Fact sheet: Lyxor Tiedemann Arbtrg Strat

Fund information
Fund name
Lyxor Tiedemann Arbitrage Strategy A EUR
Fund manager company
Lyxor Asset Management S.A.S
Fund type
No data available.
Fund manager
  • TIG Advisors LLCsince 31/05/1993
Fund objective
The Lyxor/Tiedemann Arbitrage Strategy Fund (the Fund) seeks to play arbitrage deals from both a long and a short perspective and focuses on 0-30 day events within the merger arbitrage process. The Fund invests in securities in North America, Europe, Australia, South America and Asia, that are or may become subject to a tender offer, merger, liquidation, recapitalization, spin-off, proxy contest, exchange offer, leveraged buyout or bankruptcy, and will trade primarily in connection with announced transactions.
Benchmark
No data available.
Investment style
Arbitrage
Investment method
Equity
Quick stats
1 Year return
4%
1 Year rank in sector
23/109
Sector
FO Hedge/Stru Prod - Equity
Yield
2.8%
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.
83
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS27.3%
Majedie Tortoise25.8%
DNB ECO Abs Rt20.8%
Income Partners AllSeasnAsCred19.3%
Ennismore Eurpn Smallar Cos14%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-0.8%2.2%4%0.2%-
Sector0.2%-0.1%0.3%-2.7%3.2%13.8%
Rank within sector51 / 11364 / 12734 / 12023 / 10955 / 72-
Quartile2nd3rd2nd1st4th
Calendar performance
 YTD - 20162015201420132012
Fund2.8%-1%-1.9%--
Sector-2.3%2.7%2.5%7.1%3.9%
Rank within sector28 / 11071 / 9461 / 74--
Quartile2nd4th4th
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.
-0.75
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
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%.
5.3
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.
4.86
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.
-0.24
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.
0.19
Price movement
52 week high102.73
52 week low97.25
Current bid price-
Current offer price-
Current mid price101.07
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Lyxor
Fund manager company
Lyxor Asset Management S.A.S
Fund type
No data available.
Fund objective
The Lyxor/Tiedemann Arbitrage Strategy Fund (the Fund) seeks to play arbitrage deals from both a long and a short perspective and focuses on 0-30 day events within the merger arbitrage process. The Fund invests in securities in North America, Europe, Australia, South America and Asia, that are or may become subject to a tender offer, merger, liquidation, recapitalization, spin-off, proxy contest, exchange offer, leveraged buyout or bankruptcy, and will trade primarily in connection with announced transactions.
Benchmark
No data available.
Investment style
Arbitrage
Investment method
Equity
Fund manager
NameSinceBiography
TIG Advisors LLC31/05/1993
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Offshore, Singapore
Lyxor Tiedemann Arbitrage Strategy A CHF
Initial charge-
Annual charge2.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.4634
CurrencyCHF
Price updated22/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKG1G
Lyxor Tiedemann Arbitrage Strategy A EUR
Initial charge-
Annual charge2.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.0721
CurrencyEUR
Price updated22/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKF9X
Lyxor Tiedemann Arbitrage Strategy A USD
Initial charge-
Annual charge2.25%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.3261
CurrencyUSD
Price updated22/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKG1O
Lyxor Tiedemann Arbitrage Strategy EB CHF
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.9067
CurrencyCHF
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKG1M
Lyxor Tiedemann Arbitrage Strategy EB EUR
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.1019
CurrencyEUR
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKG1L
Lyxor Tiedemann Arbitrage Strategy EB USD
Initial charge-
Annual charge1.1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.9137
CurrencyUSD
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKG1K
Lyxor Tiedemann Arbitrage Strategy I
Initial charge-
Annual charge1.4%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.9429
CurrencyUSD
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ9TX
Lyxor Tiedemann Arbitrage Strategy I CHF
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.8377
CurrencyCHF
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRPS
Lyxor Tiedemann Arbitrage Strategy I EUR
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.6877
CurrencyEUR
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKF9Y
Lyxor Tiedemann Arbitrage Strategy I GBP
Initial charge-
Annual charge1.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.6895
CurrencyGBP
Price updated22/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKG1I
Data provided by

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