Fact sheet: Gabelli Merger Arbtrg

Fund information
Fund name
Gabelli Merger Arbitrage R Acc USD
Fund manager company
Gabelli Funds LLC
Fund type
Offshore Fund
Fund managers
  • Willis Bruckersince 01/10/2011
  • Raffaele Roccosince 01/10/2011
  • Paolo Vicinellisince 01/10/2011
Fund objective
Seeks to achieve long term capital growth by engaging in risk arbitrage strategies.
Benchmark
No data available.
Investment style
Merger Arbitrage
Investment method
Equity
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Equity
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.
2.84%
Fund size
£208m (£204m last year)
Top in this sector
Fund name1 Year
Stratton Street Japan Syn Warrant49.6%
MontLake ToscaMiCaUCITS43.9%
Candriam GFUS Eq Opp31.4%
Income Partners AllSeasnAsCred28%
SR Global Japan25.3%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%1.2%1.1%---
Sector1%1%3.1%3.8%6.7%15.9%
Rank within sector103 / 13767 / 13886 / 134---
Quartile4th2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.2%----
Sector2.5%-2%2.7%2.5%7.1%
Rank within sector98 / 135----
Quartile3rd
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 high10.3
52 week low9.92
Current bid price-
Current offer price-
Current mid price10.27
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Gabelli Funds LLC
Fund type
Offshore Fund
Fund objective
Seeks to achieve long term capital growth by engaging in risk arbitrage strategies.
Benchmark
No data available.
Investment style
Merger Arbitrage
Investment method
Equity
Fund managers
NameSinceBiography
Willis Brucker01/10/2011
Raffaele Rocco01/10/2011
Paolo Vicinelli01/10/2011
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Gabelli Merger Arbitrage A CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.868
CurrencyCHF
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0GC3
Gabelli Merger Arbitrage A EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2325
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GC1
Gabelli Merger Arbitrage A Hedged SEK
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 price10.3504
CurrencySEK
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC4PX
Gabelli Merger Arbitrage A USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.4298
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GC2
Gabelli Merger Arbitrage I Acc USD
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.56%
Total expense ratio (TER)2.56%
Bid price-
Offer price-
Mid price11.7189
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GC5
Gabelli Merger Arbitrage I CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.51%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2586
CurrencyCHF
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0GC6
Gabelli Merger Arbitrage I Hedged Acc EUR
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price11.5588
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0GC4
Gabelli Merger Arbitrage I Hedged Inc GBP
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.67%
Total expense ratio (TER)2.67%
Bid price-
Offer price-
Mid price10.2056
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeND9U
Gabelli Merger Arbitrage I Hedged SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3404
CurrencySEK
Price updated19/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC4PW
Gabelli Merger Arbitrage I Inc GBP
Initial charge5%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)5.64%
Total expense ratio (TER)5.64%
Bid price-
Offer price-
Mid price10.2925
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeND9T
Gabelli Merger Arbitrage R Acc USD
Initial charge-
Annual charge1.05%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.84%
Total expense ratio (TER)2.84%
Bid price-
Offer price-
Mid price10.2667
CurrencyUSD
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCDR
Gabelli Merger Arbitrage R Hedged Acc EUR
Initial charge-
Annual charge1.05%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.48%
Total expense ratio (TER)2.48%
Bid price-
Offer price-
Mid price10.1501
CurrencyEUR
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCDS
Gabelli Merger Arbitrage R Hedged Inc GBP
Initial charge-
Annual charge1.05%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.73%
Total expense ratio (TER)2.73%
Bid price-
Offer price-
Mid price10.1976
CurrencyGBP
Price updated19/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeND9V
Data provided by

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