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Offshore Mutual / Lombard Odier

LO Funds - Euro Credit Bond

FE Crown Rating

Fund Objective

The Fund provides investors with a defensive way of investing in the corporate credit market. The Fund invests in investment grade, EUR-denominated corporate bonds as well as low risk credit assets such as covered bonds, governmental agency and local authority issues. Our approach is based on a fundamental analysis of economies, markets and issuers. Selection of securities is based on a three-step process (sectors, issuers, and issues), combining top-down (credit market evaluation) and bottom-up (specific issuer risk) approaches. This approach has enabled us to consistently avoid the "blow-ups", which is critical for generating positive returns throughout the credit cycle.

Fund Manager

Kevin Corrigan
Ashton Parker
Denise Yung
Jorge Martin Ceron
Vikki Lindstrom

Domicile

Sector Global

Currency

Primary Asset Class

Fund Size

EUR 71.34m as at 31-Aug-2014

Unit Name

LO Funds - Euro Credit Bond M A

Inc/Acc

Accumulating 

Citicode

F5WK

Initial Charge

5.00%

Unit Currency

EUR 

ISIN

LU0866420341 

Annual Charge

0.50%

Mid

EUR 12.93

Change (Mid)

-0.01 (-0.07%)
29-Sep-2014

Unit LaunchDate

07-Feb-2013

Unit Name

LO Funds - Euro Credit Bond S A

Inc/Acc

Accumulating 

Citicode

FQF9

Initial Charge

0.00%

Unit Currency

EUR 

ISIN

LU0428699960 

Annual Charge

0.00%

Mid

EUR 14.04

Change (Mid)

-0.01 (-0.06%)
29-Sep-2014

Unit LaunchDate

22-Jun-2009

Unit Name

LO Funds - Euro Credit Bond P A

Inc/Acc

Accumulating 

Citicode

G5R6

Initial Charge

5.00%

Unit Currency

EUR 

ISIN

LU0428699374 

Annual Charge

0.45%

Mid

EUR 12.84

Change (Mid)

-0.01 (-0.07%)
29-Sep-2014

Unit LaunchDate

02-Sep-2009

Unit Name

LO Funds - Euro Credit Bond I A

Inc/Acc

Accumulating 

Citicode

I7G6

Initial Charge

5.00%

Unit Currency

EUR 

ISIN

LU0428699028 

Annual Charge

0.45%

Mid

EUR 13.14

Change (Mid)

-0.01 (-0.07%)
29-Sep-2014

Unit LaunchDate

27-Apr-2010

Unit Name

LO Funds - Euro Credit Bond R A

Inc/Acc

Accumulating 

Citicode

I7G9

Initial Charge

3.00%

Unit Currency

EUR 

ISIN

LU0428699705 

Annual Charge

0.45%

Mid

EUR 12.63

Change (Mid)

-0.01 (-0.08%)
29-Sep-2014

Unit LaunchDate

04-Nov-2010

Performance Overview

Performance Charts

Cumulative Performance

  YTD 3m 6m 1y 3y 5y
Fund 6.34 1.55 3.91 7.15 20.38 27.52
Sector 6.87 1.77 4.05 8.67 23.03 28.78

Discrete Performance (%)

  2013 2012 2011 2010 2009
Fund 1.30 10.82 2.26 3.44 9.95
Sector 2.54 11.92 1.08 3.11 9.36

Asset Allocation

breakdown chart
  Asset Class % of Fund
European Fixed Interest 99.00
Liquid Assets 1.00

Regional Breakdown

breakdown chart
  Region % of Fund
Europe 99.00
Liquid Assets 1.00

Sector Breakdown

breakdown chart
  Sector % of Fund
Corporate Bonds 50.10
Covered 19.40
Government Agency Bonds 16.70
Local Government Bonds 5.10
Supranational Fixed Interest 4.90
Sovereign 2.90
Liquid Assets 1.00
Swaps -0.10

Performance figures are calculated on a bid price to bid price basis.