Fact sheet: FP Octopus Gbl Strat

Fund information
Fund name
FP Octopus Global Strategies B
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund managers
  • Colin Lunnonsince 07/11/2011
  • Bish Limbusince 07/11/2011
  • Simon Reynoldssince 07/11/2011
Fund objective
The Fund aims to provide an absolute return over a 12-month rolling period, at a level comparable to long term equity type returns, regardless of the prevailing market conditions. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the 12-month rolling period or in respect of any other period.
Benchmark
  • IA Absolute Return
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
2.3%
1 Year rank in sector
40/71
Sector
UT Targeted Absolute Return
Yield
0.5%
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.
1.25%
Fund size
£84m (£42m 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.
16
Mid price
116.4489
Top in this sector
Fund name1 Year
Schroder UKDynAbsRet15.8%
VT iFunds Absolute Rtn Orange13.6%
7IM Unconstrained12.6%
S&W Saltus Wealth12.1%
CF Ruffer Absolute Return11%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.4%0.7%2.3%7.9%13%
Sector-0.3%0.6%0.9%2.5%6.6%16.1%
Rank within sector37 / 7747 / 7744 / 7440 / 7130 / 5633 / 47
Quartile2nd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.4%1.4%1.8%3.4%4.1%
Sector0.8%1%2.2%2.5%6.5%
Rank within sector49 / 7735 / 7034 / 6428 / 5535 / 50
Quartile3rd2nd3rd3rd3rd
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.
0.21
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.
1.03
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%.
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.
1.07
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.
0.24
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.
0.73
Price movement
52 week high117.02
52 week low113.4
Current bid price-
Current offer price-
Current mid price116.45
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
IFDS Managers
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund objective
The Fund aims to provide an absolute return over a 12-month rolling period, at a level comparable to long term equity type returns, regardless of the prevailing market conditions. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the 12-month rolling period or in respect of any other period.
Benchmark
  • IA Absolute Return
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Colin Lunnon07/11/2011Colin is a fund manager on the multi-manager team at Octopus. Prior to joining Octopus in 2008 he held roles at Killik & Co., Barclays Wealth and Morley Fund management. His most recent focus has been on equity risk management and multi-manager risk monitoring. Colin has over 13 years' experience in manager research and portfolio/fund management. Colin holds an MSc in International Securities, Investment and Banking from the ICMA Centre at Reading University. He is a Chartered Financial Analyst charterholder and a Fellow of the Securities Institute.
Bish Limbu07/11/2011Bish has over 19 years’ experience in manager research and portfolio/fund management including previous roles at Bestinvest Brokers and Barclays Wealth. He graduated with a BA Honours in Engineering and Computing Science from Oxford University, is a CFA charterholder and a member of the Securities Institute.
Simon Reynolds07/11/2011Simon has over 16 years’ experience in manager research and portfolio/fund management, having held roles at Mercer, AXA, Barclays Wealth and ipac (an Australian multi manager). He is an ASIP member of the UK Society of Investment Professionals having passed the Associate level IIMR exams. He has a BA Honours in Economics & Management Studies from the University of Leeds.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FP Octopus Global Strategies B
Initial charge-
Annual charge0.55%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price116.4489
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IPF
FP Octopus Global Strategies C
Initial charge-
Annual charge0.45%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price117.599
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IPG
FP Octopus Global Strategies D
Initial charge-
Annual charge0.75%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price100.8125
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM7NM
FP Octopus Global Strategies Y
Initial charge-
Annual charge0.55%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price116.6699
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IPI
Data provided by

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