Fact sheet: Oldfield Overstone Gbl X US Eqty

Fund information
Fund name
Oldfield Overstone Global Ex US Equity A
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund managers
  • Richard Oldfieldsince 01/06/2006
  • Richard Garstangsince 01/06/2016
Fund objective
This fund attempts to achieve over the long term a total return in excess of that of the MSCI EAFE Index (with net dividends reinvested) through investment in a concentrated portfolio of equity securities, primarily though not exclusively of large companies, selected from the major markets (except the U.S.) and to a lesser extent from some emerging markets, worldwide. The Overstone Global ex U.S. Equity Fund is expected to have a high degree of commonality with the portfolio of the Overstone Global Equity Fund. However, it may also hold shares in considerably smaller companies than those in that portfolio.
Benchmark
  • MSCI EAFE
Investment style
Concentrated,Active
Investment method
Shares
Quick stats
1 Year return
18.7%
1 Year rank in sector
120/480
Sector
FO Equity - International
Yield
-
Fund size
£36m (£26m 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.
120
Top in this sector
Fund name1 Year
Dodge & Cox Gbl Stk39.7%
T. Rowe Price GblFcsGrEq38.3%
Morg Stnly Global Discovery36.4%
RWC Global Horizon36.3%
Melchior ST Gbl Eq34.9%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • UK38.2%
    Japan27.8%
    Korea8.5%
    Canada8.2%
    Russia4.9%
  • Financials25.6%
    Consumer Discretionary15.6%
    Materials15.6%
    Technology14.6%
    Industrials7.6%
  • UK Equities38.2%
    Japanese Equities27.8%
    South Korean Equities8.5%
    Canadian Equities8.2%
    Russian Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%2.9%11.8%18.7%4.6%36%
Sector1.3%4.6%8.4%14.1%22%55.2%
Rank within sector268 / 510371 / 50784 / 500120 / 480349 / 390257 / 292
Quartile3rd3rd1st1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund6.5%23.7%-10.6%-9.4%15.4%
Sector6.4%7.9%0.7%6%21.3%
Rank within sector245 / 50750 / 469407 / 418371 / 374280 / 328
Quartile2nd1st4th4th4th
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.
-6.69
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.
1.34
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%.
15.42
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.
9.74
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.
-0.54
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.
0.64
Price movement
52 week high154.95
52 week low120.52
Current bid price-
Current offer price-
Current mid price154.64
Region
1UK38.2%
2Japan27.8%
3Korea8.5%
4Canada8.2%
5Russia4.9%
6Greece3.9%
7Sweden3.8%
8Hong Kong & China2.5%
9Money Market2.2%
Industry sector
1Financials25.6%
2Consumer Discretionary15.6%
3Materials15.6%
4Technology14.6%
5Industrials7.6%
6Utilities7.2%
7Energy4.9%
8Consumer Staples4.2%
9Health Care2.5%
Asset type
1UK Equities38.2%
2Japanese Equities27.8%
3South Korean Equities8.5%
4Canadian Equities8.2%
5Russian Equities4.9%
6Greek Equities3.9%
7Swedish Equities3.8%
8Asia Pacific Equities2.5%
9Money Market2.2%
Individual holdings
1ACACIA MINING PLC6.6%
2LLOYDS6.2%
3SAMSUNG ELECTRONICS CO5.7%
4RIO TINTO5.3%
5MITSUBISHI UFJ FINANCIAL GROUP5.1%
Management
Fund manager group
Oldfield Partners
Fund manager company
Oldfield Partners LLP
Fund type
OEIC
Fund objective
This fund attempts to achieve over the long term a total return in excess of that of the MSCI EAFE Index (with net dividends reinvested) through investment in a concentrated portfolio of equity securities, primarily though not exclusively of large companies, selected from the major markets (except the U.S.) and to a lesser extent from some emerging markets, worldwide. The Overstone Global ex U.S. Equity Fund is expected to have a high degree of commonality with the portfolio of the Overstone Global Equity Fund. However, it may also hold shares in considerably smaller companies than those in that portfolio.
Benchmark
  • MSCI EAFE
Investment style
Concentrated,Active
Investment method
Shares
Fund managers
NameSinceBiography
Richard Oldfield01/06/2006Richard was formerly chief executive of Alta Advisers Ltd. from 1997 to March, 2005. Before joining Alta in 1996 he was a director of Mercury Asset Management plc andhead of the global team. He joined the S.G. Warburg & Co./Mercury group in 1977 on graduating from Oxford. He is chairman of Keystone Investment Trust plc and of the Oxford University investment committee.
Richard Garstang01/06/2016
Compliance
Distributor Status, Reporting Fund Status
Domicile
No data available.
Fund for sale in
Cayman Islands, United Kingdom, Ireland, Offshore, Singapore, United States
Oldfield Overstone Global Ex US Equity A
Initial charge-
Annual charge1.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price154.64
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8O8
Oldfield Overstone Global Ex US Equity I
Initial charge-
Annual charge0.9%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price166.72
CurrencyUSD
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIZV3
Data provided by

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