Fact sheet: Fundlogic MS Alkn UCTS

Fund information
Fund name
Fundlogic MS Alkeon UCITS A USD
Fund manager company
FundLogic SAS
Fund type
OEIC
Fund manager
No data available.
Fund objective
Alkeon's investment philosophy is centered on performing deep fundamental analysis of individual company stocks and identifying growth cycles that are largely independent of the economic cycles. The portfolio's long investments emphasize positions in growth companies with improving fundamentals, strong balance sheets and free cash flows, and superior competitive positions. On the short side, Alkeon maintains an active alpha-seeking stock specific portfolio by establishing short positions in low quality businesses facing long term challenges such as unstable and weak business models, deteriorating fundamentals, and declining profitability metrics. Core to the Alkeon approach is the concept that innovation often creates opportunities for growth, while at the same time it can destroy value - this leads to attractive long and short investment opportunities with the potential to create alpha on both sides of the portfolio.
Benchmark
  • MSCI World
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
-4.2%
1 Year rank in sector
69/109
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.
2.86%
Fund size
£86m (£152m 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.
114
Top in this sector
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...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • USA85%
    Japan7%
    China6%
    Korea4%
    Hong Kong3%
  • Information Technology62%
    Health Care14%
    Financials11%
    Consumer Discretionary10%
    Industrials6%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-4.6%0.3%-4.2%-3.4%13.5%
Sector0.5%-0.3%0.3%-2.5%3.3%14.1%
Rank within sector105 / 118113 / 12757 / 12169 / 10961 / 7330 / 50
Quartile4th4th2nd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.3%-3.7%0.8%14.8%10.3%
Sector-2.1%2.7%2.5%7.1%3.9%
Rank within sector56 / 11084 / 9449 / 7523 / 6713 / 52
Quartile3rd4th3rd2nd1st
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.
-2.88
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.
2.55
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%.
10.95
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.
8.73
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.
-0.18
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.
0.58
Price movement
52 week high1263.71
52 week low1064.59
Current bid price-
Current offer price-
Current mid price1191.29
Region
1USA85%
2Japan7%
3China6%
4Korea4%
5Hong Kong3%
6UK-1%
7India-2%
8Netherlands-2%
9Switzerland-5%
Industry sector
1Information Technology62%
2Health Care14%
3Financials11%
4Consumer Discretionary10%
5Industrials6%
6Materials4%
7Utilities-5%
8Consumer Staples-7%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
FundLogic
Fund manager company
FundLogic SAS
Fund type
OEIC
Fund objective
Alkeon's investment philosophy is centered on performing deep fundamental analysis of individual company stocks and identifying growth cycles that are largely independent of the economic cycles. The portfolio's long investments emphasize positions in growth companies with improving fundamentals, strong balance sheets and free cash flows, and superior competitive positions. On the short side, Alkeon maintains an active alpha-seeking stock specific portfolio by establishing short positions in low quality businesses facing long term challenges such as unstable and weak business models, deteriorating fundamentals, and declining profitability metrics. Core to the Alkeon approach is the concept that innovation often creates opportunities for growth, while at the same time it can destroy value - this leads to attractive long and short investment opportunities with the potential to create alpha on both sides of the portfolio.
Benchmark
  • MSCI World
Investment style
Long/Short
Investment method
Equity
Fund manager
No data available.
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Offshore, Singapore
Fundlogic MS Alkeon UCITS A CHF
Initial charge5%
Annual charge2.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.86%
Total expense ratio (TER)2.87%
Bid price-
Offer price-
Mid price1069.5
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG0IS
Fundlogic MS Alkeon UCITS A GBP
Initial charge-
Annual charge2.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.86%
Total expense ratio (TER)2.87%
Bid price-
Offer price-
Mid price1051.64
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIAXT
Fundlogic MS Alkeon UCITS A USD
Initial charge5%
Annual charge2.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.86%
Total expense ratio (TER)2.87%
Bid price-
Offer price-
Mid price1191.29
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code13G0
Fundlogic MS Alkeon UCITS C EUR
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price1256.37
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0IT
Fundlogic MS Alkeon UCITS I CHF
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1117
CurrencyCHF
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0IX
Fundlogic MS Alkeon UCITS I EUR
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1120.13
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0IV
Fundlogic MS Alkeon UCITS I GBP
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1079.99
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGSOW
Fundlogic MS Alkeon UCITS I USD
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1156.42
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG0IW
Fundlogic MS Alkeon UCITS P EUR
Initial charge-
Annual charge2%
Min single investment£250,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1063.68
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJHCT
Fundlogic MS Alkeon UCITS P GBP
Initial charge-
Annual charge2%
Min single investment£250,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1031.74
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJKEI
Fundlogic MS Alkeon UCITS P USD
Initial charge-
Annual charge2%
Min single investment£250,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)2.36%
Total expense ratio (TER)2.37%
Bid price-
Offer price-
Mid price1072.92
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIAXU
Data provided by

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