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
OIC
Fund manager
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

Quick stats

1 Year return

17.55 %

1 Year rank in sector

17/66

Sector

UT Global Bonds

Yield

0.9

Fund size

£ 197.6 m

FE Risk score

71

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    94%
  • Money Market
    6%
  • Utilities
    18.3%
  • Banks
    13.1%
  • Telecommunications
    8.4%
  • Government Bonds
    7.3%
  • Real Estate
    6.5%
  • European Fixed Interest
    94%
  • Money Market
    6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.48 %5.19 %8.17 %20.74 %39.98 %
Sector0.85 %3 %6.76 %16.19 %20.74 %
Rank within sector15 / 7211 / 6917 / 6622 / 577 / 45
Quartile th1 st1 st2 nd2 nd1 st

Calendar performance

YTD-20172016201520142013
Fund4.21 %23.23 %-6.23 %0.98 %4.48 %
Sector2.56 %12.58 %-1.32 %3.81 %-1.96 %
Rank within sector11 / 698 / 6455 / 5847 / 5510 / 52
Quartile th1 st1 st4 th4 th1 st

Risk statistics

Alpha-2.04
Beta1.27
Sharpe0.23
Volatility9.5
Tracking error5.06
Information ratio-0.11
R-Squared0.74

Price movement

52 week high124.17
52 week low111.89
Current bid price0
Current offer price0
Current mid price122.04

Holdings by region

  • 94% Europe
  • 6% Money Market

Holdings by sector

  • 18.3% Utilities
  • 13.1% Banks
  • 8.4% Telecommunications
  • 7.3% Government Bonds
  • 6.5% Real Estate
  • 6.2% Consumer Goods
  • 6% Money Market
  • 5.2% Energy
  • 4.9% Transport
  • 4.7% Basic Industries

Holdings by asset type

  • 94% European Fixed Interest
  • 6% Money Market

Individual holdings

  • 3.3% GOV OF GERMANY 0.00% 08/10/2021
  • 2.6% GERMANY(FEDERAL REPUBLIC OF) 2% BDS 04/01/22 EUR0.01
  • 2.5% KREDITANSTALT FUER WIEDERAUFBAU 0.00% 11/09/2019
  • 1.6% DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 0.02% 03/04/20
  • 1.4% FMS WERTMANAGEMENT 0.125% BDS 16/04/20 EUR1000
  • 1.4% GOV OF GERMANY 0.25% 15/02/2027
  • 1.4% NATIONAL GRID GAS FINANCE PLC 0.625% INST 22/09/24 EUR100000
  • 1.3% ABN AMRO BANK NV 1.125% BDS 12/01/32 EUR100000
  • 1.3% DNB BOLIGKREDITT AS 0.375% MTN 20/10/20 EUR1000
  • 1.1% BRITISH TELECOMMUNICATIONS 1.125% NTS 10/03/23 EUR100000