Fact sheet: Ferox Salar Plc

Fund information
Fund name
Ferox Salar Plc E3 EUR
Fund manager company
Ferox Capital Management
Fund type
Unit Trust
Fund manager
  • Ferox Capital LLPsince 01/02/2007
Fund objective
To generate capital growth, whilst seeking to preserve capital through careful selection of convertible bonds near their bond floor where the underlying equity has potential for price appreciation. Whilst the Fund is “long only”, it is not benchmarked to an index but rather targets absolute returns in excess of LIBOR with low volatility. The fund structure is UCITS IV offering daily liquidity. Ferox Capital is a London based investment management firm specialised purely in convertible bonds. The firm was set up in 2000 and manages a range of traditional and alternative convertible funds.
Benchmark
  • No Specified Index
Investment style
Total Return
Investment method
Convertibles
Quick stats
1 Year return
1.9%
1 Year rank in sector
28/71
Sector
FO Convertible
Yield
-
Fund size
£1,118m (£1,176m 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.
58
Top in this sector
Fund name1 Year
Man Convertibles Am8%
CQS Global Convertible UCITS7.7%
Franklin Gl Cnvtl Secrts7.3%
Calamos Gbl Convtl Opps5.4%
RWC Asia Convertibles4.9%
...more in FO Convertible

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%2.5%2.2%1.9%5.7%29.3%
Sector0%2.3%2.5%0.6%8.2%29.8%
Rank within sector16 / 7433 / 7441 / 7428 / 7147 / 6227 / 51
Quartile1st2nd3rd2nd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.4%1.9%1.8%12.3%12.1%
Sector-0.1%2.9%2.3%11.7%10.9%
Rank within sector29 / 7349 / 6845 / 6223 / 5617 / 52
Quartile2nd3rd3rd2nd2nd
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.
-0.35
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.
0.77
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%.
4.66
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.
1.7
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.
-0.66
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.
0.95
Price movement
52 week high124.85
52 week low115.48
Current bid price-
Current offer price-
Current mid price123.62
Region
No data available.
Industry sector
No data available.
Asset type
1Convertibles100%
Individual holdings
No data available.
Management
Fund manager group
Ferox Capital Management
Fund manager company
Ferox Capital Management
Fund type
Unit Trust
Fund objective
To generate capital growth, whilst seeking to preserve capital through careful selection of convertible bonds near their bond floor where the underlying equity has potential for price appreciation. Whilst the Fund is “long only”, it is not benchmarked to an index but rather targets absolute returns in excess of LIBOR with low volatility. The fund structure is UCITS IV offering daily liquidity. Ferox Capital is a London based investment management firm specialised purely in convertible bonds. The firm was set up in 2000 and manages a range of traditional and alternative convertible funds.
Benchmark
  • No Specified Index
Investment style
Total Return
Investment method
Convertibles
Fund manager
NameSinceBiography
Ferox Capital LLP01/02/2007
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Ireland, Italy, Offshore
Ferox Salar Plc A1 EUR
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price150.16
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFIX6
Ferox Salar Plc A1 GBP
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price154.45
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRZ0
Ferox Salar Plc A1 USD
Initial charge1%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price147.02
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDVU4
Ferox Salar Plc A2 GBP
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price150.44
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRZ3
Ferox Salar Plc A2 USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price120.8
CurrencyUSD
Price updated16/03/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRZ2
Ferox Salar Plc C1 Distribution GBP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price140.51
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRZ4
Ferox Salar Plc C1 Distribution Inc EUR
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price122.75
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXL0
Ferox Salar Plc C1 Distribution Inc GBP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price136.05
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG1W8
Ferox Salar Plc C1 Distribution Inc USD
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price122.47
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGXK9
Ferox Salar Plc C1 Distribution USD
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price135.22
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFRZ5
Ferox Salar Plc C2 Distribution Acc USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRZ8
Ferox Salar Plc C2 Distribution EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRZ9
Ferox Salar Plc C2 Distribution GBP
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price136.13
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRZ7
Ferox Salar Plc C2 Distribution Inc GBP
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price135.72
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFYC5
Ferox Salar Plc E1 EUR
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price145.09
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeHQB4
Ferox Salar Plc E1 GBP
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price134.41
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI0A8
Ferox Salar Plc E1 Inc EUR
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 price101.69
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNAMO
Ferox Salar Plc E1 Inc GBP
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 price108.58
CurrencyGBP
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJJ5N
Ferox Salar Plc E1 Inc USD
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.13
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBN9Q
Ferox Salar Plc E1 USD
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price131.81
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIUO6
Ferox Salar Plc E2 EUR
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price139.73
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHQB5
Ferox Salar Plc E2 USD
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price128.08
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIUO7
Ferox Salar Plc E3 EUR
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price123.62
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHRC4
Ferox Salar Plc E3 GBP
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price126.84
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeINY0
Ferox Salar Plc E3 USD
Initial charge-
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.03%
Bid price-
Offer price-
Mid price124.5
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIUO8
Ferox Salar Plc I EUR
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 price96.35
CurrencyEUR
Price updated23/06/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF5S
Ferox Salar Plc I GBP
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 price96.97
CurrencyGBP
Price updated23/06/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF5U
Ferox Salar Plc I USD
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 price97.27
CurrencyUSD
Price updated23/06/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF5T
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.