Fact sheet: Abs Insight EqMktNeut

Fund information
Fund name
Absolute Insight Equity Market Neutral B3p GBP
Fund manager company
Insight Investment Management
Fund type
OEIC
Fund managers
  • Andrew Cawkersince 22/04/2003
  • Matthew Cookesince 01/10/2009
  • David Headlandsince 23/08/2010
  • Gareth Jenkinssince 12/05/2014
  • Richard Howarthsince 01/05/2004
  • Iain Brownsince 29/07/2002
Fund objective
The investment objective of the Fund is to provide attractive, positive, absolute returns in all market conditions.
Benchmark
  • LIBID GBP 3 month
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
0.1%
1 Year rank in sector
-
Sector
FO Absolute Return
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.
1.16%
Fund size
£785m (£720m 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.
8
Top in this sector
Fund name1 Year
SW Mitchell Emerging European18.3%
Pioneer SICV-AbsRetBd16.1%
Polar Capital UK Abs Eq14.6%
BlackRock SFAmDfEAbslRn13.7%
Orbis Optimal SA11%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • France1.5%
    Netherlands1.2%
    USA0.9%
    Italy0.7%
    Ireland0.4%
  • Financials1.9%
    Health Care1.7%
    Information Technology0.7%
    Telecommunications Utilities0.7%
    Materials0.2%
  • Money Market69.5%
    Cash & Cash Equivalents23.6%
    Equities7.4%
    Futures-0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%0.8%0.6%0.1%3.6%9.7%
Sector0.1%1.4%1.5%0.3%3.7%10.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-0%1.6%0.7%3.5%3.6%
Sector0.5%0.7%1.2%3.6%3.9%
Rank within sector-----
Quartile
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.
0.76
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.
0.1
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%.
1.31
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.
2.14
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.
-0.27
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.
0.02
Price movement
52 week high1.21
52 week low1.19
Current bid price-
Current offer price-
Current mid price1.2
Region
1France1.53%
2Netherlands1.16%
3USA0.86%
4Italy0.71%
5Ireland0.45%
6Sweden0.42%
7Belgium0.11%
8Austria0.01%
9Czech Republic0%
Industry sector
1Financials1.88%
2Health Care1.69%
3Information Technology0.71%
4Telecommunications Utilities0.69%
5Materials0.18%
6Consumer Staples0.12%
7Consumer Discretionary-0.05%
8Utilities-0.18%
9Energy-0.5%
Asset type
1Money Market69.5%
2Cash & Cash Equivalents23.6%
3Equities7.4%
4Futures-0.5%
Individual holdings
1INSIGHT LIQUIDITY FUNDS ILF GBP LIQUIDITY `II`FD CLS`2`SHS9.47%
2 BNP PARIBAS LONDON BRANCH2.97%
3ING BANK NV 11/16 0.56 FIXED2.97%
4NORDEA BANK AB2.97%
5SUMITOMO MITSUI BANKING2.97%
6CREDIT AGRICOLE INDOSUEZ 0.65% CT OF DEP 16/08/10 GBP0.012.38%
7DANSKE BANK A/S 11/16 0.772.38%
8DZ BANK AG DEUTSCHE 08/16 0.62 FIXED2.38%
9LLOYDS BANK FRN 09/162.38%
Management
Fund manager group
Insight Invest Mgt (Gbl)
Fund manager company
Insight Investment Management
Fund type
OEIC
Fund objective
The investment objective of the Fund is to provide attractive, positive, absolute returns in all market conditions.
Benchmark
  • LIBID GBP 3 month
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Cawker22/04/2003Andrew joined the UK equity team at Insight in April 2003 and is responsible for the management of UK equity long / short portfolios. Prior to Insight, Andrew was an Associate Partner at Invesco Global Asset Management (Amvescap plc) where he was involved in developing specialist UK equity business alongside the management of a range of UK and global equity portfolios. He was also responsible for pan-European analysis for the retail, food, beverages and tobacco sectors. Andrew began his investment career at Prudential Portfolio Managers in 1988, ultimately becoming a Director, with responsibility for UK equities. He holds a BA honours degree in Business Studies from the City of London Polytechnic.
