# Fund performance
### Valoren 23344953

### WKN A1XD4X
| Performance in % | Cumulative | Annualised | Data sources GAM, MSCI |
| --- | --- | --- | --- |
| YTD	1M	3M	1Y	3Y	5Y	Since	3Y	5Y	Since  Key information regarding the share class: launch	launch  As of 11.10.2019, the GAM Star (Lux) Financials Alpha Fund |
| Fund | -3.33 | -2.10 | -1.71 | -4.42 | -2.75 | -5.06 |  | 1.05 | -0.93 | -1.03 | 0.16 | was renamed the GAM Star (Lux) Global Alpha Fund. |
| Index for comparison | 4.97 | 5.80 | 13.29 | 17.97 | 19.41 | 51.88 |  | 55.44 | 6.09 | 8.71 | 6.96 | 1  On 11.10.2019 the index for comparison shown on this |
|  |  |  |  |  |  |  |  |  |  |  |  | factsheet changed from MSCI World Financials in USD to |
|  |  |  |  |  |  |  |  |  |  |  |  | MSCI AC World Index Hedged to USD (Spliced) from launch. |
| Rolling performance |  |  |  |  |  |  |  |  |  |  |  | Therefore, the performance of the index for comparison shown |
| August- |  | 2015/ |  |  | 2016/ |  | 2017/ |  | 2018/ |  | 2019/ | until 10.10.2019 is the performance of MSCI World Financials in USD and the performance after that is the performance of |
| August(%) |  | 2016 |  |  | 2017 |  | 2018 |  | 2019 |  | 2020 | MSCI AC World Index Hedged to USD. The index for |
| Fund |  | -4.46 |  |  | 2.18 |  | 1.72 |  | 0.02 |  | -4.42 | comparison is shown for illustrative purposes only. |
| Index for comparison |  | 0.07 |  |  | 27.09 |  | 7.13 |  | -5.51 |  | 17.97 | 2  Excludes administration and custodian fees. Please see the |
|  |  |  |  |  |  |  |  |  |  |  |  | current fund prospectus for further details on fees and |
|  |  |  |  |  |  |  |  |  |  |  |  | charges. |


## Performance - % Growth	Fund statistics*

### Statistic	Fund	Benchmark

### Alpha (%)	0.00	n.a.

### Beta	0.04	n.a.

### Correlation	0.13	n.a.

### Sharpe Ratio**	-0.19	0.39

### Maximum drawdown	-6.86	-21.68

### Annualised standard deviation (%)	4.75	15.19

### * Computed since inception

### ** Risk free rate is Average USD 1 Month Deposit Rate
Calendar year performance	
Contact details

### GAM Fund Management Limited George's Court

### 54-62 Townsend Street

### Dublin 2, Ireland

### Freephone: 0800 919 927 (UK only)

### Tel: +353 (0) 1 6093927

### Fax: +353 (0) 1 6117941

### For daily updates on this fund see www.gam.com. Access may be subject to certain restrictions.
Past performance is not an indicator of future performance and current or future trends. The performance values refer to the net asset value and are calculated without the commission and costs incurred on issue, redemption or swapping (e.g. transaction and custody costs of the investor). The fund does not include the security of capital which is characteristic of a deposit with a bank or building society. The indications are based on figures denominated in USD. If this currency is different from the currency of the country in which the investor is resident, the return may increase or decrease as a result of currency fluctuations. There is no defined benchmark for the Fund in the prospectus therefore the index for comparison is intended or illustrative purposes only.
| Asset allocation |  |
| --- | --- |
| Top 10 long equity holdings |  | Exposure |  |
| Name | % of Fund |  | % |
| NextEra Energy | 2.8 | Gross | 179.6 |
| SYNNEX | 2.7 | Net | 9.4 |
| Akamai Technologies | 2.4 |  |  |
| EDP Renovaveis | 2.3 | Equity long | 94.5 |
| AvalonBay Communities | 2.3 | Equity short | -85.1 |
| Atmos Energy | 2.3 |  |  |
| Amazon.Com | 2.2 |  |  |
| Signature Bank/New York NY | 2.2 |  |  |
| Afya | 2.2 |  |  |
| Allstate Corp/The | 2.2 |  |  |
| Total | 23.6 |  |  |

