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

11.52 %

1 Year rank in sector

3/46

Sector

FO Property - International

Yield
-
Fund size

£ 1.9 b

FE Risk score

106

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%
  • Other - Property
    35%
  • Retail - Property
    17.1%
  • Offices - Property
    17%
  • Industrial - Property
    12%
  • Residential - Property
    11.1%
  • International Equities
    90.7%
  • Cash & Cash Equivalents
    9.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund2.6 %6.85 %11.52 %11.22 %49.7 %
Sector0.23 %1.1 %-0.22 %17.1 %33.37 %
Rank within sector2 / 4711 / 473 / 4633 / 428 / 36
Quartile th1 st1 st1 st4 th1 st

Calendar performance

YTD-20172016201520142013
Fund14.33 %4.02 %-8.75 %12.99 %16.95 %
Sector2.12 %3.37 %4.32 %16.05 %0.9 %
Rank within sector3 / 4717 / 4543 / 4332 / 411 / 39
Quartile th1 st2 nd4 th4 th1 st

Risk statistics

Alpha-1.42
Beta0.94
Sharpe-0
Volatility12.55
Tracking error8
Information ratio-0.25
R-Squared0.59

Price movement

52 week high34.09
52 week low29.01
Current bid price0
Current offer price0
Current mid price33.99

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

  • 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

  • 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