Docstoc

alpha-110211

Document Sample
alpha-110211 Powered By Docstoc
					                                                                                                                                                                                                                                                                    Analisi performance
Portafoglio: ALPHA 80-20                                                     Benchmark: FIDMOBBL                                                         Dt inizio: 10/22/2009                                                  Dt fine: 02/09/2011                                                   Valuta: EUR
Periodo: 1 G                                                                                                                                                                                                                                                                                    Dati stor: Rend tot

                                                                                  Rend tot: 6.940 Benchmark: 4.458                                                                                                                                      Analisi performance
     10.00                                                                                                                                                                                                               Performance: Giornaliero                                 Portafoglio           Benchmark
                                                                                                                                                                                                                         Total Return 1 Mesi                                           -1.55                 0.45
                                                                                                                                                                                                                         Total Return MTD                                               0.75                 0.52
                                                                                                                                                                                                                         Total Return QTD                                              -0.54                 0.95
      8.00                                                                                                                                                                                                               Total Return YTD                                              -0.54                 0.95
                                                                                                                                                                                                                         Total Return 3 Mesi                                           -0.64                 0.40
                                                                                                                                                                                                                         Total Return 6 Mesi                                            0.75                 1.39
                                                                                                                                                                                                                         Total Return 1 Anno                                            5.43                 4.48
      6.00                                                                                                                                                                                                               Total Return 2 Anno                                               --               11.85
                                                                                                                                                                                                                         Total Return 3 Anno                                               --                7.08

                                                                                                                                                                                                                         Risk: Settimanale
      4.00
                                                                                                                                                                                                                         Standard Deviation 1 Anno                                       3.75                   4.16
                                                                                                                                                                                                                         Semivariance 1 Anno                                             4.05                   4.65
                                                                                                                                                                                                                         Beta 1 Anno                                                     0.59                      --
                                                                                                                                                                                                                         Correlation 1 Anno                                              0.66                      --
      2.00
                                                                                                                                                                                                                         R-Squared 1 Anno                                                0.43                      --
                                                                                                                                                                                                                         Information Ratio 1 Anno                                        0.42                      --
                                                                                                                                                                                                                         Sharpe Ratio vs Risk Free 1 Anno                                1.22                   0.78
      0.00                                                                                                                                                                                                               Tracking Error 1 Anno                                           3.29                      --




      -2.00
              10

                     11

                11 200

                12 200

                12 009

                1/ 200

                1/ 10

                2/ 010

                2/ 10

                3/ 010

                3/ 10

                3/ 010

                4/ 010

                4/ 010

                5/ 010

                5/ 010

                6/ 010

                6/ 10

                7/ 010

                7/ 10

                8/ 010

                8/ 10

                9/ 010

                9/ 10

                9/ 010

                10 010

                10 201

                11 201

                11 201

                12 201

                12 010

                1/ 201

                1/ 11

                2/ 011
                  6/

                  20

                  3/

                  17

                  3/

                  17

                  31

                  14

                  28

                  12

                  26

                  9/

                  23

                  7/

                  21

                  4/

                  18

                  1/

                  15

                  29




                  5/

                  19

                  2/
                 /

                   /1 09

                   /2

                   /9

                   /2




                   /1

                   /2

                   /1

                   /2

                   /8

                   /2
                    28




                     20 9



                     20



                     20




                     20



                     20



                     20



                     20




                     20 0



                     20
                      1/

                      5/

                      /2

                      3/



                      /2



                      /2



                      /2

                      /2

                      /2

                      /2

                      /2

                      /2



                      /2



                      /2



                      /2



                      /2

                      /2

                      3/

                      7/

                      0/

                      4/

                      /2

                      2/



                      /2
                        /2




                         11
                          0


                            9

                            9




                            0

                            0

                            0

                            0
                                                                                       FIDMOBBL                   ALPHA 80-20




                                                        Performance vs Benchmark                                                                                                                                     Distribuzione rendimento
      6.00                                                                                                                                                                    50


                                                                                                                                                                              40
      4.00

                                                                                                                                                                              30


                                                                                                                                                                 Periodictà
      2.00
                                                                                                                                                                              20

      0.00
                                                                                                                                                                              10


     -2.00                                                                                                                                                                     0
               11

