Fact sheet: AB Global Real Est Secs Pfl

Fund information
Fund name
AB Global Real Estate Securities Portfolio A USD
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund manager
  • Global Real Estate Investment Policy Grpsince 28/02/1997
Fund objective
Seeks total return from long-term growth of capital and income by investing primarily in equity securities of real estate investment trusts (“REITs”), real estate operating companies (“REOCs”) and other real estate-related companies around the world employing a disciplined, bottom-up approach that combines fundamental research with proprietary quantitative tools to identify attractive investment opportunities, with an emphasis on valuation, leveraging a dedicated investment team as well as the global insights of AB’s worldwide research organization.
Benchmark
  • FTSE EPRA/ NAREIT Developed Real Estate
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-0.4%
1 Year rank in sector
23/44
Sector
FO Property - International
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
2%
Fund size
£41m (£44m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
98
Top in this sector
Fund name1 Year
SKAGEN SKAGEN m225.7%
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Fidelity Gbl Prop16.6%
HSBC GIF GblRlEstEqt16.1%
Oasis Crescent GlbProEq14.3%
...more in FO Property - International

Performance snapshot

Holdings snapshot

  • USA56.8%
    Japan9%
    Hong Kong8.3%
    International6.5%
    Australia6%
  • Others49.8%
    Offices - Property14.4%
    Shop - Property13.3%
    Retail - Property8.2%
    Health Care5.7%
  • Property Shares100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-9.3%-5%-0.4%10.7%42.8%
Sector0.1%-7.8%-2.6%1%22.3%48.7%
Rank within sector31 / 4427 / 4530 / 4523 / 4432 / 4223 / 34
Quartile3rd3rd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.4%-1.7%11.7%3.1%27.2%
Sector-0.1%4.3%16%0.9%21.8%
Rank within sector21 / 4433 / 4336 / 4216 / 4010 / 34
Quartile2nd4th4th2nd2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-3.19
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.95
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-0
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
10.34
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
3.52
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-1.01
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.88
Price movement
52 week high24.21
52 week low19.89
Current bid price-
Current offer price-
Current mid price21.63
Region
1USA56.76%
2Japan9%
3Hong Kong8.29%
4International6.52%
5Australia5.99%
6UK3.3%
7Germany3.11%
8France2.71%
9Canada2.21%
Industry sector
1Others49.75%
2Offices - Property14.42%
3Shop - Property13.33%
4Retail - Property8.17%
5Health Care5.74%
6Industrial - Property4.42%
7Warehousing & Real Estate4.17%
Asset type
1Property Shares100%
Individual holdings
1SIMON PROPERTY GROUP INC5.27%
2CHEUNG KONG PROPERTY HLDGS LTD2.75%
3AVALONBAY COMMUNITIES INC2.25%
4BOSTON PROPERTIES INC2.24%
5VENTAS INC2.06%
6CEDAR REALTY TRUST INC USD0.061.95%
7MITSUI FUDOSAN1.9%
8EXTRA SPACE STORAGE INC1.83%
9FEDERAL REALTY INVESTMENT TRUST SHS BNF INT NPV1.62%
Management
Fund manager group
AllianceBernstein
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund objective
Seeks total return from long-term growth of capital and income by investing primarily in equity securities of real estate investment trusts (“REITs”), real estate operating companies (“REOCs”) and other real estate-related companies around the world employing a disciplined, bottom-up approach that combines fundamental research with proprietary quantitative tools to identify attractive investment opportunities, with an emphasis on valuation, leveraging a dedicated investment team as well as the global insights of AB’s worldwide research organization.
Benchmark
  • FTSE EPRA/ NAREIT Developed Real Estate
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Global Real Estate Investment Policy Grp28/02/1997
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Gulf Cooperation Council, Hong Kong, Luxembourg, Offshore, Singapore
AB Global Real Estate Securities Portfolio 1 EUR
Initial charge-
Annual charge-
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.07
CurrencyEUR
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N4
AB Global Real Estate Securities Portfolio 1 GBP
Initial charge-
Annual charge-
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.23
CurrencyGBP
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N3
AB Global Real Estate Securities Portfolio 1 USD
Initial charge-
Annual charge0.95%
Min single investment£3,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.19
CurrencyUSD
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N5
AB Global Real Estate Securities Portfolio 1D EUR
Initial charge-
Annual charge-
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.07
CurrencyEUR
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N1
AB Global Real Estate Securities Portfolio 1D GBP
Initial charge-
Annual charge-
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.23
CurrencyGBP
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N0
AB Global Real Estate Securities Portfolio 1D USD
Initial charge-
Annual charge0.95%
