Fact sheet: RBC (Lux) USMidCpVal Eq

Fund information
Fund name
RBC (Lux) U.S. Mid Cap Value Equity O
Fund manager company
Candriam Investors Group
Fund type
Offshore Fund
Fund managers
  • Lance F Jamessince 03/11/2011
  • Stephen E Kylandersince 03/11/2011
Fund objective
The objective of the Sub-Fund is to provide long-term capital appreciation by investing primarily in U.S. mid-capitalized equity investments and common stock equivalents. The Sub-Fund invests primarily in equity securities of mid-cap companies that the Investment Manager deems to be undervalued relative to their future opportunities. The Investment Manager seeks to build a portfolio of mature U.S. companies that is typically well-diversified across industry sectors in the U.S. market.
Benchmark
  • Russell Midcap Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
13.1%
1 Year rank in sector
134/204
Sector
FO Equity - USA
Yield
-
Fund size
£33m (£19m 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.
113
Top in this sector
Fund name1 Year
Boost NASDAQ 100 3x LD ETP87.7%
Boost S&P500 3x LD ETP45%
Oyster US Selection40.1%
Dodge & Cox US Stk40.1%
JOHCM US Sm Mid Cap Eq37.3%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA97.2%
    Money Market2.8%
  • Financials17.4%
    Consumer Discretionary16.4%
    Others15.8%
    Energy15.6%
    Information Technology15.1%
  • US Equities97.2%
    Cash & Cash Equivalents2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%-0.3%12.8%13.1%23.4%73.9%
Sector2.1%3.5%11.5%14.5%26.5%63.7%
Rank within sector66 / 218209 / 21770 / 213134 / 204112 / 17363 / 147
Quartile2nd4th2nd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.7%14.2%-5.4%17.2%33.2%
Sector6.1%8.9%-1.6%10.7%31.8%
Rank within sector183 / 21755 / 202156 / 18624 / 16965 / 153
Quartile4th2nd4th1st2nd
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.
-1.13
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.
1.14
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.
0.24
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%.
14.08
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.
6.72
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.
-0.07
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.
0.77
Price movement
52 week high204.02
52 week low157.37
Current bid price-
Current offer price-
Current mid price198.63
Region
1USA97.2%
2Money Market2.8%
Industry sector
1Financials17.4%
2Consumer Discretionary16.43%
3Others15.75%
4Energy15.55%
5Information Technology15.07%
6Health Care10.89%
7Utilities6.12%
8Money Market2.8%
Asset type
1US Equities97.2%
2Cash & Cash Equivalents2.8%
Individual holdings
1JAZZ PHARMACEUTICALS PLC4.7%
2AMTRUST FINANCIAL SERVICE3.5%
3WESTERN DIGITAL CORP3.2%
4NATIONAL GENERAL HLDGS CORP3.1%
5MALLINCKRODT PLC3%
6LAM RESEARCH CORP2.7%
7PARSLEY ENERGY INC2.6%
8SYNCHRONY FINANCIAL2.6%
9RANGE RESOURCES CORP2.3%
Management
Fund manager group
Dexia Asset Management
Fund manager company
Candriam Investors Group
Fund type
Offshore Fund
Fund objective
The objective of the Sub-Fund is to provide long-term capital appreciation by investing primarily in U.S. mid-capitalized equity investments and common stock equivalents. The Sub-Fund invests primarily in equity securities of mid-cap companies that the Investment Manager deems to be undervalued relative to their future opportunities. The Investment Manager seeks to build a portfolio of mature U.S. companies that is typically well-diversified across industry sectors in the U.S. market.
Benchmark
  • Russell Midcap Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Lance F James03/11/2011Before joining the firm in 2006, Lance was a portfolio manager and research analyst for Babson Capital Management and OFI Institutional Asset Management. During his tenure with these firms, he served as head of their small- / mid-cap value team. Lance also worked at Rockwell International Corporation, EBF Associates of Boston and Hewitt Associates prior to joining Babson Capital in 1986. Lance earned a BA in Economics from Princeton University and an MBA in Finance from the Wharton School of the University of Pennsylvania.
Stephen E Kylander03/11/2011Before joining the firm in 2006, Stephen was a portfolio manager and research analyst for Babson Capital Management. His previous experience includes strategy consulting; mergers and acquisitions work; and investment banking for L.E.K. Consulting, Yarmouth Group and First Boston Corporation. Stephen earned a BA from Dartmouth College and an MBA from Harvard Business School
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
RBC (Lux) U.S. Mid Cap Value Equity A
Initial charge5%
Annual charge1.7%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price186.4946
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0K5M
RBC (Lux) U.S. Mid Cap Value Equity B
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price195.3367
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0K5N
RBC (Lux) U.S. Mid Cap Value Equity B Hedged
Initial charge5%
Annual charge0.85%
Min single investment£5,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price142.9458
CurrencyGBP
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFC0S
RBC (Lux) U.S. Mid Cap Value Equity O
Initial charge5%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price198.6294
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0K5O
Data provided by

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