                      11

                            12 200

                            1/ 200

                            1/ 10

                            2/ 010

                            3/ 010

                            3/ 10

                            4/ 010

                            5/ 010

                            5/ 10

                            6/ 010

                            7/ 010

                            7/ 10

                            8/ 010

                            9/ 010

                            9/ 10

                            10 010

                            11 201

                            11 010

                            12 201

                            1/ 201

                            1/ 11




                                                                                                                                                                                   -0
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   -0 5
                                                                                                                                                                                   0. 5
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                                                                                                                                                                                   0.
                              8/

                              28

                              17

                              9/

                              29

                              18

                              8/

                              28

                              17

                              7/

                              27

                              16

                              5/

                              25




                              3/

                              23




                                                                                                                                                                                      02
                                                                                                                                                                                      07
                                                                                                                                                                                      12
                                                                                                                                                                                      17
                                                                                                                                                                                      22
                                                                                                                                                                                      27
                                                                                                                                                                                      32
                                                                                                                                                                                      37
                                                                                                                                                                                      42
                                                                                                                                                                                      47
                                                                                                                                                                                      52
                                                                                                                                                                                      57
                                                                                                                                                                                      62
                                                                                                                                                                                      67
                                                                                                                                                                                      .6
                                                                                                                                                                                      .6
                                                                                                                                                                                      .5
                                                                                                                                                                                      .5
                                                                                                                                                                                      .4
                                                                                                                                                                                      .4
                                                                                                                                                                                      .3
                                                                                                                                                                                      .3
                                                                                                                                                                                      .2
                                                                                                                                                                                      .2
                                                                                                                                                                                      .1
                                                                                                                                                                                      .1
                                                                                                                                                                                      .0
                                                                                                                                                                                      .0
                  /

                        /2

                               /1




                               /1

                               /4

                               /2

                               /1
                 9/




                                 20 9




                                 20




                                 20




                                 20




                                 20




                                 20




                                                                                                                                                                                         7
                                                                                                                                                                                         2
                                                                                                                                                                                         7
                                                                                                                                                                                         2
                                                                                                                                                                                         7
                                                                                                                                                                                         2
                                                                                                                                                                                         7
                                                                                                                                                                                         2
                                                                                                                                                                                         7
                                                                                                                                                                                         2
                                                                                                                                                                                         7
                                                                                                                                                                                         2
                                                                                                                                                                                         7
                                                                                                                                                                                         2
                            9/

                                  9/



                                  /2

                                  /2



                                  /2

                                  /2



                                  /2

                                  /2



                                  /2

                                  /2



                                  /2

                                  5/

                                  /2

                                  4/

                                  4/



                                  /2




                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                                                                                                                                                                                         5
                     20




                                     01
                       90




                                        1
                                          9




                                         0



                                          0

                                         0




                                                                                                                                                                                                                                    Periodo assoluto



The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service, BLOOMBERG Data and BLOOMBERG ALPHA Enterprise Reporting (the “Services”) are owned and distributed locally by
Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for
the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial
instruments by BFLP, BLP or their affiliates.


Bloomberg ® Performance               02/11/2011 09:00:09                                                                                                                                                                                                                                                         1
                                                                                                                                                                                                                                                                    Analisi performance
Portafoglio: ALPHA 80-20                                                     Benchmark: FIDMOBBL                                                         Dt inizio: 10/22/2009                                                  Dt fine: 02/09/2011                                                   Valuta: EUR
Periodo: 1 G                                                                                                                                                                                                                                                                                  Dati stor: Rend tot

