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
  • Nick Fordsince 18/03/2013
  • Hugh Grievessince 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
35%
1 Year rank in sector
10/82
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.
0.85%
Fund size
£222m (£125m 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.
103
Mid price
186.01
Top in this sector
Fund name1 Year
VT De Lisle America53.3%
CF Canlife North American44.5%
Aviva Inv US Equity Income39.6%
Investec American38.9%
Aviva Inv US Eq Inc II38.8%
...more in UT North America

Performance snapshot

Holdings snapshot

  • USA98.3%
    Money Market1.7%
  • Software17.6%
    Support Services12.3%
    Financials9.8%
    Healthcare & Medical Products7.4%
    Transport7.1%
  • US Equities98.3%
    Money Market1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.7%9.4%22.1%35%71.7%-
Sector4.6%8.2%20.9%26.3%59.2%119.4%
Rank within sector16 / 9023 / 8849 / 8410 / 829 / 73-
Quartile1st2nd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund34.4%8.1%15.5%--
Sector26.3%4.9%17.8%30.5%6.9%
Rank within sector14 / 8215 / 8058 / 73--
Quartile1st1st4th
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.
5.37
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.
1.54
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%.
10.14
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.
4.28
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.
0.64
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 high187.44
52 week low127.49
Current bid price-
Current offer price-
Current mid price186.01
Region
1USA98.3%
2Money Market1.7%
Industry sector
1Software17.61%
2Support Services12.25%
3Financials9.78%
4Healthcare & Medical Products7.35%
5Transport7.09%
6Banks4.97%
7Oil & Gas Equipment & Services4.78%
8Food & Drug Retailers4.27%
9Food Producers4.02%
Asset type
1US Equities98.3%
2Money Market1.7%
Individual holdings
1UNITEDHEALTH GROUP INC2.92%
2KEYCORP2.87%
3WINTRUST FINANCIAL CORP2.78%
4SCHWAB (CHARLES) CORP2.75%
5MARRIOTT INTERNATIONAL INC2.74%
6CBS CORP2.71%
7PRA HEALTH SCIENCES INC2.68%
8WATSCO INC2.64%
9UNION PACIFIC CORP2.63%
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
Nick Ford18/03/2013Nick joined Miton Group plc from his role as Investment Director on the US and Global Desk at Scottish Widows Investment Partnership. He 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.
Hugh Grieves18/03/2013Hugh joined Miton Group plc in January 2013 having previously 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 sole managed the funds from 2008-2009. Prior to that he worked from 1995-2000 in the US smaller companies team at Gartmore, having graduated from Bristol in Economics. Hugh is a CFA charterholder.
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)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price180.91
CurrencyGBX
Price updated07/12/2016
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)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price186.01
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI0YV
Data provided by

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