Fact sheet: Fair Oaks Income Fund Ltd

Fund information
Fund name
Fair Oaks Income Fund Limited Ord
Fund manager company
Fair Oaks Capital Limited
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
The investment objective of the Fair Oaks Income Fund Ltd (the “Company”) is to generate attractive, risk-adjusted returns, principally through income distributions. The Company will implement its investment policy by investing mainly in FOIF LP (the “Master Fund”).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12%
1 Year rank in sector
4/22
Sector
IT Debt
Yield
10.3%
Fund size
£303m
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.
109
Mid price
0.9625
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+0.00
Top in this sector
Fund name1 Year
Duet Real Estate Fin Ltd553.9%
Volta Finance Limited17.3%
Tetragon Fin Ord USD0.00116.7%
Fair Oaks Income Fund Ltd12%
Blackstone/GSO Loan Fin Ltd10.8%
...more in IT Debt

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%-0.9%13.2%12%--
Sector-2.2%1.6%8.3%9.6%8.7%12.2%
Rank within sector5 / 2518 / 254 / 234 / 22--
Quartile1st3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund9.8%4.7%---
Sector9.4%-2.6%2.4%9.2%-4.2%
Rank within sector5 / 235 / 15---
Quartile1st2nd
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 high1
52 week low0.77
Current bid price0.94
Current offer price0.99
Current mid price0.96
Region
1USA88.8%
2Others3.5%
3Canada2.6%
4Luxembourg2.6%
5Netherlands1.3%
6UK1.2%
Industry sector
1B40%
2B+22%
3BB-16%
4B-8%
5BB6%
6BB+3%
7Unknown2%
8BBB-1%
9CCC1%
Asset type
1Global Fixed Interest100%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Fair Oaks Capital Limited
Fund type
Investment Trust
Fund objective
The investment objective of the Fair Oaks Income Fund Ltd (the “Company”) is to generate attractive, risk-adjusted returns, principally through income distributions. The Company will implement its investment policy by investing mainly in FOIF LP (the “Master Fund”).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
AIC Member, Reporting Fund Status
Domicile
No data available.
Fund for sale in
Guernsey, Offshore
Fair Oaks Income Fund Limited Ord
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.1
CurrencyUSD
Price updated31/10/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNKER
Data provided by

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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.