Fact sheet: Aberdeen Financial Equity

Fund information
Fund name
Aberdeen Financial Equity I Inc
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund manager
  • Global Equity Teamsince 18/06/2015
Fund objective
The Fund aims to provide capital growth, whilst not excluding the occurrence of income, by investing predominantly in Equity and Equity-Related securities issued by financial institutions, such as banking, insurance, financial services and property companies, domiciled globally. The Fund may also invest in other transferable securities, money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
  • FTSE World Financials
Investment style
None
Investment method
Shares
Quick stats
1 Year return
24.9%
1 Year rank in sector
30/123
Sector
UT Specialist
Yield
1.3%
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.
0.9%
Fund size
£48m (£45m 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.
106
Mid price
125.59
Top in this sector
Fund name1 Year
MFM Junior Gold123.8%
WAY Charteris Gd Prcsml109%
CF Ruffer Gold81.7%
Smith & Williamson GblGld&Res79.1%
Investec Global Gold74%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • USA27.9%
    UK15.6%
    Japan10.9%
    Hong Kong7.2%
    Brazil6.9%
  • Financials65%
    Real Estate22.8%
    Information Technology5.7%
    Industrials3%
    Others1.8%
  • US Equities27.8%
    UK Equities13.9%
    Japanese Equities10.8%
    Hong Kong Equities7.2%
    Brazilian Equities6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%3.3%18.6%24.9%--
Sector-3.5%-0.5%10%16%14.1%25.5%
Rank within sector47 / 12418 / 12526 / 12530 / 123--
Quartile2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund25.9%-2.6%4.2%--
Sector18%-4.5%1.2%4.5%7.5%
Rank within sector34 / 12478 / 11957 / 115--
Quartile2nd3rd2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high130.5
52 week low88.56
Current bid price-
Current offer price-
Current mid price125.59
Region
1USA27.88%
2UK15.55%
3Japan10.9%
4Hong Kong7.15%
5Brazil6.9%
6Singapore6.14%
7Canada5.37%
8Thailand3.88%
9Philippines3.71%
Industry sector
1Financials65.03%
2Real Estate22.77%
3Information Technology5.71%
4Industrials3.04%
5Others1.83%
6Health Care1.63%
Asset type
1US Equities27.83%
2UK Equities13.93%
3Japanese Equities10.81%
4Hong Kong Equities7.15%
5Brazilian Equities6.9%
6Singapore Equities6.14%
7Canadian Equities5.35%
8Thai Equities3.85%
9Philippine Equities3.71%
Individual holdings
1VISA INC4.6%
2AIA GROUP LTD3.8%
3PRUDENTIAL PLC3.8%
4HOUSING DEVELOPMENT FINANCE CORP3.5%
5HOUSING DEVELOPMENT FINANCE CORP3.5%
6M & T BANK CORP3.3%
7DAITO TRUST CONSTRUCTION CO NPV3.1%
8EXPERIAN PLC3.1%
9WELLS FARGO & CO3.1%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Limited
Fund type
OEIC
Fund objective
The Fund aims to provide capital growth, whilst not excluding the occurrence of income, by investing predominantly in Equity and Equity-Related securities issued by financial institutions, such as banking, insurance, financial services and property companies, domiciled globally. The Fund may also invest in other transferable securities, money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
  • FTSE World Financials
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Global Equity Team18/06/2015
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aberdeen Financial Equity A Inc
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2985.3
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMDXP
Aberdeen Financial Equity I Inc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.59
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMDXQ
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.