Fact sheet: AB MltStrgAlpPrtf

Fund information
Fund name
AB Multi-Strategy Alpha Portfolio A
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
No data available.
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
-0.8%
1 Year rank in sector
136/150
Sector
FO Mixed Asset - Flexible
Yield
-
Fund size
£138m (£138m last year)
Top in this sector
Fund name1 Year
Investec EmrgMktsMA29.9%
HSBC Pfl World Seltn 426.8%
Northstar Mgd Stg25.6%
Smith & Williamson Mid-OceanWdInv23.3%
Baring Dynamic Emg Mkts21.9%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • North America67.8%
    Asia Pacific15.2%
    International11.6%
    Europe5.9%
    Latin America0.5%
  • Others52.9%
    High Yield Bond15.1%
    Information Technology8%
    Materials7.3%
    Consumer Discretionary4.9%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%2%2.1%-0.8%--
Sector0.3%3.5%4.3%4.7%10.9%27.8%
Rank within sector85 / 165128 / 166127 / 159136 / 150--
Quartile3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.5%----
Sector3.2%-0.1%5%6.8%6.9%
Rank within sector95 / 155----
Quartile3rd
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 high14.84
52 week low13.91
Current bid price-
Current offer price-
Current mid price14.58
Region
1North America67.78%
2Asia Pacific15.17%
3International11.63%
4Europe5.9%
5Latin America0.52%
6Africa-0.1%
7Middle East-0.9%
Industry sector
1Others52.94%
2High Yield Bond15.14%
3Information Technology8.02%
4Materials7.26%
5Consumer Discretionary4.94%
6Health Care4.84%
7Consumer Staples3.37%
8Government Bonds1.76%
9Investment Grade Corporate Bonds0.83%
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
No data available.
Investment style
Flexible
Investment method
None
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
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 price14.58
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFW0E
AB Multi-Strategy Alpha Portfolio A H EUR
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 price14.86
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE12F
AB Multi-Strategy Alpha Portfolio I
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 price14.84
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW0F
AB Multi-Strategy Alpha Portfolio S
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 price14.87
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW0G
AB Multi-Strategy Alpha Portfolio S1
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 price14.72
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFW0H
AB Multi-Strategy Alpha Portfolio SQD
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 price14.77
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFW0I
Data provided by

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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.