Fact sheet: Jackdaw Real Estate

Fund information
Fund name
Jackdaw Real Estate B1
Fund manager company
Jackdaw Capital LLP
Fund type
Offshore Fund
Fund manager
  • Nicolas Rabenersince 29/11/2013
Fund objective
No data available.
Benchmark
  • HFRX Equity Market Neutral Index
Investment style
Absolute Return,Market Neutral
Investment method
Property
Quick stats
1 Year return
-7%
1 Year rank in sector
86/109
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Fund size
£0m
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.
75
Top in this sector
Fund name1 Year
Majedie Tortoise28.4%
MontLake ToscaMiCaUCITS27.8%
DNB ECO Abs Rt25.9%
Stratton Street Japan Syn Warrant21%
Income Partners AllSeasnAsCred19.5%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-4.6%-6.3%-7%--
Sector0.6%-0.1%0.5%-2.2%3.5%14.6%
Rank within sector103 / 118113 / 127109 / 12186 / 109--
Quartile4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-6.7%1%---
Sector-1.9%2.7%2.5%7.1%3.9%
Rank within sector86 / 11060 / 94---
Quartile4th3rd
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 high101.91
52 week low92.77
Current bid price-
Current offer price-
Current mid price94.1
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
Jackdaw Capital LLP
Fund type
Offshore Fund
Fund objective
No data available.
Benchmark
  • HFRX Equity Market Neutral Index
Investment style
Absolute Return,Market Neutral
Investment method
Property
Fund manager
NameSinceBiography
Nicolas Rabener29/11/2013Nicolas Rabener is the Managing Partner and founder of Jackdaw Capital. Previously, he worked at GIC (Government of Singapore Investment Corporation) in London, co-managing a $1bn portfolio of European real estate securities pursuing an absolute return strategy. In addition he had origination and execution of private equity and debt transactions across real estate sectors (office, retail, residential, industrial) in Europe. Before GIC, he worked in real estate investment banking at Citigroup in London and New York, advising on numerous M&A, equity and debt transactions across real estate sectors and geographies (Europe, US, Middle East and Asia). Additionally, work experience at Merrill Lynch in New York, Credit Suisse First Boston in London, KPMG and Deutsche Boerse in Frankfurt. He completed Master of Science in Management from HHL Leipzig Graduate School of Management and CAIA charter holder. He enjoys endurance sports (100km Ultramarathon, Mont Blanc, Mount Kilimanjaro).
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Luxembourg, Offshore
Jackdaw Real Estate B1
Initial charge-
Annual charge1.5%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.1009
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKN2H
Jackdaw Real Estate B2
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 price92.3644
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKODY
Data provided by

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