LO Funds
Asia Value Bond

ISINLU1480984845

General information

Morningstar
Asset Class Fixed Income
Category Credit
Share Class reference currency USD
Benchmark JP Morgan Asia Credit Index USD
Dividend Policy Accumulated
Total Assets (all classes) in mn USD 2893.00 30.09.2020
Assets (share class) in mn USD 822.64 30.09.2020
Number of positions 337 30.09.2020
TER 0.67% 31.03.2020

Documents

KIID
Prospectus
Fact Sheet (marketing document)
Newsletter IM - Professional
Reasons to invest (Retail)

Risk rating

Lower risk Higher risk
1
2
3
4
5
6
7
Typically lower reward Typically higher reward

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.

Performance & statistics

Fund Benchmark
Total Return 62.99% 41.89%
Annualized Return 6.45% 4.58%
Annualized Volatility 8.44% 4.20%
Sharpe Ratio 0.64 0.84
Downside Deviation 6.44% 3.01%
Positive Months 68.09% 69.15%
Maximum Drawdown -15.90% -6.45%
*  Risk-Free Rate 1.04% Target Rate 1.04%
Calculations based on monthly time series
Earliest Date: 07.01.2013, Latest date: 20.10.2020
Fund vs Benchmark
Correlation 0.886
R2 0.785
Alpha -0.13%
Beta 1.781
Tracking Error 5.10%
Information Ratio 0.381

Highlights

LO Funds - Asia Value Bond is an actively managed long-only bond fund focusing on Asia-Pacific issuers predominantly in USD. The Fund adopts a strong total return philosophy and generates returns from both interest accrued as well as capital appreciation from yield and credit spread compression. In addition, it follows an unconstrained allocation approach and value-orientation in security selection. The Fund invests across the debt capital structure (senior, subordinate) and debt classes (sovereigns, corporates, financials). To provide flexibility and opportunity, the Fund has allowable limits for High Yield and non-Asian issuers.

Breakdowns

Credit Ratings (in %)

AAA 0.00%
AA 0.00%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
CCC 0.00%
C 0.00%
Not rated 0.00%
Liquid assets 0.00%

Maturities (in %)

<1 year 0.00%
1 to 3 years 0.00%
3 to 5 years 0.00%
5 to 7 years 0.00%
7 to 10 years 0.00%
10 to 20 years 0.00%
Above 20 Years 0.00%
Liquid assets 0.00%

Countries (in %)

China 0.00%
India 0.00%
Others 0.00%
Indonesia 0.00%
Australia 0.00%
Rest of the World 0.00%
U.A.E 0.00%
Hong Kong 0.00%
Mexico 0.00%
Liquid assets 0.00%

Currencies (in %)

USD 0.00%
EUR 0.00%
SGD 0.00%

Managers

Dhiraj Bajaj Private Clients (Asia Investment Team)
Read more
Tracy Wang Private Clients (Singapour)
Read more
Kenneth Kwan Private Clients (Singapour)
Read more
Tobias Bracey Asia (Singapour)
Read more
Love Sharma Private Clients (Asia Investment Team)
Read more
Nivedita Sunil Private Clients (Asia Investment Team)
Read more

Security numbers

Dealing

Subscriptions and redemptions frequency Daily
Subscriptions and redemptions cut-off day T-1
Subscriptions and redemptions cut-off time 15:00 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%

Security Numbers

BLOOMBERG LOAVIAU LX
ISIN LU1480984845
SEDOL GBBD5Z2Y8
TELEKURS 33649723

Prices

Export

Prices over selected period

Last USD 0.00 20.10.2020
First USD 0.00 07.01.2013
Highest USD 0.00 21.02.2020
Lowest USD 0.00 24.06.2013
* Earliest Date: 07.01.2013, Latest date: 20.10.2020

Documents

Professional investors only

Newsletter IM - Professional
30.09.2020

Annexe

UK Reporting Status - Reportable Income
15.06.2020

Reporting

Performance Review
30.09.2020
Fact Sheet (marketing document)
30.09.2020

Legal Documents

Prospectus
20.10.2020
Key Investor Information Document
15.08.2020
Notice to Shareholders
03.06.2020
Semi-Annual Report
31.03.2020
Annual Report
30.09.2019
Articles of incorporation
21.03.2019

Retail investors

Reasons to invest (Retail)
07.04.2020