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
  • David Janesince 09/06/2014
  • Anthony Raynersince 01/12/2014
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
14.3%
1 Year rank in sector
54/198
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.7%
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
£399m (£319m 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.
51
Mid price
255.03
Top in this sector
Fund name1 Year
Omnis Multi-Asset Income21.8%
AXA Lifetime Distribution21.7%
S&W The Magpie21.5%
Artemis Monthly Distribution21.3%
AXA Global Distribution21.2%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK30%
    USA27.5%
    Europe ex UK19.6%
    Japan9.6%
    Asia Pacific ex Japan7.3%
  • Banks23.5%
    Capital Goods13.1%
    Fixed Interest12.9%
    Materials7.3%
    Energy5.7%
  • Global Corporate Fixed Interest19.4%
    UK Corporate Fixed Interest16.7%
    Europe ex UK Equities13.7%
    US Equities12.7%
    UK Equities11.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%2.9%3.5%14.3%25.7%29.3%
Sector0.6%2.8%3.4%12.4%19.7%38.2%
Rank within sector43 / 20588 / 20592 / 20154 / 19830 / 171129 / 143
Quartile1st2nd2nd2nd1st4th
Calendar performance
 YTD - 20172016201520142013
Fund5.2%9.5%5.8%0.1%4.7%
Sector3.1%10.3%1.2%5%9%
Rank within sector9 / 204119 / 1926 / 180164 / 166142 / 155
Quartile1st3rd1st4th4th
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.
1.1
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
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.
0.6
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%.
6.23
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.
3.39
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.
0.3
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.
0.7
Price movement
52 week high254.81
52 week low220.19
Current bid price-
Current offer price-
Current mid price255.03
Region
1UK29.97%
2USA27.45%
3Europe ex UK19.62%
4Japan9.64%
5Asia Pacific ex Japan7.25%
6Global Emerging Markets4.66%
7Others1.4%
Industry sector
1Banks23.52%
2Capital Goods13.12%
3Fixed Interest12.94%
4Materials7.29%
5Energy5.69%
6Software5.01%
7Mutual Funds4.08%
8Hardware3.79%
9Insurance3.5%
Asset type
1Global Corporate Fixed Interest19.44%
2UK Corporate Fixed Interest16.72%
3Europe ex UK Equities13.65%
4US Equities12.7%
5UK Equities11.07%
6Japanese Equities9.65%
7Asia Pacific ex Japan Equities6.53%
8Money Market3.56%
9Global Emerging Market Equities3.35%
Individual holdings
1ETFS GOLD BULLION SECURITIES USD1.4%
2ETFS GOLD BULLION SECURITIES USD1.4%
3BP1.1%
4BANCO BILBAO VIZCAYA ARGENTARIA SA1.06%
5ROYAL DUTCH SHELL1%
6MITON THE DIVERSE INCOME TRUST PLC ORD 0.1P0.99%
7RIO TINTO0.96%
8NATIONWIDE BUILDING SOCIETY 6.875% UNDATED BDS GBP1000000.86%
9MARRIOTT INTERNATIONAL INC0.84%
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
David Jane09/06/2014David Jane joined Miton Group plc in June 2014 and has more than 25 years’ experience in investment management. He founded Darwin Investment Management Ltd in September 2010 and prior to that he was Head of Equities Investments at M&G. David joined M&G in December 2000 as a Fund Manager in the global specialist equity team before becoming Head of Equities investments. Whilst there he was portfolio manager of the M&G Managed Fund and the 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 and before that he was at Newton Investment Management as Director of Global Financials Research. He also served as Non-Executive Director of M&G High Income Investment Trust plc from October 2002 to July 2010. David graduated from Keele University with a B.A. Honours in Economics, Statistics and Operations Research. David is Fund Manager of the CF Miton Cautious Multi Asset Fund, CF Miton Defensive Multi Asset Fund and the MI Miton Cautious Monthly Income Fund
Anthony Rayner01/12/2014Anthony Rayner joined Miton Group plc in June 2014 and has 18 years investment experience. Prior to Miton, Anthony worked for Darwin Investment Management Ltd, analysing portfolio construction and risk for the Darwin Multi Asset Fund alongside David Jane. 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. Anthony is Fund Manager of the CF Miton Cautious Multi Asset Fund, CF Miton Defensive Multi Asset Fund and the MI Miton Cautious Monthly Income Fund.
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 price232.17
CurrencyGBX
Price updated26/04/2017
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 price255.03
CurrencyGBX
Price updated26/04/2017
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 price2.8955
CurrencyUSD
Price updated26/04/2017
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 price2.6448
CurrencyEUR
Price updated26/04/2017
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 price241.09
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFPY8
Data provided by

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