ETFS Lombard Odier IM Eur Corp Bd Fmt GO (LSE:FWEC) - ETF price - Overview

ETF Report

ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF FWEC

Closing Price

1 Day Change

As of 23/03/2018

Last Close10.18
52-Wk Range10.12 - 10.45
Yield %0.88
Discount % %-0.03

Growth Of 10,000 (EUR) 28/02/2018

  • Fund: ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF
  • Category: EUR Corporate Bond
  • Benchmark: Bloomberg Barclays Euro Aggregate Corporates TR EUR
Trailing Returns % (EUR) 23/03/2018
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---
Key Stats
Morningstar® CategoryEUR Corporate Bond
NAV 23/03/2018EUR 10.18
Day Change0.00%
12 Month Yield0.88%
Dividend FrequencyAnnually
Net Assets (mil) 23/03/201815.83 EUR
Total Expense Ratio0.30%
Initial Charge-
Exit Charge-
Manager Name-
Inception Date14/04/2015

Morningstar Rating™

Not Rated

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar


Fund Benchmark

LOIM Fundamental Euro Corporate GR EUR

Morningstar® Benchmark

Bloomberg Barclays Euro Aggregate Corporates TR EUR

Investment Objective

The investment objective of the ETFS Lombard Odier IM Euro Corporate Bond Fundamental GO UCITS ETF (the "Fund") is to track the LOIM Fundamental Euro Corporate Index (the "Index") by investing primarily in an optimised portfolio of fixed-rate EUR-denominated corporate bonds that, as far as possible and practicable, consists of the component securities of the Index. The Index provides long-only exposure to EUR-denominated investment grade corporate debt *, whose weights are determined according to Lombard Odier Investment Management (LOIM) proprietary fundamental weighting methodology, which uses fundamental factors to assess issuers’ creditworthiness and identify those believed to be best placed to repay their debt. The approach is an alternative to traditional market-cap investing which over-weights those issuers with the greatest level of outstanding debt.

Portfolio Profile23/03/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond97.71
Cash & Equivalents2.29
Top Holdings
IncreaseDecreaseNew since last portfolio
Hutchison Whampoa Europe Finance 12 3.625% UNSUB PIDI NTS 06/06/2022 EUR (R Singapore1.07
AT&T Inc. 2.5% UNSUB PIDI NTS 15/03/2023 EUR United States1.03
Shell International Finance B.V. 1.875% SNR BDS 15/09/2025 EUR (REGS) (21) Netherlands1.02
Imperial Tobacco Finance plc 2.25% UNSUB PIDI NTS 26/02/2021 EUR (REGS) (32 United Kingdom1.00
Coca-Cola European Partners US, LLC 1.875% UNSUB PIDI NTS 18/03/2030 EUR (R United States0.98
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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