Fact sheet: JB EF Absolute Rtn Europe

Fund information
Fund name
JB EF Absolute Return Europe Rh GBP
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund manager
  • Kastner Andysince 29/09/2010
Fund objective
The fund seeks to achieve positive absolute returns, irrespective of the present market environment and at considerably lower volatility than equity markets. The fund invests (long and short) in liquid equities and equity-related securities of European companies. For the purpose of maintaining liquidity, the fund also holds a portfolio of short-term fixed-income investments. The fund is suitable for investors with a long-term horizon and medium to high risk tolerance who want to diversify their portfolio with an absolute-return strategy offering a low correlation with other asset classes.
Benchmark
  • ICE LIBOR GBP 3 Months
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
-3.2%
1 Year rank in sector
-
Sector
FO Absolute Return
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.
0.74%
Fund size
£1,951m (£2,489m 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.
18
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Others29.7%
    Health Care12.4%
    Information Technology12.3%
    Industrials11.5%
    Consumer Discretionary11.1%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-0.2%-1%-3.2%3.9%-
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-3.5%3.8%3.1%4.7%-
Sector0.3%0.7%1.2%3.6%3.9%
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.
0.91
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.
0.55
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
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%.
2.37
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.
2.3
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.
0.24
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.
0.18
Price movement
52 week high108.38
52 week low103.67
Current bid price-
Current offer price-
Current mid price104.61
Region
No data available.
Industry sector
1Others29.7%
2Health Care12.4%
3Information Technology12.3%
4Industrials11.5%
5Consumer Discretionary11.1%
6Consumer Staples10.7%
7Utilities7.7%
8Telecommunications Utilities4.6%
Asset type
No data available.
Individual holdings
1FRESENIUS SE & CO KGAA1.79%
2RECORDATI1.69%
3ATOS1.65%
4TELEPERFORMANCE1.6%
5HENKEL AG & CO KGAA1.52%
6ASML HOLDING NV-1.47%
7ESSILOR INTERNATIONAL-1.53%
8BEIERSDORF AG-1.54%
9BUREAU VERITAS-1.54%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund seeks to achieve positive absolute returns, irrespective of the present market environment and at considerably lower volatility than equity markets. The fund invests (long and short) in liquid equities and equity-related securities of European companies. For the purpose of maintaining liquidity, the fund also holds a portfolio of short-term fixed-income investments. The fund is suitable for investors with a long-term horizon and medium to high risk tolerance who want to diversify their portfolio with an absolute-return strategy offering a low correlation with other asset classes.
Benchmark
  • ICE LIBOR GBP 3 Months
Investment style
Absolute Return
Investment method
Shares
Fund manager
NameSinceBiography
Kastner Andy29/09/2010Andy Kastner joined Julius Baer in July 2008. In his role as Head of European Equities he manages European equity funds and mandates.Before, he worked as a fund manager for several theme and sector funds at Credit Suisse for seven years. Prior to that, he worked at Bank Vontobel as an analyst and portfolio manager for European equities. He started his career at UBS in different functions in investment research and asset management. He holds a Master in Banking and Finance from the University of Zurich and is CFA Charterholder (Chartered Financial Analyst).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cyprus, Germany, Denmark, Spain, Estonia, Finland, France, United Kingdom, Ireland, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Netherlands, Norway, Offshore, Singapore, Sweden
JB EF Absolute Return Europe A EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price112.72
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLIX9
JB EF Absolute Return Europe Ah CHF
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price101.51
CurrencyCHF
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code05S2
JB EF Absolute Return Europe Ah GBP
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price105
CurrencyGBP
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0SHL
JB EF Absolute Return Europe Ah USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price102.97
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0M6F
JB EF Absolute Return Europe B EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price115.61
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLIX8
JB EF Absolute Return Europe Bh CHF
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price104.32
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code05S1
JB EF Absolute Return Europe Bh GBP
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.35%
Bid price-
Offer price-
Mid price107.49
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0SHK
JB EF Absolute Return Europe Bh USD
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price106.79
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0M6G
JB EF Absolute Return Europe C EUR
Initial charge5%
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price120.11
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLIY1
JB EF Absolute Return Europe CA EUR
Initial charge5%
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price117.96
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLIY2
JB EF Absolute Return Europe Ch CHF
Initial charge5%
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price107.97
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05S3
JB EF Absolute Return Europe Ch GBP
Initial charge5%
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price110.53
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0SHM
JB EF Absolute Return Europe Ch USD
Initial charge5%
Annual charge0.6%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price109.77
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0M6H
JB EF Absolute Return Europe E EUR
Initial charge5%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.12%
Total expense ratio (TER)2.1%
Bid price-
Offer price-
Mid price110.77
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLIY0
JB EF Absolute Return Europe Rh GBP
Initial charge5%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)0.76%
Bid price-
Offer price-
Mid price104.61
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDQC
Data provided by

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