Fact sheet: Architas MA Passive Reserve

Fund information
Fund name
Architas MA Passive Reserve A Acc
Fund manager company
Architas Multi-Manager Ltd
Fund type
OEIC
Fund managers
  • Steve Allensince 08/03/2011
  • Sheldon MacDonaldsince 01/02/2017
Fund objective
The investment objective of the Fund is to seek to achieve a return for investors over the medium to long term based on a combination of capital growth and income and with a low volatility level through exposure to a diversified range of asset classes. The Fund seeks to meet its objective by gaining exposure to a global portfolio of property, cash and various classes of equities and bonds, the relative allocation to each of which (“asset allocation”) is determined by a model provided by eValue Investment Solutions (“eValue”), a third party company that estimates the riskiness of these classes of asset by modelling their predicted behaviour in a range of hypothetical future scenarios over various time periods. eValue provides asset allocation recommendations to reflect seven discrete levels of investment risk ranging from level 1, which reflects the risk of holding only cash, to level 7, which is the riskiest profile in the range. The Fund is ranked at level 2, based on predicted asset class behaviour over a 15 year period. There is no guarantee, explicit or implied, that the future performance of the Fund will necessarily reflect the estimation of its risk profile under the eValue model. The actual financial instruments held by the Fund will, wherever practicably possible, be of a ‘passive’ nature: that is to say, collective investment schemes or other financial instruments that seek to track the performance of investment indices. The Fund may also invest in transferable securities, money market instruments, warrants, deposits, derivative instruments and, or indirectly through, collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings and hedging. The Fund may use derivatives for investment purposes as well as for Efficient Portfolio Management. Underlying funds are selected on the basis of their efficiency at tracking the performance of certain investment indices which relate to particular types of assets.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
12.8%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
1.1%
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.
0.65%
Fund size
£145m (£114m 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.
47
Mid price
137.4
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl34.1%
Architas MA Passive Dynamic27.9%
Architas MA Passive Growth26.5%
FP Aggressive Portfolio Overlay25.8%
Stan Life Inv MyFl Mkt V25%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

  • UK67.3%
    North America13.9%
    Not Specified10.1%
    International4.8%
    Japan3.9%
  • No data available.
  • UK Gilts43%
    UK Equities16.2%
    North American Equities13.9%
    Property10.1%
    UK Corporate Fixed Interest8.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%2.7%1.8%12.8%30.5%40%
Sector0.6%3.2%4%13.7%22.8%39.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1.6%14.5%2.1%10.8%3%
Sector2.6%11.5%1.7%5.7%9.6%
Rank within sector-----
Quartile
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.
3.13
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.
0.83
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.
0.94
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%.
5.9
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.
3.54
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.
0.53
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.
0.67
Price movement
52 week high138.1
52 week low121
Current bid price-
Current offer price-
Current mid price137.4
Region
1UK67.28%
2North America13.91%
3Not Specified10.07%
4International4.82%
5Japan3.92%
Industry sector
No data available.
Asset type
1UK Gilts42.97%
2UK Equities16.24%
3North American Equities13.91%
4Property10.07%
5UK Corporate Fixed Interest8.07%
6Global Fixed Interest4.82%
7Japanese Equities3.92%
Individual holdings
1BLACKROCK UK GILTS ALL STOCKS TRACKER FUND23.3%
2VANGUARD UK GOVERNMENT BOND INDEX ACC GBP19.57%
3BLACKROCK NORTH AMERICAN EQUITY TRACKER L9.01%
4VANGUARD FTSE UK ALL SHARE INDEX FUND8.75%
5BLACKROCK UK EQUITY TRACKER L ACC7.45%
6LEGAL AND GENERAL UK PROPERTY FUND7.45%
7VANGUARD US EQUITY INDEX A4.87%
8BLACKROCK OVERSEAS GOVERNMENT BOND TRACKER A ACC4.8%
9VANGUARD UK INVESTMENT GRADE BOND INDEX FUND4.63%
Management
Fund manager group
Architas
Fund manager company
Architas Multi-Manager Ltd
Fund type
OEIC
Fund objective
The investment objective of the Fund is to seek to achieve a return for investors over the medium to long term based on a combination of capital growth and income and with a low volatility level through exposure to a diversified range of asset classes. The Fund seeks to meet its objective by gaining exposure to a global portfolio of property, cash and various classes of equities and bonds, the relative allocation to each of which (“asset allocation”) is determined by a model provided by eValue Investment Solutions (“eValue”), a third party company that estimates the riskiness of these classes of asset by modelling their predicted behaviour in a range of hypothetical future scenarios over various time periods. eValue provides asset allocation recommendations to reflect seven discrete levels of investment risk ranging from level 1, which reflects the risk of holding only cash, to level 7, which is the riskiest profile in the range. The Fund is ranked at level 2, based on predicted asset class behaviour over a 15 year period. There is no guarantee, explicit or implied, that the future performance of the Fund will necessarily reflect the estimation of its risk profile under the eValue model. The actual financial instruments held by the Fund will, wherever practicably possible, be of a ‘passive’ nature: that is to say, collective investment schemes or other financial instruments that seek to track the performance of investment indices. The Fund may also invest in transferable securities, money market instruments, warrants, deposits, derivative instruments and, or indirectly through, collective investment schemes. Use may be made of stock-lending, borrowing, cash holdings and hedging. The Fund may use derivatives for investment purposes as well as for Efficient Portfolio Management. Underlying funds are selected on the basis of their efficiency at tracking the performance of certain investment indices which relate to particular types of assets.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Steve Allen08/03/2011Steve manages the risk-profiled Architas Multi-Asset Passive range of funds and is responsible for research of the wider passive fund market and for oversight of the various passive offerings available to AXA’s UK and European clients.  In addition, he researches a variety of other areas including the IMA managed fund sectors and the European flexible fund universe. Steve joined Architas in 2008 from Winterthur Life where he managed the Investment Technical Support Team. His 27 years of investment experience has been gained from a variety of areas including 15 years working for Morgan Stanley, where he was an Executive Director in their Institutional Equities division. Steve holds the Chartered Institute of Securities’s Commodity and Derivatives and Securities & Financial Derivatives Representative exams and also the IMC.
Sheldon MacDonald01/02/2017Sheldon manages the Architas Multi-Asset Blended Fund range. He oversees fund selection and manages the products' asset allocation and investment strategies. He also leads fund manager research across a number of sectors, including multi-asset and money market strategies. Before joining Architas in 2010, Sheldon was a fund of funds manager at Nedgroup Investments, part of Old Mutual Plc. As well as running a variety of long only multi-asset strategies, Sheldon has extensive experience in the hedge fund space and, prior to joining Nedgroup Investments, was Head of Derivative Trading at Old Mutual Asset Managers in South Africa. Sheldon has a BComm in Financial Accounting and Economics and holds the IMC. He has 22 years of investment experience.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Architas MA Passive Reserve A Acc
Initial charge4%
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.4
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSMT
Architas MA Passive Reserve C Acc
Initial charge4%
Annual charge0.85%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.8
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSNA
Architas MA Passive Reserve D Acc
Initial charge4%
Annual charge0.3%
Min single investment£1,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.5
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLCI
Architas MA Passive Reserve R Acc
Initial charge4%
Annual charge1%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price142.7
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMZN6
Architas MA Passive Reserve S Acc
Initial charge5%
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price132
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJMLO
Architas MA Passive Reserve Z Acc
Initial charge2%
Annual charge-
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price139.7
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSNE
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.