Third Point Offshore Third Point June Monthly Report
04 July 2017 - 4:00PM
UK Regulatory
TIDMTPOG TIDMTPOU
Third Point Offshore Investors Limited (the" Company")
(a closed-ended investment company incorporated with limited liability under
the laws of Guernsey with registered number 47181)
Third Point June 2017 Performance
7/04/2017
Monthly Performance
June YTD
Third Point Offshore Fund, Ltd. 0.7% 10.7%
S&P 500 0.6% 9.3%
Historical Performance1
Third Point Offshore Fund Ltd.
S&P 500
Annualized Return 15.8% 7.8%
Exposure and Performance2
Exposure P&L
Long Short Net Long Short Net
Total L/S 88.9% -25.8% 63.1% 1.6% -0.6% 1.0%
Equity
Total Credit 15.3% -5.5% 9.8% -0.3% 0.0% -0.3%
Total Other3 13.1% -1.8% 11.3% 0.2% -0.2% 0.0%
Geographic Exposure - Long/Short Equity Only
Long Exposure
Americas: 86%
EMEA: 27%
Asia: 4%
Short Exposure
Americas: -30%
EMEA: -3%
Asia: 0%
Net Exposure
Americas: 56%
EMEA: 24%
Asia: 4%
Market Capitalization4
<$5B: 4%
$5-10B: 5%
>10B: 91%
Position Concentration
Top 10 Top 20
Long 58% 74%
Short 18% 23%
1 All performance since inception, December 1996 (net of fees).
2 Relates to the Third Point Offshore Master Fund L.P.
3 Rates and FX excluded from the Exposure columns but included in the
P&L columns.
4 Market capitalization reflects only those holdings that are
exchange-listed equity or any synthetic equity with an underlying reference
instrument market capitalization.
Explanatory Note
Third Point Offshore Investors Limited is a feeder fund listed on the London
Stock Exchange that invests substantially all of its assets in Third Point
Offshore Fund, Ltd ("Third Point Offshore"). Third Point Offshore is managed
by Third Point LLC ("Third Point" or "Investment Manager"), an SEC-registered
investment adviser headquartered in New York.
All performance results are based on the NAV of fee paying investors only and
are presented net of management fees, brokerage commissions, administrative
expenses, and accrued performance allocation, if any, and include the
reinvestment of all dividends, interest, and capital gains. While performance
allocations are accrued monthly, they are deducted from investor balances only
annually or upon withdrawal. The performance results represent fund-level
returns, and are not an estimate of any specific investor's actual performance,
which may be materially different from such performance depending on numerous
factors. All performance results are estimates and should not be regarded as
final until audited financial statements are issued.
While the performances of the Fund have been compared here with the performance
of a well-known and widely recognized index, the index has not been selected to
represent an appropriate benchmark for the Fund whose holdings, performance and
volatility may differ significantly from the securities that comprise the
index. Investors cannot invest directly in an index (although one can invest
in an index fund designed to closely track such index).
Past performance is not necessarily indicative of future results. All
information provided herein is for informational purposes only and should not
be deemed as a recommendation to buy or sell securities. All investments
involve risk including the loss of principal. This transmission is
confidential and may not be redistributed without the express written consent
of Third Point LLC and does not constitute an offer to sell or the solicitation
of an offer to purchase any security or investment product. Any such offer or
solicitation may only be made by means of delivery of an approved confidential
offering memorandum.
Information provided herein, or otherwise provided with respect to a potential
investment in the Funds, may constitute non-public information regarding Third
Point Offshore Investors Limited, a feeder fund listed on the London Stock
Exchange, and accordingly dealing or trading in the shares of that fund on the
basis of such information may violate securities laws in the United Kingdom and
elsewhere.
Website: www.thirdpointpublic.com
Enquiries:
Company Secretary - Northern Trust International Fund Administration Services
(Guernsey) Limited
Tel: +44 (0) 1481 745918
Email: FK26@ntrs.com
END
(END) Dow Jones Newswires
July 04, 2017 02:00 ET (06:00 GMT)
Third Point (LSE:TPOG)
Historical Stock Chart
From Apr 2024 to May 2024
Third Point (LSE:TPOG)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Third Poi. ?? (London Stock Exchange): 0 recent articles
More Third Poi. £ News Articles