1167 Active Funds ICAV - Global Total Return Bond Fund A2 USD Acc
Sub-fund of 1167 Active Funds ICAV (Open Ended Investment Company domiciled in Ireland)
Key Information
Legal Documents
Performance
Analysis

Fund Profile

Category: Open Ended Investment Company

The investment objective of the Fund is to seek to maximise risk-adjusted total returns by maximising total returns (from income and capital) relative to the volatility of those returns, over the medium to long term. It is the policy of the Fund to achieve its investment objective by investment, through long (positive) and/or short (negative) exposure, to bond, debt, and currency instruments in markets worldwide which may at the discretion of the Investment Manager include significant investment in emerging markets. A majority of the Fund’s total assets will be invested in sovereign and sovereign-related bond, debt and currency instruments in either developed or emerging market countries. Sovereign and sovereign-related instruments include those issued or guaranteed not only by supranational entities, national governments and local governments, but also by entities controlled or owned by national and local governments. The Fund may invest directly or use derivatives. You should note that: The Fund invests in bond, debt, and currency instruments worldwide of which a significant proportion may be in emerging markets. The Fund has no explicit benchmark, but a combination of developed market and emerging market government bond indices will be used as a comparison for performance purposes. The Fund’s objective is to maximise risk-adjusted returns. In order to achieve this the Fund may, at times, hold a substantial portion in cash. The Fund may engage in transactions in financial derivative instruments for efficient portfolio management, investment or hedging purposes. The Fund will invest in bonds of varying creditworthiness including Investment Grade, sub-Investment Grade and unrated instruments, denominated in any currency worldwide. There can be no guarantee that the Fund will achieve its investment objective. This Fund should be viewed as a medium to long term investment and may not be appropriate for investors who plan to withdraw their money within 5 years. The Fund has only Accumulating share classes. The Accumulating Shares do not pay dividends and any income arising is retained in the Fund and reflected in the price of the Shares. The Fund’s shares can be bought from, and sold back to, the Fund on any business day in Ireland. Please refer to the Prospectus and relevant Fund Supplement for more detailed information.

Morningstar Rating
N/A
More information about the calculation of the Morningstar Ratings
Risk and reward profile
4
Lower Risk
Possible Lower
Returns
Higher Risk
Possible Higher
Returns
Key Information
Closing Price 05/12/201990.79
Morningstar categoryAlt - Long/Short Debt
CurrencyUSD
Distribution statusAccumulating
ISINIE00BD57ZG74
Inception Date07/12/2016
Minimum initial amount5,000.00 USD
Fees And Charges
Entry feeNone
Purchase charge0.5% (subject to minimum)
Custody feeNone
Exit feeNone
Sale chargeNone
Ongoing charge1.75% of which 0.45% is paid by the Fund Manager to MeDirect
Fund management company
Address1167 Capital LLP Heathman's House, 19 Heathman's Road London SW6 4TJ United Kingdom
Manager NameMichael Mabbutt
Manager Start Date31/10/2016
Total Net Assets (mil)25.41 USD (30/11/2019)
UCITSYes
AdministratorNorthern Trust International Fund Administration Services (Ireland) Limited

Legal Documents

Prospectus
en 06/06/2018
Morningstar Report
07/12/2019

Performance

Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year2.16%05/12/2019
Since launch-3.18%05/12/2019
Cumulative performance in USD
Performance
YTD 01/01/20191.86%
1 month-0.83%
3 months-0.44%
6 months-1.53%
Quarterly Returns
Q 1Q 2Q 3Q 4
20192.95%3.07%-5.00%-
2018-0.93%-2.89%-5.40%-1.04%
20171.59%-0.41%-0.43%-1.95%
Dividend
No Data Available

Asset Allocation
% Long% Short% Net Assets
Stock0.11%0.00%0.11%
Bond74.80%0.06%74.75%
Cash25.15%0.00%25.15%
Other0.00%0.00%0.00%
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
7.37--
Sharpe Ratio
-0.12--
Sortino Ratio
-0.18--
Positive Months5.0017.0017.00
Negative Months7.0018.0018.00
Worst Month-2.82-6.48-6.48
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Bills 0% 30/01/2020United States28.61
United States Treasury Bills 0% 10/10/2019United States16.78
United States Treasury Bills 0% 05/12/2019United States8.37
Mexico (United Mexican States) 7.75% 13/11/2042Mexico5.01
Republic of South Africa 8.75% 28/02/2048South Africa4.69
Indonesia (Republic of) 6.62% 15/05/2033Indonesia4.30
Republic of South Africa 8.75% 31/01/2044South Africa4.23
Republic of Colombia 7% 04/05/2022Colombia3.93
European Investment Bank 6.95% 02/06/2020Supranational3.04
The Republic of Peru 6.35% 12/08/2028Peru2.89
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
$
90.79
Closing Price
All key information and documents must be reviewed before being able to Invest.