                                   Analisi periodo assoluto                                                Analisi periodo                                                                               1 G Return
       0.80                                                                                                                                            Positiva        Negativa               Tot                                Performance periodica                         Performance cumulativa
                                                                                                            Numero                                        194              145               339                           Portafoglio Benchmark                    +/-   Portafoglio Benchmark                   +/-
                                                                                                            %                                           57.23            42.77             100.00        02/09/2011             -0.32       -0.18                -0.14          6.94       4.46                 2.48
       0.60                                                                                                 Media                                        0.16            -0.17               0.02        02/08/2011             -0.36       -0.06                -0.30          7.28       4.65                 2.64
                                                                                                            Dev standard                                 0.13             0.15               0.21        02/07/2011              0.36        0.23                 0.13          7.67       4.71                 2.96
       0.40                                                                                                 Sequenza mass                                     8               5                 8        02/04/2011              0.19        0.10                 0.09          7.29       4.48                 2.81
                                                                                                            Sequenza media                               2.31             1.71               2.01        02/03/2011              0.32        0.06                 0.26          7.09       4.37                 2.71
       0.20
                                                                                                                                                                                                         02/02/2011              0.30        0.07                 0.23          6.74       4.31                 2.44
                                                                                                                                                                                                         02/01/2011              0.26        0.30                -0.04          6.42       4.23                 2.19
                                                                                                                                                                                                         01/31/2011             -0.41       -0.05                -0.36          6.15       3.92                 2.23
       0.00                                                                                                                                                                                              01/28/2011              0.01       -0.07                 0.09          6.58       3.97                 2.61
                                                                                                                                                                                                         01/27/2011             -0.16        0.05                -0.22          6.57       4.04                 2.52
      -0.20                                                                                                                                                                                              01/26/2011             -0.10        0.06                -0.17          6.74       3.99                 2.75
                                                                                                           Migliori-Peggiori                                                                             01/25/2011             -0.12       -0.14                 0.02          6.85       3.92                 2.93
                                                                                                                                                              Performance                   Data         01/24/2011              0.14        0.03                 0.11          6.98       4.07                 2.91
      -0.40                                                                                                 Migliore 1                                                0.62            05/10/2010         01/21/2011             -0.13        0.10                -0.23          6.83       4.04                 2.79
                                                                                                            Migliore 2                                                0.60            06/03/2010         01/20/2011             -0.54       -0.17                -0.37          6.97       3.94                 3.03
      -0.60
                                                                                                            Migliore 3                                                0.56            07/21/2010         01/19/2011             -0.22       -0.26                 0.05          7.55       4.12                 3.44
                                                                                                            Peggiore 1                                               -0.68            05/07/2010         01/18/2011              0.01        0.11                -0.09          7.79       4.39                 3.40
                                                                                                            Peggiore 2                                               -0.64            01/22/2010         01/17/2011              0.17        0.04                 0.14          7.77       4.28                 3.49
      -0.80                                                                                                 Peggiore 3                                               -0.63            01/13/2011         01/14/2011              0.01        0.02                -0.01          7.59       4.24                 3.35
                                                                                                                                                                                                         01/13/2011             -0.63       -0.09                -0.54          7.58       4.22                 3.35
              10

              11 /20

              12 /20

              1/ /20

              2/ 01

              3/ 01

              4/ 01

              5/ 01

              6/ 01

              7/ 01

              8/ 01

              9/ 01

              10 01

              11 /20

              12 20

              1/ /20

              2/ 11
                25 09

                23 0

                24 0

                22 0

                21 0

                19 0

                18 0

                16 0

                14 0




                8/

                6/
                 /3

                 /2 09

                 /2 09




                 /1 0

                 /1 10

                 /1 10

                   20 0

                   20
                   0

                    8

                    7

                    /2

                    /2

                    /2

                   /2

                    /2

                    /2

                    /2

                    /2

                    /2

                    3

                    1/

                    0




                       11                                                                                                                                                                                01/12/2011             -0.13        0.30                -0.43          8.26       4.32                 3.94
                          1




