Fact sheet: 7IM Unconstrained

Fund information
Fund name
7IM Unconstrained C Acc
Fund manager company
7IM Investment Funds
Fund type
OEIC
Fund manager
  • 7IM - Asset Allocationsince 30/01/2012
Fund objective
The investment objective of the 7IM Unconstrained Fund is to seek growth in real terms over the medium to longer term. The Fund will aim to provide a total return that exceeds UK inflation (as measured by Consumer Price Index-All Items) by 2% on average over a rolling three year horizon.
Benchmark
  • IA Targeted Absolute Return Sector
Investment style
Flexible,Growth
Investment method
None
Quick stats
1 Year return
8.1%
1 Year rank in sector
5/72
Sector
UT Targeted Absolute Return
Yield
0.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.36%
Fund size
£51m (£47m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
59
Mid price
143.43
Top in this sector
Fund name1 Year
Majedie Tortoise23.6%
Jupiter Absolute Return10.6%
CF Ruffer Absolute Return8.9%
Newton Mgd Tgtd Rtn8.7%
7IM Unconstrained8.1%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • International33%
    Not Specified27%
    Money Market11.6%
    UK9.5%
    North America8.3%
  • No data available.
  • Alternative Investment Strategies12.7%
    Money Market11.6%
    International Equities9.7%
    UK Equities9.5%
    Global High Yield Fixed Interest9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%1.3%9.1%8.1%21.6%-
Sector-0.6%-0.4%0.8%0%5.5%14.9%
Rank within sector19 / 7412 / 743 / 725 / 724 / 58-
Quartile2nd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8.4%2.4%8.2%15.7%-
Sector-0.1%2.2%2.5%6.5%3.3%
Rank within sector4 / 7229 / 678 / 589 / 53-
Quartile1st2nd1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.48
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
3
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.39
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
7.93
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.81
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.65
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.47
Price movement
52 week high145.45
52 week low118.79
Current bid price-
Current offer price-
Current mid price143.43
Region
1International33%
2Not Specified27%
3Money Market11.6%
4UK9.5%
5North America8.3%
6Japan4.1%
7Europe3.6%
8Global Emerging Markets2.9%
Industry sector
No data available.
Asset type
1Alternative Investment Strategies12.7%
2Money Market11.6%
3International Equities9.7%
4UK Equities9.5%
5Global High Yield Fixed Interest9.4%
6North American Equities8.3%
7Private Equity8.2%
8Convertibles7.3%
9Global Government Fixed Interest6.5%
Individual holdings
1EUROPEAN EQUITY VALUE STRATEGY6.4%
2US EQUITY VALUE STRATEGY5.2%
3LOMBARD ODIER EMERGING MARKETS GOVERNMENT BOND5.1%
4TOPIX INDEX FUTURES4%
5MAJEDIE UK FOCUS A3.6%
6UK EQUITY VALUE STRATEGY3.4%
7NN GLOBAL CONVERTIBLES OPPORTUNITIES2.9%
8ISHARES PHYSICAL GOLD2.8%
9BNP EQUITY VOLATILITY DISPERSION2.6%
Management
Fund manager group
7IM Investment Funds
Fund manager company
7IM Investment Funds
Fund type
OEIC
Fund objective
The investment objective of the 7IM Unconstrained Fund is to seek growth in real terms over the medium to longer term. The Fund will aim to provide a total return that exceeds UK inflation (as measured by Consumer Price Index-All Items) by 2% on average over a rolling three year horizon.
Benchmark
  • IA Targeted Absolute Return Sector
Investment style
Flexible,Growth
Investment method
None
Fund manager
NameSinceBiography
7IM - Asset Allocation30/01/2012
Compliance
IA Recognised, Non UCITS Retail Scheme, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
7IM Unconstrained C Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price143.43
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0HF3
7IM Unconstrained D Acc
Initial charge5%
Annual charge0.25%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.87
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0HF4
7IM Unconstrained S Acc
Initial charge5%
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.12
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK5AZ
Data provided by

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