Fact sheet: Threadneedle EurpHdBd

Fund information

Fund name
Threadneedle European High Yield Bond Z Acc GBP
Fund company manager
Threadneedle Inv Services Ltd
Fund type
OIC
Fund manager
Barrie Whitman
since 07/03/2000
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in high income paying Euro or British Pound bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies in Europe or companies that have significant operations there. High income paying bonds are bonds that have received lower ratings from international agencies that provide such ratings. These bonds are considered riskier than higher rated bonds but typically pay a higher income. Where the Fund invests in bonds that are not priced in Euro, the Fund may take measures that aim to mitigate the risk of currency movements against the Euro. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
BofA Merrill Lynch European Currency High Yield - Constrained x Sub Financials
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

24.19 %

1 Year rank in sector

1/66

Sector

UT Global Bonds

Yield

4.1

Fund size

£ 796.9 m

FE Risk score

72

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    95.9%
  • Money Market
    4.1%
  • Others
    17.9%
  • Telecommunications
    13%
  • Media
    12.8%
  • Basic Industries
    8.5%
  • Banks
    7.9%
  • European Fixed Interest
    95.9%
  • Money Market
    4.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.29 %9.08 %24.82 %23.62 %51.49 %
Sector1.71 %3.64 %9.67 %16.75 %20.79 %
Rank within sector16 / 722 / 691 / 6619 / 572 / 45
Quartile th1 st1 st1 st2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund6.68 %25.75 %-4.71 %-3.48 %9.44 %
Sector2.63 %12.58 %-1.32 %3.81 %-1.96 %
Rank within sector3 / 692 / 6451 / 5853 / 552 / 52
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha-0.22
Beta1.11
Sharpe0.34
Volatility9.06
Tracking error5.57
Information ratio0.05
R-Squared0.62

Price movement

52 week high126.53
52 week low100.95
Current bid price0
Current offer price0
Current mid price126.02

Holdings by region

  • 95.9% Europe
  • 4.1% Money Market

Holdings by sector

  • 17.9% Others
  • 13% Telecommunications
  • 12.8% Media
  • 8.5% Basic Industries
  • 7.9% Banks
  • 7.7% Capital Goods
  • 6.8% Energy
  • 6.4% Utilities
  • 6% Automotive
  • 5.4% Services

Holdings by asset type

  • 95.9% European Fixed Interest
  • 4.1% Money Market

Individual holdings

  • 4.6% GAZPROM
  • 3% TELEFONICA EUROP
  • 2.7% UNITYMEDIA
  • 2.5% VIRGIN MEDIA
  • 2.3% TELECOM ITALIA
  • 2.1% WIND ACQUISITION
  • 1.8% ANGLO AMERICAN
  • 1.8% TESCO PLC
  • 1.7% CREDIT SUISSE
  • 1.7% FIAT