Fact sheet: Avia Altus

Fund information
Fund name
Avia Altus B GBP
Fund manager company
Aria Structured Investments
Fund type
Offshore Fund
Fund managers
  • Scott Levysince 19/09/2007
  • David Barclay Millersince 19/09/2007
Fund objective
The fund provides a guaranteed yield of 5.75% per annum, automatically reinvested. Automatic reinvestment over the initial period to Sept 2013 would equate to an AER of around 6.0% per annum.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Commodity/Energy, Equity
Quick stats
1 Year return
13.8%
1 Year rank in sector
4/124
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£70m
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.
99
Top in this sector
Fund name1 Year
LFIS VisionPremiaOpps19.4%
Castellain Value16.6%
Avia Altus14.6%
Garraway Garr FT14.5%
Nordea 1 Alpha 1510.8%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-7.3%-0.7%6.9%13.8%0.1%-17.6%
Sector-0.1%-1.6%-0.5%-1.7%3.5%6.6%
Rank within sector119 / 12171 / 1437 / 1384 / 12448 / 8366 / 68
Quartile4th2nd1st1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8.9%-6.4%-0.7%-10.3%-5.6%
Sector-1.3%-0.6%5.1%1.4%1.9%
Rank within sector7 / 12796 / 10873 / 8979 / 8170 / 72
Quartile1st4th4th4th4th
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.
-0.37
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.
0.84
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%.
10.68
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.
10.55
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.
-0.1
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.
0.03
Price movement
52 week high6.33
52 week low5.18
Current bid price-
Current offer price-
Current mid price5.8
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Aria Structured Investments
Fund manager company
Aria Structured Investments
Fund type
Offshore Fund
Fund objective
The fund provides a guaranteed yield of 5.75% per annum, automatically reinvested. Automatic reinvestment over the initial period to Sept 2013 would equate to an AER of around 6.0% per annum.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Commodity/Energy, Equity
Fund managers
NameSinceBiography
Scott Levy19/09/2007Scott Levy has degrees in economics and history from Cambridge University has developed a unique understanding of the international financial services market and its varied needs. His work has been with investment banks, fund managers, retail banks and life and pensions companies, around both the developed and developing world. As a consultant and service provider, he has held most major positions in specialist companies including CEO, CFO, CIO, and run business development and international marketing programmes. Scott has nearly 20 years experience in offshore and retail financial services, product development, sales and marketing, operations and IT. Formerly CEO of an industry leading software company for offshore life companies, Scott Levy is an established commentator and activist on behalf of the UK life industry as well as the full-time role of co-managing the Aria Dynamic Growth Protected Fund along with the Aria Absolute Income Protected & GEMs Protected Funds.
David Barclay Miller19/09/2007David Barclay-Miller was educated in sciences at Canterbury University New Zealand and now has over 23 years of experience spanning the entire spectrum of international financial services including, having been the head of institutional derivative sales in a major London City investment bank/brokerage (James Capel & Co) and a senior partner marketing equity derivatives in London and Hong Kong with both James Capel and Nomura International. David Barclay-Miller has owned his own offshore life insurance company, and founded and run an actuarial consultancy, introducing and developing the securitisation of life insurance products in the USA/UK, and he has also founded a hedge fund trading credit & reinsurance. David Barclay-Miller for the last 7 years been providing specialist financial consulting services in the development of innovative structured investments, working with investment banks, deposit takers, and asset managers to deliver multi-asset investment solutions to large groups of regulated financial intermediaries and their clients. David is the full-time co-manager of the Aria Dynamic Growth along with the Aria Absolute Income Protected Fund and GEMs Protected Fund.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
Avia Altus A Dis GBP
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 price8.83
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGLQT
Avia Altus A GBP
Initial charge-
Annual charge1.35%
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.67
CurrencyGBP
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE6X2
Avia Altus A1 GBP
Initial charge2%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price9.07
CurrencyGBP
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG3T1
Avia Altus B GBP
Initial charge2%
Annual charge1.35%
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price5.8
CurrencyGBP
Price updated29/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBTH2
Avia Altus B1 GBP
Initial charge2%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price5.96
CurrencyGBP
Price updated29/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG3T2
Avia Altus C EUR
Initial charge2%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price11.51
CurrencyEUR
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDZ2
Avia Altus D 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 price7.88
CurrencyEUR
Price updated29/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDZ3
Avia Altus E USD
Initial charge2%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price12.36
CurrencyUSD
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDZ4
Avia Altus G CHF
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 price13.58
CurrencyCHF
Price updated11/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFDZ6
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.