Fact sheet: Prestige Alternative Finance

Fund information
Fund name
Prestige Alternative Finance GBP
Fund manager company
Prestige Funds
Fund type
No data available.
Fund manager
No data available.
Fund objective
To invest in a diversified portfolio of asset based lending and leasing contracts - with a focus on absolute return. It Invests in the high rated credit scored loan and lease agreements in the United Kingdom.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Relative Value-Multi Strategy
Investment method
Fixed Interest
Quick stats
1 Year return
5%
1 Year rank in sector
4/23
Sector
FO Hedge/Stru Prod - Fixed Int
Yield
-
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.
9
Top in this sector
Fund name1 Year
TCA Global Credit LP8.6%
III Relative Val Credit Strats6.2%
ML IS BeachPtDivCrUCTS5.5%
Prestige Alternative Finance5%
Lyxor European Senior Debt4.8%
...more in FO Hedge/Stru Prod - Fixed Int

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%2.3%5%18.2%33.4%
Sector0.5%1%1.3%1.1%-12.5%-12%
Rank within sector-7 / 239 / 234 / 233 / 163 / 14
Quartile2nd2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund4.6%5.9%6.1%6.2%6.3%
Sector1.5%-14.4%0.6%-5.7%6.2%
Rank within sector6 / 233 / 213 / 165 / 157 / 14
Quartile2nd1st1st2nd2nd
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.
5.87
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
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.
26.48
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%.
0.09
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.
6.33
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.
1.69
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.
0.05
Price movement
52 week high96.09
52 week low91.89
Current bid price-
Current offer price-
Current mid price96.09
Region
1UK100%
Industry sector
No data available.
Asset type
1Structured Products100%
Individual holdings
No data available.
Management
Fund manager group
Prestige Funds
Fund manager company
Prestige Funds
Fund type
No data available.
Fund objective
To invest in a diversified portfolio of asset based lending and leasing contracts - with a focus on absolute return. It Invests in the high rated credit scored loan and lease agreements in the United Kingdom.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Relative Value-Multi Strategy
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
Cayman Islands, United Kingdom, Offshore, Singapore
Prestige Alternative Finance AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyAUD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6QW
Prestige Alternative Finance CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price131.1012
CurrencyCHF
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0AL0
Prestige Alternative Finance EUR
Initial charge-
Annual charge1.25%
Min single investment£80,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price155.1084
CurrencyEUR
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEEC6
Prestige Alternative Finance GBP
Initial charge-
Annual charge1.25%
Min single investment£60,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.0868
CurrencyGBP
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEEC7
Prestige Alternative Finance I AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyAUD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6RC
Prestige Alternative Finance I CHF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.4123
CurrencyCHF
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6RA
Prestige Alternative Finance I EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.6825
CurrencyEUR
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6QY
Prestige Alternative Finance I GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.6393
CurrencyGBP
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6QZ
Prestige Alternative Finance I SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.0325
CurrencySEK
Price updated29/06/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6RB
Prestige Alternative Finance I USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price117.9579
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN6QX
Prestige Alternative Finance SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.4827
CurrencySEK
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0AL1
Prestige Alternative Finance USD
Initial charge-
Annual charge1.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price160.3988
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEEC5
Data provided by

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