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
EURIBOR 1 Month
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

0.76 %

1 Year rank in sector

179/308

Sector

FO Fixed Int - Global

Yield
-
Fund size

£ 59.4 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Italy
    11.45%
  • UK
    9.15%
  • Netherlands
    6.56%
  • Spain
    6.56%
  • USA
    6.37%
  • Financials
    29.59%
  • Telecommunications Utilities
    10.56%
  • Consumer Discretionary
    6.07%
  • Energy
    5.57%
  • Industrials
    4.16%
  • Global Fixed Interest
    57.76%
  • Money Market
    43.76%
  • Alternative Investment Strategies
    -11.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.14 %-0.36 %0.76 %-0.66 %0 %
Sector0.11 %1.66 %1.73 %6.22 %9.18 %
Rank within sector194 / 345279 / 331179 / 308220 / 252 /
Quartile th3 rd4 th3 rd4 th th

Calendar performance

YTD-20172016201520142013
Fund0.44 %3.05 %-3.61 %0 %0 %
Sector3.47 %4.59 %-1.64 %3.66 %-1.56 %
Rank within sector264 / 317158 / 285190 / 256 / /
Quartile th4 th3 rd3 rd th th

Risk statistics

Alpha-1.38
Beta0.37
Sharpe-0
Volatility3.22
Tracking error3.47
Information ratio-0.76
R-Squared0.09

Price movement

52 week high145.66
52 week low143.39
Current bid price0
Current offer price0
Current mid price144.74

Holdings by region

  • 11.45% Italy
  • 9.15% UK
  • 6.56% Netherlands
  • 6.56% Spain
  • 6.37% USA
  • 4.03% Switzerland
  • 3.88% France
  • 2.9% Bahrain
  • 2.77% Austria
  • 2.51% Romania

Holdings by sector

  • 29.59% Financials
  • 10.56% Telecommunications Utilities
  • 6.07% Consumer Discretionary
  • 5.57% Energy
  • 4.16% Industrials
  • 1.81% Consumer Staples
  • -11.86% Others

Holdings by asset type

  • 57.76% Global Fixed Interest
  • 43.76% Money Market
  • -11.8% Alternative Investment Strategies

Individual holdings

  • 8.44% FRANCE(GOVT OF) 0% BDS 17/01/18 EUR1
  • 4.16% NAVIERA ARMAS SA FRN 31/07/23 EUR100000
  • 4.03% MATTHORN TE 4.875% 15-01.05.23
  • 3.85% LLOYDS 10.375% 12-12.02.24
  • 3.65% ABN AMRO 6.25%(FRN) 12-13.9.22
  • 3.26% ERA GROUP 7.75% 13-15.12.22
  • 2.94% PER SQU HOL 5.5% 15-15.07.22
  • 2.91% WIND ACQ 4% 14-15.07.20
  • 2.77% ERSTE BK FRN 12-28.03.23
  • 2.68% MERCURY 7.125% 17-30.5.21 /PIK