                                                                                                                                                                                                         01/11/2011              0.13        0.29                -0.16          8.40       4.01                 4.40
                                                                                                                                                                                                         01/10/2011             -0.34       -0.27                -0.06          8.26       3.70                 4.56
                                                                                                                                                                                                         01/07/2011              0.00        0.07                -0.07          8.63       3.99                 4.64
                                                                                                                                                                                                         01/06/2011              0.47        0.00                 0.47          8.63       3.91                 4.72
                                                                                                                                                                                                         01/05/2011             -0.02       -0.01                -0.01          8.11       3.91                 4.20
                                                                                                                                                                                                         01/04/2011              0.36        0.13                 0.24          8.14       3.92                 4.22
                                    Analisi periodo relativo                                               Analisi periodo                                                                               01/03/2011              0.21        0.30                -0.10          7.74       3.79                 3.96
       1.00                                                                                                                                   Positiva      Negativa      Coerente Incoerente            12/31/2010             -0.23        0.00                -0.23          7.52       3.48                 4.05
                                                                                                            Numero                               168            171           238        101             12/30/2010             -0.09       -0.27                 0.19          7.77       3.48                 4.30
                                                                                                            %                                  49.56          50.44         70.21      29.79             12/29/2010             -0.17        0.06                -0.23          7.87       3.76                 4.11
                                                                                                            Differenza media                    0.19          -0.17           0.00       0.01            12/28/2010              0.11        0.10                 0.01          8.05       3.69                 4.35
       0.50                                                                                                 Differenza dev std                  0.17           0.15           0.20       0.32            12/27/2010             -0.09       -0.34                 0.25          7.93       3.59                 4.33
                                                                                                            Sequenza mass                            5             6            23          7            12/24/2010              0.00        0.00                 0.00          8.02       3.95                 4.08
                                                                                                            Sequenza media                      1.63           1.66           3.61       1.55            12/23/2010              0.00        0.03                -0.03          8.02       3.95                 4.08
       0.00                                                                                                                                                                                              12/22/2010              0.06        0.10                -0.04          8.02       3.92                 4.10
                                                                                                                                                                                                         12/21/2010              0.13        0.24                -0.11          7.96       3.82                 4.14
                                                                                                                                                                                                         12/20/2010              0.17        0.27                -0.11          7.82       3.57                 4.25
                                                                                                                                                                                                         12/17/2010              0.28       -0.05                 0.32          7.64       3.29                 4.35
      -0.50                                                                                                                                                                                              12/16/2010             -0.23        0.11                -0.34          7.34       3.34                 4.00
                                                                                                                                                                                                         12/15/2010              0.31       -0.20                 0.51          7.59       3.22                 4.37
                                                                                                                                                                                                         12/14/2010              0.10       -0.03                 0.12          7.26       3.43                 3.83
                                                                                                           Migliori-Peggiori                                                                             12/13/2010             -0.40        0.02                -0.42          7.16       3.46                 3.70
      -1.00                                                                                                                                Differenza Perf fondo Perf indice       Data                  12/10/2010              0.06       -0.05                 0.11          7.59       3.44                 4.15
                                                                                                            Migliore 1                           0.78       0.07       -0.72 05/14/2010                  12/09/2010             -0.04        0.26                -0.29          7.53       3.50                 4.03
                                                                                                            Migliore 2                           0.76       0.44       -0.32 08/11/2010                  12/08/2010             -0.16        0.00                -0.16          7.56       3.23                 4.33
      -1.50                                                                                                 Migliore 3                           0.73       0.07       -0.66 05/04/2010                  12/07/2010              0.29        0.16                 0.13          7.74       3.23                 4.50
                                                                                                            Peggiore 1                          -1.13       0.62        1.75 05/10/2010                  12/06/2010              0.11        0.00                 0.11          7.43       3.07                 4.35
              10

              11 /20

              12 /20

              1/ /20

              2/ 01

              3/ 01

              4/ 01

              5/ 01

              6/ 01

              7/ 01

              8/ 01

              9/ 01

              10 01

              11 /20

              12 20

              1/ /20

              2/ 11
                25 09

                23 0

                24 0

                22 0

                21 0

                19 0

                18 0

                16 0

                14 0




                8/

                6/




                                                                                                            Peggiore 2                          -0.87      -0.27        0.60 05/27/2010
                 /3

                 /2 09

                 /2 09




                 /1 0

                 /1 10

                 /1 10




                                                                                                                                                                                                         12/03/2010             -0.01       -0.01                 0.00          7.31       3.07                 4.24
                   20 0

                   20
                    0

                    8

                    7

                    /2

                    /2

                    /2

                   /2

                    /2

                    /2

                    /2

                    /2

                    /2

                    3

                    1/

                    0




                       11




                                                                                                            Peggiore 3                          -0.54      -0.63       -0.09 01/13/2011                  12/02/2010              0.20        0.54                -0.35          7.32       3.08                 4.24
                          1




                                                                                                                                                                                                         12/01/2010              0.10        0.62                -0.52          7.11       2.53                 4.59
                                                                                                                                                                                                                                                                       History limited to maximum 51 dates.

