GlobalAccess Glbl Fundamental Relationships

The Drivers Module shows relationships between GlobalAccess Glbl's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of GlobalAccess Glbl Hi Yld Bd B Acc over time as well as its relative position and ranking within its peers. Please also check Risk vs Return Analysis.

GlobalAccess Glbl Hi Holdings Turnover vs. One Year Return Fundamental Analysis

GlobalAccess Glbl Hi Yld Bd B Acc is currently considered the top fund in one year return among similar funds. It is currently considered the top fund in holdings turnover among similar funds reporting about  36.49  of Holdings Turnover per One Year Return.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
GlobalAccess Glbl 
One Year Return 
 = 
(Mean of Monthly Returns - 1) 
X  
100% 
=
6.18 %
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the fund total holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.
GlobalAccess Glbl 
Holding Turnover 
 = 
Year Cash Flow 
Net Asset 
X
100 
=
225.50 %
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.

GlobalAccess Glbl Hi Holdings Turnover Comparison

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