Fact sheet: GAM StarCreditOpps$

Fund information
Fund name
GAM Star Credit Opportunities USD Inst
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund managers
  • Gregoire Mivelazsince 01/08/2015
  • Anthony Smouhasince 19/07/2011
Accolades
Fund objective
Income generation with capital appreciation.
Benchmark
  • Barclays US Aggregate Corporate
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9%
1 Year rank in sector
68/287
Sector
FO Fixed Int - Global
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.
1.52%
Fund size
£1,535m (£1,171m 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.
66
Top in this sector
Fund name1 Year
Capital Group GHIOL34.5%
Dodge & Cox Global Bond27.5%
Russell Gbl Bd27.2%
La Mondiale Global Bond26.9%
Aberdeen Global II GlGovtBd26.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • UK40.5%
    Others19.6%
    Netherlands9%
    France8.1%
    Switzerland7.4%
  • No data available.
  • UK Fixed Interest44.3%
    Global Fixed Interest19.6%
    Dutch Fixed Interest9%
    French Fixed Interest8.1%
    Swiss Fixed Interest7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%5.7%8.9%9%26%70.3%
Sector0%2%4.4%6.2%8.6%17.4%
Rank within sector35 / 30512 / 30329 / 30168 / 28721 / 2284 / 161
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.2%2.4%8.5%15.8%22.4%
Sector6.4%-1.6%3.7%-1.6%8.2%
Rank within sector91 / 29729 / 27542 / 2362 / 2047 / 169
Quartile2nd1st1st1st1st
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.
5.31
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.
0.98
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.
1.18
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%.
4.13
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.
3.25
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.
1.59
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.
0.38
Price movement
52 week high13.24
52 week low11.59
Current bid price-
Current offer price-
Current mid price13.23
Region
1UK40.48%
2Others19.6%
3Netherlands8.98%
4France8.05%
5Switzerland7.41%
6USA7.03%
7Australia4.6%
8Guernsey3.85%
Industry sector
No data available.
Asset type
1UK Fixed Interest44.33%
2Global Fixed Interest19.6%
3Dutch Fixed Interest8.98%
4French Fixed Interest8.05%
5Swiss Fixed Interest7.41%
6US Fixed Interest7.03%
7Australian Fixed Interest4.6%
Individual holdings
1LLOYDS BANK PLC FRN PERP4%
2PERSHING SQUARE HLDGS LTD 5.5% BDS 15/07/22 USD2500003.8%
3STICHTING AK RABOBANK CERTIFICATEN 6.5% PERP3.1%
4HSBC HOLDINGS FRN PERP 2.9%
5TRAFIGURA BEHEER FRN PERP2.9%
6ABERDEEN ASSET MANAGEMENT 7% PERP2.8%
7HBOS CAPITAL FUNDING LP 6.85% PERP2.7%
8TESCO 6.15% SNR NTS 15/11/37 USD100000 `144A`2.3%
9BNP PARIBAS FRN PERP2.2%
Management
Fund manager group
GAM
Fund manager company
GAM Fund Management Ltd
Fund type
OEIC
Fund objective
Income generation with capital appreciation.
Benchmark
  • Barclays US Aggregate Corporate
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Gregoire Mivelaz01/08/2015Gregoire Mivelaz is a Fund Manager at Atlanticomnium S.A. and a member of Atlanticomnium’s Management Committee. Atlanticomnium S.A. specialises in bond portfolio management. Prior to joining Atlanticomnium S.A. in 2009, Mr Mivelaz held positions both as a buy-side and as a sell-side credit analyst. Mr Mivelaz graduated from the University of St Gallen and holds a BA in Finance and Capital Markets, an MA in Economics and is a CAIA charterholder. He is based in Geneva.
Anthony Smouha19/07/2011Anthony Smouha is Chief Executive Officer of ATLANTICOMNIUM S.A. and is adviser to multiple GAM bond funds. ATLANTICOMNIUM S.A. specialises in bond portfolio management. Prior to joining ATLANTICOMNIUM S.A. in 1992, Mr Smouha was senior vice president, head of bond trading and sales at Soditic SA/SG Warburg Soditic SA, Geneva. Prior to this, he was at Credit Suisse First Boston in London. Mr Smouha was educated at Harrow School and holds an MA Cantab Hons in Economics from the University of Cambridge. He is based in Geneva.
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, Bulgaria, Switzerland, Chile, Germany, Denmark, Spain, Finland, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
GAM Star Credit Opportunities USD A USD
Initial charge5%
Annual charge1.15%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)1.89%
Bid price-
Offer price-
Mid price11.39
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPKW
GAM Star Credit Opportunities USD AQ USD
Initial charge5%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMGOB
GAM Star Credit Opportunities USD Acc
Initial charge5%
Annual charge1.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price14.9143
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05ZP
GAM Star Credit Opportunities USD C USD
Initial charge5%
Annual charge0.45%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.27%
Total expense ratio (TER)2.3%
Bid price-
Offer price-
Mid price11.27
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKPKU
GAM Star Credit Opportunities USD Inc
Initial charge5%
Annual charge1.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price11.7748
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0NHP
GAM Star Credit Opportunities USD Inst
Initial charge5%
Annual charge0.95%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price13.2279
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ72Q
GAM Star Credit Opportunities USD M USD
Initial charge5%
Annual charge1.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price10.3943
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK1VF
GAM Star Credit Opportunities USD MO II Inc SGD
Initial charge5%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.5058
CurrencySGD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN50W
GAM Star Credit Opportunities USD S Inst Inc USD
Initial charge5%
Annual charge0.95%
Min single investment£20,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price10.4342
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKPKV
GAM Star Credit Opportunities USD SO Inc USD
Initial charge5%
Annual charge1.35%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price11.6433
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJKDH
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.