Fact sheet: GAM Star MBS Ttl Rtn

Fund information
Fund name
GAM Star MBS Total Return Inst Acc GBP
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund managers
  • Tom Mansleysince 22/07/2014
  • Gary Singleterrysince 22/07/2014
Fund objective
Aims to deliver strong absolute returns across market cycles through investing in Agency and NonAgency residential and commercial asset backed securities.
Benchmark
  • BOFA Merrill Lynch US Mortgage Backed Securities Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.9%
1 Year rank in sector
-
Sector
FO Fixed Int - USD Securitised
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.
0.84%
Fund size
£479m (£259m 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.
7
Top in this sector
Fund name1 Year
Fidelity US Loan4.5%
GAM Star MBS Ttl Rtn3.9%
Manulife US Treas Infln Ptd Sec1.5%
BNP Paribas FlexIUSMrtg1%
Allianz ShDrGblREBd-
...more in FO Fixed Int - USD Securitised

Performance snapshot

Holdings snapshot

  • No data available.
  • CCC27.5%
    BBB18.5%
    BB14.1%
    B11.8%
    A9.5%
  • Global Corporate Fixed Interest45.9%
    Global Fixed Interest27.8%
    Money Market26.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.5%2.9%3.9%--
Sector-1.1%-0.7%0.7%1.8%5.6%12.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund3.5%3.6%---
Sector2.8%-1.8%5.3%-2.5%8%
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high10.74
52 week low10.24
Current bid price-
Current offer price-
Current mid price10.74
Region
No data available.
Industry sector
1CCC27.54%
2BBB18.51%
3BB14.1%
4B11.81%
5A9.54%
6AA7.1%
7AAA4.96%
8Money Market3.2%
9CC2.81%
Asset type
1Global Corporate Fixed Interest45.91%
2Global Fixed Interest27.79%
3Money Market26.3%
Individual holdings
1JPMAC 2007-CH1 AF4 5.033163% STEP 2036-11-254.1%
2BAYC 2007-4A A1 FRN 2037-09-253%
3POPLR 2007-A A2 FRN 2047-06-252.1%
4LROCK 2014-2A D FRN 2026-04-181.7%
5BAYC 2005-2A A1 FRN 2035-08-251.2%
6BAYC 2007-2A A1 FRN 2037-07-251.2%
7MCLO 2014-6A C FRN 2025-05-131.2%
8SASC 2005-16 1A2 5.5% 2035-09-251.2%
9GEBL 2007-1A B FRN 2035-04-161.1%
Management
Fund manager group
GAM
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund objective
Aims to deliver strong absolute returns across market cycles through investing in Agency and NonAgency residential and commercial asset backed securities.
Benchmark
  • BOFA Merrill Lynch US Mortgage Backed Securities Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Tom Mansley22/07/2014Tom Mansley serves as Singleterry Mansley Asset Management’s Chief Investment Officer (CIO). Before joining the company in 2008, he was a managing director and Head of Structured Products at Seix Advisors, an asset management subsidiary of SunTrust with USD 21 billion of fixed income assets under management. Prior to that, he held several senior roles at major global banks, particularly in trading and managing portfolios of mortgage-backed securities. He started his career in the financial services industry 25 years ago, in risk management. Tom Mansley holds a BS in mathematics and computer science as well as a MBA from Pace University and an MS in mathematics from the Courant Institute at New York University. He is also a CFA Charterholder.
Gary Singleterry22/07/2014Gary Singleterry is the founder of Singleterry Mansley Asset Management and its CEO. He has been providing investment banking and advisory services for the mortgage and financial institutions industries for over 35 years and managing CMO derivatives portfolios for over 20 years. After starting his career in investment banking, he established and led the mortgage research and mortgage finance groups at Prudential Securities. He has also served on the National Advisory Council of the Federal National Mortgage Association (Fannie Mae). Gary Singleterry holds a BA in Applied Mathematics and Economics from Harvard College and earned an MBA from Stanford University.
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, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
GAM Star MBS Total Return C Acc
Initial charge5%
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0479
CurrencyUSD
Price updated13/11/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXAC
GAM Star MBS Total Return CQ II Inc USD
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 price10.0228
CurrencyUSD
Price updated29/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNMNP
GAM Star MBS Total Return Hedged Acc CHF
Initial charge5%
Annual charge1.3%
Min single investment£13,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price10.3611
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKV5D
GAM Star MBS Total Return Hedged Acc EUR
Initial charge5%
Annual charge1.3%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price10.3898
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKV5E
GAM Star MBS Total Return Inst Acc GBP
Initial charge5%
Annual charge0.6%
Min single investment£12,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price10.7442
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQET
GAM Star MBS Total Return Inst Acc USD
Initial charge5%
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price10.7839
CurrencyUSD
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKPVN
GAM Star MBS Total Return Inst Hedged Acc CHF
Initial charge5%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2275
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMW3A
GAM Star MBS Total Return Inst Hedged Acc EUR
Initial charge5%
Annual charge0.6%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price10.5218
CurrencyEUR
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKTWY
GAM Star MBS Total Return Inst Hedged Inc EUR
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price10.2683
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM66J
GAM Star MBS Total Return Inst Inc GBP
Initial charge5%
Annual charge0.6%
Min single investment£12,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.2743
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNB2S
GAM Star MBS Total Return Inst Inc USD
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price10.5501
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMFSB
GAM Star MBS Total Return U Acc USD
Initial charge5%
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price10.7352
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0GJ
GAM Star MBS Total Return U EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price10.5522
CurrencyEUR
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM0YQ
GAM Star MBS Total Return USD
Initial charge5%
Annual charge1.3%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price10.6047
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKXAD
GAM Star MBS Total Return W Acc GBP
Initial charge5%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.6247
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNBRR
GAM Star MBS Total Return Z Acc USD
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 price10.3053
CurrencyUSD
Price updated29/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9AS
Data provided by

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