Fact sheet: Third Avenue Small Cap Value

Fund information
Fund name
Third Avenue Small Cap Value Investor
Fund manager company
Third Avenue Management
Fund type
No data available.
Fund manager
  • Curtis Jensensince 31/03/1997
Fund objective
To acheive Long-term capital appreciation with limited investment risk.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.8%
1 Year rank in sector
5/31
Sector
FO Equity - Small Cap USA
Yield
-
Fund size
£314m
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.
141
Top in this sector
Fund name1 Year
GS US Sml Cap CORE Eq Pfl43.5%
SEI US Sm Cos37.8%
LM Royce US SCapOpp28.1%
Dimensional US Small Cos26.8%
RBC (Lux) USSMCapEq25.6%
...more in FO Equity - Small Cap USA

Performance snapshot

Holdings snapshot

  • USA93.2%
    Money Market3.7%
    Canada2%
    UK1.1%
  • Industrials22.4%
    Banks13%
    Services7.7%
    Automotive6.5%
    Real Estate6.2%
  • US Equities93.2%
    Cash & Cash Equivalents3.7%
    Canadian Equities2%
    UK Equities1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund12.6%9.3%14.5%23.8%8.7%64.3%
Sector12.1%6.9%13.3%16.4%22.9%87.9%
Rank within sector13 / 3412 / 3411 / 325 / 3123 / 2521 / 24
Quartile2nd2nd2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund26.8%-18.7%3.9%32.6%14.8%
Sector19%-4.1%4.8%37.9%11.8%
Rank within sector5 / 3127 / 2715 / 2523 / 2510 / 24
Quartile1st4th3rd4th2nd
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.
-4
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.
1.03
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%.
17.07
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.
9.28
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.
-0.46
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.
0.73
Price movement
52 week high23.31
52 week low16.41
Current bid price-
Current offer price-
Current mid price23.59
Region
1USA93.2%
2Money Market3.7%
3Canada2%
4UK1.1%
Industry sector
1Industrials22.4%
2Banks13%
3Services7.7%
4Automotive6.5%
5Real Estate6.2%
6Electronic & Electrical Equipment5.9%
7Consumer Products5.6%
8Others3.7%
9Building & Construction3.1%
Asset type
1US Equities93.2%
2Cash & Cash Equivalents3.7%
3Canadian Equities2%
4UK Equities1.1%
Individual holdings
1WCI COMMUNITIES INC3.1%
2COMMERCE BANCSHARES INC2.8%
3UMB FINANCIAL CORP2.7%
4CUBIC CORP2.6%
5ANIXTER INTERNATIONAL INC2.4%
6EMCOR GROUP2.4%
7ICF INTERNATIONAL INC2.4%
8INSIGHT ENTERPRISE INC2.3%
9MULTI-COLOR CORP2.3%
Management
Fund manager group
Third Avenue Management
Fund manager company
Third Avenue Management
Fund type
No data available.
Fund objective
To acheive Long-term capital appreciation with limited investment risk.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Curtis Jensen31/03/1997Curtis Jensen has 25 Years of Experience and 14 years with Firm. He is an MBA from Yale School of Management; BA, Williams College.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Offshore, United States
Third Avenue Small Cap Value Inst
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price23.84
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFIY0
Third Avenue Small Cap Value Investor
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price23.59
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIHO6
Data provided by

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