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

13.83 %

1 Year rank in sector

8/52

Sector

FO Property - International

Yield
-
Fund size

£ 1.9 b

FE Risk score

107

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
    35.5%
  • Property Shares
    25.3%
  • Others
    17.1%
  • Cash & Cash Equivalents
    12.1%
  • Forest Products
    10%
  • International Equities
    87.9%
  • Cash & Cash Equivalents
    12.1%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.94 %7.36 %13.83 %14.31 %50.51 %
Sector-0.16 %1.1 %5.25 %15.4 %34.13 %
Rank within sector3 / 511 / 548 / 5221 / 4411 / 39
Quartile th1 st1 st1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund18.77 %4.02 %-8.75 %12.99 %16.95 %
Sector4.83 %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

Alpha-0.06
Beta0.98
Sharpe0.03
Volatility12.26
Tracking error7.86
Information ratio-0.05
R-Squared0.59

Price movement

52 week high35.41
52 week low29.41
Current bid price0
Current offer price0
Current mid price35.31

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

  • 35.5% Real Estate
  • 25.3% Property Shares
  • 17.1% Others
  • 12.1% Cash & Cash Equivalents
  • 10% Forest Products

Holdings by asset type

  • 87.9% International Equities
  • 12.1% Cash & Cash Equivalents

Individual holdings

  • 5.8% CK ASSET HOLDINGS LTD
  • 5.5% FOREST CITY REALTY TR INC
  • 5.5% LENNAR CORP
  • 5.3% WEYERHAEUSER CO
  • 4.7% HENDERSON LAND DEVELOPMENT CO
  • 4.7% RAYONIER INC
  • 4.5% BROOKFIELD ASSET MANAGEMENT INC
  • 4.5% LAND SECURITIES GROUP PLC
  • 4.4% FIVEPOINT HOLDINGS LLC
  • 4.2% PNC FINANCIAL SERVICES GROUP