Fact sheet: CF Odey Absol Ret

Fund information
Fund name
CF Odey Absolute Return Inst GBP
Fund manager company
Odey Asset Management
Fund type
OEIC
Fund managers
  • Jamie Grimstonsince 01/11/2010
  • James Hanburysince 10/05/2009
Fund objective
The investment objective of the CF Odey Absolute Return Fund is to achieve a positive absolute return over a 12 month period independent of market conditions. Capital is at risk and there is no guarantee that a positive return will be delivered over any one or a number of 12 month periods.
Benchmark
  • MSCI Daily TR NET World
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-16.3%
1 Year rank in sector
71/72
Sector
UT Targeted 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.
0.92%
Fund size
£879m (£1,011m 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.
94
Mid price
282.75
Top in this sector
Fund name1 Year
Majedie Tortoise25.5%
Jupiter Absolute Return11.9%
CF Ruffer Absolute Return9.7%
7IM Unconstrained9.6%
IFSL Brooks Macdonald DC8.6%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.3%-12.5%-12.5%-16.3%-1.6%89.8%
Sector-0.2%-0.1%1.3%0.4%6%15.4%
Rank within sector72 / 7474 / 7471 / 7271 / 7251 / 581 / 47
Quartile4th4th4th4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-15.3%7.6%5.5%45.6%37.2%
Sector0.3%2.2%2.5%6.5%3.3%
Rank within sector71 / 7211 / 6719 / 581 / 531 / 47
Quartile4th1st2nd1st1st
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.
0.46
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.
0.26
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%.
11.74
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.
11.79
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.
-0.15
Price movement
52 week high350.42
52 week low281.23
Current bid price-
Current offer price-
Current mid price282.75
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1PLUS500 LTD8.9%
2AMAYA INC8.3%
3REGUS GROUP7.5%
4SOFTBANK GROUP CORP6.6%
5PLAYTECH PLC6.4%
6ISHARES PHYSICAL GOLD ETC4.8%
7SOURCE PHYSICAL GOLD USD4.8%
8SOURCE PHYSICAL GOLD USD4.8%
Management
Fund manager group
Odey
Fund manager company
Odey Asset Management
Fund type
OEIC
Fund objective
The investment objective of the CF Odey Absolute Return Fund is to achieve a positive absolute return over a 12 month period independent of market conditions. Capital is at risk and there is no guarantee that a positive return will be delivered over any one or a number of 12 month periods.
Benchmark
  • MSCI Daily TR NET World
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Jamie Grimston01/11/2010Jamie joined Odey in June 2010 to work with James Hanbury on the Odey UK Absolute Return Fund. From 2008-2010 Jamie was global pharmaceuticals and medical devices analyst at Orbis Investment Advisory Ltd. From 2004-2008 Jamie was an analyst/deal manager at FF&P Private Equity Ltd. Jamie graduated from St. Edmund Hall, Oxford where he read Biochemistry and is also a CFA Charterholder.
James Hanbury10/05/2009James joined Odey in October 2008 to launch the Odey UK strategy. From 2006-08 James was a partner and fund manager at ZA Capital, an equity hedge fund founded by a Schroder colleague Zafar Ahmadullah. From 2003-06 James was an equity analyst at Schroders covering the retail and leisure sectors. James graduated from Edinburgh University in 2003 and is a Chartered Financial Analyst.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Odey Absolute Return Hedged Inst Acc EUR
Initial charge4%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)9.17%
Bid price-
Offer price-
Mid price1.5942
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0P30
CF Odey Absolute Return Inst Acc USD
Initial charge4%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)8.79%
Bid price-
Offer price-
Mid price1.4937
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGQ7H
CF Odey Absolute Return Inst GBP
Initial charge4%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)9.53%
Bid price-
Offer price-
Mid price282.75
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFBB2
CF Odey Absolute Return Ret GBP
Initial charge4%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)10.24%
Bid price-
Offer price-
Mid price271.82
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFBB1
Data provided by

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