Fact sheet: AHFM Defined Returns

Fund information
Fund name
AHFM Defined Returns B
Fund manager company
Atlantic House Fund Management
Fund type
OEIC
Fund manager
No data available.
Fund objective
The investment objective of the Fund is to generate income from and growth in the value of its shares over the medium to longer term. The Fund aims to meet its objectives via exposure to a diversified portfolio of defined return investments linked to global equity indices. It will invest primarily in a mixture of Transferable Securities (corporate bonds and government bonds rated at least BBB- by Standard and Poors at outset), Financial Derivative Instruments (FDIs) exposed to global equity indices and cash to gain this exposure. At outset, a defined return investment will only be eligible for inclusion if it provides for a long-term positive return in anything but the bleakest of market conditions. However, investors should be aware that capital is at risk and in the event of very poor equity market performance over a sustained period it is possible that the Fund could generate negative returns. The use of FDIs means that the Fund will employ leverage. The Fund may take a long exposure, meaning that it will invest directly, or take investment exposure via FDIs, in a security or securities (i.e. equities) with a view that their value will rise. The Fund may also take a short exposure for hedging purposes, via FDIs, thus benefitting the fund from a fall in value in a security or securities. Any short exposure within the fund may be up to 100% of the Net Asset Risk and Reward Profile 1234567 value. However, it is intended that the Fund will be managed to operate in normal market conditions within a range of 100% long exposure and 0% short exposure.
Benchmark
No data available.
Investment style
None
Investment method
Mixed
Quick stats
1 Year return
16.8%
1 Year rank in sector
10/122
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Fund size
£244m
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.
75
Top in this sector
Fund name1 Year
Stratton Street Japan Syn Warrant49.6%
MontLake ToscaMiCaUCITS42.7%
Candriam GFUS Eq Opp31.7%
BlackRock SF Asia Extnn22.8%
Fundlogic MS Alkn UCTS22.4%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%4.1%10.2%16.8%24.9%-
Sector0.6%1%2.8%3.5%6.4%15.9%
Rank within sector55 / 14222 / 14016 / 13510 / 12210 / 79-
Quartile2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund6.5%11.8%4.4%3.3%-
Sector2.6%-2%2.7%2.5%7.1%
Rank within sector25 / 13610 / 11439 / 9235 / 75-
Quartile1st1st2nd2nd
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.
4.75
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.
1.58
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.
0.6
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%.
7.07
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.
5.28
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.
1.08
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.
0.51
Price movement
52 week high1.29
52 week low1.05
Current bid price-
Current offer price-
Current mid price1.29
Region
1Others54.53%
2UK21.97%
3Europe ex UK14.19%
4Switzerland4.37%
5North America3.13%
6Japan1.24%
7Asia0.48%
8Canada0.09%
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1GILT BACKED FTSE/SMI DEF AUTOCALL (9.00%)5.11%
2GILT BACKED FTSE/SX5E/SMI DEF AUTOCALL (9.50%)5.11%
3GILT BACKED FTSE/SX5E DEF AUTOCALL (8.50%)4.98%
4GILT BACKED FTSE/SPX/SX5E DEF AUTOCALL (8.00%)4.7%
Management
Fund manager group
No data available.
Fund manager company
Atlantic House Fund Management
Fund type
OEIC
Fund objective
The investment objective of the Fund is to generate income from and growth in the value of its shares over the medium to longer term. The Fund aims to meet its objectives via exposure to a diversified portfolio of defined return investments linked to global equity indices. It will invest primarily in a mixture of Transferable Securities (corporate bonds and government bonds rated at least BBB- by Standard and Poors at outset), Financial Derivative Instruments (FDIs) exposed to global equity indices and cash to gain this exposure. At outset, a defined return investment will only be eligible for inclusion if it provides for a long-term positive return in anything but the bleakest of market conditions. However, investors should be aware that capital is at risk and in the event of very poor equity market performance over a sustained period it is possible that the Fund could generate negative returns. The use of FDIs means that the Fund will employ leverage. The Fund may take a long exposure, meaning that it will invest directly, or take investment exposure via FDIs, in a security or securities (i.e. equities) with a view that their value will rise. The Fund may also take a short exposure for hedging purposes, via FDIs, thus benefitting the fund from a fall in value in a security or securities. Any short exposure within the fund may be up to 100% of the Net Asset Risk and Reward Profile 1234567 value. However, it is intended that the Fund will be managed to operate in normal market conditions within a range of 100% long exposure and 0% short exposure.
Benchmark
No data available.
Investment style
None
Investment method
Mixed
Fund manager
No data available.
Compliance
Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
AHFM Defined Returns B
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price1.2942
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK9JX
AHFM Defined Returns I
Initial charge-
Annual charge0.55%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0169
CurrencyGBP
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNTV7
Data provided by

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