Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

RWC Core Plus A GBP

Ranked 11 out of 35 in - Bond Strategies over 12 months
All calculations are in GBP

Managed by

Davide Basile

Davide Basile graduated from the Imperial College where he gained a degree in Material Science Engineering. He was an employee at Morgan Stanley from 2001 working both within Private Wealth Management and the Investment Management Division. From 2005 until he left to join RWC where was responsible for the management of the convertible bond accounts with peak assets and the institutional convertible bond accounts. From 2003 to 2005 Davide worked on the Morgan Stanley Convertible Bond Funds. Prior to this he worked within the investor strategy group at Morgan Stanley Private Wealth Management where he was involved in the use of derivatives for portfolio protection.

Objective

To achieve a return in excess of the money markets, in the Sub-Fund Reference Currency, over a three year time horizon. To achieve the above objective, the Investment Manager will adjust asset allocation and country exposures to reflect market conditions and opportunities. This top-down positioning will be combined with bottom-up security selection. The Sub-Fund may invest in money market instruments, deposits with credit institutions, notes, bonds, convertible bonds, equities and warrants. The Sub-Fund portfolio may, at times, be concentrated in one or several types of assets and/or countries.

Performance

Bond Strategies over : 31/08/2013 - 31/08/2014
  • Rank 11/35 Total Return
  • Rank 23/35 Standard Deviation
  • Rank 9/35 Max Drawdown
Fund Name Return
9 GAM Star Emerging Market Rates GBP Acc

4.6%

10 Threadneedle Credit Opportunities Hgd Ret Acc GBP

4.2%

11 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged

4.1%

12 Threadneedle (Lux)-Absolute Em Mkt Macro IGH

Currency exposure is hedged

Currency exposure is hedged

4.0%

13 Invesco Absolute Return Bond C Acc GBP Hdg

Currency exposure is hedged

Currency exposure is hedged

3.8%

Fund Name Risk
21 Threadneedle (Lux)-Global Opportunities Bond AGH

Currency exposure is hedged

Currency exposure is hedged

0.6

22 Insight - Absolute Insight Credit B1p Sterling

0.6

23 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged

0.6

24 Muzinich LongShortCreditYield GBP Acc Hedged

Currency exposure is hedged

Currency exposure is hedged

0.6

25 Threadneedle Absolute Return Bond Ret Gross Acc

0.7

Fund Name Loss
7 Insight - Absolute Insight Credit B1p Sterling

-0.3%

8 PIMCO Credit Absolute Return Inst GBP Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

-0.3%

9 RWC Core Plus A GBP

Currency exposure is hedged

Currency exposure is hedged

-0.4%

10 Amundi Fds Absolute Global Macro 2 - AHG (C)

Currency exposure is hedged

Currency exposure is hedged

-0.4%

11 Henderson Credit Alpha I Gross Acc

-0.5%

Total Return

Quarterly Performance

to 29/08/2014 Annual Q1 Q2 Q3 Q4
2014 2.2% 1.1% 0.6% 0.6%
2013 1.1% -0.5% -0.5% 0.2% 1.9%
2012 -1.0% -0.6% -0.2% 0.3% -0.5%
2011 -1.1% -0.9% -0.6% 1.5% -1.1%
2010 1.1% 0.8% -1.3% 1.5% 0.1%
2009 3.4% 1.0% 1.4% 0.8% 0.2%
2008 1.3% -0.1% -1.2% 0.2% 2.5%
2007 4.9% 1.2% 1.6% 0.9% 1.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Germany
  2. Italy
  3. Luxembourg
  4. Sweden
  5. Switzerland
  6. United Kingdom

Fund Info

  • Launch date01/10/2013
  • Share Class size01Mn
  • Base currencyGBP
  • ISIN LU0281101385
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment25,000
  • Min. additional investment0

Charges

Related News

RWC replenishes convertibles team after co-manager’s departure

Star convertible bonds manager David Basile has strengthened his team at RWC after losing his co-manager.

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).