Fact sheet: BH Global

Fund information
Fund name
BH Global GBP
Fund manager company
Brevan Howard Capital Manageme
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
To seek consistent long-term capital appreciation through an investment policy of investing all of its assets (net of those expenses of the initial public offering borne by the Company and funds required for its short-term working capital requirements) in the Master Fund.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
1.3%
1 Year rank in sector
7/10
Sector
IT Hedge Funds
Yield
-
Fund size
£287m
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.
65
Mid price
1277.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
1432
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-10.79
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Acencia Debt Strategies Ltd16%
Boussard&Gavudn Hldg Ltd15.1%
Alt Liq11.5%
DW Ctlyt Ltd10.4%
BH Macro4%
...more in IT Hedge Funds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%6%1%1.3%7.5%7.5%
Sector0.6%7%14.3%21.8%13.6%19.3%
Rank within sector8 / 93 / 98 / 107 / 103 / 86 / 8
Quartile4th2nd4th3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-2.1%1.7%3.5%2.7%6.3%
Sector-0.1%15.9%-3.8%3.5%5.2%
Rank within sector9 / 97 / 103 / 95 / 85 / 8
Quartile4th3rd2nd3rd3rd
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.
2.42
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.
0.08
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%.
6.1
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.
7.83
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.
-0.28
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.
0.01
Price movement
52 week high1311
52 week low1181
Current bid price1270
Current offer price1285
Current mid price1277.5
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1DIRECT INVESTMENT PORTFOLIO55.5%
2BREVAN HOWARD MASTER FUND LIMITED28.3%
3BREVAN HOWARD ASIA MASTER FUND LIMITED8.7%
4BH-DG SYSTEMATIC TRADING MASTER FUND LIMITED (BHDGST)7.6%
Management
Fund manager group
Brevan Howard Offshore Mgmt
Fund manager company
Brevan Howard Capital Manageme
Fund type
Investment Trust
Fund objective
To seek consistent long-term capital appreciation through an investment policy of investing all of its assets (net of those expenses of the initial public offering borne by the Company and funds required for its short-term working capital requirements) in the Master Fund.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
No data available.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
BH Global 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 price1432
CurrencyGBX
Price updated06/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeNJRG
BH Global 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 price1419
CurrencyUSX
Price updated06/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeNLXY
Data provided by

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