Fact sheet: VT Turcan Connell Abs Rtn Pfl

Fund information
Fund name
VT Turcan Connell Absolute Return Portfolio Acc
Fund manager company
Valu-Trac Investment Managemen
Fund type
OEIC
Fund manager
No data available.
Fund objective
To provide a positive capital return over a 12 month period ,regardless of market conditions ,with a low level of realised volatility.
Benchmark
  • 3 Month LIBOR +2%
Investment style
Absolute Return,Flexible
Investment method
None
Quick stats
1 Year return
-2.7%
1 Year rank in sector
58/72
Sector
UT Targeted Absolute Return
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.
1.6%
Fund size
£38m (£32m 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.
32
Mid price
113.541
Top in this sector
Fund name1 Year
Majedie Tortoise25.5%
Jupiter Absolute Return11.9%
CF Ruffer Absolute Return9.7%
7IM Unconstrained9.6%
IFSL Brooks Macdonald DC8.6%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • UK33.9%
    Ireland28.3%
    Luxembourg13.6%
    Money Market10.6%
    Guernsey7.8%
  • No data available.
  • Hedge56.8%
    Global Fixed Interest28.5%
    Alternative Investment Strategies6.8%
    Property6.4%
    Money Market1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-1.7%-0.3%-2.7%4.4%21.1%
Sector-0.2%-0.1%1.3%0.4%6%15.4%
Rank within sector67 / 7464 / 7455 / 7258 / 7239 / 5818 / 47
Quartile4th4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-2.1%2.5%3.3%8.6%8.6%
Sector0.3%2.2%2.5%6.5%3.3%
Rank within sector56 / 7227 / 6732 / 5820 / 534 / 47
Quartile4th2nd3rd2nd1st
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.
1.5
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.
0.03
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
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%.
4.12
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.
6.97
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.
-0.55
Price movement
52 week high118.17
52 week low112.11
Current bid price-
Current offer price-
Current mid price113.54
Region
1UK33.94%
2Ireland28.29%
3Luxembourg13.58%
4Money Market10.59%
5Guernsey7.83%
6USA5.77%
Industry sector
No data available.
Asset type
1Hedge56.8%
2Global Fixed Interest28.54%
3Alternative Investment Strategies6.84%
4Property6.4%
5Money Market1.42%
Individual holdings
1ARGONAUT FP ARGONAUT ABSOLUTE RETURN I ACC EUR10.42%
2HERMES MULTI STRATEGY CREDIT F DIS GBP9.62%
3CF ODEY ABSOLUTE RETURN INST GBP9.51%
4OLD MUTUAL GLOBAL EQUITY ABSOLUTE RETURN R HEDGED ACC GBP9.48%
5AXIOM AXIOM EUROPEAN FINANCIAL DEBT FUND LIMITED ORD7.83%
6JUPITER ABSOLUTE RETURN I ACC7.77%
7STANDARD LIFE INVESTMENTS GLOBAL FOCUSED STRATEGIES K GBP7.28%
8SG ISSUER WTS LKD NTS 22/12/17(SGA NV)GBP16.31%
9Drum Income Plus Reit PLC Ord 10p6.23%
Management
Fund manager group
Valu-Trac Invest Mgmt
Fund manager company
Valu-Trac Investment Managemen
Fund type
OEIC
Fund objective
To provide a positive capital return over a 12 month period ,regardless of market conditions ,with a low level of realised volatility.
Benchmark
  • 3 Month LIBOR +2%
Investment style
Absolute Return,Flexible
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
VT Turcan Connell Absolute Return Portfolio Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price113.541
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2A7
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.