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
OEIC
Fund manager(s)
Michael Poole
since 24/04/2012
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

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

6.31 %

1 Year rank in sector

4/64

Sector

UT Global Bonds

Yield

4.1

Fund size

£ 744.6 m

FE Risk score

78

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    92.6%
  • Money Market
    7.4%
  • Others
    13%
  • Telecommunications
    13%
  • Media
    11.6%
  • Money Market
    8.5%
  • Banks
    7.4%
  • European Fixed Interest
    92.6%
  • Money Market
    7.4%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.59 %8.66 %6.31 %30.67 %44.54 %
Sector0.49 %1.03 %-0.32 %13.75 %16.7 %
Rank within sector6 / 711 / 674 / 642 / 561 / 51
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund9.38 %25.75 %-4.71 %-3.48 %9.44 %
Sector2.28 %12.58 %-1.32 %3.81 %-1.96 %
Rank within sector1 / 672 / 6249 / 5651 / 532 / 51
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha2.49
Beta1.11
Sharpe0.63
Volatility9.16
Tracking error5.37
Information ratio0.56
R-Squared0.65

Price movement

52 week high133.87
52 week low113.9
Current bid price0
Current offer price0
Current mid price129.21

Holdings by region

  • 92.6% Europe
  • 7.4% Money Market

Holdings by sector

  • 13% Others
  • 13% Telecommunications
  • 11.6% Media
  • 8.5% Money Market
  • 7.4% Banks
  • 7.4% Basic Industries
  • 7.3% Capital Goods
  • 5.9% Energy
  • 5.7% Services
  • 5.6% Utilities

Holdings by asset type

  • 92.6% European Fixed Interest
  • 7.4% Money Market

Individual holdings

  • 4.1% GAZPROM OAO
  • 2.8% TELEFONICA EUROP
  • 2.7% UNITYMEDIA
  • 2.4% TELECOM ITALIA SPA(NEW)
  • 2.2% WIND ACQUISITION
  • 1.8% ALTICE SA
  • 1.7% CREDIT SUISSE GROUP
  • 1.7% TESCO
  • 1.5% ARDAGH
  • 1.5% FIAT SPA