Min single investment£3,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.19
CurrencyUSD
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N2
AB Global Real Estate Securities Portfolio 2 EUR
Initial charge-
Annual charge-
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.07
CurrencyEUR
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N7
AB Global Real Estate Securities Portfolio 2 GBP
Initial charge-
Annual charge-
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.23
CurrencyGBP
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N6
AB Global Real Estate Securities Portfolio 2 USD
Initial charge-
Annual charge0.95%
Min single investment£3,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.19
CurrencyUSD
Price updated18/12/2007
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8N8
AB Global Real Estate Securities Portfolio A EUR
Initial charge6.25%
Annual charge1.75%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price20.1
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXH68
AB Global Real Estate Securities Portfolio A SGD
Initial charge6.25%
Annual charge1.75%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price30.66
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCQJ8
AB Global Real Estate Securities Portfolio A USD
Initial charge6.25%
Annual charge1.75%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price21.63
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAO30
AB Global Real Estate Securities Portfolio AD USD
Initial charge6.25%
Annual charge1.5%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.68
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDJL
AB Global Real Estate Securities Portfolio ADH NZD
Initial charge6.25%
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.57
CurrencyNZD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFP0V
AB Global Real Estate Securities Portfolio ADH SGD
Initial charge6.25%
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.54
CurrencySGD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDJN
AB Global Real Estate Securities Portfolio AH AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.5
CurrencyAUD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFCKN
AB Global Real Estate Securities Portfolio B EUR
Initial charge-
Annual charge1.75%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)3.5%
Bid price-
Offer price-
Mid price17.14
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXH69
AB Global Real Estate Securities Portfolio B SGD
Initial charge-
Annual charge1.75%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)3.5%
Bid price-
Offer price-
Mid price26.14
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCQJ9
AB Global Real Estate Securities Portfolio B USD
Initial charge-
Annual charge1.5%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)3.5%
Bid price-
Offer price-
Mid price18.44
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAO31
AB Global Real Estate Securities Portfolio BD USD
Initial charge-
Annual charge1.5%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.67
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDJM
AB Global Real Estate Securities Portfolio BH AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.54
CurrencyAUD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFDJK
AB Global Real Estate Securities Portfolio C EUR
Initial charge-
Annual charge-
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.92
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4BM
AB Global Real Estate Securities Portfolio C SGD
Initial charge-
Annual charge-
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price24.28
CurrencySGD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4BN
AB Global Real Estate Securities Portfolio C USD
Initial charge-
Annual charge1.95%
Min single investment£2,000
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.13
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4BL
AB Global Real Estate Securities Portfolio I EUR
Initial charge1.5%
Annual charge0.95%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price22.83
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXH70
AB Global Real Estate Securities Portfolio I USD
Initial charge-
Annual charge1.95%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price24.57
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAO34
AB Global Real Estate Securities Portfolio ID USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.18
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEA5S
AB Global Real Estate Securities Portfolio S1 EUR
Initial charge-
Annual charge-
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price17.62
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3TQ
AB Global Real Estate Securities Portfolio S1 GBP
Initial charge-
Annual charge-
Min single investment£15,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.9
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3TP
AB Global Real Estate Securities Portfolio S1 USD
Initial charge-
Annual charge0.6%
Min single investment£25,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18.96
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF3TR
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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.