Fact sheet: GAM Star Alpha Spectrum

Fund information
Fund name
GAM Star Alpha Spectrum Acc
Fund manager company
GAM Fund Management Ltd
Fund type
No data available.
Fund manager
  • Graham Wainersince 28/09/2011
Fund objective
Capital preservation with growth over a full investment cycle.
Benchmark
  • Average EUR 1 Month Deposit Rate
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
0.9%
1 Year rank in sector
46/126
Sector
FO Hedge/Stru Prod - Mixed
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.
2.06%
Fund size
£79m (£84m 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.
64
Top in this sector
Fund name1 Year
Veritas Global Real Return26.4%
Nordea 1 Alpha 1524.6%
La Fayette Holdings22%
Pimco GIS Stk Pl17.2%
Nordea 1 Multi-Asset15.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%2.7%1.6%0.9%9.4%33.4%
Sector-0.2%0.8%0.4%-0.6%5.8%7.2%
Rank within sector64 / 14026 / 14451 / 14146 / 12630 / 837 / 70
Quartile2nd1st2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-2%1.5%6.3%13.2%9%
Sector-0.1%-0.6%5.1%1.4%1.9%
Rank within sector89 / 13329 / 11533 / 958 / 8613 / 77
Quartile3rd2nd2nd1st1st
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.
0.28
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.
1.7
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.
0.04
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%.
5.52
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.
4.52
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.
0.36
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.
0.4
Price movement
52 week high13.86
52 week low12.48
Current bid price-
Current offer price-
Current mid price13.34
Region
No data available.
Industry sector
No data available.
Asset type
1Hedge56.4%
2Alternative Investment Strategies32.21%
3Money Market11.31%
4Options0.08%
Individual holdings
1GAM STAR CREDIT OPPORTUNITIES (EUR) INST ACC11.8%
2GAM STAR GLOBAL QUALITY EUR INST ACC11.3%
3GAM STAR MBS TOTAL RETURN INSTITUTIONAL HEDGED EUR ACC10%
4ISHARES CORE S&P 50010%
5GAM STAR (LUX) - EUROPEAN ALPHA I EUR 6.7%
6BLACKROCK BSF AMER DIV EQ ABS RETURN HDGD A2 EUR5.4%
7HENDERSON HORIZON PAN EUROPEAN ALPHA (UCITS)5.1%
8GAM STAR GLOBAL RATES EUR ACC4.8%
9RWC US ABSOLUTE ALPHA (UCTIS)4.5%
Management
Fund manager group
GAM
Fund manager company
GAM Fund Management Ltd
Fund type
No data available.
Fund objective
Capital preservation with growth over a full investment cycle.
Benchmark
  • Average EUR 1 Month Deposit Rate
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Graham Wainer28/09/2011Graham 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
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
GAM Star Alpha Spectrum Acc
Initial charge5%
Annual charge0.9%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.06%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price13.3434
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GII
Data provided by

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