Fact sheet: NN (L) Alter Beta

Fund information

Fund name
NN (L) Alternative Beta X Cap USD
Fund company manager
NN Investment Partners (LUX)
Fund type
SIB
Fund manager(s)
Willem Van Dommelen
since 17/06/2008
Fund objective
The objective of this fund is to beat the HFRX Global Hedge Fund Index. This index is composed of funds that typically aim to provide positive returns irrespective of market conditions (hedge funds). We do this without actually investing in hedge funds. The fund invests in multiple markets, for instance: fixed income, shares and currencies. Decisions to buy or sell assets are fully based on signals generated by our mathematical models. Our model should detect which markets drive the performance of hedge funds at a certain moment. The calculations of the model are repeated monthly, where all investments are monitored on a daily basis. Strict risk controls are in place to manage the risks of the fund. You can sell your participation in this fund on each (working) day on which the value of the units is calculated, which for this fund occurs daily. The fund does not aim to provide you with a dividend. It will reinvest all earnings.
Benchmark
HFRX Global Hedge Fund Index
Investment style
Multi Strategy,Active
Investment method
Mixed

Quick stats

1 Year return

6.55 %

1 Year rank in sector

60/159

Sector

FO Hedge/Stru Prod - Mixed

Yield
-
Fund size

£ 273.6 m

FE Risk score

32

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    78.91%
  • USA
    21.09%
  • Money Market
    78.91%
  • Global Fixed Interest
    20.89%
  • Others
    0.19%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.79 %4.19 %6.55 %8.61 %12.14 %
Sector1.37 %3.84 %5.07 %3.83 %10.66 %
Rank within sector61 / 15472 / 17360 / 15934 / 9944 / 76
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Calendar performance

YTD-20182017201620152014
Fund1.25 %6.11 %2.04 %-1.57 %-0.01 %
Sector1.26 %4.12 %-0.53 %-0.64 %5.08 %
Rank within sector73 / 14153 / 15845 / 12562 / 9870 / 86
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Risk statistics

Alpha1.2
Beta1.02
Sharpe-0
Volatility3.69
Tracking error3.14
Information ratio0.37
R-Squared0.28

Price movement

52 week high291.91
52 week low272.41
Current bid price0
Current offer price0
Current mid price291.48

Holdings by region

  • 78.91% Money Market
  • 21.09% USA

Holdings by sector

-

Holdings by asset type

  • 78.91% Money Market
  • 20.89% Global Fixed Interest
  • 0.19% Others

Individual holdings

  • 4.63% 0.000% TREASURY BILL 04/19/2018
  • 4.63% 0.000% TREASURY BILL 04/26/2018
  • 3.1% 0.000% TREASURY BILL 11/02/2017
  • 3.1% 0.000% TREASURY BILL 11/09/2017
  • 3.09% 0.000% TREASURY BILL 03/22/2018
  • 2.32% 0.000% TREASURY BILL 03/29/2018
  • 0.16% TRSWAP: BCOM INDEX
  • 0.04% TRSWAP: NDUEEGF INDEX
  • 0.01% UNITED STATES OF AMER TREAS BONDS 6.125% BDS 15/8/2029 USD1000
  • 0.01% UNITED STATES OF AMER TREAS BONDS 6.625% 15/2/2027 USD1000