Fact sheet: MirAlt SICAV North America

Fund information
Fund name
MirAlt SICAV North America A USD
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund manager
  • Vaqar Zuberisince 01/01/2012
Fund objective
The fund provides investors with exposure to mainly North American equity strategies coupled with reduced volatility, and offers monthly liquidity.
Benchmark
  • HFRX Equity Hedge (EUR) Index
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
-5.5%
1 Year rank in sector
78/109
Sector
FO Hedge/Stru Prod - Equity
Yield
-
Fund size
£149m (£173m 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.
61
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

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund--1.7%-0.4%-5.5%-6%13.5%
Sector-0.1%0.1%0.5%-2.6%3%14.3%
Rank within sector-92 / 12763 / 12078 / 10964 / 7231 / 49
Quartile3rd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-3.6%-6.4%2.3%17.1%5.2%
Sector-2.1%2.7%2.5%7.1%3.9%
Rank within sector66 / 11088 / 9440 / 7417 / 6628 / 51
Quartile3rd4th3rd2nd3rd
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.
-3.9
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.
2.06
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%.
8.02
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.
5.59
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.
-0.48
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.
0.7
Price movement
52 week high152.79
52 week low141.13
Current bid price-
Current offer price-
Current mid price147.28
Region
1International85.6%
2Money Market14.4%
Industry sector
1Hedge85.6%
2Money Market14.4%
Asset type
1Hedge85.6%
2Money Market14.4%
Individual holdings
1FINDLAY PARK AMERICAN GBP11.6%
2HHR TITAN9.4%
3EASTSIDECAPITAL SA9.2%
4LUMINUS ENERGY PARTNERS9.1%
5M KINGDON OFFSHORE LTD8.8%
Management
Fund manager group
Mirabaud
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund objective
The fund provides investors with exposure to mainly North American equity strategies coupled with reduced volatility, and offers monthly liquidity.
Benchmark
  • HFRX Equity Hedge (EUR) Index
Investment style
Long/Short
Investment method
Equity
Fund manager
NameSinceBiography
Vaqar Zuberi01/01/2012Vaqar Zuberi, Portfolio Manager and Analyst, joined Mirabaud and Cie in April 2007. Prior to joining Mirabaud, Mr. Zuberi worked for EFG Private Bank Ltd. in London as Senior Analyst conducting hedge fund manager analysis and selection for the bank’s multi-manager funds as well as for private client hedge fund portfolios. Mr. Zuberi started his career at Schonfeld Securities LLC in New York in 1989 as a proprietary equities trader developing and implementing quantitative trading strategies. Mr. Zuberi holds a Bachelors degree in Engineering from Columbia University, a Masters of Business Administration in Finance from New York University, and a Diploma in International Business Management from HEC (France). Mr. Zuberi is a CFA charterholder.
Compliance
Transparent for Swiss Tax
Domicile
No data available.
Fund for sale in
Switzerland, Spain, France, United Kingdom, Italy, Luxembourg, Offshore
MirAlt SICAV North America A CHF
Initial charge3%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.68
CurrencyCHF
Price updated31/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04L2
MirAlt SICAV North America A EUR
Initial charge3%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138.43
CurrencyEUR
Price updated31/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJXY3
MirAlt SICAV North America A USD
Initial charge3%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.28
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF9A2
MirAlt SICAV North America I CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.9
CurrencyCHF
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFWHZ
MirAlt SICAV North America I USD
Initial charge3%
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.51
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJXY6
Data provided by

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