Fact sheet: LO AltRskPrm

Fund information
Fund name
LO Alternative Risk Premia (USD) R A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Laurent Jouesince 06/08/2016
  • Marc Pellaudsince 06/08/2016
Fund objective
LO Funds - Alternative Risk Premia is a rule-based portfolio of long-short strategies launched in August 2014. It invests across multiple asset classes (equities, bonds, currencies, commodities, volatility) through liquid derivatives. It seeks to provide uncorrelated sources of returns to traditional asset classes and targets +5-7% (net of fees) annualized returns above cash with a volatility of 6-8%. Selected strategies are designed to be simple, stable and persistent with strong economic and financial rationales. They draw on two complementary sources of return: income and trend. Income tends to deliver a regular yield flow in stable and improving markets while trend premia have the ability to go against the market and aim to reduce exposure to market drawdowns. The team skill lies in using a risk-based framework to combine these sources of returns helping to create a robust portfolio across varying market cycles.
Benchmark
No data available.
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
0.9%
1 Year rank in sector
65/133
Sector
FO Hedge/Stru Prod - Mixed
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.
2.5%
Fund size
£141m (£152m 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.
96
Top in this sector
Fund name1 Year
H2O MultiStrategies26.1%
GLG Mkt Neutral25.4%
Castellain Value23.2%
LFIS VisionPremiaOpps19.4%
Pimco GIS Stk Pl17.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%1.8%-0.2%0.9%--
Sector-0.3%0.7%0.5%0.8%3.8%6.3%
Rank within sector109 / 15034 / 15295 / 14465 / 133--
Quartile3rd1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.1%0.9%-2.1%--
Sector0.8%-0.5%-0.6%5.1%1.4%
Rank within sector29 / 15054 / 12876 / 105--
Quartile1st2nd3rd
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 high11.09
52 week low10.45
Current bid price-
Current offer price-
Current mid price10.89
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
LO Funds - Alternative Risk Premia is a rule-based portfolio of long-short strategies launched in August 2014. It invests across multiple asset classes (equities, bonds, currencies, commodities, volatility) through liquid derivatives. It seeks to provide uncorrelated sources of returns to traditional asset classes and targets +5-7% (net of fees) annualized returns above cash with a volatility of 6-8%. Selected strategies are designed to be simple, stable and persistent with strong economic and financial rationales. They draw on two complementary sources of return: income and trend. Income tends to deliver a regular yield flow in stable and improving markets while trend premia have the ability to go against the market and aim to reduce exposure to market drawdowns. The team skill lies in using a risk-based framework to combine these sources of returns helping to create a robust portfolio across varying market cycles.
Benchmark
No data available.
Investment style
Multi Strategy
Investment method
Mixed
Fund managers
NameSinceBiography
Laurent Joue06/08/2016Laurent Joué was a management assistant at Géa from May 2005 to June 2008, where he specialized in developing management tools and quantitative reporting tools for management and sales, as well as analyzing the risks of funds of funds and optimizing portfolios (Riskdata FoFix). Mr. Joué has a Masters from the Institut Supérieur Européen de Gestion and a degree from the Ecole Supérieure de Commerce et de Gestion.
Marc Pellaud06/08/2016Marc Pellaud is a Portfolio Manager in the Systematic Investment Strategies unit. He joined Lombard Odier in 2007 in the Quantitative Analysis team. His previous works were in the field of numerical ecology with various academic and private partners. Marc Pellaud has a Ph.D. from the Swiss Institute of Technology - Lausanne.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
LO Alternative Risk Premia (CHF) I A
Initial charge5%
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price10.7347
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM4I
LO Alternative Risk Premia (CHF) M A
Initial charge5%
Annual charge0.94%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price10.6739
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM4J
LO Alternative Risk Premia (CHF) Systematic Hedged P A
Initial charge5%
Annual charge0.85%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.536
CurrencyCHF
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRWR
LO Alternative Risk Premia (EUR) I A
Initial charge5%
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price10.8857
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM4K
LO Alternative Risk Premia (EUR) M A
Initial charge5%
Annual charge0.94%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price10.8302
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM4L
LO Alternative Risk Premia (EUR) Systematic Hedged P A
Initial charge5%
Annual charge0.85%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.76%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.6901
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRPC
LO Alternative Risk Premia (EUR) Systematic Hedged P D
Initial charge5%
Annual charge0.85%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.5565
CurrencyEUR
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE9TY
LO Alternative Risk Premia (EUR) Systematic Hedged R A
Initial charge3%
Annual charge0.85%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.51%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price10.5332
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRPD
LO Alternative Risk Premia (EUR) Systematic Hedged S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price11.1218
CurrencyEUR
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN6U
LO Alternative Risk Premia (USD) I A
Initial charge5%
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price11.1488
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPHJ
LO Alternative Risk Premia (USD) I D
Initial charge5%
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price10.9415
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7QZ
LO Alternative Risk Premia (USD) M A
Initial charge5%
Annual charge0.94%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price11.0941
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM4M
LO Alternative Risk Premia (USD) P A
Initial charge5%
Annual charge0.85%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.9503
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBN0D
LO Alternative Risk Premia (USD) R A
Initial charge3%
Annual charge0.85%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.5%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price10.8908
CurrencyUSD
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9TX
LO Alternative Risk Premia (USD) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price11.2368
CurrencyUSD
Price updated07/04/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFQYY
Data provided by

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