Fact sheet: Alken Absolute Rtn Eur

Fund information

Fund name
Alken Absolute Return Europe GB1 GBP
Fund company manager
Alken Asset Management
Fund type
SIB
Fund manager
Alken Asset Management
since 31/01/2011
Fund objective
The Fund aims to provide capital growth and a positive absolute return over long term period through long and short market exposure in the European markets primarily in equities or related derivative contracts, and specifically to deliver absolute (more than zero) returns in each year, although an absolute return performance is not guaranteed.
Benchmark
No Specified Index
Investment style
Absolute Return
Investment method
Shares

Quick stats

1 Year return

18.05 %

1 Year rank in sector

4/138

Sector

FO Absolute Return

Yield
-
Fund size

£ 981.0 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • France
    22.94%
  • UK
    17.5%
  • Money Market
    12.52%
  • Ireland
    5.15%
  • Germany
    4.53%
  • Consumer Discretionary
    20.34%
  • Industrials
    14.57%
  • Information Technology
    12.65%
  • Money Market
    12.52%
  • Materials
    10.31%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.23 %9 %18.05 %17.98 %46.92 %
Sector0.25 %1.12 %2.5 %3.18 %9.49 %
Rank within sector4 / 1543 / 1514 / 1384 / 98 /
Quartile th1 st1 st1 st1 st th

Calendar performance

YTD-20172016201520142013
Fund14.1 %-8.6 %7.74 %4.72 %0 %
Sector2.28 %0.66 %0.69 %1.2 %3.58 %
Rank within sector5 / 146124 / 12915 / 11118 / 87 /
Quartile th1 st4 th1 st1 st th

Risk statistics

Alpha1.05
Beta3.63
Sharpe0.08
Volatility11.56
Tracking error10.66
Information ratio0.31
R-Squared0.32

Price movement

52 week high122.63
52 week low100.83
Current bid price0
Current offer price0
Current mid price122.51

Holdings by region

  • 22.94% France
  • 17.5% UK
  • 12.52% Money Market
  • 5.15% Ireland
  • 4.53% Germany
  • 3.92% Sweden
  • 1.55% Norway
  • 1.48% USA
  • 1.21% Spain
  • 0.88% Netherlands

Holdings by sector

  • 20.34% Consumer Discretionary
  • 14.57% Industrials
  • 12.65% Information Technology
  • 12.52% Money Market
  • 10.31% Materials
  • 5.91% Real Estate
  • 1.1% Telecommunications Utilities
  • 0.79% Utilities
  • -0.76% Financials
  • -1.14% Energy

Holdings by asset type

-

Individual holdings

  • 10.15% WIRE CARD AG
  • 6.87% PEUGEOT SA
  • 5.43% AROUNDTOWN PROPERTY HLDGS
  • 4.84% RYANAIR HLDGS CFD EUR
  • 4.52% RENAULT(REGIE NATIONALE DES USINES)
  • 4.34% VALEO
  • 4.2% GLENCORE PLC
  • 2.95% VOLVO AB CFD CONTRACT B1QH830
  • 2.7% B & M EUROPEAN VALUE RETAIL SA
  • 2.64% Drillisch AG (CFD)