Fact sheet: Fulcrum Commodity

Fund information
Fund name
Fulcrum Commodity I GBP
Fund manager company
Fulcrum Asset Management
Fund type
Offshore Fund
Fund manager
  • Fulcrum Investment Teamsince 29/10/2010
Fund objective
The Fulcrum Commodity Fund is a UCITS compliant, dedicated commodity fund. It is designed to provide investors with efficient, liquid exposure to the broad commodity complex and the inherent benefits of incorporating commodities as part of a wider portfolio. The Fund seeks to capture secular trends, idiosyncratic events, and commodity market beta. It is designed to avoid major commodity market sell offs. Itis diversified across 32 liquid commodities and utilises three strategies to provide positive returns over the long run: active market exposure, trend-following and fundamental strategies.
Benchmark
No data available.
Investment style
Absolute Return
Investment method
Indices
Quick stats
1 Year return
-6.8%
1 Year rank in sector
132/136
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.
1.5%
Fund size
£54m (£54m 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.
57
Top in this sector
Fund name1 Year
SW Mitchell Emerging European28%
Polar Capital UK Abs Eq21.8%
F&C Ml Strat Gbl Eq17.7%
SWMC European17.4%
SWMC UK15.2%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Commodity & Energy99.7%
    Industrial Commodities1.4%
    Fishery, Agriculture & Forestry0.4%
    Precious Metals & Stones0.2%
    Energy-1.7%
  • Commodity & Energy100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.2%-5.8%-8.3%-6.8%-18.4%-26.5%
Sector0.2%1%1.2%2.7%3%8.4%
Rank within sector148 / 148146 / 147141 / 141132 / 13688 / 8866 / 66
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-6%-2.6%-3.9%-10.3%-0.1%
Sector1%0.7%0.7%1.2%3.6%
Rank within sector147 / 148105 / 131101 / 11587 / 8755 / 72
Quartile4th4th4th4th4th
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.
-4.79
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.
-0.49
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.
-0.01
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%.
6.35
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.
6.84
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.
-0.92
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.
0.02
Price movement
52 week high90.51
52 week low80.59
Current bid price-
Current offer price-
Current mid price80.73
Region
No data available.
Industry sector
1Commodity & Energy99.7%
2Industrial Commodities1.4%
3Fishery, Agriculture & Forestry0.4%
4Precious Metals & Stones0.2%
5Energy-1.7%
Asset type
1Commodity & Energy100%
Individual holdings
No data available.
Management
Fund manager group
Fulcrum Asset Management
Fund manager company
Fulcrum Asset Management
Fund type
Offshore Fund
Fund objective
The Fulcrum Commodity Fund is a UCITS compliant, dedicated commodity fund. It is designed to provide investors with efficient, liquid exposure to the broad commodity complex and the inherent benefits of incorporating commodities as part of a wider portfolio. The Fund seeks to capture secular trends, idiosyncratic events, and commodity market beta. It is designed to avoid major commodity market sell offs. Itis diversified across 32 liquid commodities and utilises three strategies to provide positive returns over the long run: active market exposure, trend-following and fundamental strategies.
Benchmark
No data available.
Investment style
Absolute Return
Investment method
Indices
Fund manager
NameSinceBiography
Fulcrum Investment Team29/10/2010
Compliance
Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, United Kingdom, Ireland, Italy, Luxembourg, Offshore
Fulcrum Commodity A EUR
Initial charge5%
Annual charge2%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price71.9959
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMWV9
Fulcrum Commodity A GBP
Initial charge5%
Annual charge2%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price71.2049
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0W4M
Fulcrum Commodity A USD
Initial charge5%
Annual charge2%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price72.7073
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0D10
Fulcrum Commodity B EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
Type-
Institutional or retail classInstitutional
Domicile-
Citi code0YOR
Fulcrum Commodity B GBP
Initial charge5%
Annual charge2.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.5%
Bid price-
Offer price-
Mid price72.1744
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0YOT
Fulcrum Commodity B SEK
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 price-
CurrencySEK
Price updated01/01/1900
Type-
Institutional or retail classInstitutional
Domicile-
Citi code0YOU
Fulcrum Commodity I EUR
Initial charge5%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price78.5532
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM3B7
Fulcrum Commodity I GBP
Initial charge5%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price80.729
CurrencyGBP
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM3B9
Fulcrum Commodity I USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price81.9906
CurrencyUSD
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM3B8
Data provided by

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