Fact sheet: TreeTop Sequoia Equity

Fund information
Fund name
TreeTop Sequoia Equity A EUR
Fund manager company
TreeTop Asset Management SA
Fund type
Offshore Fund
Fund managers
  • Hubert d'Ansembourgsince 22/06/2006
  • Jacques Berghmanssince 22/06/2006
Fund objective
The TreeTop Sequoia Equity fund’s objective is to obtain a long-term capital gain by investing in a portfolio composed mainly of stocks and other securities equivalent to stocks or entitling the holder to acquire stocks by way of subscription or exchange, including convertible bonds, and derivative instruments, where the underlying instrument is a stock or stock index. The portfolio managers select around 30 stocks from mid to large cap companies which they believe offer substantial growth potential over the long term. The performance of the fund is therefore higly dependent on the quality of the stock picking and the volatiliy of the stock market . The Portfolio is diversified from a regional and sectoral perspective. The euro class is hedged to the extent that an efficient exchange market in the relevant currency exists.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-4.9%
1 Year rank in sector
462/470
Sector
FO Equity - International
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.
1.61%
Fund size
£225m
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.
108
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Performance snapshot

Holdings snapshot

  • USA26.1%
    India23.3%
    France15.5%
    China13.7%
    Canada8.2%
  • Industrials20.8%
    Consumer Discretionary19.5%
    Financials19.1%
    Technology15.7%
    Materials9.5%
  • International Equities75.3%
    Warrants19.4%
    Convertibles5.2%
    Money Market0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%5.8%5.6%-4.9%24%71.4%
Sector0.2%5.5%7.1%7.5%18%63.5%
Rank within sector159 / 494151 / 489281 / 482462 / 470134 / 372135 / 287
Quartile2nd2nd3rd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-3.5%4.2%9.6%28.3%22.3%
Sector5.6%0.7%6%21.3%12.7%
Rank within sector458 / 478143 / 432131 / 38967 / 34312 / 297
Quartile4th2nd2nd1st1st
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.
0.6
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.
1.22
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.
0.4
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%.
14.27
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.
8.22
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.
0.21
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.
0.7
Price movement
52 week high153.74
52 week low112.79
Current bid price-
Current offer price-
Current mid price139.14
Region
1USA26.1%
2India23.3%
3France15.5%
4China13.7%
5Canada8.2%
6UK5.2%
7Korea4.1%
8Hong Kong3.8%
9Money Market0.1%
Industry sector
1Industrials20.8%
2Consumer Discretionary19.5%
3Financials19.1%
4Technology15.7%
5Materials9.5%
6Consumer Staples8.2%
7Utilities4.1%
8Health Care3.1%
9Money Market0.1%
Asset type
1International Equities75.3%
2Warrants19.4%
3Convertibles5.2%
4Money Market0.1%
Individual holdings
1SAFRAN S.A.8.7%
2ALIMENTATION COUCHE-TARD8.2%
3ALLIANCE DATA SYSTEMS CORP8.2%
4UNITED RENTALS INC4.6%
5TATA MOTORS LTD4.5%
6FUFENG GROUP 3% CNV BDS 27/11/18 CNY1000000 REG S4.1%
7VIPSHOP HLDGS LTD4.1%
8Indiabulls Housing Finance Ltd(Deutsche)4%
9BAIDU INC3.8%
Management
Fund manager group
TreeTop Asset Management
Fund manager company
TreeTop Asset Management SA
Fund type
Offshore Fund
Fund objective
The TreeTop Sequoia Equity fund’s objective is to obtain a long-term capital gain by investing in a portfolio composed mainly of stocks and other securities equivalent to stocks or entitling the holder to acquire stocks by way of subscription or exchange, including convertible bonds, and derivative instruments, where the underlying instrument is a stock or stock index. The portfolio managers select around 30 stocks from mid to large cap companies which they believe offer substantial growth potential over the long term. The performance of the fund is therefore higly dependent on the quality of the stock picking and the volatiliy of the stock market . The Portfolio is diversified from a regional and sectoral perspective. The euro class is hedged to the extent that an efficient exchange market in the relevant currency exists.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Hubert d'Ansembourg22/06/2006Hubert worked in the field of portfolio management for over 30 years. He began his career at European Centre for Research on Investment in 1974 and thereafter as Managing Director of SECAFI, an independent portfolio management boutique. In 1992 SECAFI was merged with the brokerage firm Bonnewijn, Renwart Van Goethem & Co., where Hubert will serve as Head of Research and Portfolio Manager. In 2000, Hubert joined Banque Degroof following its acquisition of BRG. In 2005, he founded TreeTop Asset Management with Jacques Berghmans.
Jacques Berghmans22/06/2006Jacques manages portfolios invested globally for over 25 years. He began his career in 1981 with Merrill Lynch International, with whom he will work as a financial advisor for 20 years in Amsterdam, Brussels and Luxembourg. For over 5 years, he was a member of Merrill Lynch Chairman’s Club and Eagle Club. In 1988 he created with Hubert d’Ansembourg the Star Convertible fund – today TreeTop Convertible International. In 2001, he joined Banque Degroof as fund manager. In 2005, he founded with Hubert d’Ansembourg TreeTop Asset Management.
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Spain, France, United Kingdom, Luxembourg, Netherlands, Offshore
TreeTop Sequoia Equity A EUR
Initial charge3%
Annual charge1.2%
Min single investment£250
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price139.14
CurrencyEUR
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQJ6
TreeTop Sequoia Equity B USD
Initial charge3%
Annual charge1.2%
Min single investment£250
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price146.02
CurrencyUSD
Price updated22/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFQJ7
TreeTop Sequoia Equity C GBP
Initial charge3%
Annual charge1.2%
Min single investment£250
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price186.03
CurrencyGBP
Price updated22/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFQJ8
Data provided by

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