Fact sheet: Ardevora UK Income

Fund information
Fund name
Ardevora UK Income A
Fund manager company
Ardevora
Fund type
OEIC
Fund managers
  • William Pattissonsince 11/01/2011
  • Jeremy Langsince 11/01/2011
Fund objective
The Ardevora UK Income Fund's investment objective is to achieve long-term capital appreciation and income.
Benchmark
  • MSCI UK IMI index
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
16.1%
1 Year rank in sector
24/58
Sector
FO Equity - UK
Yield
-
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.
1.36%
Fund size
£243m (£215m 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.
89
Top in this sector
Fund name1 Year
Boost FTSE 100 3x LD ETP52.5%
Boost FTSE 100 2x LD ETP36.3%
Liontrust GF UK Growth25.3%
Ardevora UK Equity22.5%
Liontrust GF Spl Sits22.5%
...more in FO Equity - UK

Performance snapshot

Holdings snapshot

  • UK99%
    Money Market1%
  • Consumer Staples27%
    Industrials25%
    Consumer Discretionary10%
    Utilities9%
    Health Care8%
  • UK Equities99%
    Money Market1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%11.6%13.6%16.1%38.6%117.6%
Sector0.7%11%9.4%11.2%18.3%65.1%
Rank within sector13 / 6321 / 6314 / 6124 / 584 / 474 / 41
Quartile1st2nd1st2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7%16.3%0.9%32.9%23.4%
Sector6.2%4.9%1%23.7%12.3%
Rank within sector38 / 604 / 5622 / 4910 / 434 / 42
Quartile3rd1st2nd1st1st
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.
4.76
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.
1.03
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.
0.7
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%.
10.75
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.
5.25
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.
0.9
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.
0.76
Price movement
52 week high1.58
52 week low1.34
Current bid price-
Current offer price-
Current mid price1.58
Region
1UK99%
2Money Market1%
Industry sector
1Consumer Staples27%
2Industrials25%
3Consumer Discretionary10%
4Utilities9%
5Health Care8%
6Information Technology7%
7Materials4%
8Telecommunications Utilities4%
9Energy3%
Asset type
1UK Equities99%
2Money Market1%
Individual holdings
1SEVERN TRENT PLC5.8%
2NATIONAL GRID5.23%
3GREENE KING4.8%
4BRITISH AMERICAN TOBACCO4.73%
5BAE SYSTEMS4.72%
6SKY PLC4.7%
7GLAXOSMITHKLINE4.65%
8DAIRY CREST GROUP4.64%
9IMPERIAL BRANDS PLC4.64%
Management
Fund manager group
Ardevora
Fund manager company
Ardevora
Fund type
OEIC
Fund objective
The Ardevora UK Income Fund's investment objective is to achieve long-term capital appreciation and income.
Benchmark
  • MSCI UK IMI index
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
William Pattisson11/01/2011William has worked with Jeremy Lang for much of his investment management career. He joined James Capel Fund Managers in 1986 where he and Jeremy managed North American and UK Equities. In 1994, William moved to Fleming Investment Management where he became Head of the UK Equity Specialist team before being appointed to be the Head of UK Equities. In 1999, he renewed his partnership with Jeremy at Liontrust Asset Management where they were responsible for all investment management operations and the management of UK equity portfolios. William left Liontrust in April 2009 and founded Ardevora in January 2010. William has an Honours Degree in Chemistry from Oxford University.
Jeremy Lang11/01/2011Jeremy has worked with William Pattisson for much of his investment management career. He joined James Capel Fund Managers in 1986 where he and William managed North American and UK Equities. Jeremy left James Capel in 1991 to take up full-time sailing. He joined Liontrust Asset Management in 1995 and, in 1999, renewed his partnership with William at Liontrust where they were responsible for all investment management operations and the management of UK equity portfolios. Jeremy left Liontrust in April 2009 and founded Ardevora in January 2010. Jeremy has a First Class degree in Economics and Econometrics from University of York and is a Master in Economics of Finance and Investment from University of Exeter.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Ardevora UK Income A
Initial charge3%
Annual charge1.25%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.36%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price1.5784
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code01BZ
Ardevora UK Income B
Initial charge-
Annual charge0.5%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price1.4537
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code01C0
Ardevora UK Income C
Initial charge-
Annual charge0.75%
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price1.5835
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code01C1
Ardevora UK Income D GBP
Initial charge-
Annual charge0.75%
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price1.269
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQTX
Data provided by

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