LOM Fixed Income Fund EUR
Investment Objective
The LOM Euro Fixed Income Fund is an absolute return, investment grade bond fund. The fund’s objective is to outperform short-term interest rates while preserving capital.
Management Style
The Fund invests in euro government bonds and notes, corporate bonds, asset-backed securities, and foreign bonds. The average portfolio duration of this Fund normally varies within a two to five-year time frame based on LOM’s forecast for interest rates.
Fund Performance
All data as of December 30th, 2011
| YTD Return | 1.49% |
| 1 Year Total Return | 0.28% |
|
Inception Date
|
02/27/09 |
|
Year
|
Jan
|
Feb
|
Mar
|
Apr
|
May
|
Jun
|
Jul
|
Aug
|
Sep
|
Oct
|
Nov
|
Dec
| Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
2011
|
-0.1%
|
0.37%
|
0.0%
|
0.3%
|
0.3%
|
0.1%
|
0.83% |
-0.7% | -0.8% | 1.11% |
-1.47
|
1.30% |
1.49%
|
|
2010
|
0.7%
|
0.3%
|
0.4%
|
0.4%
|
-0.2%
|
0.1%
|
0.2% |
0.6% | 0.0% | -0.1% |
0.0%
|
0.0% |
2.3%
|
|
2009
|
-
|
-
|
0.1%
|
0.5%
|
1.0%
|
0.5%
|
1.0% |
0.5% |
0.5% |
0.4%
|
0.4%
|
0.01%
|
4.9%
|
Top 10 Holdings
| Issuer | Coupon | Maturity | Weighting |
|---|---|---|---|
| Kingdom of Denmark | 3.12% | 03/17/14 | 7.9% |
| AT&T | 6.12% | 04/02/15 | 6.9% |
| Bacardi | 7.75% | 04/09/14 | 6.9% |
| Heineken NV |
7.12% |
04/07/14 |
6.8% |
| ABIBB | 6.50% | 02/27/14 |
6.8% |
| TLIASS | 5.12% |
03/13/14 |
6.6% |
| BMY |
4.37% | 11/15/16 | 6.6 |
| REEDLN | 6.5% | 04/02/13 | 6.5% |
| AON | Float | 09/22/15 | 6.5% |
| HOFP | 4.37% | 04/02/13 | 6.2% |
Current Monthly Strategy Allocation
Analytics (1 Year)
| Fixed Income | Benchmark | |
|---|---|---|
| Annualized Return | 1.49% |
0.95% |
| 3 Year Annualized Return | N/A |
5.28%
|
| Maximum Periodic Change |
1.06%
|
1.52%
|
| Minimum Periodic Change |
-0.96%
|
-1.41%
|
| Duration | 1.36 | n/a |
| Annualized Sharpe Ratio |
0.03%
|
0.48%
|
| Annualized Sortino Ratio |
0.25%
|
0.46%
|
| Volatility |
2.48%
|
3.56%
|
| Downside Risk |
1.66%
|
2.64%
|
| % Periods Up |
51.92%
|
63.59%
|
| Maximum Drawdown |
-1.52%
|
n/a
|
|
|
Investors should consider factors that may be relevant to their circumstances, including tax considerations, before making any investments. Please note that past performance of an investment, is not a guide to future performance. Investment return and principal value may fluctuate with changing market conditions. Products described herein, may involve greater risk. Please meet with your Investment Advisor to discuss your personal situation. Where appropriate, please review a prospectus to obtain a complete outline of the terms and risks associated with mutual fund investments.
