fund details.

LO Funds

Asia Value Bond, Syst. NAV Hdg, (CHF) I A

HIGHLIGHTS

LO Funds - Asia Value Bond is an actively managed long-only bond fund focusing on Asia-Pacific (including Japan) 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). The average rating quality of the Fund is intended to be Investment Grade. To provide more flexibility and opportunity, the Fund has allowable limits for High Yield and non-Asian issuers.

MANAGERS

Manager Profiles

Dhiraj Bajaj Singapore Private Clients (Asia Investment Team)

Dhiraj is the head of Asia fixed income at Lombard Odier. He joined Lombard Odier in 2012, and is responsible for the Fixed Income team in Asia, focusing on Asia Pacific and emerging debt markets. Prior  Read more

Tracy Wang Singapore Private Clients (Singapour)

Tracy is senior Asia credit analyst for Lombard Odier. Based in Singapore, Tracy focuses on both Investment Grade and High Yield corporates. Prior to joining Lombard Odier, Tracy performed fundamental  Read more

Kenneth Kwan Singapore Private Clients (Singapour)

Kenneth is a Asia credit analyst for Lombard Odier. Based in Singapore, he focuses on both Investment Grade and High Yield corporates. Most recently, Kenneth was a credit research analyst with Mackenzie  Read more

Tobias Bracey Singapore Asia (Singapour)

Tobias is product specialist and strategist for fixed income at Lombard Odier. Previously, Tobias was a fixed income specialist at Fidelity Worldwide Investment in London, where he led Fidelity’s Global  Read more

Love Sharma Singapore Private Clients (Asia Investment Team)

Love is a senior Asia credit analyst at Lombard Odier. Based in Singapore, Love focuses on both Investment Grade and High Yield corproates with a bias towards India, South East Asia and the Middle East  Read more

Nivedita Sunil Singapore Private Clients (Asia Investment Team)

Nivedita is an Emerging Market Analyst within the LOIM Fixed Income team in Singapore. She covers Emerging Markets & Asian Sovereigns and Financials for the firm. Prior to joining Lombard Odier, Nivedita  Read more

GENERAL INFORMATION

Overview

Asset Class Fixed Income
Category Credit
Share Class reference currency CHF Hedged
Dividend Policy Accumulated

Latest Data

Performance YTD 1.49% 16.01.2020
Total Assets (all classes) in mn CHF 2402.59 31.12.2019
Assets (share class) in mn CHF 40.35 31.12.2019
NAV (CHF) 11.72 16.01.2020
Highest - Last 12 months 11.72 16.01.2020
Lowest - Last 12 months 10.21 17.01.2019
Number of positions 267 31.12.2019
Duration in Years 5.82 31.12.2019
TER 0.64% 31.03.2019

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: 05.12.2016)
(Latest date: 16.01.2020)

Prices over selected period

Last CHF 11.72 16.01.2020
First CHF 10.00 06.12.2016
Highest CHF 11.72 16.01.2020
Lowest CHF 9.84 22.11.2018

PERFORMANCE & STATISTICS

Statistics (06.12.2016 - 16.01.2020) ¹

( Earliest Date : 06.12.2016)
Go
( Latest date : 16.01.2020)
Fund
Total Return 17.15%
Annualized Return 5.19%
Annualized Volatility 4.79%
Sharpe Ratio 1.26
Downside Deviation 2.41%
Positive Months 63.16%
Maximum Drawdown -8.66%
Risk-Free Rate -0.87% Target Rate -0.87%
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

Credit Ratings (in %)

A
9.00%
AA
1.00%
B
19.00%
BB
20.00%
BBB
48.00%
CCC
1.00%
Liquid assets
0.00%

Maturities (in %)

Less than 1 year
1.30%
1 to 3 years
11.60%
3 to 5 years
28.50%
5 to 7 years
14.00%
7 to 10 years
22.50%
10 to 20 years
12.70%
More than 20 years
9.40%
Liquid assets
0.00%

Countries (in %)

China
26.95%
Others
18.01%
India
15.93%
Indonesia
13.67%
Australia
8.18%
U.A.E
7.00%
Hong Kong
3.87%
Mexico
3.59%
Thailand
2.80%

Currencies (in %)

USD
99.96%
EUR
0.03%

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 million
Management Fee 0.50%
Distribution Fee 0.00%

Security Numbers

BLOOMBERG LOSCHIA LX
ISIN LU1581426431
TELEKURS 35854255

Share Quotation

Electronic Media

DOCUMENTATION

Professional investors only Date DE EN FR IT
Newsletter IM - Professional 30.11.2019      
Reporting Date DE EN FR IT
Fact Sheet (marketing document) 31.12.2019
Performance Review 31.12.2019
Legal Documents Date DE EN FR IT
Articles of incorporation 21.03.2019    
Notice to Shareholders 17.04.2018    
Notice to Shareholders 28.08.2018      
Notice to Shareholders 05.02.2019    
Notice to Shareholders 21.02.2019    
Notice to Shareholders 12.03.2019    
Notice to Shareholders 30.09.2019    
Notice to Shareholders 10.12.2018    
Notice to Shareholders 17.09.2019      
Notice to Shareholders 30.01.2018    
Key Investor Information Document 17.06.2019
Prospectus 15.11.2019  
Annual Report 30.09.2018  
Semi-Annual Report 31.03.2019  
Sicav article of incorporation 21.03.2019  
Retail investors Date DE EN FR IT
Reasons to invest (Retail) 15.10.2019