Fact sheet: Odey Giano European

Fund information
Fund name
Odey Giano European GBP
Fund manager company
Odey Asset Mgt
Fund type
No data available.
Fund manager
  • Michele Ragazzisince 17/11/2011
Fund objective
The fund aims to provide long term capital growth by investing in or taking exposure to a diverse range of asset classes including equities, equity related securities (such as warrants, convertible bonds and exchange traded funds), derivatives (including those simulating short positions), government and corporate debt securities, collective investment schemes (including exchange traded funds), commodities, currencies and cash. The securities in which the fund will invest will primarily be listed or traded on one or more recognised exchanges worldwide (including emerging markets). The fund has the discretion to invest in a range of investments as described above with no need to adhere to a particular benchmark. The fund has no specific target market or asset class and any one asset class may account for up to 100% of the assets of the fund at any given time. The success or failure of the fund is based on the Investment Manager’s expertise in allocating assets across the most opportune asset classes at any given time. The fund may invest up to 10%, in aggregate, of its net assets in collective investment schemes. Derivatives may be used for investment purposes and to manage the risk profile of the fund. The fund may take long and short positions in any class.
Benchmark
  • MSCI Daily TR Net Europe Index
Investment style
Flexible,Growth
Investment method
Mixed
Quick stats
1 Year return
-4.4%
1 Year rank in sector
145/150
Sector
FO Mixed Asset - Flexible
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.
1.46%
Fund size
£68m (£88m 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
Investec EmrgMktsMA31.5%
HSBC Pfl World Seltn 427.9%
Smith & Williamson Mid-OceanWdInv25.1%
Northstar Mgd Stg24.1%
Baring Dynamic Emg Mkts21.8%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%1.8%-3.1%-4.4%5.5%-
Sector0.2%4%4.2%4.8%10.9%26.9%
Rank within sector17 / 165132 / 166156 / 159145 / 15079 / 107-
Quartile1st4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-6.5%-0.2%7.1%14.8%3.7%
Sector3.1%-0.1%5%6.8%6.9%
Rank within sector153 / 15672 / 12935 / 11221 / 9762 / 78
Quartile4th3rd2nd1st4th
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.
2.38
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.
-0.12
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%.
8.4
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.
10.16
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.
-0.25
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.
0.01
Price movement
52 week high126.48
52 week low114.09
Current bid price-
Current offer price-
Current mid price116.36
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1PLUS500 LTD6.4%
2GRAND CITY PROPERTIES SA5.7%
3AROUNDTOWN PROPERTY5.5%
4INTERNATIONAL GAME TECHNOLOGY PLC5.2%
5TDC A/S4.6%
6PRIMECITY INV PLC4.5%
7AMAYA INC4.4%
8OCADO GROUP PLC3.9%
9GVC3.5%
Management
Fund manager group
Odey
Fund manager company
Odey Asset Mgt
Fund type
No data available.
Fund objective
The fund aims to provide long term capital growth by investing in or taking exposure to a diverse range of asset classes including equities, equity related securities (such as warrants, convertible bonds and exchange traded funds), derivatives (including those simulating short positions), government and corporate debt securities, collective investment schemes (including exchange traded funds), commodities, currencies and cash. The securities in which the fund will invest will primarily be listed or traded on one or more recognised exchanges worldwide (including emerging markets). The fund has the discretion to invest in a range of investments as described above with no need to adhere to a particular benchmark. The fund has no specific target market or asset class and any one asset class may account for up to 100% of the assets of the fund at any given time. The success or failure of the fund is based on the Investment Manager’s expertise in allocating assets across the most opportune asset classes at any given time. The fund may invest up to 10%, in aggregate, of its net assets in collective investment schemes. Derivatives may be used for investment purposes and to manage the risk profile of the fund. The fund may take long and short positions in any class.
Benchmark
  • MSCI Daily TR Net Europe Index
Investment style
Flexible,Growth
Investment method
Mixed
Fund manager
NameSinceBiography
Michele Ragazzi17/11/2011Michele joined Odey in 2007 and manages the Giano Capital funds. From 1992-2007 Michele managed Giano Capital Ltd., and took the funds with him when he set up Newman Ragazzi & Co. Ltd in 1998. Prior to Newman Ragazzi he was with Mediobanca and Deutsche Bank. Michele graduated from Bocconi University, Milan in 1985.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Australia, Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Netherlands, Offshore, Singapore
Odey Giano European EUR
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)4.91%
Bid price-
Offer price-
Mid price114.0353
CurrencyEUR
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0MUX
Odey Giano European GBP
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)4.65%
Bid price-
Offer price-
Mid price116.3592
CurrencyGBP
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0MUY
Odey Giano European M GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.26
CurrencyGBP
Price updated22/02/2013
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeIBPX
Odey Giano European USD
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.46%
Total expense ratio (TER)4.92%
Bid price-
Offer price-
Mid price116.7843
CurrencyUSD
Price updated27/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0Z6F
Data provided by

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