According to company disclosure Rubrics Global Credit UCITS E has Holdings Turnover of 41.4%. This is 49.26% lower than that of the ACPI Shard Fixed Income Limited family, and about the same as Global Corporate Bond - EUR Hedged
(which currently averages 41.4) category, The Holdings Turnover for all funds is 19.25% higher than the company.
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Investor can think of Holding Turnover as percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.