Fact sheet: Threadneedle Eurpn CrpBd

Fund information

Fund name
Threadneedle European Corporate Bond Z Acc GBP
Fund company manager
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund manager(s)
Alasdair Ross
since 01/09/2007
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 higher rated bonds (which are similar to a loan and pay a fixed or variable interest rate) priced in Euro and issued by companies in Europe or companies that have significant operations there. Higher rated bonds, as defined by international agencies that provide such ratings, are considered safer than lower rated bonds but typically pay a lower 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
Iboxx € Corporate Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.08 %

1 Year rank in sector

22/64

Sector

UT Global Bonds

Yield

0.7

Fund size

£ 169.9 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    93.2%
  • Money Market
    6.8%
  • Investment Grade Bonds
    82.6%
  • Money Market
    7.4%
  • High Yield Bond
    3.8%
  • Mortgage & Secured Bonds
    3.5%
  • Government Agency Bonds
    2.3%
  • European Fixed Interest
    93.2%
  • Money Market
    6.8%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund1.74 %9.12 %2.08 %22.49 %33.71 %
Sector0.8 %1.98 %0.16 %14.68 %16.93 %
Rank within sector9 / 715 / 6722 / 6415 / 568 / 51
Quartile th1 st1 st2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund7.06 %23.23 %-6.23 %0.98 %4.48 %
Sector2.62 %12.58 %-1.32 %3.81 %-1.96 %
Rank within sector7 / 677 / 6253 / 5645 / 5310 / 51
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha-0.65
Beta1.3
Sharpe0.36
Volatility9.96
Tracking error5.22
Information ratio0.18
R-Squared0.76

Price movement

52 week high129.48
52 week low112.98
Current bid price0
Current offer price0
Current mid price125.38

Holdings by region

  • 93.2% Europe
  • 6.8% Money Market

Holdings by sector

  • 82.6% Investment Grade Bonds
  • 7.4% Money Market
  • 3.8% High Yield Bond
  • 3.5% Mortgage & Secured Bonds
  • 2.3% Government Agency Bonds
  • 0.8% Index Linked
  • -0.4% Government Bonds

Holdings by asset type

  • 93.2% European Fixed Interest
  • 6.8% Money Market

Individual holdings

  • 2.6% GOV OF GERMANY 0.00% 08/10/2021
  • 2.2% AT&T INC 3.4% BDS 14/08/24 USD2000
  • 2% GERMANY(FEDERAL REPUBLIC OF) 1.5% NTS 15/02/23 EUR0.01
  • 1.9% KREDITANSTALT FUER WIEDERAUFBAU 0.00% 11/09/2019
  • 1.8% DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 0.02% 03/04/20
  • 1.6% CADENT FINANCE PLC 0.63% 22/09/2024
  • 1.5% DNB BOLIGKREDITT AS 0.375% MTN 20/10/20 EUR1000
  • 1.4% AKELIUS RESIDENTIAL PROPERTY AB 1.75% 07/02/2025
  • 1.3% KREDITANSTALT FUER WIEDERAUFBAU KFW 0.375% NTS 22/07/19 EUR1000
  • 1.2% NEDERLANDSE GASUNIE NV 0.04% 16/10/2018