Fact sheet: H2O MultiReturns

Fund information
Fund name
H2O MultiReturns N Acc
Fund manager company
Natixis Global Asset Mgmt S.A.
Fund type
OEIC
Fund managers
  • Vincent Chailleysince 15/10/2013
  • Jeremy Touboulsince 15/10/2013
Fund objective
Outperform 1-month GBP LIBOR rate by 4% p.a. over a recommended investment horizon of 3 years, less the ongoing charges ratio.
Benchmark
  • LIBOR GBP 1 Month
Investment style
Flexible,Total Return
Investment method
None
Quick stats
1 Year return
-5.3%
1 Year rank in sector
64/72
Sector
UT Targeted Absolute Return
Yield
-
Fund size
£228m (£184m 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.
101
Mid price
137.65
Top in this sector
Fund name1 Year
Majedie Tortoise22%
Jupiter Absolute Return11.2%
Threadneedle Tgt Rtn10.2%
CF Ruffer Absolute Return9.9%
Newton Mgd Tgtd Rtn7.8%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Cash Derivatives134%
    Corporate Bonds42.9%
    Government Bonds37.3%
    Cash & Cash Equivalents19.3%
    Mortgage & Secured Bonds1.5%
  • Money Market134%
    Global Corporate Fixed Interest42.4%
    Global Government Fixed Interest37.3%
    Cash & Cash Equivalents19.3%
    Global Fixed Interest1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.8%7%5.1%-5.3%36%-
Sector-1%-0.3%0.8%0.1%5.5%15%
Rank within sector1 / 731 / 7412 / 7264 / 721 / 58-
Quartile1st1st1st4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-1.6%20.8%12.2%--
Sector-0%2.2%2.5%6.5%3.3%
Rank within sector51 / 722 / 675 / 58--
Quartile3rd1st1st
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.
0.1
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.
4.04
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.
0.49
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%.
12.9
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.
12.06
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.
0.59
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.
0.28
Price movement
52 week high144.74
52 week low114.72
Current bid price-
Current offer price-
Current mid price137.65
Region
No data available.
Industry sector
1Cash Derivatives134%
2Corporate Bonds42.9%
3Government Bonds37.3%
4Cash & Cash Equivalents19.3%
5Mortgage & Secured Bonds1.5%
6Derivatives-135%
Asset type
1Money Market134%
2Global Corporate Fixed Interest42.4%
3Global Government Fixed Interest37.3%
4Cash & Cash Equivalents19.3%
5Global Fixed Interest1.5%
6Options0.5%
7Alternative Investment Strategies-135%
Individual holdings
No data available.
Management
Fund manager group
Natixis Global Asset Mgmt
Fund manager company
Natixis Global Asset Mgmt S.A.
Fund type
OEIC
Fund objective
Outperform 1-month GBP LIBOR rate by 4% p.a. over a recommended investment horizon of 3 years, less the ongoing charges ratio.
Benchmark
  • LIBOR GBP 1 Month
Investment style
Flexible,Total Return
Investment method
None
Fund managers
NameSinceBiography
Vincent Chailley15/10/2013Vincent Chailley CIO and Founding Partner: Starting his career in 1995. Vincent Chailley is a member of the French Actuaries Institute and holds a postgraduate degree in Economics and Mathematical modeling from ENSAE. He also holds a Master of Science in Applied Mathematics from the University of Paris Dauphine.
Jeremy Touboul15/10/2013Jeremy Toubou is an investment manager at H2O AM specialising in trading and chart analysis. Previously at CAAM where he was a derivatives trader before becoming an investment manager. Jeremy graduated from the University of Nice with a Bachelor’s Degree in economics. He also holds a Master’s Degree in finance from University of Nice - John Molson School of Business (Concordia University, Montreal).
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
H2O MultiReturns I Acc
Initial charge1%
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price138.22
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJT4P
H2O MultiReturns I Inc
Initial charge1%
Annual charge-
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price131.81
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJT4Q
H2O MultiReturns N Acc
Initial charge1%
Annual charge-
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price137.65
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJT4R
H2O MultiReturns N Inc
Initial charge1%
Annual charge-
Min single investment£50,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price131.78
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJT4S
H2O MultiReturns Q Acc
Initial charge1%
Annual charge-
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price137.01
CurrencyGBX
Price updated15/09/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJT4T
Data provided by

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