Fact sheet: GAM Composite Abs Ret Listed

Fund information
Fund name
GAM Composite Absolute Return Listed
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund managers
  • Jeremy Smouhasince 19/11/2002
  • Ron Tabbouchesince 19/11/2002
  • Graham Wainersince 19/11/2002
Fund objective
Seeks to produce positive returns over a full investment cycle, typically five years.
Benchmark
  • MSCI AC World
Investment style
Absolute Return,Flexible
Investment method
None
Quick stats
1 Year return
4.5%
1 Year rank in sector
47/133
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.
1.41%
Fund size
£327m (£433m 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.
36
Top in this sector
Fund name1 Year
SWMC UK27.9%
SW Mitchell Emerging European27%
Polar Capital UK Abs Eq25.5%
SWMC European22.1%
F&C Ml Strat Gbl Eq18.1%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%1.4%4.3%4.5%0.6%19.7%
Sector0.3%0.5%2.1%2.8%3.5%10.5%
Rank within sector17 / 14830 / 14724 / 13847 / 13349 / 8817 / 65
Quartile1st1st1st2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%-2.2%-1%0.8%12.3%
Sector1.4%0.7%0.7%1.2%3.6%
Rank within sector25 / 14597 / 12667 / 11146 / 8511 / 70
Quartile1st4th3rd3rd1st
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.
-2.54
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.
2.29
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%.
4.96
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.
3.58
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.
-0.32
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.
0.7
Price movement
52 week high169.98
52 week low160.94
Current bid price-
Current offer price-
Current mid price169.98
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1GAM STAR FUND TACTICAL OPPORTUNITIES M USD INC10%
2GAM STAR MBS TOTAL RETURN USD INST ACC10%
3VANGUARD FUNDS PLC S&P 500 UCITS ETF USD8.1%
4GAM STAR CREDIT OPPORTUNITIES (USD) INST ACC7%
5GAM STAR GLOBAL RATES USD ACC5.5%
6GAM FCM CAT BOND USD INST INITIAL SERIES5.4%
7GAM STAR (LUX) – EUROPEAN ALPHA I USD4.9%
8JB BF TOTAL RETURN-USD C4.2%
9GAM STAR GLOBAL QUALITY USD INST ACC4.1%
Management
Fund manager group
GAM
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund objective
Seeks to produce positive returns over a full investment cycle, typically five years.
Benchmark
  • MSCI AC World
Investment style
Absolute Return,Flexible
Investment method
None
Fund managers
NameSinceBiography
Jeremy Smouha19/11/2002Jeremy Smouha is a Director and member of GAM's Investment Committee for Managed Portfolios. He co-manages a range of GAM funds based on Managed Portfolios strategies. Mr Smouha joined GAM when it was founded in 1983. Prior to joining GAM, he was a fund manager at Arbuthnot Latham. Mr Smouha holds a degree in Economics from the University of Cambridge. He is based in London.
Ron Tabbouche19/11/2002Ron Tabbouche is an Investment Director and member of GAM's Investment Committee for Managed Portfolios. He co-manages a range of GAM funds based on Managed Portfolios strategies. He also specialises in fixed income. Prior to joining GAM in June 1999, Mr Tabbouche was a sales analyst at Deutsche Bank. He began his career as a fixed interest analyst at Commercial Union Investment Management. He holds an MSc in Investment Management from City University Business School and a BSc in Economics from the University of London. Mr Tabbouche is based in London.
Graham Wainer19/11/2002Graham Wainer is Group Head of Private Clients & Portfolio Management with overall responsibility for GAM's global private client and portfolio management businesses. He chairs GAM's Investment Committee for Managed Portfolios and co-manages a range of GAM funds based on Managed Portfolios strategies. He joined GAM in 1998 having previously been Executive Director of EFG Private Bank and Managing Director of Private Asset Management. He holds a BCom from the University of Witwatersrand and a Masters in Economics from the University of Cape Town. Mr Wainer is based in London.
Compliance
Transparent for Swiss Tax, UCITS III Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Finland, France, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden, Virgin Islands - British
GAM Composite Absolute Return Listed
Initial charge5%
Annual charge0.9%
Min single investment£70,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price169.98
CurrencyGBP
Price updated15/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGL04
Data provided by

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