Fact sheet: GAM Star Discretionary FX

Fund information
Fund name
GAM Star Discretionary FX Acc GBP
Fund manager company
GAM Fund Management Ltd
Fund type
No data available.
Fund manager
  • Adrian Owenssince 13/11/2009
Fund objective
To deliver absolute returns over the medium-term, across all market conditions.
Benchmark
  • Average USD 1 Month Deposit Rate
Investment style
Absolute Return
Investment method
None
Quick stats
1 Year return
-15%
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.
1.72%
Fund size
£95m (£176m 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.
76
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd14.7%
SW Mitchell Emerging European11.5%
Polar Capital UK Abs Eq10.3%
Pictet Scv II Dyn Ass Alloc9.4%
Orbis Optimal SA9.3%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.7%-7.1%-10.3%-15%9.8%33.6%
Sector-0.2%-0.7%0.3%-0.4%2.5%9.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-13.8%7%23.3%-5.2%23.4%
Sector-0.1%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.
3.14
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.
1.55
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%.
12.82
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.
12.51
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.
0.22
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.
0.05
Price movement
52 week high1.28
52 week low1.08
Current bid price-
Current offer price-
Current mid price1.08
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
No data available.
Fund objective
To deliver absolute returns over the medium-term, across all market conditions.
Benchmark
  • Average USD 1 Month Deposit Rate
Investment style
Absolute Return
Investment method
None
Fund manager
NameSinceBiography
Adrian Owens13/11/2009Adrian is an Investment Director at GAM, where he manages fixed income and currency-based hedge funds, and related strategies. Adrian joined Augustus Asset Managers (then Julius Baer Investments Limited) in 1995 from Yamaichi International (Europe), where he was the bank's European economist. Prior to that, he worked at the UK Treasury for three years. From 2001 until 2002 Adrian was based in Julius Baer's New York office, where he oversaw the US fixed income investments. Adrian returned to London as co-head of fixed income before launching a fixed income and currency-based hedge fund in January 2004. Adrian holds a Masters degree in Economics from McGill University, Montreal.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bulgaria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
GAM Star Discretionary FX Acc CHF
Initial charge5%
Annual charge1.5%
Min single investment£13,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price10.3309
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIPH6
GAM Star Discretionary FX Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price10.6959
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKEO5
GAM Star Discretionary FX Acc GBP
Initial charge5%
Annual charge1.5%
Min single investment£6,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price1.0848
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLXN3
GAM Star Discretionary FX Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price10.9651
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHRI1
GAM Star Discretionary FX Inc CHF
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.4794
CurrencyCHF
Price updated21/08/2012
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKTV3
GAM Star Discretionary FX Inc EUR
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKGB6
GAM Star Discretionary FX Inc GBP
Initial charge5%
Annual charge1.5%
Min single investment£6,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price0.9
CurrencyGBP
Price updated31/05/2012
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLXP0
GAM Star Discretionary FX Inc USD
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price13.0632
CurrencyUSD
Price updated02/04/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeHRI2
Data provided by

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