The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service, BLOOMBERG Data and BLOOMBERG ALPHA Enterprise Reporting (the “Services”) are owned and distributed locally by
Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for
the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial
instruments by BFLP, BLP or their affiliates.


Bloomberg ® Periodo             02/11/2011 09:00:09                                                                                                                                                                                                                                                               2
                                                                                                                                                                                                                                                                    Analisi performance
Portafoglio: ALPHA 80-20                                                     Benchmark: FIDMOBBL                                                         Dt inizio: 10/22/2009                                                  Dt fine: 02/09/2011                                                   Valuta: EUR
Periodo: 1 G                                                                                                                                                                                                                                                                                  Dati stor: Rend tot

                                                       Tracking                                                                                                                             Mean Return Sett: 52 Sett Annualized
                       1                                                                                                         14.00


                                                                                                                                 12.00


                                                                                                                                 10.00
                     0.6

                                                                                                                                   8.00


                                                                                                                                   6.00
                     0.2
       ALPHA 80-20




                                                                                                                                   4.00


                                                                                                                                   2.00

                     -0.2
                                                                                                                                   0.00




                                                                                                                                           11

                                                                                                                                             11

                                                                                                                                             12

                                                                                                                                             12

                                                                                                                                             1/

                                                                                                                                             1/

                                                                                                                                             2/

                                                                                                                                             3/

                                                                                                                                             3/

                                                                                                                                             4/

                                                                                                                                             4/

                                                                                                                                             5/

                                                                                                                                             5/

                                                                                                                                             6/

                                                                                                                                             6/

                                                                                                                                             7/

                                                                                                                                             8/

                                                                                                                                             8/

                                                                                                                                             9/

                                                                                                                                             9/

                                                                                                                                             10

                                                                                                                                             10

                                                                                                                                             11

                                                                                                                                             11

                                                                                                                                             12

                                                                                                                                             1/

                                                                                                                                             1/

                                                                                                                                             2/
                                                                                                                                                10 09

                                                                                                                                                27 0

                                                                                                                                                13 0

                                                                                                                                                2/

                                                                                                                                                19

                                                                                                                                                5/

                                                                                                                                                22

                                                                                                                                                9/

                                                                                                                                                26

                                                                                                                                                12 0

                                                                                                                                                29 0

                                                                                                                                                16 0

                                                                                                                                                2/

                                                                                                                                                19

                                                                                                                                                5/

                                                                                                                                                22




                                                                                                                                                2/

                                                                                                                                                19

                                                                                                                                               5/
                                                                                                                                                /3

                                                                                                                                                 /2

                                                                                                                                                 /7

                                                                                                                                                 /2




                                                                                                                                                 /9

                                                                                                                                                 /2

                                                                                                                                                 /1

                                                                                                                                                 /2

                                                                                                                                                 /1
                                                                                                                                                   20




                                                                                                                                                   20




                                                                                                                                                  20




                                                                                                                                                   20




                                                                                                                                                   20




                                                                                                                                                   20




                                                                                                                                                  20
                                                                                                                                                   /2

                                                                                                                                                    0/

                                                                                                                                                    /2

                                                                                                                                                    4/

                                                                                                                                                    /2

                                                                                                                                                    /2

                                                                                                                                                    /2




                                                                                                                                                    /2




                                                                                                                                                    /2




                                                                                                                                                   /2

                                                                                                                                                   /2

                                                                                                                                                    /2

                                                                                                                                                    /2




                                                                                                                                                    /2




                                                                                                                                                    /2

                                                                                                                                                    /2

                                                                                                                                                    6/

                                                                                                                                                    2/

                                                                                                                                                    9/

                                                                                                                                                    6/




                                                                                                                                                   /2
                                                                                                                                                      00

                                                                                                                                                       20

                                                                                                                                                       00

                                                                                                                                                       20

                                                                                                                                                       01

                                                                                                                                                       01

                                                                                                                                                       01

                                                                                                                                                       10

                                                                                                                                                       01

                                                                                                                                                       10

                                                                                                                                                       01

                                                                                                                                                      10

                                                                                                                                                      01

                                                                                                                                                      01

                                                                                                                                                       01

                                                                                                                                                       01

                                                                                                                                                       10

                                                                                                                                                       01

                                                                                                                                                       10

                                                                                                                                                       01

                                                                                                                                                       01

                                                                                                                                                       20

                                                                                                                                                       20

                                                                                                                                                       20

                                                                                                                                                      20

                                                                                                                                                      11

                                                                                                                                                      01

                                                                                                                                                      11
                                                                                                                                                         9

