Fact sheet: DB Platinum IVGAMAbRtEuEq

Fund information
Fund name
DB Platinum IV GAM Absolute Return Europe Equity R1C-E EUR
Fund manager company
Deutsche Asset Management SA
Fund type
Offshore Fund
Fund manager
  • Andy Kastnersince 31/10/2014
Fund objective
DB Platinum IV GAM Absolute Return Europe Equity (the “Fund”) is an open-ended UCITS compliant fund that seeks capital growth via a positive long-term return in both rising and falling financial markets. The Investment Manager of the Fund is Swiss & Global Asset Management AG (part of GAM Holding AG) (“GAM”). The Fund invests (long and short) in liquid equities and equity-related securities of European companies. The investment philosophy is based on a market neutral portfolio, spread driven performance and long/short pair trading in the same sector. The Investment Manager’s strategy focuses on stock selection with a disciplined and systematic investment approach through a combination of quant screening and thorough qualitative analysis. The strategy focuses primarily on equity securities of publicly traded companies, and may also invest in debt securities and other liquid instruments including cash and money market instruments. The Investment Manager seeks to generate returns primarily from individual security selection (”alpha”) as opposed to overall market exposure (”beta”). Derivative instruments (including both exchange-traded and over-thecounter derivatives, such as swaps, futures and options) may be used for investment and hedging purposes. Depending on market environments and subject to the investment restrictions, the Fund may, at the discretion of the Investment Manager, employ leverage in the construction of its portfolio. The Fund’s maximum expected level of leverage is 600% of the Fund’s NAV. The Fund's level of leverage may possibly be higher in a low market volatility environment.
Benchmark
  • 3 Month LIBOR
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-7%
1 Year rank in sector
116/128
Sector
FO Absolute Return
Yield
-
Fund size
£82m (£98m 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.
60
Top in this sector
Fund name1 Year
SW Mitchell Emerging European19.8%
Pioneer SICV-AbsRetBd14.7%
BlackRock SFAmDfEAbslRn12.6%
Polar Capital UK Abs Eq12.5%
Orbis Optimal SA11.7%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • France7.4%
    Germany7.3%
    Italy5%
    Spain2.9%
    Norway2.6%
  • Technology7.2%
    Cyclical Consumer Goods6.2%
    Industrials3.2%
    Utilities2.2%
    Non-Cyclical Consumer Goods1.6%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%0.3%-2%-7%--
Sector0.1%1.3%1.5%0.5%3.9%11%
Rank within sector59 / 138107 / 137122 / 135116 / 128--
Quartile2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-7.1%4.9%---
Sector0.6%0.7%1.2%3.6%3.9%
Rank within sector123 / 13225 / 116---
Quartile4th1st
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.
-
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.
-
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 high10661.92
52 week low9693.26
Current bid price-
Current offer price-
Current mid price9874.43
Region
1France7.39%
2Germany7.32%
3Italy5%
4Spain2.92%
5Norway2.61%
6Switzerland2.19%
7Denmark0.6%
8Sweden0.26%
9Russia-0.09%
Industry sector
1Technology7.2%
2Cyclical Consumer Goods6.22%
3Industrials3.15%
4Utilities2.24%
5Non-Cyclical Consumer Goods1.56%
6Basic Materials0.78%
7Financials-0.08%
8Communications-1.43%
9Energy-1.99%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
DWS Investment
Fund manager company
Deutsche Asset Management SA
Fund type
Offshore Fund
Fund objective
DB Platinum IV GAM Absolute Return Europe Equity (the “Fund”) is an open-ended UCITS compliant fund that seeks capital growth via a positive long-term return in both rising and falling financial markets. The Investment Manager of the Fund is Swiss & Global Asset Management AG (part of GAM Holding AG) (“GAM”). The Fund invests (long and short) in liquid equities and equity-related securities of European companies. The investment philosophy is based on a market neutral portfolio, spread driven performance and long/short pair trading in the same sector. The Investment Manager’s strategy focuses on stock selection with a disciplined and systematic investment approach through a combination of quant screening and thorough qualitative analysis. The strategy focuses primarily on equity securities of publicly traded companies, and may also invest in debt securities and other liquid instruments including cash and money market instruments. The Investment Manager seeks to generate returns primarily from individual security selection (”alpha”) as opposed to overall market exposure (”beta”). Derivative instruments (including both exchange-traded and over-thecounter derivatives, such as swaps, futures and options) may be used for investment and hedging purposes. Depending on market environments and subject to the investment restrictions, the Fund may, at the discretion of the Investment Manager, employ leverage in the construction of its portfolio. The Fund’s maximum expected level of leverage is 600% of the Fund’s NAV. The Fund's level of leverage may possibly be higher in a low market volatility environment.
Benchmark
  • 3 Month LIBOR
Investment style
Absolute Return
Investment method
Shares
Fund manager
NameSinceBiography
Andy Kastner31/10/2014Andy Kastner is the lead portfolio manager of the Sub-Fund. He joined Swiss & Global Asset Management (formerly Julius Baer Asset Management) in July 2008. In his role as Portfolio Manager Equities Europe he manages European equity funds and mandates. Previously he worked as a fund manager for several theme and sector funds at Credit Suisse for seven years. Prior to that, he was an analyst and portfolio manager covering European equities at Bank Vontobel. He started his career at UBS in different functions in investment research and asset management. He holds a Master in Banking and Finance from the University of Zurich and is a CFA Charterholder and a holder of the CAIA diploma.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
DB Platinum IV GAM Absolute Return Europe Equity I1C-C CHF
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.42
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE68M
DB Platinum IV GAM Absolute Return Europe Equity I1C-C CHF EUR
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price86.86
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE68L
DB Platinum IV GAM Absolute Return Europe Equity I1C-E EUR
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.8
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOXT
DB Platinum IV GAM Absolute Return Europe Equity I1C-G GBP
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price93.6
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4ZU
DB Platinum IV GAM Absolute Return Europe Equity I1C-G GBP EUR
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.06
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4ZT
DB Platinum IV GAM Absolute Return Europe Equity I1C-U EUR
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.33
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOXU
DB Platinum IV GAM Absolute Return Europe Equity I1C-U USD
Initial charge-
Annual charge1.34%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.42
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOXV
DB Platinum IV GAM Absolute Return Europe Equity I2C-C CHF
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.35
CurrencyCHF
Price updated12/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOYC
DB Platinum IV GAM Absolute Return Europe Equity I2C-C EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price91.25
CurrencyEUR
Price updated12/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOYB
DB Platinum IV GAM Absolute Return Europe Equity I2C-E EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.08
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOXY
DB Platinum IV GAM Absolute Return Europe Equity I2C-G EUR
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.61
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOXW
DB Platinum IV GAM Absolute Return Europe Equity I2C-G GBP
Initial charge-
Annual charge0.84%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.94
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOXX
DB Platinum IV GAM Absolute Return Europe Equity R1C-E EUR
Initial charge5%
Annual charge2.05%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9874.43
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOXQ
DB Platinum IV GAM Absolute Return Europe Equity R1C-U EUR
Initial charge5%
Annual charge2.05%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8830.81
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOXR
DB Platinum IV GAM Absolute Return Europe Equity R1C-U USD
Initial charge5%
Annual charge2.05%
Min single investment£0
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9926.71
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOXS
Data provided by

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