Fact sheet: IFSL North Row Liq Prop

Fund information
Fund name
IFSL North Row Liquid Property A Acc
Fund manager company
IFSL
Fund type
OEIC
Fund manager
No data available.
Fund objective
The fund aims to provide investors with exposure to real estate markets and seeks to provide income and achieve capital gains over the long term. The fund will be actively managed and offers investors liquid exposure to global real estate by mainly investing in liquid property derivatives (such as property index total return swaps and property index futures) to gain exposure to direct property markets, listed property equities markets and listed property debt markets. These instruments have daily liquidity and dealing. In pursuit of its investment objective the fund may also invest in transferable securities, money market instruments and collective investment schemes (all of which may include structured products) to gain its exposure to global real estate markets, in addition to derivatives. This might include real estate investment trusts, real estate fixed income and collective investment schemes that seek exposure to property.
Benchmark
No data available.
Investment style
None
Investment method
None
Quick stats
1 Year return
-3%
1 Year rank in sector
41/52
Sector
UT Property
Yield
2.6%
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.
1.05%
Fund size
£29m (£31m 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.
57
Mid price
105.8
Top in this sector
Fund name1 Year
Aviva Inv Asia Pac Prop52.6%
Schroder Gbl Rel Est Sec Inc25.7%
First State AsianPropSec23.9%
BlackRock Gbl PrpSecEqTrk22.8%
F&C Gbl Real Est Secs21.8%
...more in UT Property

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-4.9%-3.3%-3%--
Sector-0.1%-0.4%1.7%4.3%21.8%34.8%
Rank within sector39 / 5144 / 5543 / 5441 / 52--
Quartile4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-3.4%2.2%---
Sector3.7%5.4%10.7%4.7%6.7%
Rank within sector40 / 5240 / 51---
Quartile4th4th
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 high111.7
52 week low102.7
Current bid price-
Current offer price-
Current mid price105.8
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1TRS REC 07/03/2017 MS K797 - MSNRRLUK GBP37.21%
2TREASURY 0% TSY BILL 22/05/17 GBP16.93%
3TREASURY 0% TSY BILL 05/12/16 GBP16.24%
4TREASURY 0% TSY BILL 18/04/17 GBP15.2%
5TREASURY 0% TSY BILL 20/02/17 GBP15.2%
6TRS REC 27/06/2017 MS K970 - MSNRRLEU EUR4.17%
7TREASURY 0% TSY BILL 02/05/17 GBP14.16%
8TREASURY 0% TSY BILL 08/05/17 GBP13.46%
9TRS REC 12/12/2016 DB K712 - RUUSINDX USD1.38%
Management
Fund manager group
IFSL
Fund manager company
IFSL
Fund type
OEIC
Fund objective
The fund aims to provide investors with exposure to real estate markets and seeks to provide income and achieve capital gains over the long term. The fund will be actively managed and offers investors liquid exposure to global real estate by mainly investing in liquid property derivatives (such as property index total return swaps and property index futures) to gain exposure to direct property markets, listed property equities markets and listed property debt markets. These instruments have daily liquidity and dealing. In pursuit of its investment objective the fund may also invest in transferable securities, money market instruments and collective investment schemes (all of which may include structured products) to gain its exposure to global real estate markets, in addition to derivatives. This might include real estate investment trusts, real estate fixed income and collective investment schemes that seek exposure to property.
Benchmark
No data available.
Investment style
None
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
IFSL North Row Liquid Property A Acc
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.8
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK3JD
IFSL North Row Liquid Property A Inc
Initial charge-
Annual charge0.5%
Min single investment£5,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.72
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK3JC
IFSL North Row Liquid Property B Acc
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.1
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK3JF
IFSL North Row Liquid Property B Inc
Initial charge-
Annual charge0.85%
Min single investment£10,000
Min regular saving£3,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.04
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK3JE
Data provided by

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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.