Fact sheet: Russell OW ComLonNeSt

Fund information
Fund name
Russell OW Commodities Long/Neutral Strategy I Acc GBP
Fund manager company
Russell OpenWorld
Fund type
OEIC
Fund managers
  • Lee Kaysersince 17/10/2013
Fund objective
To replicate the total return of the MLM Commodity Index Long/Neutral.
Benchmark
No data available.
Investment style
Market Neutral,Passive/Tracking
Investment method
Commodity/Energy, Physical - Full
Quick stats
1 Year return
-6.3%
1 Year rank in sector
4/4
Sector
FO Hedge/Stru Prod - Commodity
Yield
-
Fund size
£10m (£25m 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.
36
Top in this sector
Fund name1 Year
Vontobel HrcrtCom14.6%
Allianz Dynamic Commodities8.4%
Pictet PAF Commo-4.2%
Russell OW ComLonNeSt-6.3%
ML ML MLCX Comm Alpha-
...more in FO Hedge/Stru Prod - Commodity

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-4.4%-7.5%-6.3%-14.3%-27.8%
Sector0.8%-0.1%-0.2%-0.2%-4.4%-10.7%
Rank within sector3 / 45 / 55 / 54 / 41 / 21 / 2
Quartile3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-6.2%-5.5%-3.1%-5.2%-9.2%
Sector0.3%-4.6%-0.6%-1.4%-4.5%
Rank within sector4 / 41 / 41 / 21 / 22 / 2
Quartile4th1st
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.
-3.64
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.
0.62
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%.
4.68
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.
4.28
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.
-0.69
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.
0.27
Price movement
52 week high925.08
52 week low837.64
Current bid price-
Current offer price-
Current mid price843.45
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Russell OpenWorld
Fund manager company
Russell OpenWorld
Fund type
OEIC
Fund objective
To replicate the total return of the MLM Commodity Index Long/Neutral.
Benchmark
No data available.
Investment style
Market Neutral,Passive/Tracking
Investment method
Commodity/Energy, Physical - Full
Fund managers
NameSinceBiography
Lee Kayser17/10/2013Lee Kayser is an associate portfolio manager on the multi-strategies team at Russell Investments. Lee’s primary responsibilities include manager research and portfolio management for Russell’s commodity business. Lee is responsible for discovering, evaluating and ranking managers for Russell’s active commodity universe as well as providing advice on commodity allocations to internal portfolio managers and external clients. His portfolio management responsibilities include manager recommendation, fund construction, risk analysis and client communication for Russell’s suite of commodity products. Lee was previously a research analyst for Russell’s edge strategies team. This role involved conducting manager and capital markets research for the purpose of recommending non-mainstream strategies for use in Russell investment products. Lee has authored several research papers on commodities investing and other emerging investment strategies. From 1999 to 2002, Lee was a sales executive for Janus Capital Group in London, U.K. and Westport, Connecticut, where he was responsible for marketing Janus’ offshore product suite to clients in Europe, the Middle East and Latin America.
Compliance
Qualified Investor Schemes, Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore, Singapore
Russell OW Commodities Long/Neutral Strategy I Acc GBP
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price843.45
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKEU7
Russell OW Commodities Long/Neutral Strategy I Acc JPY
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 price101200.63
CurrencyJPY
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUDO
Russell OW Commodities Long/Neutral Strategy P Acc USD
Initial charge5%
Annual charge0.55%
Min single investment£100,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price820.97
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKEU6
Data provided by

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