Fact sheet: LO Commo Risk Prem

Fund information
Fund name
LO Commodity Risk Premia (USD) I A
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund managers
  • Laurent Jouesince 06/07/2011
  • Marc Pellaudsince 06/07/2011
Fund objective
The Fund seeks to replicate the performance of the LOIM Commodity Index. The LOIM Commodity Index is a UCITS IV compliant index providing a broad and diversified commodity exposure, tracking the performance of twenty-one commodities futures selected from four broad sectors including industrial metals, precious metals, energy and agriculture. The Index is rebalanced every month based on our systematic risk parity allocation methodology and is optimized using the ”S&P GSCI Dynamic Roll” Forward Optimization Strategy which aims at minimizing negative roll returns in contangoed futures markets.
Benchmark
  • Bloomberg Commodity
Investment style
Passive/Tracking
Investment method
Synthetic, Futures
Quick stats
1 Year return
3.3%
1 Year rank in sector
-
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.
0.96%
Fund size
£82m (£94m 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.
70
Top in this sector
Fund name1 Year
EGI Earth Gold120.2%
LLB Craton Cap Precious Metal102.9%
Investec Global Gold89.4%
LO Wld Gld Expts88.2%
Franklin Gold&Prec Met87.1%
...more in FO Commodity & Energy

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%1.6%8.5%3.3%-26.5%-35.1%
Sector-0.4%3.5%14.5%16.8%-13.2%-18.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund9.4%-21%-13.8%-7.9%-1.7%
Sector20.6%-19.8%-9%-6.6%-3.4%
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.
-7.37
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.
0.7
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%.
11.47
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.
7.03
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.
-0.85
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.
0.76
Price movement
52 week high6.07
52 week low5.01
Current bid price-
Current offer price-
Current mid price5.9
Region
No data available.
Industry sector
1Metal Products46.2%
2Fishery, Agriculture & Forestry39.6%
3Energy14.2%
Asset type
1Commodity & Energy100%
Individual holdings
No data available.
Management
Fund manager group
Lombard Odier
Fund manager company
Lombard Odier
Fund type
Offshore Fund
Fund objective
The Fund seeks to replicate the performance of the LOIM Commodity Index. The LOIM Commodity Index is a UCITS IV compliant index providing a broad and diversified commodity exposure, tracking the performance of twenty-one commodities futures selected from four broad sectors including industrial metals, precious metals, energy and agriculture. The Index is rebalanced every month based on our systematic risk parity allocation methodology and is optimized using the ”S&P GSCI Dynamic Roll” Forward Optimization Strategy which aims at minimizing negative roll returns in contangoed futures markets.
Benchmark
  • Bloomberg Commodity
Investment style
Passive/Tracking
Investment method
Synthetic, Futures
Fund managers
NameSinceBiography
Laurent Joue06/07/2011Laurent 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 Pellaud06/07/2011Marc 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, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
LO Commodity Risk Premia (CHF) I A
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price5.5335
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04LA
LO Commodity Risk Premia (CHF) M A
Initial charge5%
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price5.4121
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5VF
LO Commodity Risk Premia (CHF) P A
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price5.2765
CurrencyCHF
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04LB
LO Commodity Risk Premia (CHF) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price5.5375
CurrencyCHF
Price updated06/06/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHDQ
LO Commodity Risk Premia (EUR) I A
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price5.6134
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04LC
LO Commodity Risk Premia (EUR) M A
Initial charge-
Annual charge0.83%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.18%
Bid price-
Offer price-
Mid price5.4483
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM2H
LO Commodity Risk Premia (EUR) P A
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price5.3697
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04LD
LO Commodity Risk Premia (EUR) R A
Initial charge3%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price5.2178
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFAVS
LO Commodity Risk Premia (EUR) S A
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price5.7491
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFF9M
LO Commodity Risk Premia (GBP) Systematic Hedged I D
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price7.4232
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFETT
LO Commodity Risk Premia (USD) I A
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price5.8989
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04LE
LO Commodity Risk Premia (USD) M A
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price7.8396
CurrencyUSD
Price updated22/05/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF5VG
LO Commodity Risk Premia (USD) P A
Initial charge5%
Annual charge0.75%
Min single investment£3,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price5.6314
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04LF
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.