Fact sheet: Oyster Market Neutral

Fund information
Fund name
Oyster Market Neutral C EUR PF
Fund manager company
SYZ Asset Management (Luxembou
Fund type
Offshore Fund
Fund managers
  • Banque SYZ & CO SAsince 05/08/2009
  • Giacomo Pichettosince 01/07/2013
  • Stefano Girolasince 01/07/2013
Fund objective
The fund's objective is to provide investors with capital growth while keeping the fund's volatility below the volatility of the stock markets in which it is invested.
Benchmark
  • LIBOR EUR 3 month
Investment style
Market Neutral
Investment method
Equity
Quick stats
1 Year return
-9.3%
1 Year rank in sector
93/106
Sector
FO Hedge/Stru Prod - Equity
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.
2.22%
Fund size
£169m (£212m 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.
34
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS22.7%
Income Partners AllSeasnAsCred18.7%
Ennismore Eurpn Smallar Cos18.4%
BlackRock SF Asia Extnn17.2%
Majedie Tortoise16.8%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%-0.6%-2.4%-9.3%-2.9%10.4%
Sector0.4%1.2%1.3%-1.1%5.4%15.8%
Rank within sector48 / 12074 / 12292 / 11693 / 10660 / 7536 / 53
Quartile2nd3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-9.6%5.2%-0.2%10.7%6.4%
Sector-1.8%2.7%2.5%7.1%3.9%
Rank within sector100 / 11240 / 10057 / 8140 / 7228 / 59
Quartile4th2nd3rd3rd2nd
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.
-1.69
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.
0.18
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%.
5.01
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.
5.67
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.
-0.6
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 high183.55
52 week low163.71
Current bid price-
Current offer price-
Current mid price165.18
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Oyster Asset Management
Fund manager company
SYZ Asset Management (Luxembou
Fund type
Offshore Fund
Fund objective
The fund's objective is to provide investors with capital growth while keeping the fund's volatility below the volatility of the stock markets in which it is invested.
Benchmark
  • LIBOR EUR 3 month
Investment style
Market Neutral
Investment method
Equity
Fund managers
NameSinceBiography
Banque SYZ & CO SA05/08/2009Banque SYZ & CO SA draws on the advice of Mr. Alfredo Piacentini, co-founder of the bank. His responsibilities include Private Banking, Centralised Portfolio Management and the OYSTER Sicav. Before co-founding Banque SYZ & CO SA in 1996, he was active in institutional management in Geneva and London with Lombard Odier & Cie. He has over 25 years of investment experience and maintains close contacts with the management of many Italian companies. Alfredo Piacentini holds a degree of the University Institute of International Studies, Geneva.
Giacomo Pichetto01/07/2013
Stefano Girola01/07/2013
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Singapore, Sweden
Oyster Market Neutral C EUR PF
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.22%
Bid price-
Offer price-
Mid price165.18
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1X6
Oyster Market Neutral I EUR PF
Initial charge3%
Annual charge0.9%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price980.25
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBMLD
Oyster Market Neutral N EUR PF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price139.09
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVFK
Oyster Market Neutral R CHF HP PF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price139.35
CurrencyCHF
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFVVY
Oyster Market Neutral R EUR PF
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price1082.27
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ0B5
Oyster Market Neutral R GBP HP PF
Initial charge5%
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price145.03
CurrencyGBP
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQLT
Data provided by

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