Fact sheet: AB MltStrgAlpPrtf

Fund information
Fund name
AB Multi-Strategy Alpha Portfolio A Acc USD
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The fund Seeks long-term capital appreciation by investing in a diversified, global portfolio of alternative hedge fund investment strategies, including long/short equities, special situation/event-driven investments, relative-value credit and global macro ,providing access to experienced hedge-fund managers with a strong track record, full position-level transparency and UCITS risk-management oversight ,employing multiple strategies in a single portfolio in order to seek higher risk-adjusted returns with lower sensitivity to equity and fixed-income markets.
Benchmark
  • 3 month US Dollar Libor
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
5.6%
1 Year rank in sector
23/135
Sector
FO Hedge/Stru Prod - Mixed
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.
2.9%
Fund size
£141m (£138m 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.
83
Top in this sector
Fund name1 Year
H2O MultiStrategies31.9%
Castellain Value24.1%
Garraway Fn Trds23.7%
GLG Mkt Neutral23.2%
LFIS VisionPremiaOpps16.5%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • Others46.5%
    North America42.4%
    Europe11.3%
    Latin America0.5%
    Africa0.1%
  • Others43.2%
    High Yield Bond15.5%
    Information Technology10%
    Materials9.2%
    Consumer Discretionary6.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%0.7%4.3%5.6%--
Sector0.1%0.7%0.8%1.1%3.8%6.6%
Rank within sector25 / 15066 / 15420 / 14423 / 135--
Quartile1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.8%2.9%---
Sector0.9%-0.5%-0.6%5.1%1.4%
Rank within sector27 / 15331 / 126---
Quartile1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high15.26
52 week low14.15
Current bid price-
Current offer price-
Current mid price15.18
Region
1Others46.5%
2North America42.38%
3Europe11.25%
4Latin America0.52%
5Africa0.07%
6Middle East-0.14%
7Asia Pacific-0.58%
Industry sector
1Others43.18%
2High Yield Bond15.52%
3Information Technology10.03%
4Materials9.15%
5Consumer Discretionary6.53%
6Industrials5.15%
7Government Bonds4.91%
8Financials3.65%
9Mortgage & Secured Bonds0.85%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
AllianceBernstein
Fund manager company
AllianceBernstein (LUX) S.A
Fund type
Offshore Fund
Fund objective
The fund Seeks long-term capital appreciation by investing in a diversified, global portfolio of alternative hedge fund investment strategies, including long/short equities, special situation/event-driven investments, relative-value credit and global macro ,providing access to experienced hedge-fund managers with a strong track record, full position-level transparency and UCITS risk-management oversight ,employing multiple strategies in a single portfolio in order to seek higher risk-adjusted returns with lower sensitivity to equity and fixed-income markets.
Benchmark
  • 3 month US Dollar Libor
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore
AB Multi-Strategy Alpha Portfolio A Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.18
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFW0E
AB Multi-Strategy Alpha Portfolio AH EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.35
CurrencyEUR
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE12F
AB Multi-Strategy Alpha Portfolio I Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.52
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW0F
AB Multi-Strategy Alpha Portfolio IH
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.71
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3TU
AB Multi-Strategy Alpha Portfolio S Acc 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 price15.63
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW0G
AB Multi-Strategy Alpha Portfolio S1 Acc 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 price15.41
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW0H
AB Multi-Strategy Alpha Portfolio SQD Inc 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 price15.14
CurrencyUSD
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFW0I
Data provided by

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