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
None
Investment method
Shares

Quick stats

1 Year return

18.32 %

1 Year rank in sector

5/52

Sector

FO Property - International

Yield
-
Fund size

£ 1.9 b

FE Risk score

108

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    48.1%
  • Hong Kong
    16.3%
  • Money Market
    12.1%
  • UK
    12.1%
  • Canada
    4.5%
  • Real Estate
    40.3%
  • Property Shares
    23.5%
  • Others
    16.7%
  • Forest Products
    10.2%
  • Cash & Cash Equivalents
    9.3%
  • International Equities
    87.9%
  • Cash & Cash Equivalents
    12.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.43 %8.61 %18.32 %12.72 %56.16 %
Sector0.19 %3.14 %8.56 %15.33 %38.19 %
Rank within sector22 / 513 / 535 / 5225 / 4410 / 38
Quartile th2 nd1 st1 st3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund17.52 %4.02 %-8.75 %12.99 %16.95 %
Sector4.38 %3.37 %4.32 %16.05 %0.9 %
Rank within sector3 / 5318 / 4845 / 4531 / 411 / 39
Quartile th1 st2 nd4 th4 th1 st

Risk statistics

Alpha0.13
Beta0.98
Sharpe0.04
Volatility12.29
Tracking error7.9
Information ratio-0.03
R-Squared0.58

Price movement

52 week high34.98
52 week low29.41
Current bid price0
Current offer price0
Current mid price34.94

Holdings by region

  • 48.1% USA
  • 16.3% Hong Kong
  • 12.1% Money Market
  • 12.1% UK
  • 4.5% Canada
  • 4.1% Australia
  • 2.8% 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

  • 87.9% International Equities
  • 12.1% 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