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
7.2%
1 Year rank in sector
26/118
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
£101m (£159m last year)
Top in this sector
Fund name1 Year
Stratton Street Japan Syn Warrant85.4%
Income Partners AllSeasnAsCred33.9%
Candriam GFUS Eq Opp32.4%
MontLake ToscaMiCaUCITS31.4%
FundLogic MS DltnAsPfcUCITS21.9%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • Hong Kong & China17.9%
    Others10.9%
    Japan9.6%
    Singapore4%
    Korea0%
  • Information Technology14.3%
    Consumer Staples13.9%
    Financials11.4%
    Materials10.9%
    Consumer Discretionary8.2%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%3.2%10.1%7.2%22.1%28.6%
Sector0.2%1.6%1.3%2.6%4.4%11.6%
Rank within sector26 / 12234 / 1348 / 13226 / 118--
Quartile1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.5%----
Sector1.5%-2%2.7%2.5%7.1%
Rank within sector28 / 134----
Quartile1st
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.
4.55
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.
1.26
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.
0.24
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%.
10.35
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.
9.55
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.
0.47
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.
0.15
Price movement
52 week high107.23
52 week low93.77
Current bid price-
Current offer price-
Current mid price106.99
Region
1Hong Kong & China17.88%
2Others10.91%
3Japan9.61%
4Singapore4.02%
5Korea0.04%
6Australia-0.01%
Industry sector
1Information Technology14.32%
2Consumer Staples13.91%
3Financials11.4%
4Materials10.86%
5Consumer Discretionary8.22%
6Industrials6.5%
7Health Care3.77%
8Real Estate3.72%
9Telecommunications Utilities3.11%
Asset type
No data available.
Individual holdings
1HITACHI KOKUSAI ELECTRIC5.3%
2SYNGENTA AG5.01%
3NTT URBAN DEVELOPMENT CORP4.12%
4WH GROUP LTD3.76%
5MEAD JOHNSON NUTRITION3.38%
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 price119.56
CurrencyUSD
Price updated27/03/2017
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 price113.71
CurrencyEUR
Price updated27/03/2017
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 price117.26
CurrencyUSD
Price updated27/03/2017
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 price110.99
CurrencyEUR
Price updated27/03/2017
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 price115.54
CurrencyGBP
Price updated27/03/2017
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 price114.52
CurrencyUSD
Price updated27/03/2017
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 price106.99
CurrencyCHF
Price updated27/03/2017
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 price121.54
CurrencyEUR
Price updated27/03/2017
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 price123.34
CurrencyUSD
Price updated27/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKUB3
Data provided by

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