Fact sheet: ML IS Yk Asn Evnt Drvn Ucits

Fund information
Fund name
ML IS York Asian Event Driven Ucits D CHF
Fund manager company
Merrill Lynch International
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
The investment objective of the York Asian Event-Driven UCITS Fund is to achieve attractive risk-adjusted investment results over time by investing primarily in equity securities of Asian companies using a catalyst-driven, fundamental value approach. The York Asian Event-Driven UCITS Fund focuses primarily on three areas of investment opportunities: event equities, risk arbitrage and value equities.
Benchmark
  • No Specified Index
Investment style
Event Driven-Multi Strategy
Investment method
Equity
Quick stats
1 Year return
-4%
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.
1.72%
Fund size
£107m (£85m last year)
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS24.8%
Majedie Tortoise24.8%
Income Partners AllSeasnAsCred18.5%
Ennismore Eurpn Smallar Cos16.7%
DNB ECO Abs Rt15.4%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • Others18.2%
    Japan15.8%
    Hong Kong & China14%
    Australia1.2%
    Indonesia1%
  • Consumer Discretionary17.5%
    Information Technology10.6%
    Consumer Staples10.1%
    Materials6.7%
    Industrials6.6%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.8%6.4%5.3%-4%2.6%17%
Sector-0.1%0.1%0.5%-2.6%3%14.3%
Rank within sector5 / 1128 / 12719 / 120---
Quartile1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-2.1%2.7%2.5%7.1%3.9%
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.
-1.94
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.
1.44
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%.
7.02
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.
5.4
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.
-0.28
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.
0.45
Price movement
52 week high103.19
52 week low93.77
Current bid price-
Current offer price-
Current mid price102.82
Region
1Others18.21%
2Japan15.81%
3Hong Kong & China14.01%
4Australia1.19%
5Indonesia1.02%
6Cambodia0.75%
7Singapore0.46%
8Philippines0.18%
9Korea-0.23%
Industry sector
1Consumer Discretionary17.45%
2Information Technology10.59%
3Consumer Staples10.07%
4Materials6.71%
5Industrials6.56%
6Health Care3.98%
7Telecommunications Utilities1.61%
8Financials1.38%
9Energy0.47%
Asset type
No data available.
Individual holdings
1CALSONIC KANSEI7.04%
2NTT URBAN DEVELOPMENT CORP4.32%
3SEVEN & I HOLDINGS CO LTD3.87%
4RECRUIT HLDGS CO LTD3.63%
5WH GROUP LTD3.58%
Management
Fund manager group
Merrill Lynch
Fund manager company
Merrill Lynch International
Fund type
Offshore Fund
Fund objective
The investment objective of the York Asian Event-Driven UCITS Fund is to achieve attractive risk-adjusted investment results over time by investing primarily in equity securities of Asian companies using a catalyst-driven, fundamental value approach. The York Asian Event-Driven UCITS Fund focuses primarily on three areas of investment opportunities: event equities, risk arbitrage and value equities.
Benchmark
  • No Specified Index
Investment style
Event Driven-Multi Strategy
Investment method
Equity
Fund manager
No data available.
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, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
ML IS York Asian Event Driven Ucits A USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price113.47
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUA4
ML IS York Asian Event Driven Ucits B EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price109.63
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUA6
ML IS York Asian Event Driven Ucits B USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price112.52
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUA7
ML IS York Asian Event Driven Ucits C EUR
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price106.27
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUA9
ML IS York Asian Event Driven Ucits C GBP
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price111.29
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUB1
ML IS York Asian Event Driven Ucits C USD
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price109.88
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUB0
ML IS York Asian Event Driven Ucits D CHF
Initial charge-
Annual charge1.25%
Min single investment£1,000,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.82
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN3TU
ML IS York Asian Event Driven Ucits D EUR
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price116.11
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUB2
ML IS York Asian Event Driven Ucits D USD
Initial charge-
Annual charge1.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price117.68
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUB3
Data provided by

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