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

17 %

1 Year rank in sector

250/483

Sector

FO Equity - International

Yield
-
Fund size

£ 1.2 b

FE Risk score

119

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    17.9%
  • Conglomerates
    12.2%
  • Financial Services
    9.3%
  • Oil & Gas
    8%
  • Banks
    7.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund3.8 %7.67 %17 %24.58 %45.35 %
Sector3.06 %9.16 %18.04 %31.52 %61.46 %
Rank within sector209 / 501278 / 497250 / 483301 / 389265 / 304
Quartile th2 nd3 rd3 rd4 th4 th

Calendar performance

YTD-20182017201620152014
Fund3.53 %13.42 %13.08 %-8.59 %5 %
Sector3.09 %16.28 %7.94 %0.71 %5.96 %
Rank within sector213 / 499295 / 482111 / 438376 / 388193 / 342
Quartile th2 nd3 rd2 nd4 th3 rd

Risk statistics

Alpha-3.93
Beta1.24
Sharpe0.14
Volatility13.52
Tracking error7.74
Information ratio-0.32
R-Squared0.69

Price movement

52 week high57.19
52 week low50.61
Current bid price0
Current offer price0
Current mid price55.17

Holdings by region

-

Holdings by sector

  • 17.9% Money Market
  • 12.2% Conglomerates
  • 9.3% Financial Services
  • 8% Oil & Gas
  • 7.9% Banks
  • 6.7% Real Estate
  • 6.6% Forest Products
  • 5.4% Insurance
  • 4% Mineral Extraction
  • 3.4% Building & Construction

Holdings by asset type

-

Individual holdings

  • 5.5% WEYERHAEUSER CO
  • 5.1% BROOKFIELD ASSET MANAGEMENT INC
  • 4.5% CK HUTCHISON HLDGS LTD
  • 4.2% TOTAL SA
  • 4.1% BANK OF NEW YORK MELLON CORP
  • 3.5% INVESTOR AB
  • 3.4% ALLEGHANY CORP
  • 3.4% CAVCO INDUSTRIES INC
  • 3.4% LENNAR CORP
  • 3.3% JOHNSON CONTROLS INTL PLC