Fact sheet: ML OZ Erp MltStg UCITS

Fund information

Fund name
ML Och Ziff European Multi-Strategy UCITS C Acc EUR
Fund company manager
Merrill Lynch International
Fund type
SIB
Fund manager
David Windreich
since 30/03/2011
Fund objective
The investment objective of the Fund is to achieve consistent, positive returns. This is done primarily by seeking to take advantage of pricing inefficiencies in equity and debt securities of European companies, companies that have significant operations in, or derive a significant portion of their revenue from, Europe or are involved in cross-border activities or other significant events with a company domiciled in Europe, through the use of various strategies: (1) Long/Short Equity Special Situations - where the Fund gains exposure to companies involved in extraordinary corporate events; (2) Merger Arbitrage - which involves the purchase and sale of securities of companies involved in corporate reorganizations; (3) Convertible/ Derivative Arbitrage - where the Fund will seek gains from pricing differences between equity securities and convertible securities; and (4) Credit - which targets debt related investment opportunities such as bond investments and distressed debt securities in various stages of the economic and credit cycle.
Benchmark
No Specified Index
Investment style
Multi Strategy
Investment method
Mixed

Quick stats

1 Year return

5.79 %

1 Year rank in sector

32/148

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 7.0 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Germany
    11.79%
  • Netherlands
    8.01%
  • Switzerland
    7.57%
  • Ireland
    6.21%
  • USA
    4.92%
  • Materials
    23.89%
  • Industrials
    20.86%
  • Others
    2.63%
  • Consumer Staples
    2.46%
  • Health Care
    1.51%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.75 %1.99 %5.78 %1.5 %12.61 %
Sector-0.17 %1.73 %1.57 %2.15 %7.28 %
Rank within sector5 / 15377 / 16532 / 14857 / 10031 / 79
Quartile th1 st2 nd1 st3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund3.43 %-4.85 %4.36 %-7.47 %13.66 %
Sector1.74 %-0.53 %-0.64 %5.08 %1.38 %
Rank within sector54 / 162102 / 13021 / 10791 / 9213 / 82
Quartile th2 nd4 th1 st4 th1 st

Risk statistics

Alpha-0.92
Beta1.59
Sharpe-0
Volatility6.52
Tracking error5.84
Information ratio-0.12
R-Squared0.23

Price movement

52 week high108.51
52 week low101.5
Current bid price0
Current offer price0
Current mid price108.15

Holdings by region

  • 11.79% Germany
  • 8.01% Netherlands
  • 7.57% Switzerland
  • 6.21% Ireland
  • 4.92% USA
  • 4% Denmark
  • 3.47% Spain
  • 1.89% UK
  • 1.52% Italy
  • 1.5% Austria

Holdings by sector

  • 23.89% Materials
  • 20.86% Industrials
  • 2.63% Others
  • 2.46% Consumer Staples
  • 1.51% Health Care
  • 0.59% Information Technology
  • -0.01% Telecommunications Utilities
  • -0.45% Real Estate
  • -1.03% Utilities
  • -1.51% Energy

Holdings by asset type

-

Individual holdings

-