Fact sheet: CF Miton US Opportunities

Fund information
Fund name
CF Miton US Opportunities B Acc
Fund manager company
Miton Asset Management
Fund type
OEIC
Fund managers
  • Hugh Grievessince 18/03/2013
  • Nick Fordsince 18/03/2013
Fund objective
The fund aims to achieve long-term total returns by investing primarily in a portfolio of North American equities.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
36.8%
1 Year rank in sector
29/84
Sector
UT North America
Yield
0.2%
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.
0.84%
Fund size
£284m (£142m 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.
105
Mid price
196.41
Top in this sector
Fund name1 Year
VT De Lisle America51.4%
Investec American44%
UBS US Equity43.7%
Royal London US Gth Trst43.2%
GAM North American Growth41.7%
...more in UT North America

Performance snapshot

Holdings snapshot

  • USA100%
  • Information Technology25.1%
    Industrials19.8%
    Consumer Discretionary18%
    Financials13.2%
    Health Care9.7%
  • US Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%1.8%15.3%36.8%73%-
Sector0.8%4%16.2%35.3%65.4%115.5%
Rank within sector85 / 8981 / 8959 / 8829 / 8421 / 76-
Quartile4th4th3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.9%37.9%8.1%15.5%-
Sector4.4%31.2%4.9%17.8%30.5%
Rank within sector75 / 8914 / 8315 / 8160 / 74-
Quartile4th1st1st4th
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.
5.47
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.
0.83
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.
1.76
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%.
10.1
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.
4.22
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.
0.59
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.
0.86
Price movement
52 week high202.76
52 week low144.07
Current bid price-
Current offer price-
Current mid price196.41
Region
1USA100%
Industry sector
1Information Technology25.08%
2Industrials19.76%
3Consumer Discretionary17.95%
4Financials13.18%
5Health Care9.73%
6Consumer Staples7.73%
7Energy3.97%
8Materials2.6%
Asset type
1US Equities100%
Individual holdings
1FORTUNE BRANDS HOME & SECURITY INC2.75%
2WALGREENS BOOTS ALLIANCE2.63%
3FEDEX CORP2.61%
4KANSAS CITY SOUTHERN2.58%
5UNITEDHEALTH GROUP INC2.58%
6MARRIOTT INTERNATIONAL INC2.55%
7ULTIMATE SOFTWARE GRP INC2.55%
8POOL CORP2.53%
9BRIGHT HORIZONS FAMILY SOLUTIONS2.52%
Management
Fund manager group
Miton
Fund manager company
Miton Asset Management
Fund type
OEIC
Fund objective
The fund aims to achieve long-term total returns by investing primarily in a portfolio of North American equities.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Hugh Grieves18/03/2013Hugh Grieves joined Miton Group plc in January 2013. Prior to this, he worked for Herald Investment where he was responsible for managing the Herald Worldwide Fund. From 2000-2008 he co-managed the technology funds at Societe Generale Asset Management Ltd with Alan Torry and managed the funds from 2008-2009. Prior to that Hugh worked from 1995-2000 in the US smaller companies team at Gartmore. Hugh graduated from Bristol University with a degree in Economics and is a CFA charterholder.
Nick Ford18/03/2013Nick Ford joined Miton Group plc in December 2012. Prior to this, he was the Investment Director on the US and Global Desk at Scottish Widows Investment Partnership. Nick has over 20 years of experience in managing equity funds. His previous roles include co-manager of the Gartmore US Smaller Companies fund, manager of the US Unit Trusts for Sun Alliance and Clerical Medical, as well as working as a member of the small cap team at F&C Asset Management. Nick graduated from the University of Surrey.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Miton US Opportunities A Acc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price190.61
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0YU
CF Miton US Opportunities B Acc
Initial charge1%
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price196.41
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI0YV
Data provided by

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