Matthew Cooke01/10/2009Matthew joined Insight in September 2005 as a graduate trainee and completed rotations in fixed income before joining the equity team in 2005 as a UK investment analyst. He became a UK small cap portfolio manager in 2007 before transitioning to focus on absolute return in 2009. Matthew holds a BSc honours degree in Economics with Accounting from Loughborough University, as well as the Investment Management Certificate from the CFA Society of the UK. He is a CFA charterholder.
David Headland23/08/2010David joined Insight in 2002 as a portfolio manager within the European equity team. He has particular expertise in telecommunications and southern European markets, developed whilst at Morley Fund Management where he was a highly successful European portfolio manager. David began his career with Norwich Union in 1998, specialising in European markets. He graduated from Leeds University and holds a BA honours degree in Economics and is an Associate Member of the UK Society of Investment Professionals.
Gareth Jenkins12/05/2014
Richard Howarth01/05/2004Richard joined the UK equity team at Insight in January 2002 and is responsible for the management of UK equity long/short portfolios. Prior to joining Insight, he held a fund management role at Brewin Dolphin for five years. He began his career as trainee portfolio manager with Capel-Cure Myers Capital in 1994. Richard holds a BA honours degree in Economics from the University of Nottingham and is an Associate Member of the UK Society of Investment Professionals.
Iain Brown29/07/2002Iain joined the UK equity team at Insight in July 2002 and is responsible for the management of UK equity long / short portfolios. Before joining Insight, he spent six years at Norwich Union Investment Management, latterly as Head of Institutional Investment. Prior to this he spent eight years at CIN / Goldman Sachs as a portfolio manager. Iain began his career as an investment analyst with Credit Lyonnais in 1987 following a number of short-term roles, including two years with stockbroker, Charlton Seal. Iain holds a MA degree in Geography from Fitzwilliam College, Cambridge University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, France, United Kingdom, Guernsey, Ireland, Israel, Italy, Luxembourg, Netherlands, Offshore, Portugal, Sweden
Absolute Insight Equity Market Neutral AP Acc
Initial charge-
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9582
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK6WW
Absolute Insight Equity Market Neutral AP EUR
Initial charge-
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price1.0567
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFEA5
Absolute Insight Equity Market Neutral AP GBP
Initial charge-
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price1.1391
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeD8Q4
Absolute Insight Equity Market Neutral AP USD
Initial charge-
Annual charge1.5%
Min single investment£4,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0051
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6MV
Absolute Insight Equity Market Neutral B1p EUR
Initial charge4%
Annual charge1%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.29%
Bid price-
Offer price-
Mid price1.2587
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBKR0
Absolute Insight Equity Market Neutral B1p GBP
Initial charge4%
Annual charge1%
Min single investment£3,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price1.2347
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB9D4
Absolute Insight Equity Market Neutral B1p USD
Initial charge4%
Annual charge1%
Min single investment£4,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0589
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSBM
Absolute Insight Equity Market Neutral B2p Acc
Initial charge-
Annual charge0.85%
Min single investment£15,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9768
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK6WX
Absolute Insight Equity Market Neutral B2p EUR
Initial charge-
Annual charge0.85%
Min single investment£25,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price1.1018
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFII1
Absolute Insight Equity Market Neutral B2p GBP
Initial charge-
Annual charge0.85%
Min single investment£15,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.14%
Bid price-
Offer price-
Mid price1.2353
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC2I5
Absolute Insight Equity Market Neutral B2p USD
Initial charge-
Annual charge0.85%
Min single investment£25,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price1.1026
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM7D7
Absolute Insight Equity Market Neutral B3p EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeJTWS
Absolute Insight Equity Market Neutral B3p GBP
Initial charge-
Annual charge0.75%
Min single investment£125,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price1.204
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDMQ4
Absolute Insight Equity Market Neutral B3p Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£125,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price1.1367
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIKX3
Absolute Insight Equity Market Neutral B3p USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeJTWT
Absolute Insight Equity Market Neutral B4p Acc EUR
Initial charge4%
Annual charge0.65%
Min single investment£250,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0177
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJDJT
Absolute Insight Equity Market Neutral B4p Inc GBP
Initial charge4%
Annual charge0.65%
Min single investment£250,000,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0688
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI0YF
Absolute Insight Equity Market Neutral S EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price1.121
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0I4A
Absolute Insight Equity Market Neutral S GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)0.16%
Bid price-
Offer price-
Mid price1.4425
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBKT5
Absolute Insight Equity Market Neutral S USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price1.1389
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GP4
Data provided by

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