Fact sheet: RangerDirLePLC

Fund information
Fund name
Ranger Direct Lending PLC ZDP GBP0.01
Fund manager company
Ranger Alternative Management
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
The investment objective of the Ranger Direct Lending Fund plc (the “Company”) is to generate attractive returns, principally in the form of quarterly income distributions, by acquiring a portfolio of debt obligations, including without limitation, loans, invoice receivables and asset financing arrangements (the “Debt Instruments”).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
IT Debt
Yield
-
Fund size
£172m
Mid price
106.625
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+0.00
Top in this sector
Fund name1 Year
Duet Real Estate Fin Ltd598.5%
Volta Finance Limited15.5%
Fair Oaks Income Fund Ltd13.8%
Blackstone/GSO Loan Fin Ltd11.6%
Carador Income PLC9.2%
...more in IT Debt

Performance snapshot

Holdings snapshot

  • USA90.5%
    UK4.6%
    Australia3.1%
    Canada1.8%
  • No data available.
  • US Fixed Interest90.5%
    UK Fixed Interest4.6%
    Australian Fixed Interest3.1%
    Canadian Fixed Interest1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%0.4%----
Sector-0.7%1.3%8.5%9.3%9.5%16.2%
Rank within sector16 / 2413 / 24----
Quartile3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector9.6%-2.6%2.4%9.2%-4.2%
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 high107.25
52 week low103.5
Current bid price105.5
Current offer price107.75
Current mid price106.63
Region
1USA90.5%
2UK4.6%
3Australia3.1%
4Canada1.8%
Industry sector
No data available.
Asset type
1US Fixed Interest90.5%
2UK Fixed Interest4.6%
3Australian Fixed Interest3.1%
4Canadian Fixed Interest1.8%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Ranger Alternative Management
Fund type
Investment Trust
Fund objective
The investment objective of the Ranger Direct Lending Fund plc (the “Company”) is to generate attractive returns, principally in the form of quarterly income distributions, by acquiring a portfolio of debt obligations, including without limitation, loans, invoice receivables and asset financing arrangements (the “Debt Instruments”).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Ranger Direct Lending PLC Ord GBP0.01
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 price1284
CurrencyGBX
Price updated31/10/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNMII
Ranger Direct Lending PLC ZDP GBP0.01
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price105.5
Offer price107.75
Mid price106.625
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCOP
Data provided by

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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.