Fact sheet: JB Mlticoop Cmdty

Fund information
Fund name
JB Multicooperation Commodity C USD
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund managers
  • Christian Gerlachsince 30/09/2011
  • Fabien Webersince 28/02/2006
Fund objective
The fund invests actively in the Bloomberg Commodity Index TR, which encompasses commodities in energy, agriculture, livestock and precious and industrial metals. The aim of the fund is to achieve in the long term a greater rate of return than that of the benchmark. The fund is suitable for investors who want to participate in the attractive development potential of the commodities markets and who have a long-term investment horizon as well as a medium to high risk tolerance. The share classes which are not denominated in USD (CHF, EUR & GBP), feature currency hedging against the USD.
Benchmark
  • Bloomberg Commodity Index TR Hedged CHF
Investment style
None
Investment method
Shares
Quick stats
1 Year return
7.2%
1 Year rank in sector
59/97
Sector
FO Commodity & Energy
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.
1.08%
Fund size
£236m (£228m 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.
102
Top in this sector
Fund name1 Year
EGI Earth Gold105.7%
LLB Craton Cap Precious Metal82.5%
LLB Craton Capital Gbl Res71.1%
Baring Global Mining62.7%
SIA Long Term Invest Nat Res51.5%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

  • No data available.
  • Energy35.6%
    Fishery, Agriculture & Forestry23.2%
    Industrial Commodities15.8%
    Precious Metals & Stones12.8%
    Soft Commodities9.2%
  • Commodity & Energy99%
    Money Market1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%4.8%1%7.2%-29.4%-36.7%
Sector0.9%1.8%6.7%15.7%-11.3%-23%
Rank within sector60 / 9845 / 10072 / 10059 / 9769 / 8947 / 74
Quartile3rd2nd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund11%-25%-15.9%-8.4%1%
Sector20.9%-19.8%-9%-6.6%-3.4%
Rank within sector62 / 9858 / 9766 / 8949 / 8327 / 74
Quartile3rd3rd3rd3rd2nd
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.
-7.98
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.
0.72
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.
-0.02
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%.
13.4
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.
9.5
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.
-0.72
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.
0.59
Price movement
52 week high67.36
52 week low54.79
Current bid price-
Current offer price-
Current mid price64.83
Region
No data available.
Industry sector
1Energy35.64%
2Fishery, Agriculture & Forestry23.16%
3Industrial Commodities15.84%
4Precious Metals & Stones12.77%
5Soft Commodities9.21%
6Materials2.38%
7Money Market1%
Asset type
1Commodity & Energy99%
2Money Market1%
Individual holdings
1CRUDE OIL WTI10.96%
2GOLD8.92%
3NATURAL GAS7.87%
4BRENT CRUDE7.33%
5COPPER6.19%
Management
Fund manager group
Swiss&Gbl Asset Management
Fund manager company
GAM (Luxembourg) S.A.
Fund type
Offshore Fund
Fund objective
The fund invests actively in the Bloomberg Commodity Index TR, which encompasses commodities in energy, agriculture, livestock and precious and industrial metals. The aim of the fund is to achieve in the long term a greater rate of return than that of the benchmark. The fund is suitable for investors who want to participate in the attractive development potential of the commodities markets and who have a long-term investment horizon as well as a medium to high risk tolerance. The share classes which are not denominated in USD (CHF, EUR & GBP), feature currency hedging against the USD.
Benchmark
  • Bloomberg Commodity Index TR Hedged CHF
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Christian Gerlach30/09/2011Christian Gerlach is a Portfolio Manager within the commodities Team. Prior to joining GAM Group in January 2010, he was head of commodity research at Dow Jones & Company, advising industrial companies in Europe on raw material risk management. Prior to that, he worked at Diapason Commodity Management in Switzerland, where his primary responsibilities were product management and market analysis. Christian Gerlach holds a MSc in Global Economic History from the London School of Economics & Political Science and an MA in Contemporary History from the University of Fribourg. He is based in Zurich.
Fabien Weber28/02/2006Fabien Weber is a Portfolio Manager of the Julius Baer Commodity Fund. He joined GAM Group in July 1997. Prior to assuming his current position, he was fund manager for convertible bonds and responsible for the bond nostro portfolio of Julius Baer. Furthermore, he defines and implements the commodity allocation of the Julius Baer pension fund. He started his career at UBS in Geneva in 1993. He holds a Master's degree in Finance and Economics from the University of Geneva and is a CFA Charterholder. He is based in Zurich.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Cyprus, Germany, Denmark, Spain, Estonia, Finland, United Kingdom, Iceland, Italy, Liechtenstein, Lithuania, Luxembourg, Latvia, Norway, Offshore, Singapore, Sweden
JB Multicooperation Commodity A CHF
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price39.27
CurrencyCHF
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAUW7
JB Multicooperation Commodity A EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price42.38
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ164
JB Multicooperation Commodity A USD
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price49.19
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJ160
JB Multicooperation Commodity B CHF
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price47.13
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAUW6
JB Multicooperation Commodity B EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price51.21
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ163
JB Multicooperation Commodity B USD
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price59.89
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ159
JB Multicooperation Commodity C CHF
Initial charge5%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price51.04
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAUW9
JB Multicooperation Commodity C EUR
Initial charge5%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price55.43
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ166
JB Multicooperation Commodity C USD
Initial charge5%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price64.83
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ162
JB Multicooperation Commodity Ca EUR
Initial charge5%
Annual charge0.65%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price46.16
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8S7
JB Multicooperation Commodity E EUR
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.48%
Total expense ratio (TER)2.46%
Bid price-
Offer price-
Mid price47.4
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ165
JB Multicooperation Commodity E USD
Initial charge5%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.53%
Total expense ratio (TER)2.46%
Bid price-
Offer price-
Mid price55.43
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ161
Data provided by

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