Fact sheet: The VT Oxeye Hedged Income Option

Fund information
Fund name
The VT Oxeye Hedged Income Option Dis
Fund manager company
Oxeye Capital Management Limit
Fund type
OEIC
Fund manager
  • Martin Pethericksince 30/06/2016
Fund objective
The investment objective of The VT Oxeye Hedged Income Option Fund is to achieve capital appreciation each year and distribute the gains at the end of each annual accounting period. The Fund aims to achieve a positive return annually, however, there is no guarantee that a positive return will be achieved over that, or any, time period, and capital is in fact at risk. The Fund will aim to produce absolute returns in all market environments, whilst adhering to robust risk management techniques through an investment programme involving derivative instruments and individual securities, principally through the use of futures and options strategies, providing exposure to a range of asset classes, countries and currencies world-wide. Derivatives may be used for both investment purposes and Efficient Portfolio Management.
Benchmark
No data available.
Investment style
Absolute Return,Multi Strategy
Investment method
Equity
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Targeted Absolute Return
Yield
-
Fund size
£5m (£5m last year)
Mid price
101.6863
Top in this sector
Fund name1 Year
Majedie Tortoise22%
Jupiter Absolute Return11.5%
Threadneedle Tgt Rtn10.1%
CF Ruffer Absolute Return8.9%
IFSL Brooks Macdonald DC7.3%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%5.7%----
Sector-0.9%-0.4%0.7%-0.3%5.3%14.8%
Rank within sector8 / 733 / 74----
Quartile1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-0.2%2.2%2.5%6.5%3.3%
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 high105.06
52 week low90.84
Current bid price-
Current offer price-
Current mid price101.69
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Oxeye Capital Management Limit
Fund type
OEIC
Fund objective
The investment objective of The VT Oxeye Hedged Income Option Fund is to achieve capital appreciation each year and distribute the gains at the end of each annual accounting period. The Fund aims to achieve a positive return annually, however, there is no guarantee that a positive return will be achieved over that, or any, time period, and capital is in fact at risk. The Fund will aim to produce absolute returns in all market environments, whilst adhering to robust risk management techniques through an investment programme involving derivative instruments and individual securities, principally through the use of futures and options strategies, providing exposure to a range of asset classes, countries and currencies world-wide. Derivatives may be used for both investment purposes and Efficient Portfolio Management.
Benchmark
No data available.
Investment style
Absolute Return,Multi Strategy
Investment method
Equity
Fund manager
NameSinceBiography
Martin Petherick30/06/2016
Compliance
IA Recognised, Qualified Investor Schemes
Domicile
No data available.
Fund for sale in
United Kingdom
The VT Oxeye Hedged Income Option Dis
Initial charge5%
Annual charge1%
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 price101.6863
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN9TA
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.