Fact sheet: ESA RPM Evolving CTA

Fund information
Fund name
ESA RPM Evolving CTA E-R SEK
Fund manager company
European SICAV Alliance
Fund type
Offshore Fund
Fund manager
  • Investment Committeesince 06/08/2014
Fund objective
The RPM Evolving CTA Fund’s objective is to achieve for its share-holders long-term capital appreciation primarily through trading on the worlds organized futures, options, spot and forward markets. The RPM Evolving CTA Fund will construct a diversified investment portfolio investing in Managed Futures which may comprise of, but is not limited to, Futures on indices, interest rates, currencies, metals, soft commodities, grains, energy and bonds. The RPM Evolving CTA Fund invests in CTA managers in their most promising development stage as identified by the investment manager. The Fund will allocate to three different CTA sub-strategies; Trend Following (TF), Short-Term (ST), and Fundamental (FT). Through a systematic investment process, the investment manager identifies CTAs that are in their so called “Evolving Phase”. This has historically proven to be the most promising period for CTA managers from a risk/return perspective. Typically, CTAs in the Evolving Phase have two to seven years of track record with $30 million to $2 billion in assets under management. Through active portfolio management, the investment manager will continuously monitor and manage allocations to underlying managers. The investment manager will replace managers in accordance with pre-set, non-performance based, criteria as well as on the basis of hard kick-out rules.
Benchmark
  • Barclay BTOP 50 Index
Investment style
Multi Strategy
Investment method
Futures
Quick stats
1 Year return
4.6%
1 Year rank in sector
21/126
Sector
FO Hedge/Stru Prod - Mixed
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Veritas Global Real Return26.4%
Nordea 1 Alpha 1524.6%
La Fayette Holdings22%
Pimco GIS Stk Pl17.2%
Nordea 1 Multi-Asset15.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-1.8%-1.5%4.6%--
Sector-0.2%0.8%0.4%-0.6%5.8%7.2%
Rank within sector131 / 140132 / 144104 / 14121 / 126--
Quartile4th4th3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund7.6%----
Sector-0.1%-0.6%5.1%1.4%1.9%
Rank within sector13 / 133----
Quartile1st
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 high1099.53
52 week low929.17
Current bid price-
Current offer price-
Current mid price1030.08
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
European SICAV Alliance
Fund manager company
European SICAV Alliance
Fund type
Offshore Fund
Fund objective
The RPM Evolving CTA Fund’s objective is to achieve for its share-holders long-term capital appreciation primarily through trading on the worlds organized futures, options, spot and forward markets. The RPM Evolving CTA Fund will construct a diversified investment portfolio investing in Managed Futures which may comprise of, but is not limited to, Futures on indices, interest rates, currencies, metals, soft commodities, grains, energy and bonds. The RPM Evolving CTA Fund invests in CTA managers in their most promising development stage as identified by the investment manager. The Fund will allocate to three different CTA sub-strategies; Trend Following (TF), Short-Term (ST), and Fundamental (FT). Through a systematic investment process, the investment manager identifies CTAs that are in their so called “Evolving Phase”. This has historically proven to be the most promising period for CTA managers from a risk/return perspective. Typically, CTAs in the Evolving Phase have two to seven years of track record with $30 million to $2 billion in assets under management. Through active portfolio management, the investment manager will continuously monitor and manage allocations to underlying managers. The investment manager will replace managers in accordance with pre-set, non-performance based, criteria as well as on the basis of hard kick-out rules.
Benchmark
  • Barclay BTOP 50 Index
Investment style
Multi Strategy
Investment method
Futures
Fund manager
NameSinceBiography
Investment Committee06/08/2014
Compliance
Transparent for Austrian Tax
Domicile
No data available.
Fund for sale in
Belgium, Finland, United Kingdom, Ireland, Luxembourg, Netherlands, Offshore, Sweden
ESA RPM Evolving CTA E SEK
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1224.7414
CurrencySEK
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWTE
ESA RPM Evolving CTA E-R SEK
Initial charge-
Annual charge1.2%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1030.0817
CurrencySEK
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFWTF
ESA RPM Evolving CTA F EUR
Initial charge-
Annual charge1%
Min single investment£50,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.2275
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWTD
ESA RPM Evolving CTA G CHF
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1155.3341
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWTG
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.