Fact sheet: GAM Star Cat Bond

Fund information
Fund name
GAM Star Cat Bond Inst Acc GBP
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund manager
  • Fermat Capital Management LLCsince 31/10/2011
Fund objective
Seeks to capture the structural return from the catastrophe market via a portfolio focused on cat bonds to produce attractive, consistent returns uncorrelated to traditional asset classes.
Benchmark
  • Citi World Govt. Bond Index (WGBI)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.5%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
4.3%
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.
1.61%
Fund size
£1,349m (£1,164m 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.
6
Top in this sector
Fund name1 Year
Capital Group GHIOL35.6%
Dodge & Cox Global Bond27.3%
HSBC GIF Gbl AsBk Bd24.3%
SKAGEN Tellus23.4%
Russell Gbl Bd23.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%1.4%2.8%4.5%13.9%35.1%
Sector-1.6%-2.1%0.7%3.5%6.2%13.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund4.5%3.2%5.2%--
Sector4.2%-1.6%3.7%-1.6%8.2%
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.
4.41
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.
0.02
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.
0.84
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%.
1.12
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.
2.96
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.
0.86
Price movement
52 week high13.45
52 week low12.87
Current bid price-
Current offer price-
Current mid price13.45
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
GAM
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund objective
Seeks to capture the structural return from the catastrophe market via a portfolio focused on cat bonds to produce attractive, consistent returns uncorrelated to traditional asset classes.
Benchmark
  • Citi World Govt. Bond Index (WGBI)
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Fermat Capital Management LLC31/10/2011
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, Bulgaria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
GAM Star Cat Bond A Acc EUR
Initial charge5%
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.45
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMPPM
GAM Star Cat Bond CHF
Initial charge5%
Annual charge1.45%
Min single investment£13,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price12.6072
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IS1
GAM Star Cat Bond EUR
Initial charge5%
Annual charge1.45%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price12.9097
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IS0
GAM Star Cat Bond GBP
Initial charge5%
Annual charge1.45%
Min single investment£6,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price13.2835
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IS3
GAM Star Cat Bond Hedged
Initial charge5%
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1041.94
CurrencyJPY
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMRAF
GAM Star Cat Bond Hedged Inst Inc JPY
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1001.07
CurrencyJPY
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNM8C
GAM Star Cat Bond Inc EUR
Initial charge5%
Annual charge1.45%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price11.6803
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0LQE
GAM Star Cat Bond Inc GBP
Initial charge5%
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2756
CurrencyGBP
Price updated25/06/2012
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0LQF
GAM Star Cat Bond Inc USD
Initial charge5%
Annual charge1.45%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.0006
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0LQD
GAM Star Cat Bond Inst Acc GBP
Initial charge5%
Annual charge0.95%
Min single investment£12,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price13.4529
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ8LU
GAM Star Cat Bond Inst CHF
Initial charge5%
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price10.4434
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBN9V
GAM Star Cat Bond Inst EUR
Initial charge5%
Annual charge0.95%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price13.206
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0KPX
GAM Star Cat Bond Inst Inc EUR
Initial charge5%
Annual charge0.95%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price11.0143
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0M33
GAM Star Cat Bond Inst Inc GBP
Initial charge5%
Annual charge0.95%
Min single investment£12,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price10.9242
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code12J1
GAM Star Cat Bond Inst Inc USD
Initial charge5%
Annual charge0.95%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price11.5814
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJE2N
GAM Star Cat Bond Inst USD
Initial charge5%
Annual charge0.95%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price13.4313
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code106N
GAM Star Cat Bond M EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0366
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNHBE
GAM Star Cat Bond QO Inc USD
Initial charge5%
Annual charge1.45%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.6213
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGLFE
GAM Star Cat Bond USD
Initial charge5%
Annual charge1.45%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price13.2609
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IS2
Data provided by

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