Fact sheet: Acencia Debt Strategies Ltd

Fund information

Fund name
Acencia Debt Strategies Ltd
Fund company manager
Saltus Partners LLP
Fund type
ITR
Fund manager
Saltus (Channel Islands) Limited
since 01/11/2005
Fund objective
To invest in a portfolio of predominantly debt-oriented hedge funds. The Company does not use leverage other than for short-term working capital needs. In addition, the portfolio has minimal gearing at the underlying fund level. All of the Company's foreign exchange exposures are hedged back to sterling.
Benchmark
3 month Sterling LIBOR plus 5%
Investment style
Active,Event Driven-Multi Strategy
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

18.34 %

1 Year rank in sector

3/10

Sector

IT Hedge Funds

Yield

5.2951

Fund size

£ 82.6 m

FE Risk score

100

NAV

1.6464

Discount/Premium

+-4.7923

Gearing

100

Top in sector

Holdings snapshot

  • North America
    67%
  • Europe
    26%
  • Others
    7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.16 %11.43 %18.34 %0.08 %50.4 %
Sector3.9 %10.81 %23.27 %24.94 %32.78 %
Rank within sector6 / 93 / 103 / 105 / 83 / 8
Quartile th3 rd2 nd2 nd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund9.52 %6.81 %-9.44 %1.74 %23.36 %
Sector9.96 %15.93 %-3.83 %3.52 %5.25 %
Rank within sector4 / 103 / 105 / 96 / 82 / 8
Quartile th2 nd2 nd3 rd3 rd1 st

Risk statistics

Alpha-0.18
Beta0.18
Sharpe-0
Volatility10.85
Tracking error11.71
Information ratio-0.48
R-Squared0.01

Price movement

52 week high1.5975
52 week low1.32
Current bid price1.55
Current offer price1.585
Current mid price1.5675

Holdings by region

  • 67% North America
  • 26% Europe
  • 7% Others

Holdings by sector

-

Holdings by asset type

-

Individual holdings

  • 16.38% ELLIOTT ASSOCIATES, LP
  • 16.35% REDWOOD DOMESTIC FUND, LP
  • 12.41% OZ CREDIT OPPORTUNITIES DOMESTIC PARTNERS, LP
  • 12.29% CANYON BALANCED FUND, LP
  • 11.56% ANCHORAGE CAPITAL PARTNERS, LP
  • 10.93% THIRD POINT PARTNERS (QP), LP
  • 10.72% CENTERBRIDGE CREDIT PARTNERS, LP
  • 5.7% APPALOOSA INVESTMENT, LP
  • 5.2% YORK CREDIT OPPORTUNITIES FUND, LP