Fact sheet: Kames Gbl Eqty Mrk Net

Fund information
Fund name
Kames Global Equity Market Neutral B Acc GBP
Fund manager company
Kames Capital
Fund type
OEIC
Fund managers
  • Craig Bonthronsince 20/06/2016
  • Neil Goddinsince 20/06/2016
Fund objective
The investment objective of the Fund is to generate positive absolute returns over a rolling 3 year period irrespective of market conditions by investing in the global equities market.
Benchmark
  • UK Retail Prices Index + 4%
Investment style
Absolute Return,Market Neutral
Investment method
Equity
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Hedge/Stru Prod - Equity
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.
1.15%
Fund size
£270m (£270m last year)
Top in this sector
Fund name1 Year
Stratton Street Japan Syn Warrant85.4%
Candriam GFUS Eq Opp34.4%
Income Partners AllSeasnAsCred33.9%
MontLake ToscaMiCaUCITS31.7%
FundLogic MS DltnAsPfcUCITS21.4%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%0.6%-3%---
Sector-0.2%1.5%1.2%2.5%4.3%11.5%
Rank within sector88 / 13584 / 134112 / 131---
Quartile3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund0.5%----
Sector1.4%-2%2.7%2.5%7.1%
Rank within sector80 / 134----
Quartile3rd
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.
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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.
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Price movement
52 week high10.18
52 week low9.76
Current bid price-
Current offer price-
Current mid price9.83
Region
No data available.
Industry sector
1Health Care3.8%
2Derivatives2%
3Materials1.4%
4Financials1.2%
5Industrials0.9%
6Information Technology0.7%
7Consumer Staples-
8Energy-0.3%
9Consumer Discretionary-0.8%
Asset type
No data available.
Individual holdings
1BANQUE FEDERATIVE CD 0% 04/04/20172.78%
2NORDEA BANK CD 0.35% 03/04/20172.78%
3WATSCO INC2.06%
4ANSYS INC2.04%
5ACTIVISION BLIZZARD INC1.9%
6COHERENT INC1.9%
7DISCO CORP1.75%
8BPCE CD 0% 08/03/20171.73%
9SQUARE ENIX HLDGS CO LTD1.69%
Management
Fund manager group
Kames Capital
Fund manager company
Kames Capital
Fund type
OEIC
Fund objective
The investment objective of the Fund is to generate positive absolute returns over a rolling 3 year period irrespective of market conditions by investing in the global equities market.
Benchmark
  • UK Retail Prices Index + 4%
Investment style
Absolute Return,Market Neutral
Investment method
Equity
Fund managers
NameSinceBiography
Craig Bonthron20/06/2016Craig Bonthron is an investment manager in the Equities team, responsible for co-managing global equities portfolios. He joined us in 2014 from SWIP, where he was investment director in global equities and was the joint fund manager of the SWIP Global Sustainable Equity fund and the SWIP Global Islamic Equity Fund. In addition Craig also had analysis responsibilities for the tech, energy and utility sectors. Prior to SWIP, he was a portfolio manager at Kleinwort Benson Investors, a member of the global environmental equity team, and co-manager of the KBI Global Water Fund. Craig has a 1st Class honours degree in Building Surveying, an MSc with Distinction in Business Information Technology Systems from Strathclyde Business School, and has completed level one of the CFA programme.
Neil Goddin20/06/2016Neil Goddin is Head of Equity Quantitative Analysis and also has joint responsibility for managing funds within the Global Equities team. In addition to investment management responsibilities, he leads the team responsible for building and maintaining the Kames equity investment screen, which is used across the equity team, and advising on optimising risk levels in the funds. Neil’s role differs from most typical quant professionals as he sits within the fundamental team, has joint responsibility for managing funds and is an integral part of the equity team; rather than the more traditional model where quant teams sit separately, away from investors. Neil joined us in 2012 from LV Asset Management where he was Head of Investment Risk. Prior to that, he worked for WestLB Mellon Asset Management and Deutsche Asset Management in various risk-management roles. He is a Certified Risk Manager by the Global Association of Risk Professionals.
Compliance
Transparent for Austrian Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, United Kingdom, Guernsey, Ireland, Italy, Jersey, Luxembourg, Malta, Netherlands, Offshore, Sweden
Kames Global Equity Market Neutral B Acc GBP
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8341
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GG
Kames Global Equity Market Neutral B Hedged Acc CHF
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7293
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GJ
Kames Global Equity Market Neutral B Hedged Acc EUR
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7681
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GI
Kames Global Equity Market Neutral B Hedged Acc SEK
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.5026
CurrencySEK
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GK
Kames Global Equity Market Neutral B Hedged Acc USD
Initial charge-
Annual charge1%
Min single investment£500,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8799
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GH
Kames Global Equity Market Neutral C Acc GBP
Initial charge-
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8452
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GL
Kames Global Equity Market Neutral C Hedged Acc CHF
Initial charge-
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7401
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GO
Kames Global Equity Market Neutral C Hedged Acc EUR
Initial charge-
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.777
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GN
Kames Global Equity Market Neutral C Hedged Acc USD
Initial charge-
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8915
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GM
Kames Global Equity Market Neutral P Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8538
CurrencyGBP
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GP
Kames Global Equity Market Neutral P Hedged Acc CHF
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7458
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GS
Kames Global Equity Market Neutral P Hedged Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.7844
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GR
Kames Global Equity Market Neutral P Hedged Acc USD
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.895
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN5GQ
Data provided by

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