Performance
Trailing returns
| 1 day |
| -0.20% | |||
| 1 week |
| -0.15% | |||
| 4 week | +0.37% |
| |||
| 3 month | +4.35% |
| |||
| YTD | +3.93% |
| |||
| 1 year | +12.81% |
| |||
| 3 years* | +8.77% |
| |||
| 5 years* | +8.62% |
| |||
| *annualized | |||||
Morningstar statistics
Morningstar category: GBP Corporate Bond
| Return | Risk | Rating | |
| 3 years | Average | Below Average |
 
|
| 5 years | Average | Below Average |
|
| 10 years | Above Average | Below Average |
|
| Overall | Above Average | Below Average |
|
Key statistics
| Total assets | ||
| Front load | 0.00% | |
| Deferred load | - | |
| Expense ratio | - | |
| Management fee | 0.50% | |
| Fund family | Cazenove Investment Fund Management Ltd |
Asset allocation
| Cash | 5.17% | |
| Stocks | 0.00% | |
| Bonds | 93.71% | |
| Preferred | 0.15% | |
| Other | 0.98% |
Purchase information
| Initial | �1,000,000 | |
| Additional | �500,000 | |
| AIP Initial | �1,000,000 |
1.180.00(-0.20%)
May 20, 4:00PM GMT+1
Overall Morningstar RatingTM
Description
The Fund aims to achieve a high income return together with capital growth by investing primarily in fixed income instruments including bonds, notes of fixed and variable interest, preference shares, convertible and other securities issued by government, quasi-government, supranational, bank and corporate entities, and derivative instruments. The Fund may use forward foreign exchange transactions, credit default swaps, interest rate and government bond futures, and other exchange traded and off exchange traded derivative contracts for the purposes of efficient portfolio management and/or meeting the investment objectives of the Fund. Such derivative contracts have the potential to significantly increase the Fund�s risk profile. The ACD employs a risk management process that seeks to control the volatility of Fund returns. The Fund�s net exposure to non-investment grade instruments, as determined by the ACD, may not exceed 20 percent of net asset value.
Asset manager:
Alex Smitten (Started: Jun 6, 2008)
Alex Smitten (Started: Jun 6, 2008)
Advisor Company:
Cazenove Investment Fund Management Ltd
Cazenove Investment Fund Management Ltd
12 Moorgate
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 3.83 | 1.79 | 2.74 | 1.22 | |
| Beta* | 0.57 | 0.69 | 0.63 | 0.68 | |
| Mean annual return | 1.09 | 0.73 | 0.71 | 0.52 | |
| R-squared* | 85.15 | 88.81 | 82.94 | 81.16 | |
| Standard deviation | 2.86 | 4.26 | 5.62 | 4.80 | |
| Sharpe ratio | 4.38 | 1.90 | 1.25 | 0.64 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| United Kingdom (Government Of) 4.75% | 2.28% | |
| Coventry Bs 6% | 1.92% | |
| Friends Life Grp 12% | 1.91% | |
| Rwe Fin Bv 6.125% | 1.79% | |
| Annington Fin No4 | 1.72% | |
| Nationwide B/S 5.625% | 1.63% | |
| Iberdrola Finanzas 7.375% | 1.62% | |
| Rl Fin Bonds 6.125% | 1.57% | |
| Rsa Ins Grp FRN | 1.46% | |
| Annington Fin No4 | 1.44% |