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
8.6%
1 Year rank in sector
407/481
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 Stk39.6%
T. Rowe Price GblFcsGrEq38.4%
Melchior ST Gbl Eq36.6%
Morg Stnly Global Discovery36.5%
RWC Global Horizon36.4%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • Japan20.5%
    UK14.4%
    Canada10.2%
    Switzerland7.4%
    Italy5.8%
  • Industrials26.7%
    Consumer Discretionary21.4%
    Information Technology15.5%
    Consumer Staples10.2%
    Materials7.8%
  • Japanese Equities20.5%
    UK Equities19.2%
    Canadian Equities10.2%
    Swiss Equities7.4%
    Italian Equities5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%8%6.9%8.6%--
Sector2%4.5%9.6%14.7%22.6%54.6%
Rank within sector43 / 51229 / 508393 / 502407 / 481--
Quartile1st1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund11.6%-6.7%---
Sector6.9%7.9%0.7%6%21.3%
Rank within sector45 / 508460 / 470---
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 high101.37
52 week low89.15
Current bid price-
Current offer price-
Current mid price101.63
Region
1Japan20.48%
2UK14.37%
3Canada10.15%
4Switzerland7.44%
5Italy5.78%
6Germany4.97%
7France4.36%
8Isle of Man4.35%
9Sweden3.51%
Industry sector
1Industrials26.65%
2Consumer Discretionary21.36%
3Information Technology15.52%
4Consumer Staples10.18%
5Materials7.81%
6Health Care6.27%
7Financials6.09%
8Energy2.7%
9Real Estate2.42%
Asset type
1Japanese Equities20.48%
2UK Equities19.21%
3Canadian Equities10.15%
4Swiss Equities7.44%
5Italian Equities5.78%
6German Equities4.97%
7French Equities4.36%
8Swedish Equities3.51%
9Finnish Equities3.04%
Individual holdings
1AURELIUS EQUITY OPPORTUNITIES SE & CO. KGAA1.88%
2JD SPORTS FASHION PLC1.62%
3TELEPERFORMANCE1.62%
4GKN1.58%
5NICHIREI CORP1.55%
6FLUGHAFEN ZURICH AG1.54%
7AMS AG1.5%
8CCL INDUSTRIES INC1.47%
9PALTAC CORP1.42%
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 price101.63
CurrencyUSD
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMH9B
Data provided by

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