Fact sheet: Oyster Flexible Credit

Fund information

Fund name
Oyster Flexible Credit C EUR PR
Fund company manager
SYZ Asset Management (Luxembou
Fund type
SIB
Fund manager(s)
Fund objective
The fund's objective is to provide investors with capital appreciation by investing in the credit market through a portfolio of European fixed and/or floating rate securities and money market instruments. The investment process starts with idea generation that is supported by primary market issues, theme identification, discussions with market makers and monitoring of the secondary market. The alpha is expected to be generated by drivers such as Event-Driven, Carry, Trading and Market overlay. Exposure to sectors, countries and ratings is unconstrained and is a result of the bottom-up analysis and instrument selection. A top-down overlay is used to manage the credit exposure risk of the portfolio.
Benchmark
1 MONTH EURIBOR +4.5%
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

0.88 %

1 Year rank in sector

244/299

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 59.6 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Italy
    11.48%
  • UK
    9.93%
  • Spain
    6.57%
  • USA
    6.46%
  • Switzerland
    4.05%
  • Financials
    27.46%
  • Telecommunications Utilities
    10.63%
  • Consumer Discretionary
    7.24%
  • Energy
    5.65%
  • Industrials
    4.16%
  • Global Fixed Interest
    56.95%
  • Money Market
    44.27%
  • Alternative Investment Strategies
    -9.81%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.16 %0.05 %0.88 %-0.23 %0 %
Sector0.3 %1.5 %4.24 %6.54 %9.53 %
Rank within sector280 / 340262 / 324244 / 299219 / 240 /
Quartile th4 th4 th4 th4 th th

Calendar performance

YTD-20172016201520142013
Fund0.37 %3.05 %-3.61 %0 %0 %
Sector3.66 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector255 / 307155 / 274187 / 242 / /
Quartile th4 th3 rd4 th th th

Risk statistics

Alpha-0.94
Beta0.38
Sharpe-0
Volatility3.17
Tracking error3.4
Information ratio-0.64
R-Squared0.1

Price movement

52 week high145.66
52 week low143.39
Current bid price0
Current offer price0
Current mid price144.65

Holdings by region

  • 11.48% Italy
  • 9.93% UK
  • 6.57% Spain
  • 6.46% USA
  • 4.05% Switzerland
  • 3.96% Bahrain
  • 3.9% France
  • 3.38% Romania
  • 2.94% Netherlands
  • 2.71% Austria

Holdings by sector

  • 27.46% Financials
  • 10.63% Telecommunications Utilities
  • 7.24% Consumer Discretionary
  • 5.65% Energy
  • 4.16% Industrials
  • 1.82% Consumer Staples
  • -9.83% Others

Holdings by asset type

  • 56.95% Global Fixed Interest
  • 44.27% Money Market
  • -9.81% Alternative Investment Strategies

Individual holdings

  • 4.16% NAVIERA ARMAS SA FRN 31/07/23 EUR100000
  • 4.05% MATTHORN TE 4.875% 15-01.05.23
  • 3.96% NMG FINCO P 5% 17-01.08.22
  • 3.84% LLOYDS 10.375% 12-12.02.24
  • 3.61% PER SQU HOL 5.5% 15-15.07.22
  • 3.38% GLBWR RE 2.875% 17-20.6.22 REGS
  • 3.33% ERA GROUP 7.75% 13-15.12.22
  • 2.91% WIND ACQ 4% 14-15.07.20
  • 2.71% ERSTE BK FRN 12-28.03.23
  • 2.69% MERCURY 7.125% 17-30.5.21 /PIK