Fact sheet: Better Capital 2009

Fund information
Fund name
Better Capital 2009
Fund manager company
Better Capital
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
The fund seeks to invest in a portfolio of businesses which have significant operating issues and may have associated financial distress, with a primary focus on investments in businesses which have significant activities within the United Kingdom or Ireland.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Feeder fund, Shares
Quick stats
1 Year return
66.6%
1 Year rank in sector
1/23
Sector
IT Private Equity
Yield
2.5%
Fund size
£209m
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.
136
Mid price
101
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
116.08
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-13.42
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Better Capital 200966.6%
3i Group Plc52.9%
SVG Capital plc45.6%
Northern Investors Company PLC44.6%
Std Lf Euro PvtEq Tst43.1%
...more in IT Private Equity

Performance snapshot

Holdings snapshot

  • Europe98%
    Money Market2%
  • Aerospace87.4%
    Information Technology15.5%
    Money Market2%
    Others-4.9%
  • European Equities98%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.1%11.6%16.6%66.6%1.7%55.5%
Sector0.6%9.6%18%17.9%32.9%84.1%
Rank within sector6 / 239 / 2316 / 231 / 2318 / 2215 / 20
Quartile2nd2nd3rd1st4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund66.4%5.2%-42.2%23.3%23.4%
Sector18.8%3%8%17.8%18.8%
Rank within sector1 / 2312 / 2222 / 228 / 2211 / 20
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.
14.58
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.
-0.91
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.
-0.01
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%.
32.05
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.
34.8
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.
-0.26
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.
0.04
Price movement
52 week high105
52 week low75.64
Current bid price100
Current offer price102
Current mid price101
Region
1Europe98%
2Money Market2%
Industry sector
1Aerospace87.4%
2Information Technology15.5%
3Money Market2%
4Others-4.9%
Asset type
1European Equities98%
2Money Market2%
Individual holdings
1GARDNER87.4%
2OMNICOM GROUP INC10.3%
3M-HANCE5.2%
4SPOT SA2.6%
Management
Fund manager group
Better Capital
Fund manager company
Better Capital
Fund type
Investment Trust
Fund objective
The fund seeks to invest in a portfolio of businesses which have significant operating issues and may have associated financial distress, with a primary focus on investments in businesses which have significant activities within the United Kingdom or Ireland.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Feeder fund, Shares
Fund manager
No data available.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
Guernsey, Offshore
Better Capital 2009
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 price116.73
CurrencyGBX
Price updated31/03/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNMWW
Data provided by

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