Fact sheet: Fidante PWPNAELS

Fund information
Fund name
Fidante PWP North American Equity Long Short A Hedged GBP
Fund manager company
Fidante Partners Europe Ltd
Fund type
OEIC
Fund manager
  • David Bakersince 16/05/2016
Fund objective
To achieve capital growth whilst managing the absolute level of risk.
Benchmark
No data available.
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Absolute Return
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.
1.4%
Fund size
£59m (£49m last year)
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd17.9%
Polar Capital UK Abs Eq10.3%
SW Mitchell Emerging European9.6%
Orbis Optimal SA9.4%
Orbis Optimal USD9.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.4%1.9%2.3%---
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector3 / 14115 / 14128 / 138---
Quartile1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector0.1%0.7%1.2%3.6%3.9%
Rank within sector-----
Quartile
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 high102.88
52 week low98.16
Current bid price-
Current offer price-
Current mid price102.62
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Fidante Partners Europe Ltd
Fund type
OEIC
Fund objective
To achieve capital growth whilst managing the absolute level of risk.
Benchmark
No data available.
Investment style
Absolute Return
Investment method
Shares
Fund manager
NameSinceBiography
David Baker16/05/2016"Mr. David Baker, Partner, Portfolio Manager. Prior to joining the Firm, Mr. Baker served as the Portfolio Manager of an equity long/short portfolio, which has been a part of the Deutsche Bank Proprietary Trading group since May 2005. Prior to this role, Mr. Baker served as Managing Director and Global Head of Portfolio Trading and Index Arbitrage, Global Cash Trading at Deutsche Bank. In this capacity, Mr. Baker managed the risk and investment decisions of multi-billion dollar portfolios and oversaw the infrastructure and technology build-out of these global businesses. Mr. Baker also served as a member of the Global Equity Management Committee and North America Management Committee. Mr. Baker joined Deutsche Bank in 1998 as part of the acquisition of NatWest Markets, where he spent two years as Managing Director of Portfolio Trading responsible for the development of the Portfolio Trading business at the derivatives boutique. Previously, Mr. Baker spent 11 years at Morgan Stanley and rose to become Principal and Head of North America Program Trading. Mr. Baker received a B.S. in Finance and Statistics from New York University. "
Compliance
Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, France, United Kingdom, Ireland, Italy, Offshore, Sweden
Fidante PWP North American Equity Long Short A Hedged EUR
Initial charge-
Annual charge1%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price102.36
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8QP
Fidante PWP North American Equity Long Short A Hedged GBP
Initial charge-
Annual charge1%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price102.62
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8QQ
Fidante PWP North American Equity Long Short A USD
Initial charge-
Annual charge1%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price102.77
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8QO
Fidante PWP North American Equity Long Short M
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 price104
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN9SE
Fidante PWP North American Equity Long Short S
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 price103.33
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN9SD
Fidante PWP North American Equity Long Short X Hedged EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price102.68
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8QS
Fidante PWP North American Equity Long Short X Hedged GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price102.9
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8QT
Fidante PWP North American Equity Long Short X USD
Initial charge-
Annual charge0.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price103.25
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN8QR
Data provided by

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