Fact sheet: GAM Star (Lux) European Momtm

Fund information
Fund name
GAM Star (Lux) European Momentum
Fund manager company
GAM Star (Lux)
Fund type
Offshore Fund
Fund managers
  • Roberto Cantaluppisince 01/03/2013
  • Gianmarco Mondanisince 01/03/2013
  • Paolo Longinottisince 01/03/2013
Fund objective
Aims to generate consistent returns through investing in a portfolio of European equities. Performance is measured against the benchmark, but no attempt is made to replicate it.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Quick stats
1 Year return
9.5%
1 Year rank in sector
187/228
Sector
FO Equity - Europe inc UK
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.
2.2%
Fund size
£47m (£58m 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.
98
Top in this sector
Fund name1 Year
SPL Parallel Private Equity IC46.9%
EP Pan European Opportunities33%
GS Eur CORE Eq Portfolio32%
EDRF Eur Synrg31.5%
IVI European31.4%
...more in FO Equity - Europe inc UK

Performance snapshot

Holdings snapshot

  • France19.8%
    Germany14.3%
    UK13.8%
    Spain12.8%
    Netherlands9.8%
  • Industrials28.4%
    Financials16.4%
    Consumer Discretionary13.3%
    Information Technology11.1%
    Materials9.9%
  • French Equities19.8%
    German Equities14.3%
    UK Equities13.8%
    Spanish Equities12.8%
    Dutch Equities9.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%6.1%10.7%9.5%36.8%105.9%
Sector3.2%6.2%12.4%12.4%22.2%64%
Rank within sector54 / 235126 / 233185 / 231187 / 22829 / 19910 / 175
Quartile1st3rd4th4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund8.3%-6.2%26.3%7.6%32.7%
Sector7.9%-0.6%11.1%4.2%21.1%
Rank within sector114 / 233203 / 2254 / 20648 / 19512 / 181
Quartile2nd4th1st1st1st
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.
3.38
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.
0.93
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.
0.44
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%.
12.44
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.
4.93
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.
0.59
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.
0.85
Price movement
52 week high223.96
52 week low185.44
Current bid price-
Current offer price-
Current mid price224.81
Region
1France19.79%
2Germany14.26%
3UK13.75%
4Spain12.8%
5Netherlands9.78%
6Ireland7.49%
7Denmark5.69%
8Italy5.42%
9Others3.84%
Industry sector
1Industrials28.35%
2Financials16.4%
3Consumer Discretionary13.3%
4Information Technology11.06%
5Materials9.89%
6Others4.65%
7Energy4.41%
8Health Care4.34%
9Consumer Staples4.09%
Asset type
1French Equities19.79%
2German Equities14.26%
3UK Equities13.75%
4Spanish Equities12.8%
5Dutch Equities9.78%
6Irish Equities7.49%
7Danish Equities5.69%
8Italian Equities5.42%
9International Equities3.84%
Individual holdings
1ING GROEP N.V.4.2%
2DIAGEO PLC4%
3REPSOL SA3.1%
4MERCK KGAA2.9%
5ASML HOLDING NV2.6%
6COMPAGNIE DE SAINT-GOBAIN2.6%
7BNP PARIBAS (SUISSE) SA2.5%
8DS SMITH2.5%
9ACERINOX SA2.2%
Management
Fund manager group
No data available.
Fund manager company
GAM Star (Lux)
Fund type
Offshore Fund
Fund objective
Aims to generate consistent returns through investing in a portfolio of European equities. Performance is measured against the benchmark, but no attempt is made to replicate it.
Benchmark
  • MSCI Europe
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Roberto Cantaluppi01/03/2013Roberto 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.
Gianmarco Mondani01/03/2013Gianmarco 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.
Paolo Longinotti01/03/2013Paolo 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, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
GAM Star (Lux) European Momentum
Initial charge3%
Annual charge1.75%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)2.12%
Bid price-
Offer price-
Mid price224.81
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWA09
GAM Star (Lux) European Momentum D EUR
Initial charge3%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price135.94
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU1L
GAM Star (Lux) European Momentum I EUR
Initial charge3%
Annual charge1%
Min single investment£2,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138.46
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMU1M
Data provided by

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