Fact sheet: GAM Star (Lux) Eur Alpha

Fund information
Fund name
GAM Star (Lux) European Alpha Inst GBP
Fund manager company
GAM Star (Lux)
Fund type
Offshore Fund
Fund managers
  • Gianmarco Mondanisince 06/04/2003
  • Roberto Cantaluppisince 06/04/2003
  • Paolo Longinottisince 06/04/2003
Fund objective
Aims to generate consistent absolute returns through investing long and short in a portfolio of European equities.
Benchmark
  • MSCI Europe
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-10.3%
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.
2.05%
Fund size
£741m (£863m 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.
53
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

  • France12.6%
    Denmark9.4%
    Germany8.9%
    Spain6.5%
    Switzerland4.4%
  • Industrials22.9%
    Health Care10.1%
    Information Technology7.6%
    Telecommunications Utilities4.4%
    Real Estate2.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.1%-6.6%-7.5%-10.3%4.3%-
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-11.8%14.2%2.5%--
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.
2.94
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.
0.47
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%.
6.43
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.
6.45
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.
0.34
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 high118.21
52 week low101.93
Current bid price-
Current offer price-
Current mid price102.7
Region
1France12.62%
2Denmark9.37%
3Germany8.86%
4Spain6.53%
5Switzerland4.44%
6Ireland2.41%
7UK2.07%
8Netherlands1.18%
9Finland-2.18%
Industry sector
1Industrials22.86%
2Health Care10.08%
3Information Technology7.59%
4Telecommunications Utilities4.36%
5Real Estate2.11%
6Utilities1.52%
7Consumer Staples1.18%
8Financials0.22%
9Materials0.18%
Asset type
No data available.
Individual holdings
1GAMESA TECNOLOGICA3.4%
2GATEGROUP HOLDING AG3.3%
3AP MOELLER - MAERSK A RTS2.9%
4AMADEUS IT GROUP SA2.4%
5EIFFAGE2.4%
6BAE SYSTEMS PLC2.3%
7MERCK KGAA2.3%
8PRYSMIAN SPA2.3%
9SAINT-GOBAIN(COMPAGNIE DE)2.3%
Management
Fund manager group
No data available.
Fund manager company
GAM Star (Lux)
Fund type
Offshore Fund
Fund objective
Aims to generate consistent absolute returns through investing long and short in a portfolio of European equities.
Benchmark
  • MSCI Europe
Investment style
Absolute Return
Investment method
Shares
Fund managers
NameSinceBiography
Gianmarco Mondani06/04/2003Gianmarco Mondani is the Chief Investment Officer of the non-directional equity team, and co-manages developed Europe long and long/short equity funds. In addition to his role as Chief Investment Officer, he is the Chief Executive Officer as well as a Founding Partner of GAM Investment Management Lugano SA (formerly Arkos Capital SA). He joined GAM following its acquisition of the equity hedge specialist in July 2012. Prior to establishing Arkos in January 2007, he launched and co-managed the current GAM Star (Lux) and offshore fund offering at Banca Arner in Lugano. Before this, he was an assistant director and portfolio manager within the European investment team at Martin Currie Investment Management Limited in Edinburgh. Gianmarco Mondani holds an MA in Investment Analysis from Stirling University, United Kingdom, and a BA (cum laude) in Economics and Business Studies from Genoa University, Italy. He is based in Lugano, Switzerland.
Roberto Cantaluppi06/04/2003Roberto Cantaluppi is a Senior Fund Manager in the non-directional equity team, and co-manages developed Europe long and long/short equity and global financials long/short equity funds. He joined GAM following its acquisition of the equity hedge specialist, GAM Investment Management Lugano SA (formerly Arkos Capital SA), in July 2012. Prior to joining Arkos in August 2007, Mr Cantaluppi held several posts at Allianz Asset Management, including three years as head of the sector analyst team and eight years as fund manager at RAS Asset Management SGR (a wholly owned subsidiary of Allianz). Previously, he was an analyst for San Paolo IMI, Italy, and an analyst at Mediosim, Italy. Mr Cantaluppi holds an MA (cum laude) and a BA in Economics from Bocconi University, Italy, and a certificate from the Italian Association of Financial Analysts. He is based in Lugano, Switzerland.
Paolo Longinotti06/04/2003Paolo Longinotti is a Fund Manager in the non-directional equity team, and co-manages developed Europe long and long/short equity funds. Mr Longinotti joined GAM following its acquisition of the equity hedge specialist, GAM Investment Management Lugano SA (formerly Arkos Capital SA), in July 2012. He joined Arkos in June 2011. Mr Longinotti began his career in finance in 1998 where he worked as an equity analyst and fund manager for Italian investment houses including Eurizon Capital SGR, Fidentiis Equities and Banca Generali. Mr Longinotti holds a BA in Economics and Business Administration from Università Cattolica del Sacro Cuore, Italy. He is based in Lugano, Switzerland.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
GAM Star (Lux) European Alpha C CHF
Initial charge3%
Annual charge1.75%
Min single investment£13,000
Min regular saving£6,500
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price113.41
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG50Z
GAM Star (Lux) European Alpha C EUR
Initial charge3%
Annual charge1.75%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price274.8
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWA96
GAM Star (Lux) European Alpha C GBP
Initial charge3%
Annual charge1.75%
Min single investment£6,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price110.02
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5OJ
GAM Star (Lux) European Alpha C USD
Initial charge3%
Annual charge1.75%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price109.61
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ9JN
GAM Star (Lux) European Alpha D CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price99.02
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU1H
GAM Star (Lux) European Alpha D EUR
Initial charge3%
Annual charge1.75%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price100.72
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU1I
GAM Star (Lux) European Alpha D GBP
Initial charge3%
Annual charge1.75%
Min single investment£6,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price101.76
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK6WU
GAM Star (Lux) European Alpha D USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price102.18
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU1J
GAM Star (Lux) European Alpha Inst CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.45
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMU1K
GAM Star (Lux) European Alpha Inst EUR
Initial charge3%
Annual charge1.25%
Min single investment£2,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price107.77
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9JL
GAM Star (Lux) European Alpha Inst GBP
Initial charge3%
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price102.7
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK7EL
GAM Star (Lux) European Alpha Inst USD
Initial charge3%
Annual charge1.25%
Min single investment£2,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.05%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price108.72
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9JM
Data provided by

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