Fact sheet: FundLogic MS Ascend UCITS

Fund information
Fund name
FundLogic MS Ascend UCITS S
Fund manager company
FundLogic SAS
Fund type
OEIC
Fund manager
No data available.
Fund objective
The strategy is a variation of the ”Jones Model” investing strategy with the intention of achieving capital appreciation in a broad range of market environments. The Jones Model is an investment strategy whereby the portfolio is long securities and short securities, and which seeks to hedge against market fluctuations. The Ascend Investment Strategy is focused on targeting absolute returns rather than returns that are correlated to the broad stock market. The Investment Manager invests in companies it identifies through a disciplined process involving thorough bottom-up fundamental research.
Benchmark
  • S&P 500
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
-5.2%
1 Year rank in sector
77/106
Sector
FO Hedge/Stru Prod - Equity
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.
1.99%
Fund size
£205m (£207m 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.
62
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS21.8%
Ennismore Eurpn Smallar Cos19.8%
Income Partners AllSeasnAsCred18.7%
BlackRock SF Asia Extnn16.9%
Majedie Tortoise16.9%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • North America3%
    Europe-1%
  • Others98%
    Health Care4%
    Consumer Staples2%
    Materials2%
    Consumer Discretionary0%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%2.3%1.2%-5.2%6.8%11%
Sector0.5%1.7%1.2%-1%5.4%15.6%
Rank within sector16 / 12043 / 12253 / 11677 / 106--
Quartile1st2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-5.3%1.8%5.3%12.2%-0.1%
Sector-1.8%2.7%2.5%7.1%3.9%
Rank within sector82 / 11254 / 99---
Quartile3rd3rd
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.
0.63
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.
0.85
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%.
4.16
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.
3.07
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.
0.1
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.
0.46
Price movement
52 week high1080.26
52 week low986.57
Current bid price-
Current offer price-
Current mid price1009.04
Region
1North America3%
2Europe-1%
Industry sector
1Others98%
2Health Care4%
3Consumer Staples2%
4Materials2%
5Consumer Discretionary-
6Information Technology-
7Energy-1%
8Industrials-1%
9Financials-4%
Asset type
No data available.
Individual holdings
1MALLINCKRODT PLC1.87%
2LIBERTY GLOBAL PLC1.72%
3ELEMENT FINL CORP PREF 31/12/181.53%
4BALL CORP1.41%
5INGERSOLL-RAND PLC1.25%
Management
Fund manager group
FundLogic
Fund manager company
FundLogic SAS
Fund type
OEIC
Fund objective
The strategy is a variation of the ”Jones Model” investing strategy with the intention of achieving capital appreciation in a broad range of market environments. The Jones Model is an investment strategy whereby the portfolio is long securities and short securities, and which seeks to hedge against market fluctuations. The Ascend Investment Strategy is focused on targeting absolute returns rather than returns that are correlated to the broad stock market. The Investment Manager invests in companies it identifies through a disciplined process involving thorough bottom-up fundamental research.
Benchmark
  • S&P 500
Investment style
Long/Short
Investment method
Equity
Fund manager
No data available.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Singapore
FundLogic MS Ascend UCITS I EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price1050.55
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03CZ
FundLogic MS Ascend UCITS I USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price988.12
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM45D
FundLogic MS Ascend UCITS P USD
Initial charge-
Annual charge1.5%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.9%
Bid price-
Offer price-
Mid price1114.82
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0D15
FundLogic MS Ascend UCITS S
Initial charge-
Annual charge1.6%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price1009.04
CurrencyEUR
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK1KN
Data provided by

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