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CF Eclectica Absolute Macro

Ranked 10 out of 17 in - Global Macro over 12 months
All calculations are in GBP unless stated

Managed by

Hugh Hendry

Hugh Hendry is the principal portfolio manager and leads both the investment thinking and research teams at Eclectica Asset Management. Hugh has over 20 years’ investment experience with Baillie Gifford, Credit Suisse Asset Management and Odey Asset Management. As partner at Odey Hugh managed a range of funds from $1bn of long-only European mandates to the Eclectica Fund.

Objective

Showing fund performance in United Kingdom View performance globally

Performance

Global Macro over : 31/03/2016 - 31/03/2017
  • Rank 10/17 Total Return
  • Rank 12/17 Standard Deviation
  • Rank 8/17 Max Drawdown
Fund Name Currency Return
8 Bellevue F (Lux) BB Global Macro HI GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

4.3%

9 U Access (Ire) Trend Macro B GBP Acc GBP

4.1%

10 CF Eclectica Absolute Macro A GBP Acc GBP

3.9%

11 Jupiter JGF Strategic Total Return I GBP Acc HSC GBP

2.5%

12 William Blair SICAV Dynamic Div Alloc IH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

2.4%

Fund Name Currency Loss
6 William Blair SICAV Dynamic Div Alloc IH GBP

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.6%

7 M&G Episode Macro GBP T-H Acc

Currency exposure is hedged

Currency exposure is hedged

GBP

-2.8%

8 CF Eclectica Absolute Macro A GBP Acc GBP

-3.5%

9 U Access (Ire) Trend Macro B GBP Acc GBP

-3.7%

10 Spinnaker Emerging Markets Macro S1 GBP GBP

-3.8%

Total Return

Quarterly Performance

to 31/03/2017 Annual Q1 Q2 Q3 Q4
2017 -2.6%
2016 -0.5% -6.6% -1.1% 0.2% 7.5%
2015 4.4% 13.6% -4.0% -8.0% 4.1%
2014 2.1% -8.0% -1.0% 0.3% 11.8%
2013 0.8% 4.4% -4.0% -2.9% 3.6%
2012 -0.4% -2.8% 3.8% 1.9% -3.1%
2011 8.7% -1.8% 2.3% 7.0% 1.1%
2010 3.6% 1.1% -1.2% 3.5% 0.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/10/2016

Top 10 Holdings

Stock Size
GBP Cash 28.99
US Treasury 0.000% 15-Dec-2016 11.25
Sprint Capital 6.875% 15-Nov-2028 5.16
Fidelity China Special Situations PLC 3.64
Ryder System Inc 3.500% 01-Jun-2017 3.32
Shire PLC ORD 3.23
Novartis AG ORD 3.07
GlaxoSmithKline PLC ORD 2.92
Roche Holding AG Par 2.85
Novo Nordisk A/S ORD 2.20
31/10/2016

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date31/12/2009
  • Share Class size30Mn
  • Base currencyGBP
  • ISIN GB00B2PJSV25

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment100

Charges

  • Annual management0.25%
  • Initial investment0

Related News

Hugh Hendry: a 'unique' trade for a broken system

Hendry suggests he may have found a 'unique' trade to deliver outsized returns as Europe approaches a ’dramatic fulcrum’ point.

Hugh Hendry: the environment is ripe for 'barbell strategies'

Hugh Hendry believes it is now the time for the 'flexible macro manager' to shine.

How Hugh Hendry is hedging Brexit risk

Outspoken Eclectica fund manager Hugh Hendry believes he has found an attractive way of partially hedging the risk of a possible Brexit following next month’s referendum.

Eclectica to charge 20% performance fee on Hendry's Absolute Macro fund

Eclectica is to introduce a 20% performance fee on its Absolute Macro fund and wants the flexibility to reset the high watermark to prevent management being ‘unreasonably penalised’ should the fund’s value fall heavily.

Hugh Hendry: Why I'm backing UK housebuilders

The hedge fund manager is putting faith in the domestic sector which he believes has room to grow despite some headwinds.

When and why do you dump the laggard funds?

Wealth managers explain their approach to backing - and selling - underperforming funds

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).