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 30/06/2015
  • Dan Burrsince 30/06/2015
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
-7.1%
1 Year rank in sector
446/471
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.
2.76%
Fund size
£0m
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq38.4%
Schroder ISF Gbl Rec34%
Dodge & Cox Gbl Stk32.2%
Dimensional Gbl Small Cos29.1%
GS Global SmCap Core Eq28.8%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • Japan19.9%
    UK13.8%
    Canada11.1%
    Germany6.6%
    Italy6.1%
  • Industrials27.2%
    Consumer Discretionary20.4%
    Consumer Staples14.2%
    Information Technology11.9%
    Materials8.7%
  • Japanese Equities19.9%
    UK Equities17.9%
    Canadian Equities11.1%
    German Equities6.6%
    Italian Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.5%-7.5%-5.7%-7.1%--
Sector0.6%0.5%4.8%3.3%14%53.6%
Rank within sector484 / 499490 / 496477 / 486446 / 471--
Quartile4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-7%----
Sector5.4%0.7%6%21.3%12.7%
Rank within sector463 / 475----
Quartile4th
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 high100.68
52 week low85.3
Current bid price-
Current offer price-
Current mid price90.78
Region
1Japan19.9%
2UK13.79%
3Canada11.14%
4Germany6.59%
5Italy6.14%
6Switzerland5.93%
7Australia4.87%
8France4.61%
9Sweden3.86%
Industry sector
1Industrials27.19%
2Consumer Discretionary20.39%
3Consumer Staples14.18%
4Information Technology11.9%
5Materials8.66%
6Health Care5.78%
7Financials4.93%
8Real Estate3.72%
9Energy2.74%
Asset type
1Japanese Equities19.9%
2UK Equities17.93%
3Canadian Equities11.14%
4German Equities6.59%
5Italian Equities6.14%
6Swiss Equities5.93%
7Australian Equities4.87%
8French Equities4.61%
9Swedish Equities3.86%
Individual holdings
1GAMESA CORPORACION TECNOLOGICA SA1.82%
2ORORA LTD1.76%
3AURELIUS EQUITY OPPORTUNITIES SE & CO. KGAA1.69%
4SEB SA1.67%
5RPC GROUP1.64%
6PRYSMIAN SPA1.56%
7TEMENOS GROUP AG1.55%
8KION GROUP AG1.53%
9Korea Aerospace Industries1.52%
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 Mouser30/06/2015David 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 Burr30/06/2015Dan 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 charge2.25%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price90.78
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMH9B
Data provided by

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