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
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

10.41 %

1 Year rank in sector

3/45

Sector

FO Property - International

Yield
-
Fund size

£ 1.8 b

FE Risk score

107

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    45.9%
  • Hong Kong
    15.4%
  • UK
    13.3%
  • Others
    8.1%
  • Singapore
    7.5%
  • Other - Property
    35%
  • Retail - Property
    17.1%
  • Offices - Property
    17%
  • Industrial - Property
    12%
  • Residential - Property
    11.1%
  • International Equities
    94.4%
  • Cash & Cash Equivalents
    5.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.37 %9.76 %10.41 %8.14 %57.85 %
Sector-1.58 %2.86 %-1.68 %16.26 %37.23 %
Rank within sector2 / 464 / 463 / 4531 / 428 / 36
Quartile th1 st1 st1 st3 rd1 st

Calendar performance

YTD-20172016201520142013
Fund11.97 %4.02 %-8.75 %12.99 %16.95 %
Sector3.01 %3.37 %4.32 %16.05 %0.9 %
Rank within sector2 / 4617 / 4443 / 4332 / 411 / 39
Quartile th1 st2 nd4 th4 th1 st

Risk statistics

Alpha-2.38
Beta0.93
Sharpe-0
Volatility12.5
Tracking error7.95
Information ratio-0.38
R-Squared0.59

Price movement

52 week high33.3
52 week low29.01
Current bid price0
Current offer price0
Current mid price33.29

Holdings by region

  • 45.9% USA
  • 15.4% Hong Kong
  • 13.3% UK
  • 8.1% Others
  • 7.5% Singapore
  • 5.6% Money Market
  • 4.2% Australia

Holdings by sector

  • 35% Other - Property
  • 17.1% Retail - Property
  • 17% Offices - Property
  • 12% Industrial - Property
  • 11.1% Residential - Property
  • 5.6% Cash & Cash Equivalents
  • 2% Leisure & Hotels
  • 0.2% Asset/Mortgage-Backed Securities

Holdings by asset type

  • 94.4% International Equities
  • 5.6% Cash & Cash Equivalents

Individual holdings

  • 5.8% LENNAR CORP
  • 5.6% WEYERHAEUSER COMPANY
  • 5.4% LAND SECURITIES GROUP PLC
  • 5.2% GLOBAL LOGISTIC PROPERTIES LTD
  • 5% RAYONIER INC
  • 4.9% CHEUNG KONG PROPERTY HLDGS LTD
  • 4.9% FOREST CITY REALTY TR INC
  • 4.5% FIVEPOINT HOLDINGS LLC
  • 4.4% WHEELOCK & CO
  • 4.2% WESTFIELD CORPORATION