Fact sheet: Candriam ALT RTN Systmt

Fund information
Fund name
Candriam ALTERNATIVE RETURN Systemat Classique
Fund manager company
Candriam
Fund type
Offshore Fund
Fund managers
  • Johann Mauchandsince 01/03/2013
  • Roland Juhelsince 01/01/2007
  • Steeve BRUMENTsince 01/01/2007
Fund objective
Candriam Alternative Return Systemat aims to exploit the trends of financial markets using proprietary statistical models. The fund invests through long and short positions in the major asset classes (equity indexes, short term rates, long term rates, foreign exchange and commodities), exclusively through future contracts traded on regulated markets. Alternative Return Systemat aims to achieve absolute performance, with a controlled volatility of between 12% and 14% over a 3 year recommended investment horizon.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
3.2%
1 Year rank in sector
26/125
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£140m
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.
108
Top in this sector
Fund name1 Year
Veritas Global Real Return26.2%
Nordea 1 Alpha 1523.1%
La Fayette Holdings22%
Avia Altus15.5%
Nordea 1 Multi-Asset14.8%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities25.6%
    Fixed Interest20.2%
    Other Metals14%
    Fishery, Agriculture & Forestry13.6%
    Currency12.7%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%1.7%2.4%3.2%27.6%17%
Sector-0.5%0.9%0.1%-1%5.6%6.1%
Rank within sector50 / 13348 / 14438 / 14126 / 12514 / 8314 / 69
Quartile2nd2nd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7.1%2.8%16%-1%-3.6%
Sector-0.4%-0.6%5.1%1.4%1.9%
Rank within sector12 / 13323 / 11510 / 9558 / 8669 / 77
Quartile1st1st1st3rd4th
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.
5.4
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.
1.95
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.
0.43
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%.
12.53
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.
12.02
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.
0.56
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.
0.1
Price movement
52 week high2030.54
52 week low1762.74
Current bid price-
Current offer price-
Current mid price1895.82
Region
No data available.
Industry sector
1Equities25.6%
2Fixed Interest20.2%
3Other Metals14%
4Fishery, Agriculture & Forestry13.6%
5Currency12.7%
6Energy8.7%
7Precious Metals & Stones5.2%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Dexia Asset Management
Fund manager company
Candriam
Fund type
Offshore Fund
Fund objective
Candriam Alternative Return Systemat aims to exploit the trends of financial markets using proprietary statistical models. The fund invests through long and short positions in the major asset classes (equity indexes, short term rates, long term rates, foreign exchange and commodities), exclusively through future contracts traded on regulated markets. Alternative Return Systemat aims to achieve absolute performance, with a controlled volatility of between 12% and 14% over a 3 year recommended investment horizon.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Johann Mauchand01/03/2013
Roland Juhel01/01/2007
Steeve BRUMENT01/01/2007Steeve Brument has been head of systematic funds at Candriam since 2007. He started his career in 1997 at Merrill Lynch´s private clients group before moving to Refco Securities as a futures and equity derivatives broker in 1999. Steeve joined Candriam as a systematic fund manager in 2001, at that point he started extensive research on trading systems and systematic portfolio allocation. In 2007, he became head of systematic funds, and after implementing most of his research, he pursued new research activities with his team. Steeve holds a masters degree from the Ecole Supérieure de Gestion-Finance in Paris.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
France, United Kingdom, Italy, Luxembourg, Offshore
Candriam ALTERNATIVE RETURN Systemat C Hedged USD
Initial charge0.1%
Annual charge1.31%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1500.94
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF96I
Candriam ALTERNATIVE RETURN Systemat Classique
Initial charge0.1%
Annual charge1.31%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1895.82
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF96G
Data provided by

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