Fact sheet: RWC Gbl Invtn Abs Alp

Fund information
Fund name
RWC Asia Absolute Alpha R Acc
Fund manager company
RWC
Fund type
Offshore Fund
Fund managers
  • Garret Mallalsince 06/05/2016
Fund objective
The fund seeks to exploit longer term growth opportunitiesand investment themes in the Asia Pacific region, combinedwith opportunistic trading and hedging positions and investsprincipally in equities, but may also invest across otherasset classes such as currencies, commodities and debt.
Benchmark
  • MSCI AC Asia Pacific
Investment style
Long/Short
Investment method
Equity
Quick stats
1 Year return
2.3%
1 Year rank in sector
-
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.
1.37%
Fund size
£11m (£71m 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.
47
Top in this sector
Fund name1 Year
MontLake ToscaMiCaUCITS21.8%
Ennismore Eurpn Smallar Cos19.8%
Income Partners AllSeasnAsCred18.7%
BlackRock SF Asia Extnn16.9%
Majedie Tortoise16.9%
...more in FO Hedge/Stru Prod - Equity

Performance snapshot

Holdings snapshot

  • Europe21.2%
    North America11%
    Asia2.7%
    Africa0.8%
  • Software20%
    Media11.5%
    Semi Conductors6.2%
    Retail4.4%
    Hardware4.2%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-2.3%1%2.3%--
Sector0.5%1.7%1.2%-1%5.4%15.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund-1.4%----
Sector-1.8%2.7%2.5%7.1%3.9%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high140.52
52 week low128.35
Current bid price-
Current offer price-
Current mid price133.86
Region
1Europe21.2%
2North America11%
3Asia2.7%
4Africa0.8%
Industry sector
1Software20%
2Media11.5%
3Semi Conductors6.2%
4Retail4.4%
5Hardware4.2%
6Automotive2%
7Transport1.9%
8Biotechnology/Medical1.7%
9Consumer Durables1%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
RWC
Fund manager company
RWC
Fund type
Offshore Fund
Fund objective
The fund seeks to exploit longer term growth opportunitiesand investment themes in the Asia Pacific region, combinedwith opportunistic trading and hedging positions and investsprincipally in equities, but may also invest across otherasset classes such as currencies, commodities and debt.
Benchmark
  • MSCI AC Asia Pacific
Investment style
Long/Short
Investment method
Equity
Fund managers
NameSinceBiography
Garret Mallal06/05/2016Garret has 11 years of experience in investment management and research in the Asia Pacific region and was formerly a Managing Director at Everest Capital, responsible for an Asia long/short equity strategy. Garret started his career as an intern at Everest Capital and has a Bachelor of Business Management, Magna Cum Laude from Singapore Management University. Garret speaks conversational Mandarin.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Luxembourg, Offshore, Sweden
RWC Asia Absolute Alpha A EUR
Initial charge5%
Annual charge2%
Min single investment£25,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)2.42%
Total expense ratio (TER)3.31%
Bid price-
Offer price-
Mid price129.5342
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIMT8
RWC Asia Absolute Alpha A GBP
Initial charge5%
Annual charge2%
Min single investment£25,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)2.41%
Total expense ratio (TER)3.39%
Bid price-
Offer price-
Mid price132.1767
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIMT9
RWC Asia Absolute Alpha A USD
Initial charge5%
Annual charge2%
Min single investment£25,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)2.41%
Total expense ratio (TER)3.42%
Bid price-
Offer price-
Mid price131.9892
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIFH0
RWC Asia Absolute Alpha B EUR
Initial charge5%
Annual charge1%
Min single investment£10,000,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.32%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price137.0617
CurrencyEUR
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIDX7
RWC Asia Absolute Alpha B GBP
Initial charge5%
Annual charge1%
Min single investment£10,000,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)2.24%
Bid price-
Offer price-
Mid price140.5439
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIDX9
RWC Asia Absolute Alpha B USD
Initial charge5%
Annual charge1%
Min single investment£10,000,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)2.31%
Bid price-
Offer price-
Mid price139.6016
CurrencyUSD
Price updated27/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIDX8
RWC Asia Absolute Alpha R Acc
Initial charge5%
Annual charge1%
Min single investment£25,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.37%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.8634
CurrencyGBP
Price updated27/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMF8I
Data provided by

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