                                                                                                                                                          09

                                                                                                                                                          9




                                                                                                                                                          0




                                                                                                                                                          0




                                                                                                                                                          0




                                                                                                                                                          0




                                                                                                                                                          0




                                                                                                                                                          0

                                                                                                                                                          0

                                                                                                                                                          10

                                                                                                                                                          10

                                                                                                                                                          10

                                                                                                                                                         10




                                                                                                                                                         1
                     -0.6
                                                                                                                                                                                                   ALPHA 80-20                    FIDMOBBL




                                                                                                                                                                                       Standard Deviation Sett: 52 Sett Annualized
                      -1                                                                                                           6.00
                            -1        -0.4               0.2                0.8               1.4                 2


                                                               FIDMOBBL



Se la maggioranza dei ritorni supera la linea breakeven, il fondo ha battuto il benchmark.                                         4.00



1ma osservzne 10/23/2009                          O 168 Periodi in rialzo              --- Retta di regressione
                                                  O 171 Periodi in ribasso             --- Retta di breakeven

Indicatori tracking                                                                                                                2.00
                                                                    Total                     Bull                     Bear
Alpha                                                               0.01                     0.03                      0.00
Beta                                                                0.40                     0.33                      0.35
Correlation                                                         0.46                     0.32                      0.28
Mean Excess Return                                                  2.53                   -22.83                     58.31
Information Ratio                                                   0.55                    -5.75                     12.67        0.00
Jensen Alpha                                                        4.93                    10.15                     -7.18
                                                                                                                                           11

                                                                                                                                                  11

                                                                                                                                              12

                                                                                                                                              12

                                                                                                                                              1/

                                                                                                                                              1/

                                                                                                                                              2/

                                                                                                                                              3/

                                                                                                                                              3/

                                                                                                                                              4/

                                                                                                                                              4/

                                                                                                                                              5/

                                                                                                                                              5/

                                                                                                                                              6/

                                                                                                                                              6/

                                                                                                                                              7/

                                                                                                                                              8/

                                                                                                                                              8/

                                                                                                                                              9/

                                                                                                                                              9/

                                                                                                                                              10

                                                                                                                                              10

                                                                                                                                              11

                                                                                                                                              11

                                                                                                                                              12

                                                                                                                                              1/

                                                                                                                                              1/

                                                                                                                                              2/
                                                                                                                                                 10 09

                                                                                                                                                 27 0

                                                                                                                                                 13 0

                                                                                                                                                 2/

                                                                                                                                                 19

                                                                                                                                                 5/

                                                                                                                                                 22

                                                                                                                                                 9/

                                                                                                                                                 26

                                                                                                                                                 12 0

                                                                                                                                                 29 0

                                                                                                                                                 16 0

                                                                                                                                                 2/

                                                                                                                                                 19

                                                                                                                                                 5/

                                                                                                                                                 22




                                                                                                                                                 2/

                                                                                                                                                 19

                                                                                                                                                 5/
                                                                                                                                             /3

                                                                                                                                                  /2

                                                                                                                                                  /7

                                                                                                                                                  /2




                                                                                                                                                  /9

                                                                                                                                                  /2

                                                                                                                                                  /1

                                                                                                                                                  /2

                                                                                                                                                  /1
R-Squared                                                           0.21                     0.10                      0.08                         20




                                                                                                                                                    20




                                                                                                                                                    20




                                                                                                                                                    20




                                                                                                                                                    20




                                                                                                                                                    20




                                                                                                                                                    20
                                                                                                                                                    /2

                                                                                                                                                     0/

                                                                                                                                                     /2

                                                                                                                                                     4/

                                                                                                                                                     /2

                                                                                                                                                     /2

                                                                                                                                                     /2




                                                                                                                                                     /2




                                                                                                                                                     /2




                                                                                                                                                     /2

                                                                                                                                                     /2

                                                                                                                                                     /2

                                                                                                                                                     /2




                                                                                                                                                     /2




                                                                                                                                                     /2

                                                                                                                                                     /2

                                                                                                                                                     6/

                                                                                                                                                     2/

                                                                                                                                                     9/

                                                                                                                                                     6/




                                                                                                                                                     /2
                                                                                                                                                       00

