Fact sheet: CF Miton Cautious Multi Asset

Fund information
Fund name
CF Miton Cautious Multi Asset B GBP
Fund manager company
Miton Asset Management
Fund type
OEIC
Fund managers
  • Anthony Raynersince 01/12/2014
  • David Janesince 08/06/2014
Accolades
 Highly Commended - Mixed Investment 40-85% Shares
Fund objective
The objective of the fund is to provide long term capital growth by investing in a portfolio of other authorised funds, worldwide equities, fixed interest stocks, cash and money market instruments.
Benchmark
  • No Specified Index
Investment style
Balanced,Growth
Investment method
None
Quick stats
1 Year return
9.3%
1 Year rank in sector
83/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.8%
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.
0.82%
Fund size
£364m (£320m 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.
50
Mid price
242.74
Top in this sector
Fund name1 Year
AXA Global Distribution20.2%
S&W The Magpie18.8%
SVS TPI Balanced 218.8%
Investec Caut Mgd18.4%
AXA Lifetime Distribution16.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK41.3%
    International21.5%
    Global Emerging Markets10.2%
    USA8.2%
    Not Specified7%
  • Corporate Bonds37.4%
    Real Estate5.3%
    Electronic & Electrical Equipment4.1%
    Equities4.1%
    Industrials3.8%
  • UK Equities21.3%
    UK Corporate Fixed Interest20%
    Global Corporate Fixed Interest19.3%
    Global Emerging Market Equities10.2%
    US Equities8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-0.3%7.6%9.3%15.8%22.4%
Sector-0.1%-0.2%6.3%8.3%16.6%35.5%
Rank within sector57 / 214109 / 21368 / 21183 / 204120 / 173138 / 144
Quartile2nd3rd2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund9.7%5.8%0.1%4.7%0.1%
Sector8.4%1.2%5%9%8%
Rank within sector73 / 2046 / 190173 / 175145 / 161144 / 145
Quartile2nd1st4th4th4th
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.
-0.12
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.
0.15
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%.
6.2
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.
3.65
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.
0.65
Price movement
52 week high247.96
52 week low213.57
Current bid price-
Current offer price-
Current mid price242.74
Region
1UK41.3%
2International21.5%
3Global Emerging Markets10.2%
4USA8.2%
5Not Specified7%
6Europe ex UK6.5%
7Asia Pacific ex Japan4.1%
8Japan1%
9Money Market0.2%
Industry sector
1Corporate Bonds37.4%
2Real Estate5.3%
3Electronic & Electrical Equipment4.14%
4Equities4.05%
5Industrials3.79%
6Banks3.68%
7Others3.45%
8Mineral Extraction3.37%
9Oil & Gas Exploration & Production3.25%
Asset type
1UK Equities21.3%
2UK Corporate Fixed Interest20%
3Global Corporate Fixed Interest19.3%
4Global Emerging Market Equities10.2%
5US Equities8.2%
6Europe ex UK Equities6.5%
7Asia Pacific ex Japan Equities4.1%
8Commodity & Energy3.5%
9International Property3.5%
Individual holdings
1HSBC HLDGS1.67%
2ETFS GOLD BULLION SECURITIES USD1.46%
3ETFS GOLD BULLION SECURITIES USD1.46%
4RIO TINTO1.32%
5MITON THE DIVERSE INCOME TRUST PLC ORD 0.1P1.06%
6ROYAL DUTCH SHELL0.99%
7BP0.98%
8BANCO BILBAO VIZCAYA ARGENTARIA SA0.92%
9CUMMINS INC0.91%
Management
Fund manager group
Miton
Fund manager company
Miton Asset Management
Fund type
OEIC
Fund objective
The objective of the fund is to provide long term capital growth by investing in a portfolio of other authorised funds, worldwide equities, fixed interest stocks, cash and money market instruments.
Benchmark
  • No Specified Index
Investment style
Balanced,Growth
Investment method
None
Fund managers
NameSinceBiography
Anthony Rayner01/12/2014Before joining Miton, Anthony worked for Darwin Investments, analysing portfolio construction and risk for the Darwin Multi Asset Fund. Prior to this, he worked for M&G, focusing on portfolio construction and risk for UK equity funds and then for the multi asset fund range. Previously, he was a member of the Asset Allocation and Economics team at Merrill Lynch Investment Managers. He has 18 years investment experience.
David Jane08/06/2014David Jane joined the Darwin group in September 2010. He has more than 23 years' experience in investment management. He was previously Head of Equities Investments at M&G. David joined M&G in December 2000 as a Fund Manager in the global specialist equity team. He served as Head of Equities Investments and Portfolio Manager at M&G Managed Fund and M&G Cautious Multi Asset Fund, which he launched in February 2007 and grew to over £300 million during his tenure. Prior to M&G, David was the Head of Global Financials Research at Axa Investment Management. Prior to Axa, he was at Newton Investment Management as Director of Global Financials Research. He also served as a Non Executive Director of M&G High Income Investment Trust plc from October 2002 to July 2010. David graduated with a B.A. Honours in Statistics and Economics.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Miton Cautious Multi Asset A GBP
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price221.62
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQM36
CF Miton Cautious Multi Asset B GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price242.74
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQH74
CF Miton Cautious Multi Asset C USD
Initial charge-
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price2.7356
CurrencyUSD
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUR94
CF Miton Cautious Multi Asset F EUR
Initial charge-
Annual charge1.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)2%
Bid price-
Offer price-
Mid price2.5233
CurrencyEUR
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC4G5
CF Miton Cautious Multi Asset G GBP
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price229.69
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPY8
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