3 rd

Risk statistics

Alpha-4.85
Beta1.1
Sharpe-0
Volatility3.32
Tracking error2.66
Information ratio-1.79
R-Squared0.36

Price movement

52 week high12.07
52 week low11.83
Current bid price0
Current offer price0
Current mid price11.92

Holdings by region

-

Holdings by sector

  • 23.1% BBB-
  • 18.2% BBB
  • 11.8% BBB+
  • 8.5% AAA
  • 8% BB-
  • 6.1% Others
  • 6% B
  • 5.9% B+
  • 4.4% BB
  • 4.1% BB+

Holdings by asset type

-

Individual holdings

  • 14.6% RUSSIAN FEDERATION MINISTRY FINANCE 7.5% BDS 18/08/21 RUB1000
  • 4.6% UNITED STATES OF AMER TREAS NOTES 1% NTS 15/09/17 USD1000
  • 2.7% CREDIT SUISSE AG 5.75% 18/09/2025
  • 2.6% TRITON TRUST NO 2 BOND SERIES 2013-1 2.80% 20/03/2043
  • 1.9% UBS AG 4.75 02/12/2026
  • 1.8% CREDIT AGRICOLE SA 8.125% BDS 19/09/33 USD200000
  • 1.7% WOODSIDE FINANCE LTD 3.65% 05/03/2025
  • 1.6% GLOBAL SWITCH HLDGS LTD 4.375% MTN 13/12/22 GBP100000
  • 1.5% Aurizon Network 2% 18/09/2024
  • 1.5% BANK OF IRELAND 7.38% PERP