                                                                                                                                                        20

                                                                                                                                                        00

                                                                                                                                                        20

                                                                                                                                                        01

                                                                                                                                                        01

                                                                                                                                                        01

                                                                                                                                                        10

                                                                                                                                                        01

                                                                                                                                                        10

                                                                                                                                                        01

                                                                                                                                                        10

                                                                                                                                                        01

                                                                                                                                                       01

                                                                                                                                                        01

                                                                                                                                                        01

                                                                                                                                                        10

                                                                                                                                                        01

                                                                                                                                                        10

                                                                                                                                                        01

                                                                                                                                                        01

                                                                                                                                                        20

                                                                                                                                                        20

                                                                                                                                                        20

                                                                                                                                                        20

                                                                                                                                                        11

                                                                                                                                                        01

                                                                                                                                                       11
Sortino Ratio Vs Index                                              0.59                    -7.16                     12.29
                                                                                                                                                          9

                                                                                                                                                           09

                                                                                                                                                           9




                                                                                                                                                           0




                                                                                                                                                           0




                                                                                                                                                           0




                                                                                                                                                           0




                                                                                                                                                           0




                                                                                                                                                           0

                                                                                                                                                           0

                                                                                                                                                           10

                                                                                                                                                           10

                                                                                                                                                           10

                                                                                                                                                           10




                                                                                                                                                          1
Tracking Error                                                      4.61                     3.97                      4.60
                                                                                                                                                                                                   ALPHA 80-20                    FIDMOBBL




The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service, BLOOMBERG Data and BLOOMBERG ALPHA Enterprise Reporting (the “Services”) are owned and distributed locally by
Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for
the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial
instruments by BFLP, BLP or their affiliates.


Bloomberg ® Tracking - Statistiche scorrevoli                  02/11/2011 09:00:09                                                                                                                                                                                                                                3
                                                                                                                                                                                                                                                                    Analisi performance
Portafoglio: ALPHA 80-20                                                     Benchmark: FIDMOBBL                                                         Dt inizio: 10/22/2009                                                  Dt fine: 02/09/2011                                                   Valuta: EUR
Periodo: 1 G                                                                                                                                                                                                                                                                                    Dati stor: Rend tot

Seasonality
Anno                                      Gen                      Feb                    Mar                     Apr                    Mag                      Giu                     Lug                     Ago                     Set                      Ott                   Nov                     Dic
2009                                         --                      --                     --                      --                      --                      --                      --                      --                      --                      --                  1.21                    1.31
2010                                     -0.12                    1.04                   2.24                    0.05                    0.22                    0.09                    0.09                    1.38                   -0.37                    0.03                   0.29                    0.48
2011                                     -1.28                       --                     --                      --                      --                      --                      --                      --                      --                      --                     --                      --
Average                                  -0.70                    1.04                   2.24                    0.05                    0.22                    0.09                    0.09                    1.38                   -0.37                    0.03                   0.75                    0.90




    3.00




    2.00




    1.00




    0.00




    -1.00




    -2.00
                                Gen                   Feb                   Mar                   Apr                    Mag                  Giu                   Lug                  Ago                    Set                   Ott                  Nov                   Dic




                                                                                                                                       2011              2010              2009




The format and content of this report may not be modified or altered (including, but not limited to, via deletion or addition) in any way.The BLOOMBERG PROFESSIONAL service, BLOOMBERG Data and BLOOMBERG ALPHA Enterprise Reporting (the “Services”) are owned and distributed locally by
Bloomberg Finance L.P. (“BFLP”) and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the “BLP Countries”). BFLP is a wholly-owned subsidiary of Bloomberg L.P. (“BLP”). BLP provides BFLP with all global marketing and operational support and service for
the Services and distributes the Services either directly or through a non-BFLP subsidiary in the BLP Countries. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial
instruments by BFLP, BLP or their affiliates.


Bloomberg ® Seasonality               02/11/2011 09:00:09                                                                                                                                                                                                                                                         4

				
DOCUMENT INFO
Tags:
Stats:
views:35
posted:2/11/2011
language:English
pages:4