Fact sheet: Ashburton Stg Mny Mkt

Fund information
Fund name
Ashburton Sterling Money Market R NAV GBP
Fund manager company
Ashburton Investments
Fund type
No data available.
Fund manager
  • Luke Galesince 01/01/2003
Fund objective
To invest in the Institutional Cash Series plc - Institutional Sterling Liquidity Fund ("Sterling Liquidity Fund"), managed by BlackRock Asset Management Ireland Limited. To maximise current income consistent with preservation of principal and liquidity by the maintenance of a portfolio of high quality short term "money market" instruments.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
0.2%
1 Year rank in sector
14/42
Sector
FO Currency - Sterling
Yield
0.4%
Fund size
£10m
Top in this sector
Fund name1 Year
Hume Caut MA Stg2.1%
Payden & Rygel Sterling Rsrv1.3%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit45%
    Short Term Asset Backed20%
    Fixed Interest13%
    Commercial Paper12%
    Time Deposits6%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0.1%0.2%0.7%1.5%
Sector0%0%0.1%0.4%1.2%2.1%
Rank within sector23 / 4623 / 4624 / 4514 / 4215 / 3811 / 31
Quartile2nd2nd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.3%0.2%0.1%0.6%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector14 / 4211 / 3918 / 3720 / 379 / 30
Quartile2nd2nd2nd3rd2nd
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.
0.24
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.
0.02
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%.
0.04
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.
0.17
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.
-0.79
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.
0.01
Price movement
52 week high1.33
52 week low1.33
Current bid price-
Current offer price-
Current mid price1.33
Region
1Money Market100%
Industry sector
1Certificates of Deposit45%
2Short Term Asset Backed20%
3Fixed Interest13%
4Commercial Paper12%
5Time Deposits6%
6Others3%
7Asset Backed Commercial Paper1%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
Ashburton
Fund manager company
Ashburton Investments
Fund type
No data available.
Fund objective
To invest in the Institutional Cash Series plc - Institutional Sterling Liquidity Fund ("Sterling Liquidity Fund"), managed by BlackRock Asset Management Ireland Limited. To maximise current income consistent with preservation of principal and liquidity by the maintenance of a portfolio of high quality short term "money market" instruments.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Fund manager
NameSinceBiography
Luke Gale01/01/2003Luke Gale is an Investment Manager within Ashburton's Asset Allocation team with responsibility for bond and currency research, and management of the Cash & Fixed income and Money Market Funds. Luke joined Ashburton in 2003 and has 6 years experience in the investment industry. He holds the Investment Management Certificate, a PhD in engineering and is a Chartered Market Technician (CMT).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Jersey, Offshore, South Africa
Ashburton Sterling Money Market R GBP
Initial charge-
Annual charge0.13%
Min single investment£10,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price1.3339
Offer price1.3339
Mid price-
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZR05
Ashburton Sterling Money Market R NAV GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.3339
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGUN7
Data provided by

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