Fact sheet: Third Avenue Value

Fund information

Fund name
Third Avenue Value Investor
Fund company manager
Third Avenue Management
Fund type
SIB
Fund manager(s)
Martin Whitman
since 01/11/1990
Ian Lapey
since 31/07/2009
Fund objective
To achieve Long-term capital appreciation with limited investment risk.
Benchmark
-
Investment style
None
Investment method
Shares

Quick stats

1 Year return

11.81 %

1 Year rank in sector

352/483

Sector

FO Equity - International

Yield
-
Fund size

£ 1.2 b

FE Risk score

120

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    66.9%
  • Others
    12.04%
  • Canada
    6.2%
  • Money Market
    5.9%
  • Hong Kong
    5.4%
  • Banks
    11.4%
  • Conglomerates
    11.3%
  • Financial Services
    11.1%
  • Money Market
    7.6%
  • Oil & Gas
    6.6%
  • US Equities
    66.9%
  • International Equities
    12.04%
  • Canadian Equities
    6.2%
  • Money Market
    5.9%
  • Hong Kong Equities
    5.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.17 %4.74 %11.81 %12.84 %49.79 %
Sector0.77 %6.18 %16.99 %24.12 %63.79 %
Rank within sector482 / 507325 / 502352 / 483344 / 384243 / 290
Quartile th4 th3 rd3 rd4 th4 th

Calendar performance

YTD-20172016201520142013
Fund11.02 %13.08 %-8.59 %5 %19.16 %
Sector14.56 %7.94 %0.71 %5.96 %21.26 %
Rank within sector319 / 492112 / 447382 / 395193 / 346215 / 302
Quartile th3 rd2 nd4 th3 rd3 rd

Risk statistics

Alpha-3.74
Beta1.24
Sharpe0.14
Volatility13.59
Tracking error7.72
Information ratio-0.3
R-Squared0.69

Price movement

52 week high56.87
52 week low50.38
Current bid price0
Current offer price0
Current mid price55.93

Holdings by region

  • 66.9% USA
  • 12.04% Others
  • 6.2% Canada
  • 5.9% Money Market
  • 5.4% Hong Kong
  • 3.5% France
  • 0.06% UK

Holdings by sector

  • 11.4% Banks
  • 11.3% Conglomerates
  • 11.1% Financial Services
  • 7.6% Money Market
  • 6.6% Oil & Gas
  • 5.7% Forest Products
  • 5.6% Insurance
  • 4.6% Consumer Products
  • 3.5% Pharmaceuticals
  • 3.4% Residential - Property

Holdings by asset type

  • 66.9% US Equities
  • 12.04% International Equities
  • 6.2% Canadian Equities
  • 5.9% Money Market
  • 5.4% Hong Kong Equities
  • 3.5% French Equities
  • 0.06% UK Equities

Individual holdings

  • 6.6% BANK OF NEW YORK MELLON CORP
  • 5.7% WEYERHAEUSER CO
  • 5.2% COMERICA INC
  • 5% PNC FINANCIAL SERVICES GROUP
  • 4.4% BROOKFIELD ASSET MANAGEMENT INC
  • 4% CK HUTCHISON HLDGS LTD
  • 3.7% ALLEGHANY CORP
  • 3.6% INVESTOR AB
  • 3.6% TOTAL SA
  • 3.4% CAVCO INDUSTRIES INC