Fact sheet: VAM International Opportunities

Fund information
Fund name
VAM International Opportunities A USD
Fund manager company
VAM Funds (LUX)
Fund type
Offshore Fund
Fund managers
  • David Mousersince 01/07/2015
  • Dan Burrsince 01/07/2015
Fund objective
The investment objective of the Fund is to maximise capital appreciation over each full market cycle. To achieve this objective, the Fund will gain exposure, directly or indirectly, to unleveraged portfolio of equity and equity-convertible securities, and cash or cash equivalents.
Benchmark
  • MSCI ACWI ex-US Small Cap Growth
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12%
1 Year rank in sector
370/478
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.
2.81%
Fund size
£20m (£20m 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.
100
Top in this sector
Fund name1 Year
Dodge & Cox Gbl Stk45.7%
Morg Stnly Global Discovery41%
T. Rowe Price GblFcsGrEq40.7%
Guinness Gbl Innovators40.4%
RWC Global Horizon38.9%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • Japan19.3%
    UK12.6%
    Canada10.2%
    Germany9.5%
    Switzerland6.2%
  • Industrials28%
    Consumer Discretionary25.8%
    Information Technology16%
    Health Care8.8%
    Consumer Staples8.1%
  • Japanese Equities19.3%
    UK Equities17.5%
    Canadian Equities10.2%
    German Equities9.5%
    Swiss Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.5%12.6%17.8%12%--
Sector1.7%3.4%10.4%17.2%21.8%66.5%
Rank within sector2 / 5044 / 50417 / 497370 / 478--
Quartile1st1st1st4th
Calendar performance
 YTD - 20172016201520142013
Fund17.4%-6.7%---
Sector8.2%7.9%0.7%6%21.3%
Rank within sector12 / 501452 / 462---
Quartile1st4th
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 high106.91
52 week low89.15
Current bid price-
Current offer price-
Current mid price106.91
Region
1Japan19.34%
2UK12.56%
3Canada10.24%
4Germany9.5%
5Switzerland6.21%
6France4.77%
7Isle of Man4.48%
8Austria3.95%
9Italy3.75%
Industry sector
1Industrials28.04%
2Consumer Discretionary25.85%
3Information Technology15.98%
4Health Care8.8%
5Consumer Staples8.09%
6Materials4.83%
7Financials3.09%
8Real Estate2.5%
9Energy1.8%
Asset type
1Japanese Equities19.34%
2UK Equities17.52%
3Canadian Equities10.24%
4German Equities9.5%
5Swiss Equities6.21%
6French Equities4.77%
7Austrian Equities3.95%
8Italian Equities3.75%
9Finnish Equities3.45%
Individual holdings
1GKN2.09%
2JD SPORTS FASHION PLC1.79%
3AMS AG1.76%
4NICHIREI CORP1.65%
5FLSMIDTH & CO AS1.57%
6DAIFUKU CO1.56%
7VESUVIUS PLC1.52%
8CCL INDUSTRIES INC1.51%
9CTS EVENTIM AG & CO KGAA1.46%
Management
Fund manager group
VAM Funds
Fund manager company
VAM Funds (LUX)
Fund type
Offshore Fund
Fund objective
The investment objective of the Fund is to maximise capital appreciation over each full market cycle. To achieve this objective, the Fund will gain exposure, directly or indirectly, to unleveraged portfolio of equity and equity-convertible securities, and cash or cash equivalents.
Benchmark
  • MSCI ACWI ex-US Small Cap Growth
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
David Mouser01/07/2015David Mouser is the lead portfolio manager of the VAM International Opportunities Fund. He has 16 years of investment experience. Mr Mouser joined Driehaus in 1999 as a global research associate and domestic research assistant. He received his B.S. in finance from the University of Dayton in 1999.
Dan Burr01/07/2015Dan Burr began his career at First Manhattan Consulting Group as an analyst from 2000 to 2001. Prior to joining Driehaus in 2013, Mr Burr worked at Oberweis Asset Management Inc. from 2008 to 2013, and left with the title of senior international equity analyst. He received his B.S. in applied economics and business management from Cornell University in 2000, and completed his MBA in 2006 with concentrations in finance and accounting from the University of Chicago Booth School of Business.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore, Sweden, South Africa
VAM International Opportunities A USD
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.91
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMH9B
Data provided by

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