Fact sheet: Allied Dunbar North American Growth

Fund information
Fund name
Allied Dunbar North American Growth
Fund manager company
Allied Dunbar International
Fund type
No data available.
Fund manager
  • Cormac Weldonsince 31/05/1984
Fund objective
To invest primarily for capital growth in a portfolio of equities based in North America.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
3.7%
1 Year rank in sector
33/37
Sector
FO Equity - North America
Yield
-
Fund size
£321m
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.
107
Top in this sector
Fund name1 Year
Sanlam FOUR US Div Inc41.2%
M&G Offshore North Am Div35.2%
Lloyds North American27.4%
La Mondiale American Equity26.6%
SEB Nordamerika Små&Medel Blg26.3%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • North America99.5%
    Money Market0.5%
  • Information Technology28%
    Health Care14.5%
    Financials12.3%
    Consumer Discretionary12%
    Energy7.2%
  • North American Equities99.5%
    Money Market0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.7%2.5%4.1%3.7%19.7%74.6%
Sector6.6%4.9%10%13.3%30.6%82.4%
Rank within sector27 / 3931 / 3932 / 3833 / 3725 / 3020 / 25
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund4.6%0.5%10%34.9%11.4%
Sector14.2%-0.8%12.9%29.7%8.8%
Rank within sector33 / 3714 / 3524 / 317 / 2911 / 25
Quartile4th2nd4th1st2nd
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.
-3.16
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.
1.07
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.
0.17
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%.
11.8
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.
3.79
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.
-0.72
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.
0.9
Price movement
52 week high597.5
52 week low501.2
Current bid price604.1
Current offer price638.3
Current mid price-
Region
1North America99.49%
2Money Market0.51%
Industry sector
1Information Technology28.04%
2Health Care14.46%
3Financials12.27%
4Consumer Discretionary12%
5Energy7.24%
6Industrials7.04%
7Consumer Staples6.98%
8Materials3.86%
9Utilities3.1%
Asset type
1North American Equities99.49%
2Money Market0.51%
Individual holdings
1APPLE INC4.25%
2ALPHABET INC4.23%
3MICROSOFT CORP3.88%
4JPMORGAN CHASE & CO2.88%
5AMAZON.COM INC2.68%
6FACEBOOK INC2.59%
7CISCO SYSTEMS INC2.52%
8AT&T INC2.49%
9JOHNSON & JOHNSON2.48%
Management
Fund manager group
Allied Dunbar
Fund manager company
Allied Dunbar International
Fund type
No data available.
Fund objective
To invest primarily for capital growth in a portfolio of equities based in North America.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
No data available.
Fund manager
NameSinceBiography
Cormac Weldon31/05/1984Cormac is head of Artemis' US equity team. He studied accounting and finance at Dublin City University, graduating in 1987. He worked initially for KPMG before moving to Provident Mutual in 1991, where he became a US equity analyst. Between 1993 and 1997 he worked as a fund manager for the British Gas Pension Fund. Cormac joined Threadneedle in 1997, becoming head of the company's North America team and the lead manager of the respected Threadneedle American Select, Threadneedle American Smaller Companies and Threadneedle American funds in 2001, 2005 and 2011 respectively. He joined Artemis in 2014. Cormac has managed the Artemis US Equity and US Select funds since launch in September 2014 and the Artemis US Smaller Companies Fund since launch in October 2014.
Compliance
Distributor Status, Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Offshore
Allied Dunbar North American Growth
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.01%
Bid price604.1
Offer price638.3
Mid price-
CurrencyUSX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAO41
Data provided by

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