Translation (ENES, 2020-08-31):
# Rentabilidad del fondo
Evolución del valor en %	
Acumulada	Anualizada
Comisión de rendimiento 0,00% al 31.12.2019 financial year
ISIN LU0999661654
AAF	1 mes	3 mes	1 año	3 años	5 años  Desde el
lanzamient
3 años	5 años	Desde el
lanzamient
SEDOL BH7T2H9
Valoren 23344953
Fondo	-3,33	-2,10	-1,71	-4,42	-2,75	-5,06	1,05	-0,93	-1,03	0,16
WKN A1XD4X
Índice de la comparación

## Rentabilidad móvil
4,97	5,80	13,29	17,97	19,41	51,88	55,44	6,09	8,71	6,96
Fuente información GAM, MSCI
Información clave respecto a la clase de acciones:
El GAM Star (Lux) Financials Alpha Fund pasó a denominarse
agosto- agosto(%)
2015/
2016
2016/
2017
2017/
2018
2018/
2019
2019/
2020
GAM Star (Lux) Global Alpha Fund el 11.10.2019.
1 
On 11.10.2019 the index for comparison shown on this
Fondo	-4,46	2,18	1,72	0,02	-4,42
Índice de la comparación	0,07	27,09	7,13	-5,51	17,97

## Desempeño - % crecimiento	Estadísticas del fondo*
Estadística	Fondo Índice de referencia
Alfa (%)	0,00	N/D
Beta	0,04	N/D
Correlación	0,13	N/D
Ratio de Sharpe**	-0,19	0,39
Máxima caída	-6,86	-21,68
Desviación típica anualizada (%)	4,75	15,19
* Computado desde el inicio
** La tasa sin riesgo es el promedio de la tasa de depósito a 1 mes, en USD
factsheet changed from MSCI World Financials in USD to MSCI AC World Index Hedged to USD (Spliced) from launch. Therefore, the performance of the index for comparison shown until 10.10.2019 is the performance of MSCI World Financials in USD and the performance after that is the performance of MSCI AC World Index Hedged to USD. The index for comparison is shown for illustrative purposes only.
2 
No incluye las comisiones por administración y custodia.
Consulte el folleto actual del fondo para obtener más información sobre las comisiones y los gastos.
Rentabilidad en el año natural	
Datos de contacto
GAM Fund Management Limited George's Court
54-62 Townsend Street
Dublín 2, Irlanda
Tel. gratuito: 0800 919 927 (solo desde Reino Unido)
Tel.: +353 (0) 1 6093927
Fax: +353 (0) 1 6117941
El desempeño pasado no es un indicador del desempeño futuro ni de las tendencias actuales o futuras. Las cifras de la rentabilidad se refieren al valor liquidativo y se calculan sin la comisión y los costes incurridos en la emisión, reembolso o canje (p. ej., los costes de custodia y transacción del inversor). El fondo no tiene las garantías de capital que son características de un depósito en un banco o en una sociedad de crédito hipotecario. Las indicaciones se basan en cifras denominadas en USD. Si esta divisa difiere de la moneda del país en el que reside el inversor, es posible que la rentabilidad aumente o disminuya por causa de las fluctuaciones cambiarias. No existe un índice de referencia definido para este fondo en el folleto, por lo que el índice de la comparación se utiliza únicamente a efectos ilustrativos.
| Distribución entre bienes y valores |  |
| --- | --- |
| Top 10 long equity holdings |  | Riesgo |  |
| Descripción | % del fondo |  | % |
| NextEra Energy | 2,8 | Bruto | 179.6 |
| SYNNEX | 2,7 | Neto | 9.4 |
| Akamai Technologies | 2,4 |  |  |
| EDP Renovaveis | 2,3 | Renta variable long | 94.5 |
| AvalonBay Communities | 2,3 | Renta variable short | -85.1 |
| Atmos Energy | 2,3 |  |  |
| Amazon.Com | 2,2 |  |  |
| Signature Bank/New York NY | 2,2 |  |  |
| Afya | 2,2 |  |  |
| Allstate Corp/The | 2,2 |  |  |
| Total | 23,6 |  |  |