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

0.02 %

1 Year rank in sector

257/306

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 59.4 m

FE Risk score

81

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    11.05%
  • France
    9.28%
  • Italy
    8.98%
  • USA
    7.83%
  • Spain
    6.11%
  • Financials
    30.4%
  • Consumer Discretionary
    9.46%
  • Telecommunications Utilities
    8.93%
  • Energy
    7.01%
  • Industrials
    3.27%
  • Global Fixed Interest
    61.62%
  • Money Market
    39.82%
  • Alternative Investment Strategies
    -9.83%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.35 %0.34 %0.02 %-1.11 %0 %
Sector0.14 %1.04 %3.56 %5.99 %8.78 %
Rank within sector133 / 341224 / 327257 / 306219 / 240 /
Quartile th2 nd3 rd4 th4 th th

Calendar performance

YTD-20182017201620152014
Fund0.29 %0.16 %3.05 %-3.61 %0 %
Sector0.15 %3.67 %4.59 %-1.64 %3.66 %
Rank within sector128 / 341248 / 302151 / 269186 / 239 /
Quartile th2 nd4 th3 rd4 th th

Risk statistics

Alpha-0.99
Beta0.4
Sharpe-0
Volatility3.13
Tracking error3.33
Information ratio-0.69
R-Squared0.11

Price movement

52 week high145.66
52 week low144.16
Current bid price0
Current offer price0
Current mid price144.76

Holdings by region

  • 11.05% UK
  • 9.28% France
  • 8.98% Italy
  • 7.83% USA
  • 6.11% Spain
  • 4.3% Netherlands
  • 4.02% Switzerland
  • 3.9% Bahrain
  • 3.46% Romania
  • 2.69% Austria

Holdings by sector

  • 30.4% Financials
  • 9.46% Consumer Discretionary
  • 8.93% Telecommunications Utilities
  • 7.01% Energy
  • 3.27% Industrials
  • 2.54% Consumer Staples
  • -9.83% Others

Holdings by asset type

  • 61.62% Global Fixed Interest
  • 39.82% Money Market
  • -9.83% Alternative Investment Strategies

Individual holdings

  • 4.02% MATTHORN TE 4.875% 15-01.05.23
  • 3.9% NMG FINCO P 5% 17-01.08.22
  • 3.84% LLOYDS 10.375% 12-12.02.24
  • 3.56% PER SQU HOL 5.5% 15-15.07.22
  • 3.53% ERA GROUP 7.75% 13-15.12.22
  • 3.47% TROCEAN 7.75% 15.10.24/POOL
  • 3.46% GLBWR RE 2.875% 17-20.6.22 REGS
  • 3.27% NAVIERA ARMAS SA FRN 31/07/23 EUR100000
  • 2.69% ERSTE BK FRN 12-28.03.23
  • 2.58% MERCURY 7.125% 17-30.5.21 /PIK