Fact sheet: BMO Gbl Eq Mkt Neut SICV

Fund information
Fund name
BMO Global Equity Market Neutral (SICAV) A Acc USD
Fund manager company
F&C Lux (BMO Global Asset Mana
Fund type
Offshore Fund
Fund managers
  • Erik Rubinghsince 08/04/2016
  • Christopher Childssince 08/04/2016
Fund objective
The Fund aims to deliver a positive absolute return in the form of capital growth, over the medium term in all market conditions. The period that the Fund aims to achieve a positive return is three years. The Fund will implement the absolute return strategy by investing in derivatives on customised baskets of global equity securities using a systematic stock selection process to hold positions in the investments it favours and a short positions to the investments it does not favour.
Benchmark
  • 3mth LIBOR USD
Investment style
Market Neutral,Absolute Return
Investment method
Equity
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Equity
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.
2.15%
Fund size
£0m
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS21.8%
Ennismore Eurpn Smallar Cos19.8%
Income Partners AllSeasnAsCred18.7%
BlackRock SF Asia Extnn16.9%
Majedie Tortoise16.9%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.5%----
Sector0.5%1.7%1.2%-1%5.4%15.6%
Rank within sector47 / 12073 / 122----
Quartile2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-1.8%2.7%2.5%7.1%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.
-
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.
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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.
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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 high10
52 week low9.38
Current bid price-
Current offer price-
Current mid price9.58
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
F&C
Fund manager company
F&C Lux (BMO Global Asset Mana
Fund type
Offshore Fund
Fund objective
The Fund aims to deliver a positive absolute return in the form of capital growth, over the medium term in all market conditions. The period that the Fund aims to achieve a positive return is three years. The Fund will implement the absolute return strategy by investing in derivatives on customised baskets of global equity securities using a systematic stock selection process to hold positions in the investments it favours and a short positions to the investments it does not favour.
Benchmark
  • 3mth LIBOR USD
Investment style
Market Neutral,Absolute Return
Investment method
Equity
Fund managers
NameSinceBiography
Erik Rubingh08/04/2016Erik Rubingh is Head of the Systematic Strategies team. He joined the company in July 2007. Prior to joining the firm, Erik worked at ABP Investments (now APG Investments), first as Senior Portfolio Manager in the Global Quantitative Strategies Group and later as Head of that group. Erik graduated from Groningen University with an MSc in Econometrics. He is also a CFA charterholder.
Christopher Childs08/04/2016Chris Childs is a Director within the Multi-Strategy team. He joined the company in 1993 and has been the lead manager of the award-winning F&C HVB-Stiftungsfonds since its inception in 2001. Chris is a graduate of the Bristol Business School and holds a Masters with distinction in Finance & Investment from Exeter University.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
BMO Global Equity Market Neutral (SICAV) A Acc USD
Initial charge5%
Annual charge1.8%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.58
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7UZ
BMO Global Equity Market Neutral (SICAV) A Hedged Acc EUR
Initial charge5%
Annual charge1.8%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.51
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE7VD
BMO Global Equity Market Neutral (SICAV) A Hedged Acc NOK
Initial charge5%
Annual charge1.8%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.08
CurrencyNOK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA5J
BMO Global Equity Market Neutral (SICAV) A Hedged Acc SEK
Initial charge5%
Annual charge1.8%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.06
CurrencySEK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA5I
BMO Global Equity Market Neutral (SICAV) A Hedged Inc EUR
Initial charge5%
Annual charge1.8%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.07
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE9PR
BMO Global Equity Market Neutral (SICAV) A Inc USD
Initial charge5%
Annual charge1.8%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.58
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7VA
BMO Global Equity Market Neutral (SICAV) F Acc USD
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.06
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8QF
BMO Global Equity Market Neutral (SICAV) F Hedged Acc EUR
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.58
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7VF
BMO Global Equity Market Neutral (SICAV) F Hedged Acc GBP
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.08
CurrencyGBP
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8QD
BMO Global Equity Market Neutral (SICAV) F Hedged Acc NOK
Initial charge-
Annual charge0.4%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.95
CurrencyNOK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8QE
BMO Global Equity Market Neutral (SICAV) I Acc USD
Initial charge5%
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.6
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7VB
BMO Global Equity Market Neutral (SICAV) I Hedged Acc EUR
Initial charge5%
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.56
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7VE
BMO Global Equity Market Neutral (SICAV) I Hedged Acc NOK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.06
CurrencyNOK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAKV
BMO Global Equity Market Neutral (SICAV) I Hedged Acc SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.04
CurrencySEK
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAKU
BMO Global Equity Market Neutral (SICAV) I Hedged Inc EUR
Initial charge-
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1
CurrencyEUR
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE9PS
BMO Global Equity Market Neutral (SICAV) I Inc USD
Initial charge5%
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.63
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7VC
BMO Global Equity Market Neutral (SICAV) P Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.11
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAKR
BMO Global Equity Market Neutral (SICAV) P Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAKT
BMO Global Equity Market Neutral (SICAV) R Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.12
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAKQ
BMO Global Equity Market Neutral (SICAV) R Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEAKS
BMO Global Equity Market Neutral (SICAV) X Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.74
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE7VG
Data provided by

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