Fact sheet: Odey Giano

Fund information
Fund name
Odey Giano MW GBP
Fund manager company
Odey Asset Mgt
Fund type
OEIC
Fund manager
  • Michele Ragazzisince 23/11/2011
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 Net TR Europe EUR
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-11.9%
1 Year rank in sector
119/124
Sector
FO Hedge/Stru Prod - Mixed
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.
0.96%
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.
71
Top in this sector
Fund name1 Year
LFIS VisionPremiaOpps19.4%
Garraway Garr FT16.8%
Castellain Value16.6%
Avia Altus14.6%
Nordea 1 Alpha 1512.7%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-7.7%-8.5%-11.9%--
Sector-0.1%-1.5%-0.5%-1.7%3.3%6.6%
Rank within sector99 / 120133 / 141131 / 138119 / 124--
Quartile4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-13.1%0.4%---
Sector-1.5%-0.6%5.1%1.4%1.9%
Rank within sector119 / 12538 / 108---
Quartile4th2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high103.37
52 week low88.81
Current bid price-
Current offer price-
Current mid price88.26
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Odey
Fund manager company
Odey Asset Mgt
Fund type
OEIC
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 Net TR Europe EUR
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Michele Ragazzi23/11/2011Michele 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
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Netherlands, Sweden
Odey Giano EUR
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 price84.0711
CurrencyEUR
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeM4EH
Odey Giano MW GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.2628
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM41N
Data provided by

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