Fact sheet: Orbis Optimal SA

Fund information
Fund name
Orbis Optimal SA EUR
Fund manager company
Orbis Investment Mgmt Limited
Fund type
OEIC
Fund manager
  • Orbis Investment Management Ltdsince 01/01/2005
Fund objective
The Fund seeks capital appreciation in US dollars or euro on a low risk global portfolio. The Fund invests principally in a focused portfolio of selected global equities believed to offer superior relative value and employs stockmarket hedging to reduce risk of loss.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Quick stats
1 Year return
9.3%
1 Year rank in sector
5/132
Sector
FO Absolute Return
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.
1.08%
Fund size
£909m
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.
80
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd14.8%
SW Mitchell Emerging European12.2%
Polar Capital UK Abs Eq11.4%
Pictet Scv II Dyn Ass Alloc9.5%
Orbis Optimal SA9.3%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • North America28%
    Japan26%
    Asia Pacific ex Japan18%
    Europe16%
    Others12%
  • No data available.
  • North American Equities28%
    Japanese Equities26%
    Asia Pacific ex Japan Equities18%
    European Equities16%
    International Equities12%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%2.7%5.6%9.3%8.8%21.2%
Sector-0.1%-0.7%0.3%-0.3%2.4%9.4%
Rank within sector35 / 1417 / 1417 / 1395 / 13212 / 8413 / 64
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.5%2.4%-3.7%12.1%1.4%
Sector-0%0.7%1.2%3.6%3.9%
Rank within sector5 / 13234 / 11582 / 8811 / 7151 / 63
Quartile1st2nd4th1st4th
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.
2.08
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.
1.06
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%.
4.9
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.
4.5
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.
0.45
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.
0.16
Price movement
52 week high15.19
52 week low13.75
Current bid price-
Current offer price-
Current mid price15.19
Region
1North America28%
2Japan26%
3Asia Pacific ex Japan18%
4Europe16%
5Others12%
Industry sector
No data available.
Asset type
1North American Equities28%
2Japanese Equities26%
3Asia Pacific ex Japan Equities18%
4European Equities16%
5International Equities12%
Individual holdings
1MITSUBISHI CORP3.3%
2XPO LOGISTICS EUROPE SA2.8%
3NETEASE INC2.6%
4APACHE CORP2.5%
5SUMITOMO CORP2.5%
6SUMITOMO MITSUI FINANCIAL GROUP INC2.5%
7JD.COM2.2%
8QUALCOMM INC2.2%
9CHARTER COMMUNICATIONS INC2.1%
Management
Fund manager group
Orbis Investment Mgmt
Fund manager company
Orbis Investment Mgmt Limited
Fund type
OEIC
Fund objective
The Fund seeks capital appreciation in US dollars or euro on a low risk global portfolio. The Fund invests principally in a focused portfolio of selected global equities believed to offer superior relative value and employs stockmarket hedging to reduce risk of loss.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Shares
Fund manager
NameSinceBiography
Orbis Investment Management Ltd01/01/2005The recommendations of a small number of senior analysts, made after a rigorous peer review process, serve as the raw materials for the Orbis Funds. A portfolio construction team then seeks to combine the strongest stock ideas into a portfolio that reflects broader market and portfolio-level considerations. In aggregate, the fund represents what we believe is the best mix of the best ideas across our investment team. William Gray, head of the investment team since 2000, is responsible for the investment process overall.
Compliance
Reporting Fund Status
Domicile
No data available.
Fund for sale in
Bermuda, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Offshore, Sweden, South Africa
Orbis Optimal SA EUR
Initial charge-
Annual charge1%
Min single investment£50,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price15.19
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJXZ3
Orbis Optimal SA USD
Initial charge-
Annual charge1%
Min single investment£50,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price15.57
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJXZ2
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.