Fact sheet: VAM US Large Cap Growth

Fund information
Fund name
VAM US Large Cap Growth A USD
Fund manager company
VAM Funds (LUX)
Fund type
Offshore Fund
Fund managers
  • Richard Thiessince 30/09/2016
  • Trent DeBruinsince 30/09/2016
Fund objective
The investment objective of the Fund is to achieve significant capital appreciation over each full market cycle. To achieve this objective, the Fund will invest in an unleveraged portfolio of equity and equity-convertible securities and cash or cash equivalents.
Benchmark
  • S&P 500 Stock Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-1.8%
1 Year rank in sector
172/208
Sector
FO Equity - USA
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
£21m (£31m 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.
115
Top in this sector
Fund name1 Year
Dodge & Cox US Stk40%
Oyster US Selection34.6%
Hermes US SMID Equity33.9%
T. Rowe Price USLgeCapValEq32.7%
GAM Star Gamco US Eq32.5%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA100%
  • Information Technology36.2%
    Consumer Discretionary22.7%
    Consumer Staples11%
    Health Care7.2%
    Industrials6.5%
  • US Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.5%0.5%2.6%-1.8%14.9%51.1%
Sector4%2.4%5.9%5%19.1%70.1%
Rank within sector101 / 220158 / 219167 / 213172 / 208123 / 177135 / 147
Quartile2nd3rd4th4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.5%9.2%3.5%26.8%6.9%
Sector7.1%-1.6%10.7%31.8%10.2%
Rank within sector184 / 21019 / 193162 / 178141 / 162136 / 149
Quartile4th1st4th4th4th
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.
-1.11
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.
0.94
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.
0.03
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%.
12.48
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.
7.07
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.
-0.23
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.
0.68
Price movement
52 week high35.89
52 week low30.49
Current bid price-
Current offer price-
Current mid price35.17
Region
1USA100%
Industry sector
1Information Technology36.23%
2Consumer Discretionary22.72%
3Consumer Staples11.01%
4Health Care7.16%
5Industrials6.52%
6Financials5.68%
7Telecommunications Utilities3.8%
8Materials2.7%
9Real Estate2.41%
Asset type
1US Equities100%
Individual holdings
1ALPHABET INC6.64%
2MICROSOFT CORP5.52%
3AMAZON.COM INC5.12%
4LOWES COMPANIES INC4.92%
5VISA INC4.23%
6FACEBOOK INC4.17%
7APPLE INC3.94%
8ALLERGAN PLC3.54%
9CROWN CASTLE INTERNATIONAL CORP3.35%
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 achieve significant capital appreciation over each full market cycle. To achieve this objective, the Fund will invest in an unleveraged portfolio of equity and equity-convertible securities and cash or cash equivalents.
Benchmark
  • S&P 500 Stock Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Richard Thies30/09/2016Mr Thies began his career at the International Finance Corporation of the World Bank Group as a consultant for the gender entrepreneurship markets group in 2005. In 2008, Mr Thies worked for Opportunity International as a proposal writer. He then worked as an associate international economist for The Northern Trust in 2009. He joined Driehaus Capital Management as a macro analyst in 2011. He received his Bachelor of Arts in international studies from Emory University in 2005 and his Master of Arts degree focused on international political economy from the University of Chicago in 2007.
Trent DeBruin30/09/2016Trent DeBruin began his career at Driehaus Capital Management in 2007 as an associate analyst. He received his B.A. in finance from the University of Notre Dame in 2007. In 2013, Mr DeBruin earned his MBA from the University of Chicago Booth School of Business, where he received the Outstanding Academic Award for highest GPA in his graduating class. Mr DeBruin is a CFA charterholder.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Luxembourg, Offshore, Singapore, Sweden, South Africa
VAM US Large Cap Growth 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 price35.17
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeV047
VAM US Large Cap Growth B USD
Initial charge5%
Annual charge2.25%
Min single investment£20,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)2.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price34.99
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVB06
Data provided by

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