Fact sheet: Abacus Abico Cash

Fund information
Fund name
Abacus Abico Cash GBP
Fund manager company
Abacus Financial Services
Fund type
No data available.
Fund manager
  • Martin Heaneysince 03/05/2000
Fund objective
To achieve investment returns equivalent to at least one month London inter bank bid rates in the currency of the Sub Fund by investing in highly liquid cash or near cash investments, denominated in the relevant Sub Fund 's designated currency.
Benchmark
  • LIBID 1-Month
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0%
1 Year rank in sector
33/42
Sector
FO Currency - Sterling
Yield
-
Fund size
£42m
Top in this sector
Fund name1 Year
Hume Caut MA Stg1.9%
Payden & Rygel Sterling Rsrv1.3%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0%0%0%0%
Sector0%0%0.1%0.4%1.2%2.1%
Rank within sector28 / 4632 / 4634 / 4533 / 4231 / 3828 / 31
Quartile3rd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0%0%0%0%0%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector31 / 4232 / 3930 / 3729 / 3725 / 30
Quartile3rd4th4th4th4th
Risk statistics
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.
-
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.
0.17
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.
-2.19
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.
0.03
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
Abacus Financial Services
Fund manager company
Abacus Financial Services
Fund type
No data available.
Fund objective
To achieve investment returns equivalent to at least one month London inter bank bid rates in the currency of the Sub Fund by investing in highly liquid cash or near cash investments, denominated in the relevant Sub Fund 's designated currency.
Benchmark
  • LIBID 1-Month
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Martin Heaney03/05/2000He has been involved in the offshore fund sector with Abacus for 10 years working on a variety of fund structures including vanilla equity funds, property funds, TEP funds, feeder structures and the money market fund. Prior to this he worked with Barclays for 10 years, latterly focusing on offshore corporate business and fund structures in a compliance role.
Compliance
Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Isle of Man, Offshore
Abacus Abico Cash AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyAUD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeB3S0
Abacus Abico Cash EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeB3R9
Abacus Abico Cash GBP
Initial charge-
Annual charge0.23%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeB3R7
Abacus Abico Cash USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeB3R8
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.