Fact sheet: Third Avenue Real Estate Value

Fund information

Fund name
Third Avenue Real Estate Value Investor
Fund company manager
Third Avenue Management
Fund type
SIB
Fund manager(s)
Jason Wolf
since 31/03/2009
Michael Winer
since 17/09/2008
Ryan Dobratz
since 31/12/2012
Fund objective
To acheive Long-term capital appreciation with limited investment risk.
Benchmark
FTSE EPRA/NAREIT Developed
Investment style
-
Investment method
Shares

Quick stats

1 Year return

16.98 %

1 Year rank in sector

2/46

Sector

FO Property - International

Yield
-
Fund size

£ 1.9 b

FE Risk score

109

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    46.4%
  • Hong Kong
    15.7%
  • UK
    12.3%
  • Money Market
    9.3%
  • Singapore
    7.7%
  • Real Estate
    40.3%
  • Property Shares
    23.5%
  • Others
    16.7%
  • Forest Products
    10.2%
  • Cash & Cash Equivalents
    9.3%
  • International Equities
    90.7%
  • Cash & Cash Equivalents
    9.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.14 %6.49 %16.98 %17.4 %51.38 %
Sector1.57 %0.03 %3.59 %21.69 %34.49 %
Rank within sector17 / 475 / 472 / 4627 / 419 / 36
Quartile th2 nd1 st1 st3 rd1 st

Calendar performance

YTD-20172016201520142013
Fund17.02 %4.02 %-8.75 %12.99 %16.95 %
Sector4.18 %3.37 %4.32 %16.05 %0.9 %
Rank within sector2 / 4716 / 4442 / 4231 / 401 / 38
Quartile th1 st2 nd4 th4 th1 st

Risk statistics

Alpha-0.69
Beta0.93
Sharpe0.08
Volatility12.32
Tracking error8.09
Information ratio-0.17
R-Squared0.57

Price movement

52 week high34.79
52 week low29.01
Current bid price0
Current offer price0
Current mid price34.79

Holdings by region

  • 46.4% USA
  • 15.7% Hong Kong
  • 12.3% UK
  • 9.3% Money Market
  • 7.7% Singapore
  • 4.4% Canada
  • 4.2% Others

Holdings by sector

  • 40.3% Real Estate
  • 23.5% Property Shares
  • 16.7% Others
  • 10.2% Forest Products
  • 9.3% Cash & Cash Equivalents

Holdings by asset type

  • 90.7% International Equities
  • 9.3% Cash & Cash Equivalents

Individual holdings

  • 5.7% LENNAR CORP
  • 5.6% CHEUNG KONG PROPERTY HLDGS LTD
  • 5.4% FOREST CITY REALTY TR INC
  • 5.4% WEYERHAEUSER COMPANY
  • 5.3% GLOBAL LOGISTIC PROPERTIES LTD
  • 5% LAND SECURITIES GROUP PLC
  • 4.9% FIVEPOINT HOLDINGS LLC
  • 4.8% RAYONIER INC
  • 4.4% BROOKFIELD ASSET MANAGEMENT INC
  • 4.1% WHEELOCK & CO