Fund Detail

LO Funds

Absolute Return Bond, (EUR) N A

 

HIGHLIGHTS

LO Funds - Absolute Return Bond is a fixed income absolute return strategy launched in July 2010. It invests in fixed income instruments and currencies in developed and emerging markets, through highly liquid long and short positions including listed and over-the-counter financial derivative instruments as well as cash instruments. It seeks to deliver absolute returns with low volatility. It implements a systematic approach where capital is allocated to several fixed income and currency strategies (both traditional and alternative) based on their contribution to a global risk budget.

MANAGERS

Manager Profiles

Aurèle Storno, CFA London Investment Management (Multi Asset)

Aurèle Storno is Head of the Asset Allocation Team within LOIM’s Multi-Asset Group. He is the Lead Portfolio Manager of the Lombard Odier Pension Fund and oversees all Multi-Asset Funds and institutional  Read more

Thierry Béchu Genève Investment Management (Multi Asset)

Thierry Béchu is a Portfolio Manager responsible for the Swiss balanced mandates in the Asset Allocation Team within LOIM’s Multi-Asset Group since July 2014. He originally joined LOIM as a Portfolio Manager  Read more

Sui Kai Wong London Investment Management (Multi Asset)

Sui Kai Wong is a Junior Portfolio Manager in the Asset Allocation Team within LOIM’s Multi-Asset Group. He is co-managing the LO Institutional Strategies LPP 30 Fund. He joined the team in November 2012  Read more

GENERAL INFORMATION

Overview

Asset Class Fixed Income
Category Aggregate
Share Class reference currency EUR
Dividend Policy Accumulated

Latest Data

Performance YTD 0.23% 18.08.2017
Total Assets (all classes) in mn EUR 36.56 31.07.2017
Assets (share class) in mn EUR 0.14 31.07.2017
NAV (EUR) 12.20 18.08.2017
Highest - Last 12 months 12.33 14.11.2016
Lowest - Last 12 months 12.09 06.07.2017
Number of positions 81 30.11.2013
TER 0.70% 31.03.2017

Cumulative Performance

 
 
Past performance is not a guide to future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units, performance is presented net of fees. The NAV of fund units and official prices of benchmarks are used for performance comparison purposes. Source of the figures: Lombard Odier.

PRICES

Period
(Earliest Date: 01.07.2010)
(Latest date: 18.08.2017)

Prices over selected period

Last EUR 12.20 18.08.2017
First EUR 11.55 01.07.2010
Highest EUR 12.72 30.10.2013
Lowest EUR 11.54 02.07.2010

Latest available figures (click Export to obtain figures over the selected period)

Interim Profit EUR 0.0758 18.08.2017
Equity Gain (%) 0.0% 18.08.2017
Equity Gain – KStG (%) 0.0% 18.08.2017
Real Estate Gain EUR 0.0 17.08.2017
Acc. Deemed Dist. Income EUR 1.1065 18.08.2017

PERFORMANCE & STATISTICS

Statistics (01.07.2010 - 18.08.2017) ¹

( Earliest Date : 01.07.2010)
Go
( Latest date : 18.08.2017)
Fund
Total Return 5.67%
Annualized Return 0.77%
Annualized Volatility 2.14%
Sharpe Ratio 0.33
Downside Deviation 1.35%
Positive Months 55.81%
Maximum Drawdown -4.69%
Risk-Free Rate 0.06% Target Rate 0.06%
¹ Calculations based on monthly time series

Cumulative Performance

 
 
Past performance is not a guide to future performance. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units, performance is presented net of fees. The NAV of fund units and official prices of benchmarks are used for performance comparison purposes. Source of the figures: Lombard Odier.

BREAKDOWNS

Period

Portfolio Breakdown (in %)

Fixed Income - Sovereign
59.70%
Fixed Income - Developed CDS
51.80%
Currency - G10
12.20%

Risk Contribution (in %)

Fixed Income - Sovereign
33.33%
Fixed Income - Developed CDS
33.33%
Currency - G10
33.33%

Performance Contribution - 1 Month (in bps)

Fixed Income - Sovereign
27.56%
Currency - G10
23.29%
Fixed Income - Developed CDS
20.32%
Cash
-2.00%

SECURITY NUMBERS

Dealing

Subscriptions and redemptions frequency Daily
Subscriptions and redemptions cut-off day T
Subscriptions and redemptions cut-off time 12:00 CET
Subscriptions and redemptions settlement date T+2
NAV valuation point T
NAV calculation day T+1
NAV calculation frequency Daily
Minimum Investment CHF 1'000'000 or eq
Management Fee 0.50%
Distribution Fee 0.00%
Performance Fee 10% over EONIA

Security Numbers

BLOOMBERG LOMESTI LX
ISIN LU0210002480
REUTERS 2038013X.CHE
SEDOL GBBD7VVR0
TELEKURS 2038013

Share Quotation

Electronic Media

DOCUMENTATION

Marketing & Communication Date DE EN FR IT
Newsletter IM 31.07.2017      
Reasons to Invest (2 pager) 31.12.2014    
Annexe Date DE EN FR IT
UK Reporting Status - Reportable Income 23.03.2017      
Reporting Date DE EN FR IT
Fact Sheet (all Funds) 31.07.2017
Fact Sheet 31.07.2017
Performance Review 31.07.2017
Legal Documents Date DE EN FR IT
Notice to Shareholders 30.05.2017    
Notice to Shareholders 14.08.2017    
Notice to Shareholders 29.07.2016    
Notice to Shareholders 31.01.2017    
Notice to Shareholders 26.08.2016      
Notice to Shareholders 02.02.2016    
Notice to Shareholders 12.12.2016    
Notice to Shareholders 28.02.2017    
Notice to Shareholders 15.04.2016    
Key Investor Information Document 10.05.2017
Prospectus 21.08.2017    
Annual Report 30.09.2016  
Semi-Annual Report 31.03.2017  
Sicav article of incorporation 01.12.2014