Fact sheet: F&C RE Eq LgSt

Fund information
Fund name
F&C Real Estate Equity Long/Short A Acc EUR
Fund manager company
F&C IRL (BMO Global Asset Mana
Fund type
OEIC
Fund managers
  • Alban Lhonneursince 03/12/2012
  • Marcus Phayre-Mudgesince 03/12/2012
Fund objective
The objective is to achieve a long term capital appreciation. The Fund seeks to achieve this mainly by investing 'long' (purchasing) and 'short' (selling) in equities of companies predominantly involved in real estate and related activities. Investments will be predominantly in companies that are domiciled in or derive a substantial proportion of their revenue from Europe, although investment outside of Europe including emerging markets is permitted.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
1%
1 Year rank in sector
42/106
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.
2.04%
Fund size
£0m
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.
61
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
Fund0.3%0.4%0.7%1%14.2%-
Sector0.5%1.7%1.2%-1%5.4%15.6%
Rank within sector55 / 12075 / 12258 / 11642 / 10625 / 75-
Quartile2nd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.5%5.3%6.9%-0.2%-
Sector-1.8%2.7%2.5%7.1%3.9%
Rank within sector42 / 11239 / 9919 / 8062 / 71-
Quartile2nd2nd1st4th
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.
3.91
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.
-0.01
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.
0.18
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%.
2.08
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.
3.94
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.
0.47
Price movement
52 week high11.33
52 week low11.13
Current bid price-
Current offer price-
Current mid price11.31
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 IRL (BMO Global Asset Mana
Fund type
OEIC
Fund objective
The objective is to achieve a long term capital appreciation. The Fund seeks to achieve this mainly by investing 'long' (purchasing) and 'short' (selling) in equities of companies predominantly involved in real estate and related activities. Investments will be predominantly in companies that are domiciled in or derive a substantial proportion of their revenue from Europe, although investment outside of Europe including emerging markets is permitted.
Benchmark
  • No Specified Index
Investment style
Long/Short
Investment method
Equity
Fund managers
NameSinceBiography
Alban Lhonneur03/12/2012Alban joined Thames River (now part of BMO Global Asset Management) in July 2008 and is a fund manager in the Real Estate Securities team. He was previously at Citigroup Global Markets as an Equity Research analyst focusing on Continental European Real Estate. Prior to that he was at Société Générale Securities, where he focused on transport equity research. He completed a Bsc Business and Management program at ESC Toulouse including one year at the Brunel University, School of Business Management in London. He also attended CERAM Nice High Business School. In 2005 he obtained a Post-graduate Specialised Master in Finance in 2005 from ESCP-EAP.
Marcus Phayre-Mudge03/12/2012Marcus joined us in October 2004 and is a fund manager and head of our Real Estate Securities team. Prior to joining us, Marcus was a partner at Thames River Capital (now part of BMO Global Asset Management). He was at Henderson Global Investors from 1997 to 2004. He manages TR Property Investment Trust, the largest European closed-ended real estate equity Investment Trust as well as co-managing F&C Property Growth & Income Fund (which he launched in 2005) and the F&C Global Real Estate Securities Fund. Prior to joining Henderson, Marcus was an investment surveyor at Knight Frank (1990) and was made an Associate Partner in the fund management division (1995). He qualified as a Chartered Surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Malta, Netherlands, Norway, Offshore, Singapore, Sweden
F&C Real Estate Equity Long/Short A Acc EUR
Initial charge5%
Annual charge1.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price11.31
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI1OV
F&C Real Estate Equity Long/Short A Acc USD
Initial charge5%
Annual charge1.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.09%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price11.48
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI8IH
F&C Real Estate Equity Long/Short B Acc USD
Initial charge5%
Annual charge1%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price10.17
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN08U
F&C Real Estate Equity Long/Short C Acc EUR
Initial charge5%
Annual charge1%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price11.52
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI1OW
F&C Real Estate Equity Long/Short C Acc GBP
Initial charge5%
Annual charge1%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price11.7
CurrencyGBP
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI1OX
Data provided by

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