Fact sheet: CMI US Eq Index Tracking

Fund information
Fund name
CMI US Equity Index Tracking DC1
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund manager
  • Ian MacDonaldsince 01/09/2011
Fund objective
The Sub-Fund aims to achieve long-term capital growth by investing in a diversified portfolio of equities or equity related securities listed on the S&P 500 index and wherever possible, in proportion to their weighting in that index. The aim of the Sub-Fund will be to mirror, as closely as possible, the capital performance of the index. The base currency of this Sub-Fund is US dollars.
Benchmark
  • S&P 500
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
17.1%
1 Year rank in sector
74/204
Sector
FO Equity - USA
Yield
-
Fund size
£45m
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.
107
Top in this sector
Fund name1 Year
Boost NASDAQ 100 3x LD ETP99.5%
Boost S&P500 3x LD ETP49.2%
LM Opportunity43.5%
T. Rowe Price USLgCpGthEq41.7%
Dodge & Cox US Stk41%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA96.7%
    Money Market2.2%
    China0.4%
    Switzerland0.3%
    Others0.3%
  • Technology18.8%
    Financial Services16.2%
    Health Care14%
    Cyclical Consumer Goods10.9%
    Industrials10.2%
  • International Equities97.6%
    Money Market2.2%
    Others0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%1.8%9.5%17.1%29.5%89.4%
Sector0.4%0.8%7.4%15.6%24.3%75.1%
Rank within sector53 / 21771 / 21749 / 21374 / 20455 / 17453 / 146
Quartile1st2nd1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund7.2%10.4%-1%14%32.7%
Sector6.3%8.9%-1.6%10.7%31.8%
Rank within sector86 / 21692 / 20299 / 18642 / 16870 / 151
Quartile2nd2nd3rd1st2nd
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.
0.76
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.
1.04
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.
0.49
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%.
11.51
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.
2.24
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.
0.47
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.
0.96
Price movement
52 week high67.33
52 week low56.34
Current bid price-
Current offer price-
Current mid price67.28
Region
1USA96.65%
2Money Market2.17%
3China0.4%
4Switzerland0.32%
5Others0.25%
6Canada0.14%
7Singapore0.07%
Industry sector
1Technology18.81%
2Financial Services16.15%
3Health Care14.04%
4Cyclical Consumer Goods10.86%
5Industrials10.21%
6Consumer Staples9.28%
7Energy6.49%
8Telecommunications Utilities3.94%
9Utilities3.05%
Asset type
1International Equities97.58%
2Money Market2.17%
3Others0.25%
Individual holdings
1APPLE INC3.49%
2MICROSOFT CORP2.39%
3EXXON MOBIL CORP1.61%
4JOHNSON & JOHNSON1.6%
5AMAZON.COM INC1.59%
6JPMORGAN CHASE & CO1.56%
7BERKSHIRE HATHAWAY INC1.54%
8FACEBOOK INC1.51%
9GENERAL ELECTRIC CO.1.28%
Management
Fund manager group
Lemanik Asset Management
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund objective
The Sub-Fund aims to achieve long-term capital growth by investing in a diversified portfolio of equities or equity related securities listed on the S&P 500 index and wherever possible, in proportion to their weighting in that index. The aim of the Sub-Fund will be to mirror, as closely as possible, the capital performance of the index. The base currency of this Sub-Fund is US dollars.
Benchmark
  • S&P 500
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund manager
NameSinceBiography
Ian MacDonald01/09/2011Ian joined Insight in July 2003 as a quantitative and risk analyst. In October 2006 he transferred to the financial solutions group with responsibility for index replication. After graduating in 1998, Ian joined the WM Company as a quantitative analyst and was responsible for the implementation and maintenance of their 'Relative Risk Service'. Ian holds a MA honours degree in statistics from Aberdeen University.
Compliance
Distributor Status, FE Passive Rateable, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom, Luxembourg, Offshore
CMI US Equity Index Tracking DC1
Initial charge8.5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price67.276
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIM43
CMI US Equity Index Tracking DC2
Initial charge-
Annual charge0.18%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price67.362
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDET
CMI US Equity Index Tracking DC3
Initial charge-
Annual charge0.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price67.356
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDEU
CMI US Equity Index Tracking DC7
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price69.45
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFDEV
CMI US Equity Index Tracking DC8
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 price65.587
CurrencyUSD
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC45A
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.