Fact sheet: Schroder GAIAPaulMerAr

Fund information
Fund name
Schroder GAIA Paulson Merger Arbitrage A Acc NAV USD
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund manager
  • John Paulsonsince 25/06/2014
Fund objective
The Fund aims to provide capital growth.
Benchmark
  • No Specified Index
Investment style
Merger Arbitrage
Investment method
Mixed
Quick stats
1 Year return
-19.8%
1 Year rank in sector
125/126
Sector
FO Hedge/Stru Prod - Mixed
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.
2.43%
Fund size
£518m (£1,173m 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.
85
Top in this sector
Fund name1 Year
Veritas Global Real Return26.4%
Nordea 1 Alpha 1524.6%
La Fayette Holdings22%
Pimco GIS Stk Pl17.2%
Nordea 1 Multi-Asset15.9%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%1.6%-5.8%-19.8%--
Sector-0.2%0.8%0.4%-0.6%5.8%7.2%
Rank within sector130 / 14046 / 144134 / 141125 / 126--
Quartile4th2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-18.9%-4.3%---
Sector-0.1%-0.6%5.1%1.4%1.9%
Rank within sector132 / 13390 / 115---
Quartile4th4th
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 high92.17
52 week low69.06
Current bid price-
Current offer price-
Current mid price71.43
Region
No data available.
Industry sector
1Cash - 0 to 30 Days100%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Schroders
Fund manager company
Schroder Investmt Mgt(LUX)S.A.
Fund type
Offshore Fund
Fund objective
The Fund aims to provide capital growth.
Benchmark
  • No Specified Index
Investment style
Merger Arbitrage
Investment method
Mixed
Fund manager
NameSinceBiography
John Paulson25/06/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Greece, Ireland, Iceland, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Schroder GAIA Paulson Merger Arbitrage A Acc CHF
Initial charge3%
Annual charge2%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.53%
Bid price70.03
Offer price72.2
Mid price-
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLVR
Schroder GAIA Paulson Merger Arbitrage A Acc EUR
Initial charge3%
Annual charge2%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.53%
Bid price70.82
Offer price73.01
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLWF
Schroder GAIA Paulson Merger Arbitrage A Acc NAV CHF
Initial charge3%
Annual charge2%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.53%
Bid price-
Offer price-
Mid price70.03
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLVQ
Schroder GAIA Paulson Merger Arbitrage A Acc NAV EUR
Initial charge3%
Annual charge2%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.53%
Bid price-
Offer price-
Mid price70.82
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLVN
Schroder GAIA Paulson Merger Arbitrage A Acc NAV USD
Initial charge3%
Annual charge2%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.53%
Bid price-
Offer price-
Mid price71.43
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLVE
Schroder GAIA Paulson Merger Arbitrage A Acc USD
Initial charge3%
Annual charge2%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)2.43%
Total expense ratio (TER)2.53%
Bid price71.43
Offer price73.64
Mid price-
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFLWG
Schroder GAIA Paulson Merger Arbitrage C Acc NAV USD
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price72.92
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKRL
Schroder GAIA Paulson Merger Arbitrage C Acc USD
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price72.92
Offer price73.66
Mid price-
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKRJ
Schroder GAIA Paulson Merger Arbitrage C Hedged Acc CHF
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price71.52
Offer price72.24
Mid price-
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKTF
Schroder GAIA Paulson Merger Arbitrage C Hedged Acc EUR
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price72.44
Offer price73.17
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSP
Schroder GAIA Paulson Merger Arbitrage C Hedged Acc GBP
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price72.74
Offer price73.47
Mid price-
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSY
Schroder GAIA Paulson Merger Arbitrage C Hedged Acc NAV CHF
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price71.52
CurrencyCHF
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKTE
Schroder GAIA Paulson Merger Arbitrage C Hedged Acc NAV EUR
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price72.44
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSQ
Schroder GAIA Paulson Merger Arbitrage C Hedged Acc Nav GBP
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price72.74
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSX
Schroder GAIA Paulson Merger Arbitrage C Hedged Dis GBP
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price72.75
Offer price73.48
Mid price-
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKTB
Schroder GAIA Paulson Merger Arbitrage C Hedged Dis NAV GBP
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.78%
Bid price-
Offer price-
Mid price72.75
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKTA
Schroder GAIA Paulson Merger Arbitrage C Inc NAV USD
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price72.64
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOJB
Schroder GAIA Paulson Merger Arbitrage C Inc USD
Initial charge1%
Annual charge1.25%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price72.64
Offer price73.37
Mid price-
CurrencyUSD
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOJC
Schroder GAIA Paulson Merger Arbitrage E Acc NAV USD
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price73.45
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSE
Schroder GAIA Paulson Merger Arbitrage E Acc USD
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.48%
Bid price73.45
Offer price74.19
Mid price-
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSD
Schroder GAIA Paulson Merger Arbitrage E Hedged Acc EUR
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.48%
Bid price72.99
Offer price73.73
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKST
Schroder GAIA Paulson Merger Arbitrage E Hedged Acc NAV EUR
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price72.99
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSU
Schroder GAIA Paulson Merger Arbitrage E Hedged Dis GBP
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.48%
Bid price73.28
Offer price74.02
Mid price-
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKTD
Schroder GAIA Paulson Merger Arbitrage E Hedged Dis NAV GBP
Initial charge1%
Annual charge1%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price73.28
CurrencyGBP
Price updated28/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFKTC
Schroder GAIA Paulson Merger Arbitrage I Acc NAV USD
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price75.55
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSH
Schroder GAIA Paulson Merger Arbitrage I Acc USD
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)0.21%
Bid price75.55
Offer price75.55
Mid price-
CurrencyUSD
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFKSG
Schroder GAIA Paulson Merger Arbitrage I Hedged Acc EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)-
Bid price74.29
Offer price74.29
Mid price-
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSQF
Schroder GAIA Paulson Merger Arbitrage I Hedged Acc GBP
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)0.21%
Bid price75.22
Offer price75.22
Mid price-
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM2I
Schroder GAIA Paulson Merger Arbitrage I Hedged Acc NAV EUR
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price74.29
CurrencyEUR
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFSQG
Schroder GAIA Paulson Merger Arbitrage I Hedged Acc Nav GBP
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£2,500,000
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price75.22
CurrencyGBP
Price updated28/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM2J
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.