Fact sheet: Architas MM Mthly Hi Inc

Fund information
Fund name
Architas MM Monthly High Income A Acc
Fund manager company
Architas Multi-Manager Ltd
Fund type
OEIC
Fund managers
  • Nathan Sweeneysince 01/02/2017
  • Solomon Nevinssince 01/02/2013
Fund objective
The investment objective of the Fund is to generate an attractive level of monthly income relative to prevailing interest rates. The Fund may invest in collective investment schemes, transferable securities, money market instruments, warrants, deposits and derivative instruments to deliver exposure primarily to fixed interest asset classes. Use may be made of stock-lending, borrowing and hedging. Although the debt and debt-related securities that this Fund may directly invest in will primarily be of investment grade quality (that is with a credit rating of at least BBB- as rated by Standard and Poors or Baa3 as rated by Moody’s), this Fund may also invest in non-investment grade securities. The Fund may use derivatives and forward transactions for investment purposes as well as for Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
10.3%
1 Year rank in sector
19/77
Sector
UT Mixed Investment 0%-35% Shares
Yield
3.1%
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.
0.94%
Fund size
£111m (£112m 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.
30
Mid price
124
Top in this sector
Fund name1 Year
Old Mutual Cirilium Cons13.9%
SVS TPI Cautious 313.8%
BlackRock NURS II Consensus 3513.7%
AXA Defensive Dist13.4%
7IM AAP Income12.7%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK53.4%
    International34%
    Not Specified7.5%
    Global Emerging Markets5.1%
  • No data available.
  • UK Corporate Fixed Interest21.6%
    Global Fixed Interest20.9%
    UK Equities19.8%
    Global High Yield Fixed Interest13%
    UK Gilts12.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%2.6%2.7%10.3%16%30.8%
Sector-0.2%1.6%1.4%8.3%15.3%26.7%
Rank within sector7 / 8415 / 8316 / 8119 / 7729 / 5616 / 43
Quartile1st1st1st1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.1%8.8%-0.1%5.8%3.9%
Sector1.8%8.4%0.3%5.2%4.2%
Rank within sector11 / 8237 / 7345 / 5821 / 5535 / 50
Quartile1st3rd4th2nd3rd
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.
0.43
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.
0.95
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.
0.38
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%.
4.24
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.
1.81
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.
0.11
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.
0.82
Price movement
52 week high124.4
52 week low111.9
Current bid price-
Current offer price-
Current mid price124
Region
1UK53.44%
2International33.95%
3Not Specified7.48%
4Global Emerging Markets5.13%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest21.55%
2Global Fixed Interest20.94%
3UK Equities19.78%
4Global High Yield Fixed Interest13.01%
5UK Gilts12.11%
6Property6.64%
7Global Emerging Market Fixed Interest5.13%
8Alternative Assets0.84%
Individual holdings
1AXA FRAMLINGTON MONTHLY INCOME R INC8.6%
2VANGUARD U.K. SHORT-TERM INVESTMENT GRADE BOND7.11%
3BLACKROCK UK GILTS ALL STOCKS TRACKER FUND6.92%
4VANGUARD UK INVESTMENT GRADE BOND INDEX FUND6.2%
5VANGUARD US INVESTMENT GRADE CREDIT INDEX6.06%
6FIDELITY ENHANCED INCOME W5.81%
7THREADNEEDLE UK MONTHLY INCOME FUND5.5%
8AXA GLOBAL HIGH INCOME FUND4.59%
9L&G STERLING CORPORATE BOND INDEX C INC4.3%
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 generate an attractive level of monthly income relative to prevailing interest rates. The Fund may invest in collective investment schemes, transferable securities, money market instruments, warrants, deposits and derivative instruments to deliver exposure primarily to fixed interest asset classes. Use may be made of stock-lending, borrowing and hedging. Although the debt and debt-related securities that this Fund may directly invest in will primarily be of investment grade quality (that is with a credit rating of at least BBB- as rated by Standard and Poors or Baa3 as rated by Moody’s), this Fund may also invest in non-investment grade securities. The Fund may use derivatives and forward transactions for investment purposes as well as for Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Nathan Sweeney01/02/2017Nathan manages the risk-profiled Architas Multi-Asset Active range, the Architas Multi-Manager UK Equity, Architas Multi-Manager Strategic Bond, Architas Multi-Manager Monthly High Income and the Verbatim Portfolio 5 Growth funds. Nathan's analyst responsibilities include research into UK Fixed Income funds. Nathan joined Architas in 2010 from Thornhill, where he worked as a Private Client Fund Manager and was responsible for managing private client portfolios and fund selection. He began his 16-year investment career at AIB Investment managers, where he was responsible for fund selection and launching and managing the AIB Multi-Manager Fund range. Nathan has a BSc in Science, a Diploma in Financial Services and is IMC qualified.
Solomon Nevins01/02/2013Solomon joined Architas in June 2008 and leads the team’s research on alternative assets. In addition to his research responsibilities, he also manages our multi-asset income portfolios and real assets portfolio. Solomon  has a degree in Economics and History from Bristol University, is a CFA Charter holder and IMC qualified.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Architas MM Monthly High Income A Acc
Initial charge4.5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price124
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGSOD
Architas MM Monthly High Income A Gross Acc
Initial charge4.5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.1
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGSOE
Architas MM Monthly High Income A Gross Inc
Initial charge4.5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.6
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGSOG
Architas MM Monthly High Income A Inc
Initial charge4.5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.5
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGSOF
Architas MM Monthly High Income R Acc
Initial charge4.5%
Annual charge1.3%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price176.7
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNB10
Architas MM Monthly High Income R Inc
Initial charge4.5%
Annual charge1.3%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price85.8
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNB11
Architas MM Monthly High Income S Acc
Initial charge5%
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJMQF
Architas MM Monthly High Income S Grs Acc
Initial charge5%
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.5
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJMQG
Architas MM Monthly High Income S Grs Inc
Initial charge5%
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.5
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJMQI
Architas MM Monthly High Income S Inc
Initial charge5%
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.73%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.5
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJMQH
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.