Fact sheet: Prestige Alternative Finance

Fund information

Fund name
Prestige Alternative Finance GBP
Fund company manager
Prestige Funds
Fund type
SIB
Fund objective
Prestige Alternative Finance (PALTF) is an experienced investor Fund focusing on asset-based direct lending, investing in a diversified portfolio consisting of rural, commercial and industrial loans, leases and finance agreements in the United Kingdom. The strategy is an absolute return - alternative investment designed to outperform traditional equity and fixed income based investments in terms of annualised market based risk. This is achieved by investing in a portfolio that carefully manages individual client and sector asset allocation risk to generate a steady stream of interest income with a low default risk both on individual cases and the wider asset class. The majority of lending is secured on assets (typically specialist machinery, equipment, vehicles and, increasingly, renewable energy and waste to energy) together with personal guarantees and substantial initial deposits from the borrowing customer.
Benchmark
No Specified Index
Investment style
Absolute Return,Relative Value-Multi Strategy
Investment method
Fixed Interest

Quick stats

1 Year return

4.94 %

1 Year rank in sector

8/29

Sector

FO Hedge/Stru Prod - Fixed Int

Yield
-
Fund size
-
FE Risk score

11

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    100%
  • Others
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0 %2.13 %4.94 %17.64 %32.69 %
Sector0.05 %2 %3.25 %-11.72 %-13.64 %
Rank within sector / 16 / 308 / 294 / 226 / 20
Quartile th th3 rd2 nd1 st2 nd

Calendar performance

YTD-20172016201520142013
Fund2.13 %5.51 %5.95 %6.14 %6.19 %
Sector1.89 %1.7 %-14.45 %0.63 %-5.68 %
Rank within sector17 / 307 / 293 / 245 / 215 / 20
Quartile th3 rd1 st1 st1 st1 st

Risk statistics

Alpha5.68
Beta-0.01
Sharpe19.57
Volatility0.11
Tracking error6.4
Information ratio1.6
R-Squared0.11

Price movement

52 week high99.0284
52 week low94.7992
Current bid price0
Current offer price0
Current mid price99.0284

Holdings by region

  • 100% UK

Holdings by sector

-

Holdings by asset type

  • 100% Others

Individual holdings

-